1040-IN: Hoosier lottery winnings deduction

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Indiana restricts the deduction for Hoosier Lottery winnings on the current year return to annuity payments from Hoosier Lottery drawings held prior to July 1, 2002. The entire Gross winnings from federal Screen W2G Box 1 are included in the calculation of the deduction based on state postal code IN, State use code 3, and Date won prior to 7/1/2002 on federal Screen W2G. Use Screen INAdj to force the deduction amount to report on Schedule 2 or Schedule C.

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