Individual Income Tax

Tax Professionals

Income Tax Return Preparers

Guidance regarding House file 590 relating to tax return preparers, and providing penalties.

Coronavirus/COVID-19 Tax Guidance

3-Year Carryback Period for Iowa NOLs Incurred by Individuals During the COVID-19 Pandemic

Iowa net operating losses (NOLs) are generally carried back two years. Trump's federal disaster declaration, effective 1/20/2020, the carried back is 3 years.

Corporation Income Tax

Individual Income Tax

Income Tax Benefit for Iowa Employers Who Hire Ex-Offenders

Guidance for employers regarding an additional deduction on their Iowa income tax returns for hiring ex-offenders.

Tax Credits, Deductions & Exemptions Guidance

Individual Income Tax

First-Time Homebuyers Savings Account

The first-time homebuyers savings account (FTHSA) is a special type of savings account that helps Iowans save for a first home.

Individual Income Tax

Reporting Federal Income Tax Changes to Iowa

A general overview of House File 2641, which modified the procedures and requirements for reporting federal income tax changes to the Department.

Individual Income Tax

Iowa Section 179 Expensing

Guidance regarding Senate File 220 which made the same section 179 deduction limitation applicable to all taxpayers for 201.

Individual Income Tax

Estimated Income Tax Payments

Estimated Income Tax defined and who must pay and how.

Individual Income Tax

Like-kind Exchanges of Personal Property

Guidance relating to HF 779, extending the ability to elect deferral of gain or loss on like-kind exchanges of personal property during tax year 2019

Individual Income Tax

Iowa Nonconformity: Taxpayer Certainty and Disaster Tax Relief Act of 2019

Guidance related to Public Law 116-94 and Division Q of that Act which extends several federal tax provisions, many retroactively to tax years 2018 and 2019.

Individual Income Tax