Form 130 is an Iowa income tax form used by taxpayers who live in Iowa and who had income taxed by another state.
For years, I have told my clients that they couldn't take the Iowa Tuition & Textbook Credit if they sent their kids to a private religious school. Iowa law states that the credit can not be taken for tuition expenses related to the teaching of religious doctrines. A client challenged me on this, and I now see that I was wrong.
The Iowa tuition and textbook credit is a tax credit available on Iowa tax returns for qualifying expenses paid for K-12 education of a taxpayers' dependents. Almost any expense counts toward the credit. I went into more detail in this blog post from 2013. I generally tell people that only expenses paid to a public school, [...]
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.