Indiana employs a flat income tax system with a single rate of 3.15% for 2024, which can significantly impact your net income. While simpler than some other states' graduated systems, Indiana's tax code includes various deductions and credits that affect your paycheck.
This rate applies to residents on all sources of income and to non-residents on Indiana-sourced income. The state allows for certain deductions and credits that can affect your taxable income.
Input your paycheck details and see how much you make after taxes and deductions.
Find out how much your bonus will be taxed.
Find out how much your gross pay should be for a specific take-home pay.
Compare your take home pay in different hourly scenarios.
Compare your take home pay in different salary scenarios.
See how increasing your 401k contributions will affect your paycheck and your retirement savings.
Determine your take home from tips after taxes
Calculate the impact of life events on your paycheck.
Understanding these aspects of Indiana's tax landscape is crucial for accurately estimating your net income and managing your finances effectively in the Hoosier State. While the flat state tax rate makes basic calculations straightforward, it's important to consider local taxes and available deductions and credits that can impact your overall tax liability.
Visit the Indiana Payroll Guide page
Famous for the Indianapolis 500, Indiana has a strong automotive and agricultural industry. The state has deep basketball roots, with a rich tradition in both high school and college sports. It’s also a leading corn producer.