Basics of the Iowa Form 130
This blog post is about the Iowa Form 130, which Iowa residents use to claim a credit on their Iowa tax return for taxes paid to another state.
Are Dental Insurance Premiums Deductible in Iowa?
Iowa allows a deduction in full for health insurance premiums paid with after-tax dollars. This sometimes creates questions about what exactly counts as a “health insurance premium.” For example, does dental insurance count? The short answer is, yes.
Iowa Deduction for Charitable Mileage
Iowa allows taxpayers to take an extra itemized deduction for charitable mileage. Here’s how it works. Background On federal tax returns, taxpayers who itemize deductions can take a deduction for mileage driven for charitable purposes. The deduction is equal to 14 cents per mile. (Note: this amount is hard-coded into the law by Congress and […]
Iowa Department of Revenue: Painfully Slow on Everything
Tax refunds are not the only thing the Iowa Department of Revenue is being slow with.
Basics of the Iowa Pension Exclusion, Part 2
When married taxpayers file separate tax returns, the $12,000 pension exclusion might need to be allocated.
Basics of the Iowa Pension Exclusion, Part 1
Tax law in Iowa allows some people who are receiving retirement benefits to avoid taxation on some or all of those benefits. Here’s an overview.
Is Tuition for Christian Schools Deductible in Iowa?
Short answer: the tuition is not “deductible,” but some of the tuition might qualify for the Iowa “Tuition and Textbook Credit.”
Can an Iowa Tax Return be Amended from Joint to Separate Filing Status?
Unlike with federal tax returns, taxpayers can indeed amend an Iowa return to separate filing status after filing the original Iowa return jointly.
Why Does Iowa Make You Add Federal Self-Employment Tax to Income?
On the Iowa 1040, taxpayers are required to add federal self-employment tax for the current year into income for Iowa purposes. Why does Iowa require this?
Iowa Tuition and Textbook Credit: Dealing with Private School Expenses
Iowa offers a tax credit called the “tuition and textbook credit” for expenses relating to dependents who are in grades K-12. What about if you send your kids to a private school that teaches religious doctrines?