- Line: 2
- Step: 4
- Step Subject: Taxable Income
- Instruction Year: 2024
Enter your federal taxable income as reported on federal 1040, line 15. If the amount of federal taxable income is zero, subtract the amount reported on IA 1040, lines 1d and 1e, from the amount reported on IA 1040, line 1c and report this amount (this amount can be negative).
If you were not required to file a federal return you must enter on line 2 the amount that would have been reported on federal 1040, line 15, if a return was required to be filed. If the amount of federal taxable income would have been zero, subtract the amount reported on IA 1040, lines 1d and 1e, from the amount reported on IA 1040, line 1c and report this amount (this amount can be negative).