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The Department has submitted new proposed rules to the Iowa Legislature (Order of Deduction of Tax Credits; Nonresident and Part-Year Resident Income Tax Credit; Appeals of Director’s Rejection of Assessor Appointment or Reappointment; Out-of-State Tax Credit; Assessors and Deputy Assessors—Assessment of Own Property) available for public comment through September 28, 2021. The previously submitted proposed rule (Marketable Food Products for Human Consumption) has been adopted and filed, effective October 13, 2021. See individual notices for details.

The Iowa Department of Revenue has released state tax guidance regarding 3-Year carryback for Iowa NOLs incurred by individuals during the COVID-19 pandemic.

The Iowa Department of Revenue has released updated state tax guidance regarding legislative changes to the exclusion enacted in 2021 Iowa Acts, Senate File 619.

The Iowa Department of Revenue has released updated state tax guidance following 2021 Legislative Updates including Motor Vehicle Fee for New Registration and Tax Penalties and Penalty Waivers.

The Iowa Department of Revenue has released updated state sales and use tax guidance regarding Iowa Sales and Use Tax on Manufacturing and Processing.

The Iowa Department of Revenue has released updated state tax guidance regarding Iowa Solar Energy System Tax Credits.

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.

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.