Federal Bonus Depreciation / Section 179

Instruction Year
2020

Bonus Depreciation

Bonus depreciation is not available for Iowa tax purposes. See IA 4562A&B for required adjustments.

Section 179

For tax years beginning on or after January 1, 2020, the IRC section 179 limitations and phase-out threshold for Iowa purposes are the same as federal. See IA 4562A&B for required adjustments.

Source URL: https://tax.iowa.gov/expanded-instructions/federal-bonus-depreciation-section-179-2020