Form It-40 - Indiana Full-Year Resident Individual Income Tax Booklet - 2012 Page 3
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64Which Indiana Tax Form Should You File?
2012 Changes
Indiana has four different individual income tax returns. Read the fol-
Update: Line 1 of Form IT-40 assumes conformity with the Internal
lowing to find the right one for you.
Revenue Code for federal changes adopted after Jan. 1, 2011. If the
Indiana state legislature does not conform to the most current changes
to the Internal Revenue Code, you may have to amend your return at
Indiana Full-Year Residents
a later date to reflect any differences between Indiana and federal law.
You may wish to periodically check the Department’s homepage at
Use Form IT-40EZ:
for updates.
If you (and your spouse, if filing jointly) were a full-year Indiana resi-
dent and all of the following are true:
County tax
•
You filed a federal Form 1040EZ,
Indiana counties were eligible to adopt or increase their local income
•
You are claiming only the renter’s deduction and/or unemploy-
tax rates through Oct. 31, 2012. This publication was finalized before
ment compensation deduction,
that date. This means your county tax rate on the back of Schedule CT-
•
You have only Indiana state and county tax withholding credits
40 may not be correct. We encourage you to contact us in one of the
and/or the Automatic Taxpayer Refund credit, and
following ways to get an updated list of the rates before filing.
•
You do not have any interest income from a direct obligation (ac-
quired after Jan. 1, 2012) of a state or political subdivision other
To get the updated list you may:
than Indiana.
•
Log on to the Department’s website at
•
Call the form order request line at (317) 615-2581 to have one
Use Form IT-40:
mailed to you.
If you (and your spouse, if filing jointly) were a full-year Indiana resi-
•
Call our main tax line at (317) 232-2240 Monday – Friday, 8 a.m.
dent and you do not qualify to file Form IT-40EZ.
to 4:30 p.m., and a representative will assist you.
All Other Individuals
Tax returns filed using the wrong rates will be adjusted. This may
result in a reduced refund, or an increase in the amount you owe.
Use Form IT-40RNR:
If you (and your spouse, if filing jointly) were:
Automatic Taxpayer Refund Credit for Hoosiers
•
A full-year resident of Kentucky, Michigan, Ohio, Pennsylvania or
The Indiana General Assembly passed Governor Daniels’ proposed
Wisconsin, and
legislation providing an Automatic Taxpayer Refund credit for
•
Your only type of income from Indiana was from wage, tip, salary
eligible Indiana taxpayers when the state budget surplus exceeds the
or other compensation.*
amount needed to protect against a downturn in the economy. Eligible
Hoosier taxpayers will share equally in the Automatic Taxpayer
*If you have any other kind of Indiana-source income, you are re-
Refund credit by keeping more of their hard-earned money.
quired to file Form IT-40PNR (see below).
Most taxpayers are eligible for the credit, but there are three qualifica-
Use Form IT-40PNR:
tions. An eligible taxpayer must have timely filed a full-year Indiana
If you (and/or your spouse, if filing jointly) were an Indiana resident
resident income tax return for tax year 2011, must timely file a full-
for less than a full year (or not at all) and you do not qualify to file
year resident Indiana income tax return for tax year 2012, and must
Form IT-40RNR.
owe some tax to the state for 2012. The refundable credit that has been
authorized for 2012 is $111 per eligible taxpayer ($222 for an eligible
Note. If you have income that is being taxed by both Indiana and
married couple filing a joint return). See page 9 of the booklet for
another state, you may have to file a tax return with the other state. A
further details and the worksheet to determine your eligibility to share
in the Automatic Taxpayer Refund credit.
listing of other states’ tax forms can be found at
OOS municipal obligation interest add-back
Military Personnel
Interest earned from a direct obligation of a state or political subdi-
vision other than Indiana may be subject to tax in Indiana. See the
See the instructions on page 7 to determine which form to file. Mili-
instructions on page 16 for more information.
tary personnel stationed in a combat zone should see the instructions
on page 8 for extensions of time to file procedures.
Changes to certain offset credits
Ways to claim the employer health benefit plan credit, maternity home
credit and small employer qualified wellness program credit have
changed. See the instructions on pages 47, 49 and 50 for details.
Page 3
IT-40 Booklet 2012
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