Ind. Code ch. 6-1.1-51.3

Ind. Code ch. 6-1.1-51.3
in effect

Ind. Code § 6-1.1-51.3-0.5 Application; property tax liability

Sec. 0.5. Each credit against local property taxes to which an individual is entitled for a particular year under this chapter shall be applied to an individual's property tax liability for the year after the application of any credit under IC 6-1.1-20.6-7.5, but before application of any other credits under this article or IC 6-3.6. As added by P.L.68-2025, SEC.84.

Ind. Code § 6-1.1-51.3-0.6 Taxpayer not entitled to carryover, carryback, or refund of excess credit

Sec. 0.6. (a) If the amount of any credit claimed under this chapter for a taxpayer in a taxable year exceeds the taxpayers property tax liability for that taxable year, the taxpayer may not carry the excess over to the following taxable year. (b) A taxpayer is not entitled to any carryback or refund of any unused credit. As added by P.L.157-2026, SEC.94.

Ind. Code § 6-1.1-51.3-1 Credit for person 65 or older; limitations; cost of living adjustment; surviving spouse

Sec. 1. (a) An individual is entitled to a credit against local property taxes imposed on the individual's real property, or mobile home or manufactured home within the county, if: (1) the individual is at least sixty-five (65) years of age on or before December 31 of the calendar year preceding the year in which the credit is claimed; (2) the individual has owned the real property, mobile home, or manufactured home for at least one (1) year before claiming the credit; or the individual has been buying the real property, mobile home, or manufactured home under a contract that provides that the individual is to pay the property taxes on the real property, mobile home, or manufactured home for at least one (1) year before claiming the credit, and the contract or a memorandum of the contract is recorded in the county recorder's office; (3) the individual: (A) owns the real property, mobile home, or manufactured home; or (B) is buying the real property, mobile home, or manufactured home under contract; on the date the credit is claimed; (4) the: (A) individual had, in the case of an individual who filed a single return, adjusted gross income (as defined in Section 62 of the Internal Revenue Code) not exceeding sixty thousand dollars ($60,000); (B) individual had, in the case of an individual who filed a joint income tax return with the individual's spouse, combined adjusted gross income (as defined in Section 62 of the Internal Revenue Code) not exceeding seventy thousand dollars ($70,000); or (C) combined adjusted gross income (as defined in Section 62 of the Internal Revenue Code) of the individual and all other individuals with whom: (i) the individual shares ownership; or (ii) the individual is purchasing the property under a contract; as joint tenants or tenants in common did not exceed seventy thousand dollars ($70,000); for the calendar year preceding by two (2) years the calendar year in which the property taxes are first due and payable; and (5) the individual resides on the real property, mobile home, or manufactured home. (b) The amount of the credit is equal to one hundred fifty dollars ($150). (c) An individual may not be denied the credit provided under this section because the individual is absent from the real property, mobile home, or manufactured home while in a nursing home or hospital. (d) For purposes of this section, if real property, a mobile home, or a manufactured home is owned by: (1) tenants by the entirety; (2) joint tenants; or (3) tenants in common; only one (1) credit may be allowed. However, the age requirement is satisfied if any one (1) of the tenants is at least sixty-five (65) years of age. (e) A surviving spouse is entitled to the credit provided by this section if: (1) the surviving spouse is at least sixty (60) years of age on or before December 31 of the calendar year preceding the year in which the credit is claimed; (2) the surviving spouse's deceased husband or wife was at least sixty-five (65) years of age at the time of a death; and (3) the surviving spouse has not remarried. (f) An individual who has sold real property to another person under a contract that provides that the contract buyer is to pay the property taxes on the real property may not claim the credit provided under this section against that real property. (g) If individuals share ownership or are purchasing the property under a contract as joint tenants or tenants in common and all of the tenants are not at least sixty-five (65) years of age, the credit allowed under this section shall be reduced by an amount equal to the credit multiplied by a fraction. The numerator of the fraction is the number of tenants who are not at least sixty-five (65) years of age, and the denominator is the total number of tenants. (h) An individual wishing to claim a credit under this section must file a statement, on forms prescribed by the department of local government finance, with the county auditor and provide documentation necessary to substantiate the individual's eligibility for the credit. The statement must be completed and dated on or before January 15 of the calendar year in which the property taxes are first due and payable. The statement may be filed in person or by mail. If mailed, the mailing must be postmarked on or before the last day for filing. An individual who remains eligible for the credit in the following year is not required to file a statement to apply for the credit in the following year. However, an individual who receives a credit under this section in a particular year and who becomes ineligible for the credit in the following year shall notify the auditor of the county in which the homestead is located of the individual's ineligibility not later than sixty (60) days after the individual becomes ineligible. As added by P.L.68-2025, SEC.84. Amended by P.L.157-2026, SEC.95.

Ind. Code § 6-1.1-51.3-2 Credit for blind or disabled person; limitations

Sec. 2. (a) An individual is entitled to a credit against local property taxes imposed on the individual's real property, or mobile home or manufactured home within the county, if: (1) the individual is blind or the individual has a disability; (2) the real property, mobile home, or manufactured home is principally used and occupied by the individual as the individual's residence; and (3) the individual: (A) owns the real property, mobile home, or manufactured home; or (B) is buying the real property, mobile home, or manufactured home under contract; on the date the credit is claimed, and in the case of clause (B), the contract or a memorandum of the contract is recorded in the county recorder's office. (b) The amount of the credit is equal to one hundred twenty-five dollars ($125). (c) For purposes of this section, "blind" has the same meaning as the definition contained in IC 12-7-2.1-38(1). (d) For purposes of this section, "individual with a disability" means a person unable to engage in any substantial gainful activity by reason of a medically determinable physical or mental impairment which: (1) can be expected to result in death; or (2) has lasted or can be expected to last for a continuous period of not less than twelve (12) months. (e) An individual with a disability filing a claim under this section shall submit proof of the disability. Proof that a claimant is eligible to receive disability benefits under the federal Social Security Act (42 U.S.C. 301 et seq.) shall constitute proof of disability for purposes of this section. (f) An individual with a disability not covered under the federal Social Security Act shall be examined by a physician and the individual's status as an individual with a disability determined by using the same standards as used by the Social Security Administration. The costs of this examination shall be borne by the claimant. (g) An individual who has sold real property, a mobile home not assessed as real property, or a manufactured home not assessed as real property to another person under a contract that provides that the contract buyer is to pay the property taxes on the real property, mobile home, or manufactured home may not claim the credit provided under this section against that real property, mobile home, or manufactured home. (h) An individual wishing to claim a credit under this section must file a statement, on forms prescribed by the department of local government finance, with the county auditor and provide documentation necessary to substantiate the individual's eligibility for the credit. The statement must be completed and dated on or before January 15 of the calendar year in which the property taxes are first due and payable. The statement may be filed in person or by mail. If mailed, the mailing must be postmarked on or before the last day for filing. An individual who remains eligible for the credit in the following year is not required to file a statement to apply for the credit in the following year. However, an individual who receives a credit under this section in a particular year and who becomes ineligible for the credit in the following year shall notify the auditor of the county in which the homestead is located of the individual's ineligibility not later than sixty (60) days after the individual becomes ineligible. As added by P.L.68-2025, SEC.84. Amended by P.L.230-2025, SEC.60; P.L.145-2026, SEC.25.

Ind. Code § 6-1.1-51.3-5 Credit for certain veterans with partial disability; limitations; surviving spouse

Sec. 5. (a) An individual is entitled to a credit against local property taxes imposed on the individual's real property, or mobile home or manufactured home within the county, if: (1) the individual served in the military or naval forces of the United States for at least ninety (90) days; (2) the individual received an honorable discharge; (3) the individual is at least sixty-two (62) years of age and has a disability of at least ten percent (10%); (4) the individual's disability is evidenced by: (A) a pension certificate or an award of compensation issued by the United States Department of Veterans Affairs; or (B) a certificate of eligibility issued to the individual by the Indiana department of veterans' affairs after the Indiana department of veterans' affairs has determined that the individual's disability qualifies the individual to receive a credit under this section; and (5) the individual: (A) owns the real property, mobile home, or manufactured home; or (B) is buying the real property, mobile home, or manufactured home under contract; on the date the credit is claimed, and in the case of clause (B), the contract or a memorandum of the contract is recorded in the county recorder's office. (b) The amount of the credit is equal to two hundred fifty dollars ($250). (c) The surviving spouse of an individual may receive the credit provided by this section if: (1) the individual satisfied the requirements of subsection (a)(1) through (a)(4) at the time of death; or (2) the individual: (A) was killed in action; (B) died while serving on active duty in the military or naval forces of the United States; or (C) died while performing inactive duty training in the military or naval forces of the United States; and the surviving spouse satisfies the requirement of subsection (a)(5) at the time the credit is claimed. The surviving spouse is entitled to the credit regardless of whether the property for which the credit is claimed was owned by the deceased veteran or the surviving spouse before the deceased veteran's death. (d) An individual who receives the credit provided by this section may receive any other property tax credit that the individual is entitled to by law. (e) An individual who has sold real property or a mobile home or manufactured home to another person under a contract that provides that the contract buyer is to pay the property taxes on the real property, mobile home, or manufactured home may not claim the credit provided under this section against that real property, mobile home, or manufactured home. (f) An individual wishing to claim a credit under this section must file a statement, on forms prescribed by the department of local government finance, with the county auditor and provide documentation necessary to substantiate the individual's eligibility for the credit. The statement must be completed and dated on or before January 15 of the calendar year in which the property taxes are first due and payable. The statement may be filed in person or by mail. If mailed, the mailing must be postmarked on or before the last day for filing. An individual who remains eligible for the credit in the following year is not required to file a statement to apply for the credit in the following year. However, an individual who receives a credit under this section in a particular year and who becomes ineligible for the credit in the following year shall notify the auditor of the county in which the homestead is located of the individual's ineligibility not later than sixty (60) days after the individual becomes ineligible. (g) This subsection applies only for taxes assessed in 2026 and due and payable in 2027. For all taxpayers that received a deduction under IC 6-1.1-12-14 before the enactment of HEA 1210-2026, notwithstanding any other provision, the county auditor shall not apply the deduction under IC 6-1.1-12-14 and shall instead apply the local property tax credit under this section. As added by P.L.157-2026, SEC.96.

Ind. Code § 6-1.1-51.3-6 Credit for certain veterans with partial disability; limitations; surviving spouse

Sec. 6. (a) An individual is entitled to a credit against local property taxes imposed on the individual's real property, mobile home, or manufactured home within the county, if: (1) the individual served in the military or naval forces of the United States during any of its wars; (2) the individual received an honorable discharge; (3) the individual has a disability with a service connected disability of ten percent (10%) or more; (4) the individual's disability is evidenced by: (A) a pension certificate, an award of compensation, or a disability compensation check issued by the United States Department of Veterans Affairs; or (B) a certificate of eligibility issued to the individual by the Indiana department of veterans' affairs after the Indiana department of veterans' affairs has determined that the individual's disability qualifies the individual to receive a credit under this section; and (5) the individual: (A) owns the real property, mobile home, or manufactured home; or (B) is buying the real property, mobile home, or manufactured home under contract; on the date the credit is claimed, and in the case of clause (B), the contract or a memorandum of the contract is recorded in the county recorder's office. (b) The amount of the credit is equal to three hundred fifty dollars ($350). (c) The surviving spouse of an individual may receive the credit provided by this section if the individual satisfied the requirements of subsection (a)(1) through (a)(4) at the time of death and the surviving spouse satisfies the requirement of subsection (a)(5) at the time the credit is claimed. The surviving spouse is entitled to the credit regardless of whether the property for which the credit is claimed was owned by the deceased veteran or the surviving spouse before the deceased veteran's death. (d) An individual who receives the credit provided by this section may receive any other property tax credit that the individual is entitled to by law. (e) An individual who has sold real property or a mobile home or manufactured home to another person under a contract that provides that the contract buyer is to pay the property taxes on the real property, mobile home, or manufactured home may not claim the credit provided under this section against that real property, mobile home, or manufactured home. (f) An individual wishing to claim a credit under this section must file a statement, on forms prescribed by the department of local government finance, with the county auditor and provide documentation necessary to substantiate the individual's eligibility for the credit. The statement must be completed and dated on or before January 15 of the calendar year in which the property taxes are first due and payable. The statement may be filed in person or by mail. If mailed, the mailing must be postmarked on or before the last day for filing. An individual who remains eligible for the credit in the following year is not required to file a statement to apply for the credit in the following year. However, an individual who receives a credit under this section in a particular year and who becomes ineligible for the credit in the following year shall notify the auditor of the county in which the homestead is located of the individual's ineligibility not later than sixty (60) days after the individual becomes ineligible. As added by P.L.157-2026, SEC.97.

Ind. Code § 6-1.1-51.3-7 Trust eligibility for certain credits; requirements

Sec. 7. A trust is entitled to a credit under section 1, 2, 5, or 6 of this chapter for real property owned by the trust and occupied by an individual if the county auditor determines that the individual: (1) upon verification in the body of the deed or otherwise, has either: (A) a beneficial interest in the trust; or (B) the right to occupy the real property rent free under the terms of a qualified personal residence trust created by the individual under United States Treasury Regulation 25.2702-5(c)(2); and (2) otherwise qualifies for the credit. As added by P.L.157-2026, SEC.98.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/6Fetched: 10/17/2026