Administrative Rules - Available for Public Comment; Adopted & Filed
November 18, 2020
The Department of Revenue has submitted a new proposed rule to the Iowa Legislature, available for public comment through December 8, 2020. See notice for details. Additionally, proposed rules previously submitted to the Iowa Legislature and have been adopted and filed, effective December 23, 2020.
Important Upcoming IDR Tax Deadlines: Income & Franchise Tax Return
October 21, 2020
As a result of the August 10, 2020, derecho storm that affected Iowa, the Internal Revenue Service extended until December 15, 2020, certain tax-filing and tax-payment deadlines falling on or after August 10, 2020, and before December 15, 2020.
IDR Announces 2021 Interest Rates, Deductions, Income Tax Brackets
October 14, 2020
Des Moines, Iowa – The Iowa Department of Revenue has finalized individual income tax brackets and individual income tax standard deduction amounts for the 2021 tax year (applicable for taxes due in 2022) and the 2021 interest rate, which the agency charges for overdue payments.
Important Upcoming Iowa Department of Revenue Tax Deadline
September 22, 2020
Third Quarter Income Tax Estimate
The Department is reminding taxpayers that Iowa has not extended the due date for estimated income tax payments. The third quarter installment of tax year 2020 estimated income tax for taxpayers filing on a calendar year basis is due September 30, 2020.