Enlarge image | 01 0000000000111111111122222222223333333333444444444455555555556666666666777777777788888 1234567890123456789012345678901234567890123456789012345678901234567890123456789012345 04 Schedule IN-EIC Indiana Department of Revenue Enclosure 05 Form IT-40/IT-40PNR Indiana’s Earned Income Credit Sequence No. 09 State Form 49469 2024 06 (R24 / 9-24) You must enclose if claiming this credit on Forms IT-40 or IT-40PNR. 07 08 Name(s) shown on Form IT-40/IT-40PNR Your Social Security Number 09 10 XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX 999 99 9999 11 12 Section A: Figure Your Indiana Earned Income Credit 13 14 A-1 Enter the earned income credit from your federal income tax return _______________________ A-1 99999999999.00 15 16 A-2 Enter your earned income (see instructions) __________________________________________ A-2 99999999999.00 17 A-3 Enter your Indiana earned income credit. Multiply Line A-1 by 10% (.10). 18 Carry this total to Form IT-40, Schedule 5, line 6, or 19 Form IT-40PNR, Schedule F, line 6, Box A __________________Indiana Earned Income Credit A-3 99999999999.00 20 21 Section B: Complete if you claimed one or more children on your federal Schedule EIC. See instructions. 22 23 Enter each child’s information. 24 25 Child 1 Child 2 Child 3 26 First Name 27 XXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXX 28 Last Name 29 XXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXX 30 Child’s Social 31 Security Number(s) 999 99 9999 999 99 9999 999 99 9999 32 33 Enter letter (e.g., A, B, ,Cetc.) in boxes below that describes each child’s relationship, age and location to you. 34 35 Child 1 Child 2 Child 3 36 B-1 Relationship: 37 A Your Child 38 B Grandchild 39 C Stepchild 40 D Foster Child (not related) X X X 41 E Other (related foster child, or other 42 related child - see instructions) 43 44 B-2 Age: 45 A Under age 18 46 B Age 18 47 C Age 19 - 24 and full-time student X X X 48 D Age 19 or older and totally disabled 49 50 B-3 Location: 51 A Child lived with you at least ½ of the year 52 B Child was born or died in 2024, and lived 53 with you while alive in 2024. X X X 54 55 56 57 Important: You must complete and attach this schedule to your Form IT-40 or IT-40PNR when claiming the earned income credit. 58 59 60 61 62 *17224111694* 63 17224111694 64 65 66 |
Enlarge image | Instructions for Schedule IN-EIC Here are some important things to know when figuring this credit: Social Security Number. Your qualifying child must have a valid • You must be eligible for and have claimed an EIC on your Social Security number (SSN) unless the child was born and died federal tax return. If not, STOP. You are not eligible to claim in 2024.* Indiana’s EIC. • Your income on Form IT-40, line 1 (or Indiana’s Schedule A, Important. Enter information for the same child (or children) you line 36A), must be less than $63,398. If it is the same amount entered on your federal Schedule EIC wherever possible. or more, STOP. You are not eligible to claim Indiana’s EIC. • Schedule IN-EIC must be completed and enclosed by all Example. Marie has four children, three of whom she claimed for filers claiming the EIC. federal EIC purposes. All three children meet the requirements to • Indiana’s Publication EIC is retired beginning with tax year 2023. be a qualified child within Indiana. Since Marie may claim up to three qualified children on this schedule, she should list the three qualified children she claimed for federal EIC purposes. Caution. You must know what your federal earned income credit is before you can figure your Indiana EIC. If you don’t know what In Section B-1, the ‘Foster Child (not related)’ box (line D) is your federal EIC is by Indiana’s filing due date, go ahead and file an unrelated child who was placed with you by an authorized your Indiana return without claiming the EIC. Then, when you find placement agency. out what your federal EIC is, file an amended (corrected) Indiana tax return to claim your Indiana EIC. In Section B-1, the ‘Other’ box (line E) includes a related foster child, or your brother, sister, stepbrother, stepsister, or a descendant of your brother and/or sister, etc. (for example, your If, during 2024: niece or nephew), whom you cared for as your own child. • you were an Indiana resident, and/or • had income from Indiana sources, and * Exception. If your qualified dependent child was born and died • you claimed the EIC on your federal in 2024 and you do not have a SSN for the child, enter the word income tax return, Form 1040, “Died” in the third (largest) Social Security Number box associated then you may be eligible to claim Indiana’s EIC. with your child’s name. You must keep a copy of the child’s birth certificate, death certificate and/or hospital records with your Caution. Schedule IN-EIC must be filed with your tax return in records as the Indiana Department of Revenue (DOR) may order for you to be eligible to claim Indiana’s EIC. request this information at a later date. The documents must show the child was born alive. Section A – Figure Your Indiana Earned Income Credit Line A-1. Enter the amount of earned income credit from your Exception Example Died federal income tax return. Line A-2. Enter your earned income that you used to determine your federal earned income tax credit. Line A-3. Multiply Line A-1 by 10% (.10). Section B – Qualifying Child (Children) You must complete Section B if you are claiming one, two, or three children when figuring Indiana’s EIC. *24100000000* 24100000000 |