Indiana Business Tax Calculator
Calculate corporate income tax, franchise tax, and gross receipts tax for businesses operating in Indiana.
🗺️Why calculating in this state is different
Indiana has a flat income tax system and relatively high sales tax.
State Income Tax
3.15%
Base Sales Tax
7%
State Min Wage
$7.25 / hr
Abbreviation
IN
Indiana Business
This calculator uses the latest 2026 data for Indiana, including the minimum wage of $7.25/hr and the specific state income tax rates (3.15%).
$
State Tax Rate3.15%
📊State Details
State Income Tax
3.15%
Base Sales Tax
7%
State Min Wage
$7.25/hr
Abbreviation
IN
Net Income
$56,137.50
after taxes in Indiana
Gross Income
$75,000.00
Total Tax
$18,862.50
📈Key Metrics
Net Income
$56,137.50
after taxes
State Tax
$2,362.50
state income tax
Effective Tax Rate
25.1%
total tax burden
ℹ️Summary
Gross Income$75,000.00
Federal Tax$16,500.00
State Tax$2,362.50
Net Income$56,137.50
❓Frequently Asked Questions
What is the corporate tax rate in Indiana?
Corporate tax structures vary. In addition to potential corporate income taxes, businesses in Indiana must also consider unemployment insurance taxes, sales tax collection (7%), and local business licenses.
Do LLCs pay tax in Indiana?
LLCs are typically pass-through entities, meaning profits pass through to the owners' personal tax returns and are taxed at the personal 3.15% rate. However, Indiana may also impose an annual LLC franchise fee.
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