Home
Forms Library
State Form 21928 - Schedule It-40qec - Enterprise Zone ...

State Form 21928 - Schedule It-40qec - Enterprise Zone ... 2025

State Form 21928 - Schedule It-40qec - Enterprise Zone ... Preview on Page 1

See details

4.7 out of 5

142 votes

The document is Schedule IT-40QEC, a form from the Indiana Department of Revenue for claiming the Enterprise Zone Qualified Employee Deduction. It outlines the requirements for employees to qualify for a deduction on their state income tax based on their residency and employment in designated enterprise zones. The form must be completed by employers and submitted by employees with their tax returns to support claims for deductions on earned income.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out State Form 21928 - Schedule It-40qec - Enterprise Zone with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open it in the editor.
Begin by entering the employee's name and Social Security Number in the designated fields.
Fill in the name of the Enterprise Zone and the dates of residence within that zone.
Input the employee’s street address and city of residence accurately.
Enter the total amount of compensation earned during the period of residence in the Enterprise Zone.
Calculate and enter half of that amount or $7,500, whichever is less, in the limitation field.
Complete employer details including name, address, and Federal Employer Identification Number.
The employer must sign and date the form to certify accuracy before submission.

Start using our platform today for free to streamline your form completion process!

See more State Form 21928 - Schedule It-40qec - Enterprise Zone ... versions

We've got more versions of the State Form 21928 - Schedule It-40qec - Enterprise Zone ... form. Select the right State Form 21928 - Schedule It-40qec - Enterprise Zone ... version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2023	4.9 Satisfied (24 Votes)
2022	4.6 Satisfied (33 Votes)
2021	4.7 Satisfied (142 Votes)
2020	4.3 Satisfied (120 Votes)
2017	4 Satisfied (55 Votes)
2013	4 Satisfied (41 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is an enterprise zone?

As a policy instrument, enterprise zones are intended to stimulate economic activity in economically distressed areas. Compared with the rest of the state, these areas tend to have higher rates of unemployment, lower incomes, fewer jobs or fewer good paying jobs, and more unused land or blighted structures.

What is the Indiana reciprocal tax form?

The IT-40RNR form is the Indiana Reciprocal Nonresident Tax Return used by individuals who earn income in Indiana but live in another state.

Do enterprise zones create jobs Evidence from Californias Enterprise Zone Program?

The evidence indicates that enterprise zones do not increase employment.

What is the Indiana state tax form it-40?

IT-40 is the full-year resident individual state tax return for Indiana. IT-40PNR is the part-year or full-year nonresident individual state tax return for Indiana.