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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.
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. ...
Iowa, which also has a Republican trifecta controlling its statehouse and governor's office, is trimming its individual income tax rate to a flat rate of 3.8% starting Jan. 1, down from a top tax ...
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.
The plan, Senate Study Bill 3141, would attempt to lower Iowa's individual income tax, ... Under the bill, current income tax cuts through 2026 would be accelerated, with an additional cut in 2027 ...
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%.
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.
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.
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