Iowa Taxes

Iowa Tax Guide

In this article, the various aspects of how tax is imposed on the residents or Iowa and the tax rates are discussed. Given below are the various categories of state tax in the state of Iowa.

Iowa Income Tax

  • There are nine slabs which determine how much tax a person has to pay.
  • These slabs are based against the amount of income earned which falls within a particular range. An example of such a range is that of a person whose annual income is between $1,429 and $2,856 (such an individual would be liable to pay 0.36%).
  • Income tax returns in Iowa are due on the 30th of April each year. If this date falls over the weekend, then Monday is considered.
  • The time of filing a return is considered as the time on the postmark if sent by post and the time of transmission if the return is filed electronically.
  • Tax forms can be downloaded from the website of the Iowa Department of Revenue.

Iowa Sales Tax

  • On the 1st of July, 2008, the sales tax in Iowa was increased from 5% to 6%.
  • There is a separate tax to be paid for purchase of goods or services from outside the state of Iowa.
  • There may be a local option category of sales tax under certain special conditions.
  • Information on sales tax can be located from the official website of the Iowa Department of Revenue.

Iowa Property Tax

  • This tax is levied on the taxable value of property which comes under the category of “real” property.
  • There are five categories of property considered which are:
    • Residential
    • Agricultural
    • Commercial
    • Industrial
    • Utilities/Railroad
  • The assessable value is 100% of the market value with certain exemptions.
  • The state of Iowa has over 2,000 tax authorities.
  • While all real properties are to be assessed every 2 years, utilities must be assessed every year.
  • All the required information about taxation in Iowa can be obtained from the official website of the Iowa Department of Revenue.

Iowa Estate and Inheritance Taxes

  • Inheritance tax ranges from 5 to 15% depending on variables such as the size of the inheritance and the relationship of the heir to the deceased person.
  • The surviving spouse is not taxed on the inheritance they receive.
  • Form IA706 is the form that needs to be completed for the purpose of filing inheritance tax.

Where to Mail FEDERAL IRS Tax Forms Within Iowa:

IRS Form If You ARE NOT Enclosing a Payment, Use This Address: If you ARE Enclosing Payment, Use This Address:
1040: Department of the Treasury
Internal Revenue Service
Fresno, CA  93888-0002
Internal Revenue Service
P.O. Box 802501
Cincinnati, OH 45280-2501
1040A: Department of the Treasury
Internal Revenue Service
Fresno, CA  93888-0015
Internal Revenue Service
P.O. Box 802501
Cincinnati, OH 45280-2501
1040EZ: Department of the Treasury
Internal Revenue Service
Fresno, CA  93888-0014
Internal Revenue Service
P.O. Box 802501
Cincinnati, OH 45280-2501

Iowa Tax Help

515-281-3114
(Des Moines or out of state)
or 1-800-367-3388
(Iowa, Rock Island,
Moline, Omaha)

Iowa Tax Refunds

1-800-572-3944 (Iowa)
515-281-4966

Iowa Tax Collections:

515-281-6944
1-866-339-7912

eFile & Pay: 515-281-8453
or 1-866-503-3453