State and Local Tax The complexity and persistent changes in state and local tax (SALT) laws and regulations can make it difficult for businesses to meet their objectives. At Withum, our consultants are relentless […] Learn More Get news and event information from Withum ...
Fill out Schedule 3, if you claimed exemptions on your federal tax return. You can claim an exemption for yourself, your spouse and any qualifying dependents. Enter the amount from Schedule 3 on line 6 of form IT-40. Subtract line 6 from line 5. This is your Indiana taxable income. We...
Indiana has a flat state income tax rate of 3.23%. Many of the state's counties also collect income tax. The state sales tax rate is 7% with exemptions for food, prescription medications and over-the-counter medications.[179] In some jurisdictions, an additional Food and Beverage Tax is ch...