· IN legislature · 2026

College savings tax credit.

Beginning in taxable year 2027, increases the credit provided for a contribution to an Indiana529 savings plan against a taxpayer's adjusted gross income from $1,500 to $2,500 (and from $750 to $1,250 in the case of a married individual filing a separate return), subject to other requirements.

Sponsor

Sheila Klinker (D-IN)

Introduced

2026-01-05

Policy area

Education

Latest action

First reading: referred to Committee on Ways and Means