IC 6-1.1-51.3-0.6 — Taxpayer not entitled to carryover, carryback, or refund of excess credit
Chapter 51.3. Local Property Tax Credits
Bills adding this section
Section text
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.
Source: official publisher (2026 edition)