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IN HB1474
Bill
Status
1/15/2019
Primary Sponsor
Dave Heine
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AI Summary
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Eliminates the 6-month filing deadline for claiming Indiana's unified tax credit for the elderly, which previously required claims to be filed within 6 months after the close of the taxable year or within any granted extension period
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Applies retroactively to January 1, 2019, allowing elderly taxpayers who missed previous deadlines to potentially file claims
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Maintains all other eligibility requirements for the credit: claimant must be 65+ years old, Indiana resident for at least 6 months, and have household federal adjusted gross income under $10,000
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Credit amounts remain unchanged: $40-$100 for single filers or couples with one spouse 65+; $80-$140 for couples where both spouses are 65+, based on income level
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Declared an emergency measure for immediate implementation upon passage
Legislative Description
Tax credit eligibility. Removes the provision in current law that requires a claim for a unified tax credit for the elderly to be filed within six months following the close of claimant's taxable year or within the extension period if an extension of time for filing the return has been granted, whichever is later.
Last Action
First reading: referred to Committee on Ways and Means
1/15/2019