Farm Income / (Loss)
Going back will take you to instructions for the current tax year.
Enter the income or loss from federal Schedule F. Include a copy with your Iowa return.
The IA 4562A&B (pdf) may need to be completed if the taxpayer claimed the bonus depreciation / section 179 deduction on the federal return. For more information on bonus depreciation / section 179, see line 14.
Married Separate Filers:
Farm income must be reported by the spouse who claims it for self-employment tax purposes on the federal Schedule SE.
If the other spouse claims a share of the farm income, then that spouse must attach a worksheet showing how that share was determined based on capital contribution, management and control, and services rendered.