Famous Does Indiana Have Home Rule Income Tax References. Indiana collects a state income tax at a maximum marginal tax rate of %, spread across tax brackets. If your indiana home is your primary residence, you can claim a homestead.

Indiana recognizes the federal s election and indiana s corporations are not required to pay corporate income tax to the state. There is no estate tax in indiana. Indiana home sellers need to understand how these rate limits on capital gains taxes will affect their investment.