Am I Able to Claim the Credit for Elderly or Disabled?

The credit is based on your filing status, age, and income. If you are married and filing a joint return, it is also based on your spouse's age and income. You may be able to take this credit if either of the following applies. 1. You were age 65 or older at the end of 2021, or 2. You were under age 65 at the end of 2021 and you meet all of the following. a. You were permanently and totally [...]

Dependent Care Tax Credit

Refundable portion of the Child Care Credit. For Maine residents and part-year residents only. Up to $500 of your Child Care Credit is refundable. Enter the amount from line 5, or line 5a, of the worksheet for Child Care Credit. Enclose worksheet. Nonrefundable portion of the Child Care Credit. Enter the amount from line 6, or line 6a, of the worksheet for Child Care Credit. Enclose worksheet. [...]

What are the Iowa Health Insurance Premium Deductions for Part-Year Residents and Nonresidents?

Health Insurance Premium Deductions Part-year residents: Self-employed. Enter 100% of the health insurance premiums paid by a self-employed individual while an Iowa resident. Deducted through wages. Enter 100% of the health insurance premiums that were not withheld from your wages on a pretax basis while an Iowa resident. Paid direct by taxpayer. Enter 100% of the health insurance premiums [...]

Do I qualify for an Iowa Pension Exclusion?

Pension/Retirement Income Exclusion: If you or your spouse receive a pension, an annuity, a self-employed retirement plan, deferred compensation, IRA distribution, or other retirement plan benefits, you may be eligible to exclude from Iowa income tax part or all of the retirement income that is taxable on your federal return. The Roth conversion income, included in net income, is eligible for [...]

Qualifying Widow(er) With Dependent Child

You may choose this status and use joint return tax rates if all five of the following apply: Your spouse died within the two years prior to the current tax year and you did not remarry before the end of the current tax year, You have a child or stepchild whom you claim as a dependent. This does not include a foster child. This child lived in your home for all of the tax year you [...]