IDR Releases New State Tax Guidance: Reporting Federal Income Tax Changes to Iowa

The Iowa Department of Revenue has released new tax guidance:

• Reporting Federal Income Tax Changes to Iowa
  On June 29, 2020 Governor Reynolds signed into law House File 2641. Division V of that bill modified the procedures and requirements for reporting federal income tax changes made after July 1, 2020, to the Iowa Department of Revenue. This guidance is intended to provide a general overview of these procedures and requirements.

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