The state of Louisiana has made the following tax law changes for tax year 2019:
Credit for Taxes Paid to Other States – The credit is limited to the amount of
taxes paid to the other state
Small Town Health Professionals – The credit is for certified primary care physicians, primary care physician assistants, dentists, optometrists, or primary care nurse practitioners
licensed to practice in certain areas of Louisiana. Taxpayers must apply to the
Louisiana Department of Health (LDH) during the application period of September 1,
2019, through October 31, 2019, and a copy of the certificate letter must be attached
to the return.
Add Back of Pass & Pass-Through Entity Exclusion
an exclusion for an individual who is a shareholder,
member, or partner of an entity that made the pass-through entity tax
School Readiness Child Care Directors and Staff –– The
credit is for eligible child care directors and eligible child care staff
Child Care Credit Carried Forward From 2014 through 2018 – The child
care tax credit for taxpayers whose federal adjusted gross income exceeds $25,000
may not be refunded and any unused credit amounts can be used over the next five
years.
Previously Unemployed & Basic Skills Training Credits
These credits were repealed by Act 202 of the 2019 Regular Legislative Session
QMC Music Job Creation Credit --provides for a credit to a Qualifying Music Company (QMC) that is a music publisher, sound recording studio, booking agent, or artist management that is engaged directly or indirectly in the production, distribution, and promotion of music.