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April 15: Due date of filing a federal tax return or requesting an extension for most of the nation. April 30: Due date for filing Iowa state income tax return. Oct. 15: Due date for extension filers.
Iowa. Iowa, which also has a ... However, the state's sales tax will jump to 5% in 2025, up from its prior 4.45% rate, partly to pay for the income tax cut, the Tax Foundation noted. Mississippi.
Iowans have a little more time to file their state tax return. Iowa income taxes are due by Tuesday, April 30. ... The standard penalty for missing the tax deadline is 5% of any tax due for every ...
The law builds on a 2022 tax cut that was already set to take Iowa to a 3.9% flat income tax rate in 2026. Iowa's top income tax rate this year is 5.7%. Under the new law, all Iowans will pay a 3. ...
The new law will give Iowa the sixth-lowest income tax rate in the country among states that impose an income tax. Nine states have no income tax. Iowa's income tax rate is dropping to 3.8%.
Reynolds, seeking to build on three prior cuts under her administration, has proposed accelerating a series of gradual reductions to bring Iowa's rate down to a flat tax of 3.65% in 2024.
Gov. Kim Reynolds wants to lower Iowa's income tax to a flat 3.5% rate by 2025. Here's what else is in her tax plan.
Those cuts will bring Iowa's top individual income tax rate from 8.98% in 2018 to 3.8% next year, taking it from one of the highest individual income tax rates in the country to the sixth lowest.
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