Skip to main content
February 18, 2025
Question

What is income apportionment as a race car team member in indiana?

  • February 18, 2025
  • 1 reply
  • 0 views
No text available

    1 reply

    February 18, 2025

    Income apportionment as a race car team member in IN is the percent of bonus income you earn as a race car team member in IN versus other states.  

     

    If you were a race car team member and received a bonus, then you will need to count the number of days that you were in IN and the total number of days that you worked as part of a race car team.  You will then divide the total number of days in IN by the total number of days everywhere and multiply that to your bonus.

     

    Ex.  You received a $10,000 bonus.  Your IN days were 32 and your total days were 96.  

    32/96=.333

    .333x10,000= $3,333.33 

     

    So in this example $3,333 is taxable to IN. 

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"