Taxpayer not entitled to carryover, carryback, or refund of excess credit

Ind. Code § 6-1.1-51.3-0.6
in effect
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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: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/6Fetched: 10/17/2026

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