Welcome to the Iowa Department of Revenue

The Department of Revenue has submitted new proposed rules to the Iowa Legislature (Interest Expense Deduction Adjustments, Relief from Joint and Several Liability, and Marketable Food Products for Human Consumption) available for public comment through May 25, 2021. Additionally, the previously submitted proposed rules, Broadband Infrastructure Grant Exemption and Bundled Transactions, have been adopted and filed, effective June 9, 2021. See individual notices for details.

In response to 2019 (HF779) and 2020 legislation (HF2461), the Department updated its rules and forms related to powers of attorney and disclosure. ARC 5532C was published on March 24, 2021.

Governor Reynolds signed a proclamation on April 30, 2021, that provides an extension to owners of First-Time Homebuyer Savings Accounts to make required account and beneficiary designations.

The Department has submitted a new proposed rule to the Iowa Legislature, Remittances Payable to the Department, available for public comment through May 11, 2021. The previously submitted proposed rules, Geothermal Heat Pump Tax Credit and Solar Energy System Tax Credit, has been adopted and filed, effective May 26, 2021. See individual notices for details.

Des Moines, Iowa – The Iowa Department of Revenue has extended the filing and payment deadline to June 1, 2021 for 2020 individual income tax returns and first quarter estimated income tax payments for individuals from the April 30, 2021 statutory deadline.

The Iowa Department of Revenue has released updated tax guidance regarding Iowa nonconformity and the Coronavirus Aid, Relief, & Economic Security (CARES) Act of 2020.