SCorpDesk / 2026 S-Corp & QBI Guides / Indiana (IN) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
Indiana (IN) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
What are the 2026 S-Corp tax and PTET rules in Indiana?
In Indiana (IN), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553 (Form IT-20S). For the Pass-Through Entity Tax (PTET) deduction: 3.00% Indiana PTET Election. Entity-level franchise/minimum tax: $0 S-Corp Entity Franchise Tax.
In Indiana (IN), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553 (Form IT-20S). For the Pass-Through Entity Tax (PTET) deduction: 3.00% Indiana PTET Election. Entity-level franchise/minimum tax: $0 S-Corp Entity Franchise Tax.
Open Indiana 2026 S-Corp & 20% Permanent QBI Calculator
2026 Indiana (IN) S-Corporation Statutory Tax Matrix
| Indiana S-Corp Compliance Area | 2026 Statutory Rule |
|---|---|
| State S-Corp Election Recognition | Recognizes Federal Form 2553 (Form IT-20S) |
| Pass-Through Entity Tax (PTET) Election | 3.00% Indiana PTET Election |
| Annual Minimum / Franchise Tax | $0 S-Corp Entity Franchise Tax |
| Federal Section 199A QBI Deduction | Up to 23% of qualified K-1 income under Public Law 119-21 |
| Home Office & Mileage Deduction Method | Must use an IRC Section 62(c) Corporate Accountable Plan |
Frequently Asked Questions
Does Indiana require a separate state S-Corp election in 2026?
For Indiana (IN): Recognizes Federal Form 2553 (Form IT-20S).
What is the Indiana S-Corp franchise or minimum tax for 2026?
In Indiana: $0 S-Corp Entity Franchise Tax.