Indiana Code 6-3.1-35.8-6. Unused credits
Current as of: 2023 | Check for updates
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Terms Used In Indiana Code 6-3.1-35.8-6
- tax credit: means a deduction from any tax otherwise due under IC 6-3 or Indiana Code 6-3.1-35.8-1
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
Sec. 6. A tax credit shall be allowable under this chapter only for the taxable year of the taxpayer in which the contribution qualifying for the credit is paid. A taxpayer is not entitled to a refund of any unused credit.
As added by P.L.165-2021, SEC.91.