State Taxes

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Glossary: Iowa Form 126

By | February 29th, 2016|Categories: State Taxes|Tags: , |

Iowa Form 126 is an Iowa income tax form used by non-residents and part-year residents to allocate income between Iowa sources and non-Iowa sources.

How is the Iowa Trust Fund Tax Credit Calculated?

By | February 19th, 2016|Categories: State Taxes|Tags: , , , |

The Iowa Trust Fund Tax Credit is a non-refundable Iowa tax credit that first appeared on 2013 tax returns. This post delves into how the state determines how big the credit is from year to year.

The Iowa Trust Fund Tax Credit is $0 for 2015

By | February 3rd, 2016|Categories: Potpourri of Tax Topics, State Taxes|Tags: , |

The Iowa Trust Fund Tax Credit, which varies from year to year, is $0 for 2015 Iowa tax returns.

What Is Iowa Alternate Tax?

By | November 9th, 2015|Categories: State Taxes|Tags: , |

What is the Iowa “alternate tax”? The short answer is, it’s an alternative tax calculation that may reduce the amount of Iowa tax owed by certain taxpayers.

Iowa Taxation of Retirement Income

By | October 12th, 2015|Categories: State Taxes|Tags: , , , , |

Iowa taxation of retirement income differs from federal tax law in several significant ways.