Indiana Homeowner's Residential Property Tax Deduction
Indiana Homeowner's Residential Property Tax Deduction
Homeowner’s Residential Property Tax Deduction
You may be able to take a deduction of up to $2,500 of the Indiana property taxes (residential real estate taxes) paid on your principal place of residence. Your principal place of residence is the place where you have your true, fixed home and where you intend to return after being absent.
Note. Property tax paid for summer homes or vacation homes is not deductible.
Important. You cannot claim this deduction for property tax paid in 2021 if you are claiming the Lake County residential income tax credit on Schedule 5, line 6.
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