Iowa allows a tax credit of up to $250 for K-12 school-related expenses such as tuition, textbook purchases, and other school-related fees. The credit is 25% of up to $1,000 of expenses per child, so $250 per child is the maximum credit. Who claims the credit in cases of divorce or any other situation where […]
Iowa Taxes: Married Filing Separately on Combined Return vs. Married Filing Separately on Separate Returns
Iowa tax law throws unique wrinkles at taxpayers when it comes to filing options for married couples.