State Taxes

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Basics of the Iowa Pension Exclusion, Part 1

By | November 15th, 2017|Categories: State Taxes|Tags: , |

Iowa allows taxpayers to exclude some or all of their retirement income under certain circumstances. Here are the basics of how the Iowa pension exclusion works.

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Deducting Long-Term Care Premiums on an Iowa Tax Return

By | November 1st, 2017|Categories: State Taxes|Tags: , |

Long-term care premiums are deductible in full on the Iowa tax return, NOT subject to the federal limitations.

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Basics of the Iowa Form 130

By | October 4th, 2017|Categories: State Taxes|Tags: , |

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.

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Are Dental Insurance Premiums Deductible in Iowa?

By | July 26th, 2017|Categories: State Taxes|Tags: , , |

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.

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Iowa Deduction for Charitable Mileage

By | June 5th, 2017|Categories: State Taxes|Tags: , , , |

Image courtesy of user Maialisa on Pixabay.com 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 [...]

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