NOTE: I wrote this post in 2013 but the information in it is still valid. —– Iowa allows a deduction for federal income taxes paid. This includes taxes withheld from your paycheck, as well as any estimated tax payments you made during the year and any additional federal taxes you might have paid when you […]
NOTE: I wrote this post in 2012, so be aware of its age. The content of the post is still accurate, as this credit is still available in Iowa, with the same rules. —– As you head out to shop for back-to-school supplies, make sure to keep your receipts because many Iowans will qualify for […]
Note: I wrote this post in 2012, so be aware of its age. The post references the Southeast Polk bus fee as “recently” happening but keep in mind this would have been in 2012. The rest of the information in the post is still accurate all these years later. —– The Southeast Polk School District […]
Iowans can deduct, in full, insurance premiums paid with after-tax money.
Married filing separately in Iowa? Remember to allocate itemized deductions properly.
NOTE: I wrote this post in 2012, so be aware of its age. However, the bones of this post are still valid. —– Residents of Iowa are taxed on their federal tax refunds. This is a primary complaint I hear from clients, especially people who have moved here from other states that don’t engage in this […]
An often overlooked charitable deduction is the deduction for mileage driven for charitable purposes. Taxpayers can take a deduction — 14 cents per mile (this amount is set by statute and is not adjusted for inflation, so it’s been 14 cents for many years) — for mileage driven in giving services to a charitable organization, […]