No. Indiana does not use standard or itemized deductions in arriving at your taxable income. Instead, an exemption of $1,000 is allowed for the taxpayer, spouse and each qualifying dependent claimed on your return.
An additional exemption of $1,500 is available for each qualifying dependent child that meets certain requirements as outlined in the Indiana instructions.
New for 2023, if a taxpayer is claiming a child as a dependent for the first taxable year in which the additional dependent exemption is allowable for that child, the taxpayer is permitted to claim an amount of $3,000 instead of $1,500 for one tax year. This exemption is not permitted if the child could have been claimed for the $1,500 exemption in any previous year, regardless of whether the child had been claimed.
If you or your spouse is over age 65 and/or blind, an additional $1,000 exemption is available. If you or your spouse are over age 65 and your Federal AGI is less than $40,000 ($20,000 for married filing separately), you are eligible to claim an additional $500 exemption.