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2018 Indiana Code
TITLE 6. Taxation
ARTICLE 3.1. STATE TAX LIABILITY CREDITS
CHAPTER 14. Maternity Home Tax Credit
6-3.1-14-3. Utilization of tax credit
Universal Citation: IN Code § 6-3.1-14-3 (2018)
IC 6-3.1-14-3 Utilization of tax credit
Sec. 3. With the exception of a husband and wife, if there is more than one (1) taxpayer that owns and operates a registered maternity home, then each taxpayer may utilize the credit in proportion to the taxpayer's ownership interest in the registered maternity home. In the case of a husband and wife who own and operate a registered maternity home jointly and who file separate tax returns, they may take the credit in equal shares or one (1) of them may utilize the whole credit.
As added by P.L.117-1990, SEC.2.
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