Iowa

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Can You File Separately in Iowa if One Spouse Has No Income?

By | September 19th, 2018|Categories: State Taxes|Tags: , |

Someone asked me recently if a married couple could file separate Iowa tax returns even if one spouse has no income. The answer is yes, but the only reason you'd want to do this would be to keep tax liabilities separate, because the ending tax liability would be the same under any of the filing statuses.

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Iowa Low-Income Exemption and Adjustments to Income

By | September 12th, 2018|Categories: State Taxes|Tags: , |

This post will focus on the "low-income exemption" on Iowa tax returns, and how various adjustments to Iowa income play into the exemption calculation.

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Why Does Iowa Tax My Federal Tax Refund?

By | August 29th, 2018|Categories: State Taxes|Tags: , |

While it's annoying, it's not "double taxation," and there is a logical explanation for why Iowa makes you claim federal refunds as taxable income.

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What are “Step 4 Reportable Social Security Benefits” On the Iowa Tax Return?

By | August 22nd, 2018|Categories: State Taxes|Tags: , |

Iowa does not tax Social Security benefits. However, those benefits ARE included in several calculations. To find out how Social Security affects those calculations, you have to calculate your "reportable" Social Security benefits in Iowa.

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Can an Iowan Claim a 529 Deduction for Contributions Into Another State’s 529 Plan?

By | August 1st, 2018|Categories: State Taxes|Tags: , , |

Can a taxpayer claim a deduction in Iowa for contributions made to another state's 529 plan? The short answer is no.

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