Individual Income Tax

Tax Credits, Deductions & Exemptions Guidance

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.

Tax Credits, Deductions & Exemptions Guidance

Individual Income Tax

Earned Income Tax Credit (EITC)

Federal conformity provision for tax year 2018, allowing the same Earned Income Tax Credit (EITC) calculation at the state level that's allowed at the federal.

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

GILTI & FDII

For tax years beginning on or after January 1, 2019 and before January 1, 2020, Iowa conforms with the federal Internal Revenue Code in effect on March 24, 2018

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