How is the Iowa Trust Fund Tax Credit Calculated?
The Iowa Trust Fund Tax Credit is a non-refundable Iowa tax credit that first appeared on 2013 tax returns. This post delves into how the state determines how big the credit is from year to year.
The Iowa School Tuition Organization Tax Credit
Iowa offers dozens of obscure tax credits. The one I get asked about most is the tax credit available for donations to a “school tuition organization” or STO. Here’s how the Iowa Department of Revenue defines an STO: A school tuition organization must be a charitable organization in Iowa that is exempt from federal taxation […]
Iowa Adoption Credit and Special-Needs Adoptions
The Iowa Adoption Credit is available for Iowans who adopt children. But the rules for how big the deduction is are different from the federal rules.
Iowa Adoption Credit and Deduction
Iowa now offers an adoption credit on 2014 tax returns. How does it work?