Form IT-40 (IT-40PNR; State Form 53385) Schedule IN-529 Indiana's Collegechoice 529 Education Savings Plan Credit - Indiana

What Is Form IT-40 (IT-40PNR; State Form 53385) Schedule IN-529?

This is a legal form that was released by the Indiana Department of Revenue - a government authority operating within Indiana. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form IT-40?
A: Form IT-40 is a tax form used by residents of Indiana to report their income and calculate their state income tax liability.

Q: What is Form IT-40PNR?
A: Form IT-40PNR is a tax form used by part-year residents or nonresidents of Indiana to report their income and calculate their state income tax liability.

Q: What is Schedule IN-529?
A: Schedule IN-529 is a tax form used by Indiana residents to claim the Collegechoice 529 Education Savings Plan Credit.

Q: What is Indiana's Collegechoice 529 Education Savings Plan?
A: Indiana's Collegechoice 529 Education Savings Plan is a tax-advantaged savings plan designed to help families save for future education expenses.

Q: Who can claim the Collegechoice 529 Education Savings Plan Credit?
A: Indiana residents who contribute to the Collegechoice 529 Education Savings Plan can claim the credit.

Q: How does the Collegechoice 529 Education Savings Plan Credit work?
A: The credit allows Indiana residents to receive a credit on their state income tax liability for contributions made to the Collegechoice 529 Education Savings Plan.

Q: What is the State Form 53385?
A: State Form 53385 is the specific form number assigned to the Schedule IN-529 for Indiana's Collegechoice 529 Education Savings Plan Credit.