Indiana Administrative Code
Title 50 - DEPARTMENT OF LOCAL GOVERNMENT FINANCE
Article 22 - INVESTMENT DEDUCTION
Rule 7 - Claiming the Investment Deduction
Section 7-1 - Procedure for claiming the investment deduction on real property
Universal Citation: 50 IN Admin Code 7-1
Current through September 18, 2024
Authority: IC 6-1.1-12.4-13
Affected: IC 6-1.1-4-22; IC 6-1.1-12.4-2
Sec. 1.
(a) A property owner must claim the real property investment deduction for all eligible years by completing a notice on Form RPID-1 for the first year the investment deduction is claimed.
(b) Form RPID-1 is available:
(1) from the county assessor; and
(2) on the department's Web site at
www.in.gov/dlgf/.
(c) The completed Form RPID-1 is to be filed with the township assessor of the township in which the property is located. The completed Form RPID-1 must be filed:
(1) by May 10 of each year; or
(2) within thirty (30) days of receipt of a
notice of new assessment or reassessment given under IC 6-1.1-4-22; whichever
is later.
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