Screen INABLE - Indiana's ABLE 529A Savings Plan Credit (1040)
Indiana taxpayers can claim a nonrefundable credit for contributions made to Indiana ABLE 529A accounts. The credit is computed on Schedule IN-ABLE and reported on Schedule 6/G as a Code 872 credit.
Enter the
Payer’s name
on the federal 1099QA screen to create a unit of the Indiana INABLE screen. Data entered on the federal 1099QA screen transfers to the INABLE screen. Use this screen to enter further information needed to calculate Schedule IN-ABLE.Schedule IN-ABLE reports information only from units of the INABLE screen with
IN
postal code and State use
code 24
.
