Iowa State Income TaxesThe Iowa state income tax return is due on April 30th of the following year, which allows you and extra 15 days more than most states.
This page:
• Lists basic Iowa state tax information
• Links to the major Iowa income tax forms
• Shows you how you can save time and money by e-filing
Iowa state taxes at a glance:Tax Rate Range: Low - 0.36%; High - 8.98%
Income Brackets: Lowest - $1,269; Highest - $57,106
Number of Brackets: 9
Personal Exemptions*: Single - $40; Married - $80; Dependents - $40; Seniors - $20
Standard Deduction: Single - $1,330; Married filing Jointly - $3,270
Medical/Dental Deduction: Federal amount
Federal Income Tax Deduction: Full
Filing your Iowa state income tax returnYou must file an Iowa income tax return if you were a resident, part-year resident or nonresident of Iowa during the tax year and meet any of the following requirements.
• Your net income was more than $9,000 for single filers.
• Your net income was more than $13,500 for all others.
• Your net income from all sources was $5,000 as a dependent.
• You were in the military but Iowa is your legal residence.
• You were a nonresident with income from Iowa of $1,000+.
As for tax credit, Iowa taxpayers may be eligible for a credit for amounts paid for tuition and textbooks for a dependent. The credit is 25% of the first $1,000 paid for each dependent for tuition and textbooks.
Iowa also offers a child and dependent care credit for taxpayers with a net income of less than $40,000.
Finally, Iowa has an earned income credit of 6.5% of the Federal earned income credit that you claimed on your Federal return. Also, the Alternate Tax Computation may benefit some low-income taxpayers by reducing the amount of tax they owe. If your net income is greater than $13,500 and you are not using the single filing status, you may owe less tax by using the Alternate Tax Computation.
Retirement income in Iowa is taxable in Iowa, regardless of whether the source is from a different state or now. However, you may be eligible to exclude from Iowa income tax a portion of the retirement income that is taxable on your Federal return.
Sidebar
You can work on your Iowa tax return online while filing your federal return (you can work on it for free, and pay nothing until you are ready to file).
Note: if you are filing more than one state return, you must file a paper return for each additional state, as TurboTax for The Web only allows one state prep.
Iowa income tax formsThe main Iowa tax forms are:
Form IA-1040 | 2006 Iowa Individual Income Tax Return| Instructions
IA 1040A | Short Iowa State Income Tax Return | Instructions
Schedule A and B | Tax Deductions
IA 1040 Tax tables | Tax Tables
If you need Iowa income tax forms that are not listed here, you can download them from the Iowa tax forms site.
Or, just simply e-file!
Additional IA state taxes helpIf you need help with your federal tax return, start with our basic guide to tax filing.
For additional help with filing IA income tax returns, see the official site of the Iowa Department of Revenue and Finance.
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