|
The Department of Revenue previously submitted the following proposed rules to the Iowa Legislature. The following rules have been adopted and filed, effective January 6, 2021:
-
Adoption Tax Credit
This rule making implements statutory changes from the 2019 legislation to the adoption tax credit set forth in Iowa Code section 422.12A and provides further explanation and examples to implement such changes relating to how taxpayers are to claim the credit in tax years beginning on or after January 1, 2019.T
-
Agricultural Definitions & Rules - Silviculture, Aquaculture, Plants
This rule making reflects the 2013 addition of silviculture to Iowa Code section 423.1(5) by defining “silviculture.” It also moves an existing definition of “aquaculture” into a rule that consists of definitions and creates a single definition of “plants.” The Department made two changes from the Notice of Intended Action filing.
-
Homestead Tax Credit & Military Service Tax Exemption
This rule making defines “under honorable conditions” for purposes of the disabled veteran tax credit and the military service tax exemption, describes the application requirements for the disabled veteran tax credit, and clarifies the eligibility of a person who has received multiple discharges from service for the disabled veteran tax credit. Lastly, this rule making removes unnecessary citations and clarifies existing subrules related to eligibility.
The Department submitted the following rule to the Iowa Legislature and it has been adopted and filed, effective November 10, 2020. There is still an opportunity for public comment through December 8, 2020. See notice below for details:
-
Electronic and Paper Filings
The purpose of this rule making is to move selected language related to electronic return filings in general from Chapter 7 to Chapter 8. Chapter 8 is a more appropriate location for this information. The amendment to rule 701—8.2(17A,421) expands options for signatures on paper filings to include copies and facsimiles of signatures.
To receive notifications of resources and guidance issued by the Department, subscribe to updates by selecting the tax topics of interest.
The mission of the Iowa Department of Revenue is to serve Iowans and support state government by collecting all taxes required by law, but no more.
|
