FAQs - Details

My existing business qualifies for the under $80,000 exemption. What forms need to be filed?

Effective for the January 1, 2023, assessment date, per IC 6-1.1-3-7.2, if the taxpayer filed a 2022 return, claimed the under $80,000 and qualifies for the exemption, a return does not need to be filed. Exception: If the taxpayer no longer qualifies for the exemption, a return must be filed