5(a)), the lesser of:(1) the amount of rent paid by the individual with respect to the dwelling during the taxable year; or(2) three thousand dollars ($3,000).(b) Notwithstanding subsection (a):(1) a married couple filing a joint return for a particular taxable year may not claim a deduction under this section of more than three thousand dollars ($3,000); and(2) a married individual filing a separate return for a particular taxable year may not claim a deduction under this section of more than one thousand five hundred dollars ($1,500).(c) The deduction provided by this section does not apply to an individual who rents a dwelling that is exempt from Indiana property tax.(d) For purposes of this section, a 'dwelling' includes a single family dwelling and unit of a multi-family dwelling.As added by Acts 1979, P.L.70, SEC.1. Amended by P.L.14-1999, SEC.1; P.L.192-2002(ss), SEC.77; P.L.146-2008, SEC.318; P.L.146-2020, SEC.23.
Indiana Legal Code