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Schedule IN529R: Recapture of Indiana's
CollegeChoice 529 Education Savings Plan CreditSchedule IN529RForm IT40/IT40PNR
State Form 53386 (R10 / 916)Enter your first and last name and spouses first
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What is schedule in-529r recapture of?
Schedule in-529R is for reporting the recapture of a previously claimed education credit or tuition and fees deduction.
Who is required to file schedule in-529r recapture of?
Taxpayers who need to repay part or all of a previously claimed education credit or tuition and fees deduction are required to file Schedule in-529R.
How to fill out schedule in-529r recapture of?
Taxpayers need to enter the necessary information about the recapture calculation on Schedule in-529R and include it with their tax return.
What is the purpose of schedule in-529r recapture of?
The purpose of Schedule in-529R is to determine the amount of education credit or tuition and fees deduction that needs to be repaid.
What information must be reported on schedule in-529r recapture of?
Taxpayers must report the amount of the recapture, the year of the original claim, and the calculation used to determine the recapture amount on Schedule in-529R.
What is the penalty for late filing of schedule in-529r recapture of?
The penalty for late filing of Schedule in-529R can vary, but taxpayers may face interest charges and additional penalties for failing to file on time.
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