13 articles tagged with "deductions".
How-To Guides5 min read
Indiana divorce and property taxes: who keeps the homestead deduction, why legally separated spouses still share one, how the departing spouse claims a new home, quitclaim sales disclosures, who owes the installments, and refunds.
How-To Guides5 min read
Who can claim the Indiana homestead deduction when the house is titled to a living trust, an LLC, a life tenant, a land contract buyer, or unmarried co-owners, what to file on Form HC10, and what losing homestead costs.
How-To Guides4 min read
Every deduction and credit statement for taxes payable 2027 must be completed, dated, and filed with your county auditor by January 15, 2027 — one unified deadline under current Indiana law. What still requires a filing after SB 1 and HEA 1210, and what applies automatically.
Property Taxes4 min read
A second home gets no homestead deduction, no $300 credit, and a 2% cap instead of 1% — which is why the cottage's bill can exceed your primary home's. SEA 1's phased 2%-tier deduction is narrowing the gap through 2031.
How-To Guides5 min read
Indiana has no inheritance tax, but property taxes don't pause for probate. Here's what happens to the homestead deduction after a death, what surviving spouses and heirs need to file, and the traps that lead inherited homes to tax sale.
How-To Guides4 min read
Indiana lets renters deduct up to $3,000 of rent and homeowners deduct up to $2,500 of property taxes on the state income tax return. Small, simple, and skipped by thousands of filers every year.
How-To Guides4 min read
On an Indiana land contract the buyer typically pays the property taxes — but gets the homestead deduction only if the contract is recorded and meets statutory requirements. Here's how to avoid paying double.
Property Taxes5 min read
Indiana counties actively audit homestead deductions. An ineligible homestead means up to three years of back taxes plus a 10% civil penalty under IC 6-1.1-36-17. Here's what triggers a flag and how to fix it.
Property Taxes7 min read
Marion County 2026 tax bills reflect billions in new assessed value from the 2025 reassessment. A rights checklist for what is still actionable mid-year.
Property Taxes7 min read
SEA 1's homestead restructuring takes its biggest step yet in 2027: the supplemental deduction climbs to 46% while the $48,000 standard deduction begins phasing out. A preview of how the math changes for your 2027 bill.
How-To Guides6 min read
How Indiana prorates property taxes at closing, why arrears billing matters, how the settlement statement credits the buyer, and the homestead refile buyers miss.
How-To Guides8 min read
Your Indiana property tax bill contains more than just the amount due. Learn what every line means — gross assessed value, deductions, net assessed value, tax rate, credits, and circuit breaker caps — so you can verify you're paying the right amount.
Property Taxes7 min read
Every property tax deduction and exemption available in Indiana. Homestead, mortgage, senior, veteran, disabled, solar, nonprofit, and more — with eligibility, amounts, and how to apply.