Article: 50354

Overview

Use this screen to enter contributions made to qualifying Indiana colleges or universities. Taxpayers may be eligible for a credit based on contributions to these institutions under Indiana Code.

Entry Fields

• Whose form is this? – Select whether the credit applies to the Taxpayer, Spouse, or is filed Jointly.
• For each of up to five institutions, enter the following:
  •  College code – Select the code for the Indiana college or university to which the contribution was made.
  •  Amount – Enter the total contribution amount made to that institution.
  •  Date of contribution – Enter the date the contribution was made.

This credit is calculated based on the total amount donated and is subject to state-level limitations and eligibility requirements.

How to Add This Screen

1. Click on the State Taxes section on the left-hand side of the screen.
2. Click the link “I’d like to see the forms I’ve filled out or search for a form.”
3. Use the drop list to select Indiana.
4. Under the Credits tab, select IN – CC40 – Indiana College Contribution Credit.
5. Complete the IN-CC40 screen.
6. Click Save.

Further Information

For more information about Indiana’s College Contribution Credit and eligible institutions, visit the Indiana Department of Revenue’s individual tax information page:
https://www.in.gov/dor/i-am-a/individual/