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Prior to July 1, 2020, the Iowa Department of Revenue used gallon totals from the Iowa Fuel Tax Monthly Report to determine tax rates for motor fuel and special fuel . Beginning July 1, 2020, the Department started using gallon totals from the Iowa Retailers Fuel Gallons Annual Report, resulting in tax rate changes to select fuel types. Based on the data for the determination period beginning January 1, 2021, and ending December 31, 2021, the Biodiesel B-11 or Higher distribution percentage increased from 61.49% to 57.75% and now falls into a different fuel tax rate category. The fuel tax rate for Biodiesel B-11 or Higher will decrease from $0.304 to $0.301 effective July 1, 2022.

The Department has posted Directors Order 2022-01: Granting Extension Due to IRS Delay under Iowa Administrative Code Rule 701-49.6(2)"a".

The Iowa Department of Revenue has released new state sales and use tax guidance regarding proposed Sales and Use Tax Permit, Return Filing, and Payment Changes.

The Department has released new tax guidance to explain House File 2317, signed by Governor Kim Reynolds, as it relates to Individual Income Tax Rate.

The Department has released updated tax guidance to explain the taxability as it relates to composite returns for tax years 2022 or later.

In 2021, the Iowa legislature passed SF 619. Division 28 of that bill expanded eligibility for the property tax credit under Iowa Code chapter 425, subchapter II based on household income for claimants aged 70 years or older. In other words, claimants aged 70 years or older with higher household income are able to qualify for the property tax credit in 2022 and subsequent years. The below schedule addresses household income qualifications for 2022 property tax credit claims for claimants 70 and older. The schedule changes each year.

The Department has released updated tax guidance to explain the taxability as it relates to Remote Sellers and Solar Energy Equipment.