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Facts and figures about
taxes in Indiana
13,323
CPAs across the state
6,785,528
Residents as of 2022
335,730
People claiming self- employment tax deductions
156,830
S-Corps statewide
169,320
People taking itemized deductions
412,060
People claiming the QBI deduction
😵💫 1 Indiana CPA for every 300 residents results in high CPA rates
😓 19 million taxpayers missed the filing deadline last year
😨 30 million taxpayers miss deductions without the right tax expert
😣 Almost 1/2 of all Americans pay more tax than necessary
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How to set up an LLC in Indiana
Indiana State Income Tax Rates & Brackets for 2023
The following tables represents Indiana's income tax rates and tax brackets:
SINGLE FILER
Brackets
Rates
$0+
3.23%
MARRIED FILING JOINTLY
Brackets
Rates
$0+
3.23%
Filing Status
Standard Deduction Amt.
Single
n.a.
Couple
#VALUE!
Indiana State Sales Tax Rates for 2023
County
Tax Rate
Adams County
7%
Allen County
7%
Bartholomew County
7%
Benton County
7%
Blackford County
7%
Boone County
7%
Brown County
7%
Carroll County
7%
Cass County
7%
Clark County
7%
Clay County
7%
Clinton County
7%
Crawford County
7%
Daviess County
7%
De Kalb County
7%
Dearborn County
7%
Decatur County
7%
Delaware County
7%
Dubois County
7%
Elkhart County
7%
Fayette County
7%
Floyd County
7%
Fountain County
7%
Franklin County
7%
Fulton County
7%
Gibson County
7%
Grant County
7%
Greene County
7%
Hamilton County
7%
Hancock County
7%
Harrison County
7%
Hendricks County
7%
Henry County
7%
Howard County
7%
Huntington County
7%
Jackson County
7%
Jasper County
7%
Jay County
7%
Jefferson County
7%
Jennings County
7%
Johnson County
7%
Knox County
7%
Kosciusko County
7%
La Porte County
7%
Lagrange County
7%
Lake County
7%
Lawrence County
7%
Madison County
7%
Marion County
7%
Marshall County
7%
Martin County
7%
Miami County
7%
Monroe County
7%
Montgomery County
7%
Morgan County
7%
Newton County
7%
Noble County
7%
Ohio County
7%
Orange County
7%
Owen County
7%
Parke County
7%
Perry County
7%
Pike County
7%
Porter County
7%
Posey County
7%
Pulaski County
7%
Putnam County
7%
Randolph County
7%
Ripley County
7%
Rush County
7%
Scott County
7%
Shelby County
7%
Spencer County
7%
St. Joseph County
7%
Starke County
7%
Steuben County
7%
Sullivan County
7%
Switzerland County
7%
Tippecanoe County
7%
Tipton County
7%
Union County
7%
Vanderburgh County
7%
Vermillion County
7%
Vigo County
7%
Wabash County
7%
Warren County
7%
Warrick County
7%
Washington County
7%
Wayne County
7%
Wells County
7%
White County
7%
Whitley County
7%
Indiana State IRS Statistics of Income for 2020
Item
(All amounts are in 1000s of dollars)
Number of returns
Number of single returns
Number of joint returns
Number of head of household returns
Number of individuals
Adjusted gross income (AGI)
Total income: Number
Amount
Salaries and wages in AGI: Number
Amount
Business or profession net income (less loss): Number
Amount
Partnership/S-corp net income (less loss): Number
Amount
Self-employed health insurance deduction: Number
Amount
Student loan interest deduction: Number
Amount
Charitable contributions if took standard deduction: Number
Amount
Total itemized deductions: Number
Amount
State and local income taxes: Number
Amount
State and local general sales taxes: Number
Amount
Qualified business income deduction: Number
Amount
Child and dependent care credit: Number
Amount
Child and other dependent tax credit: Number
Amount
Self-employment tax: Number
Amount
Earned income credit: Number
Amount
Refundable education credit: Number
Amount
Recovery rebate credit: Number
Amount
Total tax liability: Number
Amount
Total additional Medicare tax: Number
Amount
Net investment income tax: Number
Amount
Tax due at time of filing: Number
Amount
Total overpayments: Number
Amount
All returns
3,337,840
1,658,450
1,193,170
409,970
6,177,450
208,082,509
3,268,060
210,322,743
2,684,330
148,213,579
435,380
5,025,429
156,830
12,570,461
65,870
520,132
234,550
180,269
859,760
222,399
169,320
6,166,602
158,470
1,927,698
9,350
18,590
412,060
3,044,361
102,480
54,290
813,250
1,852,918
335,730
970,391
518,830
1,187,762
110,940
99,560
612,670
874,815
2,320,400
24,375,324
56,140
97,468
66,240
233,610
495,600
2,779,585
2,703,460
8,771,050
Under $1
100,960
76,210
16,980
4,970
134,620
0
31,230
0
10,130
381,230
13,190
0
7,390
0
2,190
15,490
1,430
1,351
13,920
3,539
0
0
0
0
0
0
0
0
0
0
30
38
3,860
10,225
5,000
7,206
1,310
1,191
56,580
83,571
5,000
12,911
250
351
0
0
2,360
5,606
72,160
197,813
$1 under $10,000
481,570
398,540
42,610
34,020
481,810
2,332,452
481,520
2,394,404
324,780
1,639,308
53,310
135,047
4,350
0
3,200
9,350
5,040
3,741
59,880
13,920
2,830
67,448
1,370
2,442
1,110
738
890
168
0
0
200
84
41,440
26,870
126,510
150,376
11,020
9,534
114,330
173,406
53,230
30,137
20
12
0
0
23,250
10,105
372,970
496,411
$10,000 under $25,000
614,200
406,520
84,020
110,810
916,240
10,596,987
614,200
10,738,013
464,430
7,179,971
82,360
586,661
8,190
0
6,380
20,467
16,830
12,107
105,480
25,933
6,560
173,212
4,280
7,778
1,930
1,669
34,170
21,572
4,840
1,465
58,500
21,729
66,520
103,228
192,780
591,903
22,080
18,789
132,850
203,267
338,390
273,212
20
28
10
4
39,960
39,606
553,510
1,513,928
$25,000 under $50,000
816,530
454,710
170,040
163,870
1,421,830
29,824,372
816,530
30,098,549
709,420
23,758,261
82,700
713,582
15,830
42,934
9,690
42,050
60,080
42,292
176,880
44,474
16,310
439,497
14,250
32,809
1,770
2,635
78,500
108,242
23,130
12,758
237,100
318,953
59,770
138,640
185,820
433,349
22,280
18,884
115,230
161,856
647,720
1,486,357
90
103
0
0
87,270
111,835
725,750
2,083,916
$50,000 under $75,000
474,450
196,200
203,030
59,610
965,620
29,184,159
474,450
29,448,225
414,740
22,749,009
58,300
579,168
17,410
138,741
8,080
45,003
52,800
40,977
142,510
37,098
22,430
599,694
20,920
69,276
1,330
3,032
68,690
143,121
15,070
7,611
155,410
390,705
43,600
114,062
8,720
4,928
13,690
12,355
67,150
87,345
436,500
2,059,236
80
156
0
0
81,750
147,967
391,600
1,157,458
$75,000 under $100,000
306,040
68,890
210,630
20,970
745,280
26,518,523
306,040
26,747,484
270,690
20,391,125
45,300
510,961
17,220
222,138
6,430
43,540
38,490
29,720
114,340
30,477
21,950
589,180
20,980
93,087
870
2,392
58,170
156,888
16,620
9,076
120,150
366,744
34,860
99,977
0
0
12,580
11,690
48,850
54,935
297,610
2,147,078
70
90
0
0
64,560
153,841
240,920
840,328
$100,000 under $200,000
424,270
46,980
359,750
13,230
1,162,790
56,755,921
424,270
57,295,542
382,740
43,602,190
72,540
1,212,811
43,110
1,137,307
14,040
124,786
59,880
50,081
195,730
52,805
52,800
1,637,995
51,430
364,567
1,240
4,199
109,170
504,997
33,960
18,778
195,500
610,062
57,800
228,121
0
0
27,970
27,117
76,320
109,812
422,180
6,221,593
2,700
844
950
304
134,790
524,004
288,770
1,266,852
$200,000 under $500,000
98,170
8,350
87,100
2,060
285,520
27,745,295
98,170
28,149,201
88,250
18,581,309
21,650
943,615
28,980
2,730,801
10,090
127,638
0
0
44,430
12,293
33,350
1,330,159
32,550
481,382
740
2,365
47,320
631,596
7,760
4,000
46,130
144,261
20,520
154,180
0
0
0
0
1,350
623
98,110
4,727,086
38,730
28,802
45,990
45,354
49,990
592,541
47,890
495,125
$500,000 under $1,000,000
14,910
1,350
13,160
300
44,520
10,018,014
14,910
10,191,015
13,230
5,276,031
4,020
311,535
8,920
2,441,931
3,440
53,905
0
0
4,980
1,404
8,390
491,898
8,140
281,047
240
769
9,740
312,050
870
469
230
342
4,760
52,725
0
0
0
0
0
0
14,910
2,394,734
9,910
30,556
13,130
50,406
8,300
374,135
6,550
226,028
$1,000,000 or more
6,750
720
5,850
120
19,220
18,670,511
6,750
18,781,106
5,920
4,655,145
2,000
297,037
5,430
7,273,499
2,320
37,903
0
0
1,620
456
4,700
837,519
4,560
595,310
140
791
5,420
1,165,727
220
133
0
0
2,590
42,363
0
0
0
0
0
0
6,750
5,022,980
4,280
36,526
6,160
137,542
3,390
819,945
3,340
493,191
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