Article: 50393
Use the Schedule 6 / Schedule G – Offset Credits screen to claim various Indiana state tax credits for taxes paid to other jurisdictions or for qualifying activities under Indiana’s economic development credit programs.
These credits reduce the taxpayer’s Indiana state tax liability and must be supported by documentation if claimed.
Entry Fields
- Whose form is this? – Indicate whether the credits apply to the taxpayer, spouse, or joint.
- Credit for local taxes paid outside of Indiana – Amount of local-level taxes paid outside Indiana. Override field.
- Community revitalization enhancement district credit – Override field for qualifying revitalization credits.
- Credit for taxes paid to other states – If not using the dedicated Schedule 6G worksheet, this field may be used as an override.
Other Credits
- 1st–4th other credit codes – Select from the available list of approved credit codes (see below).
- Enter the corresponding credit amount in the field to the right. All are override fields.
Credit for Local Taxes Paid Outside of Indiana (INLTP_WK)
If claiming a local tax credit specific to a non-Indiana jurisdiction:
- Tax paid to the non-Indiana locality – Enter separate amounts for taxpayer and spouse.
- Income taxed by the non-Indiana locality – Enter the related income amounts for taxpayer and spouse.
Community Revitalization Enhancement District Credit – Code 808
Use this section to report the full amount of available revitalization credit. The form allows for a breakdown and override if applicable.
Credit Codes
Common entries for “Other Credit Code” drop-downs include, but are not limited to:
- 808 – Community Revitalization Enhancement District Credit
- 812 – Historic Rehabilitation Credit
- 828 – Enterprise Zone Credit
- 832 – Industrial Recovery Credit
- 848 – Economic Development for a Growing Economy (EDGE) Credit
- 857 – School Scholarship Credit
- 868 – Teacher Summer Employment Credit
- 870 – Research Expense Credit
- 876 – Venture Capital Investment Credit
- 879 – Headquarters Relocation Credit
- 885 – Redevelopment Tax Credit
- 890 – Airport Development Zone Credit
- 895 – Hoosier Business Investment Tax Credit
- 896 – New Employer Credit
- 898 – Prison Investment Credit
- 899 – Natural Gas Commercial Vehicle Credit
- 955 – Historic Preservation Residential Credit
- 960 – College Choice 529 Credit (also appears on its own screen)
- 970 – Certified Technology Park Investment Credit
- 975 – Teacher Quality Improvement Credit
- 980 – Earn Indiana Internship Program Credit
- 995 – Biodiesel or Ethanol Production Credit
Refer to the Indiana IT-40 Booklet for full credit descriptions and eligibility requirements.
Override Fields
Fields highlighted in green are override fields. These entries replace any data flowing from other parts of the return and must be entered manually.
How to Add This Screen
- Click on the State Taxes section on the left-hand side of the screen.
- Click the link I’d like to see the forms I’ve filled out or search for a form.
- Use the drop list to select Indiana.
- Under the Credits tab, select IN – Schedule 6 / Schedule G – Offset Credits.
- Complete the screen.
- Click Save.
Further Information
For more information about Indiana’s available credits, visit the Indiana Department of Revenue’s individual tax information page:
https://www.in.gov/dor/i-am-a/individual/