The Iowa Taxpayers Trust Fund Tax Credit

By | February 19th, 2014|Categories: State Taxes|Tags: , , , |

Something new on Iowa tax returns this year is the "Taxpayers Trust Fund Tax Credit." This credit is $54 for a single taxpayer or $108 total for a married couple. The credit is claimed on Line 64 of the Iowa Form 1040. It's pretty straightforward, but there are a few quirks: To claim the credit, you [...]