Form Ia-1040 - Iowa Individual Income Tax Long Form - 2008
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3Iowa Status on Federal Extenders for Tax Year 2008
April 27, 2009
Coupling with Federal Extenders
We continue to receive inquiries about whether Iowa will adopt the federal provisions for what are commonly
referred to as the federal “extenders.” The Iowa Legislature has adjourned its 2009 session. Iowa will not be
coupling with the 2008 federal law provisions related to extenders.
The federal extender provisions include:
•
Educator Expenses (Line 24; IA 1040)
•
Tuition and Fees (Line 24; IA 1040)
•
Itemized Deduction for State Sales / Use Tax Paid (Line 4; IA Schedule A)
Iowa income tax returns must be filed based upon current Iowa law. Therefore, the extenders should not be
included on Iowa returns. Taxpayers who have already filed Iowa returns and claimed one or more of the
extenders should file an Iowa amended return to exclude any items originally claimed that would not qualify
under current Iowa law. The Department made an assumption when printing the 2008 income tax booklet that
Iowa would follow the federal treatment; therefore, the information in that booklet is contrary to this updated
position.
Other Federal Changes
As a reminder, Iowa did couple with two federal income tax changes that became effective after January 1,
2008:
•
The 2008 Legislature coupled with the increased Section 179 expensing to
$250,000 for the 2008 tax year only; and
•
Iowa coupled with federal changes to the 2008 research activities credit
as it relates to calculation of the Iowa research activities credit.
Instructions / forms begin on the next page.
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