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Tax Affidavit 2024-2025 Form
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Video instructions and help with filling out and completing State Form 46402 Indiana
Instructions and help about State Form 46402 Indiana
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People also ask
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What is the military retirement deduction in Indiana?
This deduction is equal to the actual amount of military income received (i.e., military pay, retirement pay, and/or survivor's benefits) or $5,000, whichever is less. If both a service member and their spouse received military income, they may each claim the deduction for a maximum of $10,000.
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Does Indiana put veterans on a driver's license?
Active Duty, Veteran and Surviving Spouse Indicator for Indiana Driver's Licenses and ID Cards: Indiana offers driver's license or ID card indicators for active duty service members, Veterans and Surviving spouses. If an indicator is added during a new issuance or a renewal transaction, there is no charge.
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How do I get disabled veteran plates in Indiana?
Disabled Hoosier Veteran License Plates To purchase a new Disabled Hoosier Veteran license plate you must visit any Indiana branch and are required to provide the following on first issuance: The Certificate of Eligibility for Veteran License Plate - State Form 32584.
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What taxes are taken out of military retirement pay?
A Payments you receive as a member of a military service generally are taxed as wages except for retirement pay, which is taxed as a pension. If your retirement pay is based on age or length of service, it is taxable and must be included in your income as a pension on lines 5a and 5b of Form 1040 or Form 1040-SR.
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Does Indiana have a state withholding form?
Instructions for Completing Form WH-4 This form should be completed by all resident and nonresident employees having income subject to Indiana state and/or county income tax.
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How much of my military retirement is taxable in Indiana?
Indiana Income Tax Exemption on Military Retired Pay: Military retired pay is exempt from Indiana Income tax. Indiana Nonresident Military Spouse Earned Income Deduction: Nonresident military Spouses do not have to pay Indiana income tax for wages earned in Indiana.
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What is the standard deduction for 2024 in Indiana?
Tax brackets and the standard deduction for 2024 The standard deduction for single taxpayers and married individuals filing separately will be $14,600, up $750 over 2023. For married couples filing together, the standard deduction is rising by $1,500 to $29,200.
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What is military income deduction?
The military income deduction is available for the amount of pay received while: Ordered to federal active duty status under 10 USC or 32 USC. Participating in Annual Training (typically 2 weeks a year)
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