The Indiana Department of Revenue recently announced that effective January 1, 2017, the state adjusted gross income tax rate for individuals has been reduced to 3.23% from 3.3%.
Additionally, the local income tax rate imposed by a county is now the same for residents and non-residents. Prior to January 1, 2017, non-residents working in a specific county paid a different county rate than residents. Effective January 1, 2017, both will pay the same rate.
The Department publishes a list of the rates for all counties in Indiana. Please review this list and make sure your system is updated with the new rates.
Please contact your Legacy Professionals LLP representative if you have any questions or need additional information.
Legacy News Flash 17-2
Issued 1/19/17