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Some school districts (either traditional or earned income tax base; reported on separate state form SD-100). RITA (Regional Income Tax Agency). [37] Most cities and villages (more than 600 [38] out of 931) on earned income and rental income. Some municipalities require all residents over a certain age to file, while others require residents to ...
It can take up to a week after filing your return electronically for tracking information to appear on the state's tool. Iowans can also get information by calling 1-800-367-3388.
Iowa's income tax season officially begins the same day as federal return processing: Jan. 29, 2024. But, Iowans do have more time to file their state returns compared to their federal returns.
The state of Iowa is lowering the tax rate after the legislature passed a law to drop it to a flat tax of 3.9% by 2026. Additional tax cuts are being considered this legislative session.
The bill, Senate File 295, [54] provided for the state's largest tax cut in history, including an estimated $4.4 billion in property tax reform [55] and an estimated $90 million of annual income tax relief, in part in the form of an increase in the earned income tax credit. [56] The bill also included significant reforms to education and health ...
Reynolds's proposed restructuring of the state tax code would represent a further reduction in income taxes, going beyond 2018 legislation (passed by Republicans in the state legislature and signed into law by Reynolds) that was the largest income tax cut in Iowa history. [19]
Iowa's top income tax rate this year is 5.7%. The state was already transitioning to a 3.9% flat tax by 2026 under a law Reynolds signed two years ago. The new law speeds up that process and ...
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