IC 6-3.6-2-2 — "Adjusted gross income"
Chapter 2. Definitions
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Section text
Sec. 2. "Adjusted gross income" has the meaning set forth in IC 6-3-1-3.5. However: (1) except as provided in subdivision (3), in the case of a local taxpayer who is not treated as a resident local taxpayer of a county, the term includes only adjusted gross income derived from the taxpayer's principal place of business or employment; (2) in the case of a resident local taxpayer of Perry County, the term does not include adjusted gross income described in IC 6-3.6-8-7; and (3) in the case of a local taxpayer described in section 13(3) of this chapter, the term includes only that part of the individual's total income that: (A) is apportioned to Indiana under IC 6-3-2-2.7 or IC 6-3-2-3.2; and (B) is paid to the individual as compensation for services rendered in the county as a team member or race team member.
As added by P.L.243-2015, SEC.10. Amended by P.L.239-2017, SEC.14.
Source: official publisher (2026 edition)