All income entered on your Federal return is carried to your Iowa state return. If you selected Married filing separate on a combined return as your filing status, income that is not already assigned will be split 50% to each spouse. To adjust the split, enter the amount to allocate to each spouse for the following income:
- Taxable Interest (Line 2)
- Ordinary Dividends (Line 3)
- Alimony Received (Line 4)
- Business Income (Line 5)
- Capital Gain (Loss) (Line 6)
- Other Gain (Loss) (Line 7)
- Taxable IRA Distributions (Line 8)
- Taxable Pensions and Annuities (Line 9)
- Rents, Royalties, Partnerships, Estates, Etc. (Line 10)
- Farm Income (Loss) (Line 11)
- Unemployment Compensation (Line 12)
- Pulled From Federal Section
- Gambling Winning (Line 13)
Other Income not included on Federal Return (Line 14)
- Baby-sitting income not reported on Federal return
- Capital Gain form installment sales
- College Savings IA Plan income received from cancellation
- Director's Fees
- Drilling: Intangible drilling costs reported on federal 6251
- Executor's Fees
- Iowa ABLE Savings Plan
- Amounts from discharge of student loan debt as a result of death or disability to the extent not included in federal income.
- Business interest expense limitation, due to nonconformity
- First-time homebuyers non-qualifying withdrawals to the extent previously deducted on the IA 1040
- Modifications that increased income form Partnership or S-Corp
- Refundable IA Credits received included on federal
- Refund: State refunds other than IA deducted in prior year
- Wells: Percentage depletion
- Net Premium Tax Credit
How to enter?
To make adjustments to this income, follow the steps below:
- State Section
- Edit
- Additions to Income