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Iowa Taxes and Married Filing Separately: Issues 11 & 12: Filing Requirements, Federal Tax Refunds

By | May 24th, 2018|Categories: State Taxes|Tags: , |

Iowa’s taxation of married couples has quirks that can throw a taxpayer or tax preparer for a loop. For example, Iowa has 3 different filing statuses a married couple can choose from, and most deduction items are allocated pro rata between spouses who file separately.

Iowa Taxes and Married Filing Separately, Issue 8, 9 & 10: Moving Expenses, Student Loan Interest, Deductions Relating to a Dependent

By | May 16th, 2018|Categories: State Taxes|Tags: , , , |

Iowa’s taxation of married couples has quirks that can throw a taxpayer or tax preparer for a loop. This post will look at allocating moving expenses, student loan interest, and deductions relating to a dependent.

Iowa Taxes and Married Filing Separately, Issue 7: Pension Exclusion

By | May 8th, 2018|Categories: Potpourri of Tax Topics|Tags: , , |

Iowa allows an exclusion of up to $12,000 of pension/retirement account income for taxpayers age 55 and older. When taxpayers file separate tax returns, the $12,000 exclusion might need to be allocated.

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Iowa Taxes and Married Filing Separately, Issue 6: Health Insurance Deduction

By | April 25th, 2018|Categories: Potpourri of Tax Topics|Tags: , , |

Iowa allows a deduction in full for health insurance premiums paid with after-tax dollars. This deductions is available to everyone, even those who don't itemize. Here's how this deduction works for people filing as married filing separately.

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Iowa Taxes and Married Filing Separately Issues 1, 2 and 3: Items of Income, And Other Basics

By | March 21st, 2018|Categories: State Taxes|Tags: , |

Iowa taxes get quirky when married couples file separate tax returns. Today’s post will focus on a couple of filing basics when filing separately, as well as how to account for basic things such as W-2 income.

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