Page updated: February 6, 2025
During the 2023 legislative session, Senate Enrolled Act 2: Taxation of Pass-Through Entities (SEA 2) enacted a pass-through entity tax for Indiana and was signed
into law by Gov. Holcomb with a retroactive date of Jan. 1, 2022. The bill was fast tracked through the Statehouse to allow CPAs, already midway into tax season, as much time as possible to assist clients during tax season, while allowing taxpayers
the greatest opportunity to benefit from the work around.
The INCPAS advocacy team continues to work with elected officials and multiple stakeholders to ensure clear guidance and ongoing implementation.