The Indiana Department of Revenue (DOR) Aug. 1 issued an information bulletin regarding the 529 savings credit for income tax purposes. The bulletin provides guidance concerning the Indiana income tax credit for contributions to the Indiana529 Savings Plan (formerly the Indiana College Choice 529 Savings Plan). The credit applies to contributions made for taxable years beginning after Dec. 31, 2006. [Ind. Dep’t of Revenue, Information Bulletin #98, 08/01/24]
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