Line
11
Step
5
Step Subject
Gross Income
Instruction Year
2017
Enter the income or loss from federal Schedule F. Include a copy with your Iowa return.
The IA 4562A (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.
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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. |