State Form 54259 Schedule IN-2058SP Nonresident Military Spouse Earned Income Deduction - Indiana

What Is State Form 54259 Schedule IN-2058SP?

This is a legal form that was released by the Indiana Department of Revenue - a government authority operating within Indiana. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 54259?
A: Form 54259 is the Schedule IN-2058SP Nonresident Military Spouse Earned Income Deduction for Indiana.

Q: Who is eligible for the Nonresident Military Spouse Earned Income Deduction in Indiana?
A: Nonresident military spouses who have earned income in Indiana may be eligible for this deduction.

Q: What is the purpose of the Nonresident Military Spouse Earned Income Deduction?
A: The purpose of this deduction is to provide tax relief to nonresident military spouses who earn income in Indiana.

Q: How do I claim the Nonresident Military Spouse Earned Income Deduction?
A: You can claim this deduction by filing Form 54259 Schedule IN-2058SP with your Indiana state tax return.

Q: Is there a deadline for claiming this deduction?
A: Yes, you must claim this deduction within three years from the due date of the original tax return or within three years from the date the tax was paid, whichever is later.

Q: Is there a limit to the amount of the deduction?
A: Yes, the maximum deduction amount is $5,000.

Q: Are there any other requirements to be eligible for this deduction?
A: Yes, you must have a valid federal filing status of married filing jointly and meet certain residency and income requirements.