Instructions For Form Ia 1040 - Iowa Individual Income Tax Form

2013 Iowa Income Tax Information

    

Additional Expanded Instructions are available online at

FILE ELECTRONICALLY FOR A FASTER REFUND

An Illinois resident working for wages or salaries in Iowa should complete

Due date: Iowa income tax returns are due April 30, 2014.

and file the IA 44-016 “Employee’s Statement of Nonresidence in Iowa”

Farmers and commercial fishers: If at least 2/3 of your income is

with the employer so that the employer will withhold Illinois income tax.

from farming or commercial fishing, you may avoid penalty for underpayment

Iowa will tax any Iowa-source income received by an Illinois resident

of estimated tax in one of the following ways: (1) Pay the estimated tax in

that is not from wages or salaries. Illinois will tax any Illinois-source

one payment on or before January 15, 2014, and file the Iowa income tax

income received by an Iowa resident that is not from wages or salaries.

return by April 30, 2014, or (2) file the Iowa income tax return and pay

Examples: gambling winnings and unemployment compensation.

the tax due in full on or before March 3, 2014.

Who must file?: You must file an Iowa return if you were a resident or

If Illinois income tax has been mistakenly withheld from the wages

or salary of an Iowa resident, the Iowa resident must file an Illinois

part-year resident of Iowa in 2013 and meet any of the following

income tax return to get a refund.

requirements. Nonresidents, see items f. and g.

Illinois residents who had Iowa income tax withheld in error from their

NOTE: In meeting the filing requirements below, both incomes of husband

wages and have no other Iowa-source income must file an Iowa income

and wife must be included, and any pension/retirement income exclusion

tax return requesting a refund. They should complete Steps 1, 2, and 3

(line 21 of the IA 1040) and any Social Security Phase-out amount from

of the IA 1040, show “0” on line 1 of Step 4, line 26 of Step 5, and

line 12 of the Social Security Worksheet (page 2) must be added back.

line 53 of Step 8, write “Illinois resident tax withheld in error” on the face

a. You had a net income (line 26 of the IA 1040) of more than $9,000

of the return. On the back of the IA 1040 on lines 65, 67, 68, 69, and 70,

and your filing status is single. ($24,000 if 65 or older on 12/31/13)

enter the Iowa tax withheld, sign the return, and include copies of W-2s

b. You had a net income (line 26 of the IA 1040) of more than $13,500

with the return. Copies of federal and Illinois returns must be enclosed.

and your filing status is other than single. ($32,000 if you or your

Extension requests: Iowa does not have an extension form to obtain

spouse is 65 or older on 12/31/13)

additional time to file. To avoid the late-filing penalty, at least 90% of your

c. You were claimed as a dependent on another person’s Iowa return

total tax liability must be paid by April 30, 2014; you will automatically have

and had a net income (line 26 of the IA 1040) of $5,000 or more.

until October 31, 2014, to file your return. You may, however, owe a 2210

d. You were in the military service with Iowa shown as your legal

penalty for failure to make estimate payments. You will owe interest on

residence even though stationed outside of Iowa.

any tax due after April 30, 2014. If you need to make a tax payment to

e. You were subject to Iowa lump-sum tax.

meet the 90% requirement, see payment options on the back cover of this

booklet.

f. You were a nonresident or part-year resident and your net income

from Iowa sources (line 26 of the IA 126) was $1,000 or more, unless

Military personnel: Information is available on the Department’s website

below the income thresholds above.

in the 2013 Expanded Instructions.

g. You were a nonresident or part-year resident and subject to Iowa

Injured spouse: The federal “injured spouse” form is not recognized

lump-sum tax or Iowa minimum tax (even if line 26 of IA 126 is less

by the State of Iowa when using filing status 2 or 3. If your spouse’s refund

than $1,000).

will be used to pay a federal, state, county, or city debt, we suggest each

Nonresidents and part-year residents: If you are a nonresident or

spouse file an IA 1040, filing status 4 to prevent your refund from being

applied to your spouse’s debt.

a part-year resident with income from Iowa sources, you must complete

both the IA 1040 and the IA 126. See instructions, page 8.

Federal return: Including a copy of your federal return with your Iowa

return may help processing your Iowa return.

Iowa and Illinois reciprocal agreement: Any wages or salaries

earned by an Iowa resident working in Illinois are taxable only to Iowa and

Consumer’s Use Tax: If you purchased products for use in Iowa from

not to Illinois. Any wages or salaries earned by an Illinois resident working

a business located outside Iowa and the seller does not charge you Iowa

in Iowa are taxable only to Illinois and not to Iowa.

sales tax, you may owe 6% consumer’s use tax on the purchase. This

includes items purchased from catalogs and the Internet. See 2013

An Iowa resident working for wages or salary in Illinois should complete

Expanded Instructions on the Department’s website or on the back cover

and file Illinois form IL-W-5-NR “Employee’s Statement of Nonresidence

in Illinois” with the employer so that the employer will withhold Iowa income

of the IA 1040 booklet for more information on paying consumer’s use tax.

tax.

NEW FOR 2013:

The IA1040A, Iowa Individual Income Tax Short Form, is no longer available. All Iowa individual income tax filers must use form IA1040. At the time of

printing, Iowa has not adopted federal Internal Revenue Code changes regarding the determination of income that occurred after January 2, 2013.

Line 14: Iowa has not coupled with the 50% bonus depreciation provisions for assets acquired in 2013. The section 179 limit for Iowa for 2013 is

$500,000, which is the same as the federal section 179 limit.

Line 23: A capital gain deduction worksheet is available on the Department’s website under “individual income tax forms” which can be included with any

return claiming the Iowa capital gains deduction.

Line 32: Federal tax includes the tax on net investment income under Section 1411(a) of the Internal Revenue Code.

Line 45: A volunteer firefighter and volunteer emergency medical services personnel tax credit of up to $50 is available.

Line 50: A custom farming contract tax credit can be awarded to landowners who hire a beginning farmer to do custom farm work. See the 2013

Expanded Instructions for more details on this credit.

Line 60: The Iowa earned income tax credit is 14% of the federal earned income tax credit.

Line 64: A taxpayers trust fund tax credit of $54 is available for each taxpayer who files a 2013 Iowa 1040 return by October 31, 2014. The credit is

limited to the lesser of the amount shown on line 63 or $54.

Schedule A: All taxpayers choosing to itemize deductions must complete the IA Schedule A. There is a limitation on the amount of itemized deductions

that can be claimed for certain high-income taxpayers. The calculation is done on the Iowa Itemized Deductions Worksheet, form IA104.

41-002a (11/18/13)

Instructions For Form Ia 1040 - Iowa Individual Income Tax Form - 2013

Related Articles

Related forms

Related Categories