Section 6-3-1-34 - "Qualified military income""Qualified military income" means the following:
(1) Wages that are paid to a member of a reserve component of the armed forces of the United States or the National Guard for the member's service in the reserve component or National Guard.(2) For a member of an active component of the armed forces of the United States one hundred percent (100%) of wages that are paid to the member for taxable years beginning in 2024 and thereafter for service in the active component.Amended by P.L. 121-2023,SEC. 1, eff. 7/1/2023.As added by P.L. 144-2007, SEC.4.