Iowa Form Ia 1040 PDF Details

Each year, residents of Iowa navigate the process of filing their state income taxes, often starting with the Iowa IA 1040 form. This document is a comprehensive tool used for reporting individual income for both the taxpayer and, if applicable, their spouse. From basic identification and Social Security numbers to intricate financial details across various income sources, the Iowa IA 1040 form covers a wide array of information to ensure accurate tax calculation. It allows filers to declare wages, interest income, dividends, and more while also considering deductions such as IRA contributions and health insurance premiums. Exemptions based on age, blindness, or dependents are also integral to the form, impacting the final tax obligations of the resident. Additionally, it includes provisions for adjustments based on federal tax circumstances and uniquely Iowa tax credits, underscoring the state's specific tax policy nuances. Filing status plays a pivotal role in how the form is completed, offering different options for married individuals to file jointly or separately, each with implications for their tax return outcome. The form also addresses tax payments made throughout the year, potential refunds, or amounts owed, including penalties for underpayment. Completing this form accurately is critical, as it ensures compliance with state tax laws, potentially maximizes refunds, and minimizes liabilities for Iowa residents.

QuestionAnswer
Form NameIowa Form Ia 1040
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other names1241001 1040 long form iowa 2012

Form Preview Example

2012 IA 1040 Iowa Individual Income Tax Form

or fiscal year beginning __/__ 2012 and ending __/__ /__

STEP 1: Fill in all spaces. You MUST fill in your Social Security Number (SSN).

Your last name

Your first name/middle initial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Spouse’s last name

Spouse’s first name/middle initial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current mailing address (number and street, apartment, lot, or suite number) or PO Box

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

City, State, ZIP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Spouse SSN

Your SSN

 

 

E-Mail Address

 

 

 

 

 

 

STEP 2 Filing Status: Mark one box only.

 

 

 

 

 

Check this box if you or your spouse were 65 or older as of 12/31/12.

 

1

 

Single: Were you claimed as a dependent on another person’s Iowa return?

YES

NOs

Residence on 12/31/12: County No.

 

School District No.

 

 

 

 

 

 

 

 

 

 

2

 

Married filing a joint return. (Two-income families may benefit by using status 3 or 4.)

 

 

Dependent children for whom an exemption is claimed in Step 3

 

 

 

 

 

 

 

 

 

How many have health care coverage?(including Medicaid or HAWK-I)

 

 

 

 

 

 

 

 

3

 

Married filing separately on this combined return. Spouse use column B.

 

 

 

 

How many do not have health care coverage?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4

 

Married filing separate returns. Spouse’s name:

 

 

SSN:

sNet Income: $

 

5

 

Head of household with qualifying person. If qualifying person is not claimed as a dependent on this return, enter the person’s name and SSN below.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6

 

Qualifying widow(er) with dependent child.

 

Name:

 

SSN:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

STEP 3 Exemptions

 

B. Spouse (Filing Status 3 ONLY)

 

 

 

 

 

 

 

a. Personal Credit: Col. A: Enter 1 (enter 2 if filing status 2 or 5); Col. B: Enter 1 if filing status 3

s

 

 

X $ 40 = $

 

 

b. Enter 1 for each person who is 65 or older and/or 1 for each person who is blind

s

 

 

X $ 20 = $

c. Dependents: Enter 1 for each dependent

s

 

 

X $ 40 = $

 

 

d. Enter first names of dependents here: ____________________________________

 

e. TOTAL $

 

s

s s

A. You or Joint

X $ 40 = $

X $ 20 = $

X $ 40 = $

$

 

 

 

B. Spouse/Status 3

A. You or Joint

B. Spouse/Status 3

A. You or Joint

STEP 4

1.

Wages, salaries, tips, etc

1.

______________ .00

______________ .00

 

 

 

Gross

2.

Taxable interest income. If more than $1,500, complete Sch. B

2.

______________ .00

______________ .00

 

 

 

Income

3.

Ordinary dividend income. If more than $1,500, complete Sch. B

3.

______________ .00

______________ .00

 

 

 

 

4.

Alimony received

4.

______________ .00

______________ .00

 

 

 

 

5.

..............Business income/(loss) from federal Schedule C or C-EZ

5.

______________ .00

______________ .00

NOTE: Use only

 

 

6.

Capital gain/(loss) from federal Sch. D if required for federal purposes .

6.

______________ .00

______________ .00

 

 

blue or black ink,

 

 

7.

Other gains/(losses) from federal form 4797

7.

______________ .00

______________ .00

 

 

no pencils or red ink.

 

 

8.

Taxable IRA distributions

8.

______________ .00

______________ .00

 

 

 

 

 

 

9.

Taxable pensions and annuities

9.

______________ .00

______________ .00

 

 

 

 

 

 

 

 

10.

Rents, royalties, partnerships, estates, etc

10.

______________ .00

______________ .00

 

 

 

 

11.

Farm income/(loss) from federal Schedule F

11.

______________ .00

______________ .00

 

 

 

 

12.

Unemployment compensation. See instructions

12.

______________ .00

______________ .00

 

 

 

 

13.

Taxable Social Security benefits

13.

______________ .00 s ______________ .00

 

 

 

 

14.

Other income, gambling income, bonus depreciation/section 179 adjustment ...

14.

______________ .00

______________ .00

 

 

 

 

15.

GROSS INCOME. ADD lines 1-14

 

 

15. _______________ .00 s _______________ .00

STEP 5

16. Payments to an IRA, Keogh, or SEP

16.

______________ .00

______________ .00

 

 

 

Adjust-

17. Deductible part of self-employment tax

17.

______________ .00

______________ .00

 

 

 

ments

18.

Health insurance deduction

18.

______________ .00

______________ .00

 

 

 

to

 

 

 

19.

Penalty on early withdrawal of savings

19.

______________ .00

______________ .00

 

 

 

Income

 

 

 

 

 

 

 

 

 

 

 

 

 

20.

Alimony paid

20.

______________ .00

______________ .00

 

 

 

 

21.

Pension/retirement income exclusion

21.

______________ .00 s ______________ .00

 

 

 

 

22.

Moving expense deduction from federal form 3903

22.

______________ .00

______________ .00

 

 

 

 

23.

Iowa capital gain deduction; certain sales ONLY (see instructions)

23.

______________ .00 s ______________ .00

 

 

 

 

24.

Other adjustments

24.

______________ .00

______________ .00

 

 

 

 

25.

Total adjustments. ADD lines 16-24

 

 

25. _______________ .00 s _______________ .00

 

26.

NET INCOME. SUBTRACT line 25 from line 15

 

 

26. _______________ .00 s _______________ .00

STEP 6 Federal Tax Addition and Deduc- tion

27.

Federal income tax refund / overpayment received in 2012

27.

______________ .00 s ______________ .00

 

28.

Self-employment/household employment taxes

28.

______________ .00 s ______________ .00

 

29.

Addition for federal taxes. ADD lines 27 and 28

 

29.

_______________ .00

_______________ .00

30.

Total. ADD lines 26 and 29

 

30.

_______________ .00

_______________ .00

31.

Federal tax withheld

31.

______________ .00 s ______________ .00

 

32.

Federal estimated tax payments made in 2012

32.

______________ .00 s ______________ .00

 

33.

Additional federal tax paid in 2012 for 2011 and prior years

33.

______________ .00 s ______________ .00

 

34.

Deduction for federal taxes. ADD lines 31, 32, and 33

 

34.

_______________ .00

_______________ .00

35.

BALANCE. SUBTRACT line 34 from line 30. Enter here and on line 36, side 2

35.

_______________ .00 s _______________ .00

*1241001019999*

41-001a (10/11/12)

2012 IA 1040, page 2

 

B. Spouse/Status 3

A. You or Joint

B. Spouse/Status 3

A. You or Joint

STEP 7

36.

BALANCE. From side 1, line 35

 

 

 

 

 

 

 

36.

_______________ .00

_______________ .00

Taxable

 

37. Total itemized deductions from federal Schedule A

37.

______________ .00

______________ .00

}

 

 

 

Income

 

 

 

 

 

Taxpayers with bonus depreciation/section 179 must use Iowa Schedule A.

 

 

 

 

 

 

 

 

Complete lines 37-40

 

 

38. Iowa income tax if included in line 5 of federal Schedule A

38.

______________ .00

______________ .00

 

 

ONLY if you itemize.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

39. BALANCE. Subtract line 38 from line 37 or enter the

39.

______________ .00

______________ .00

 

 

 

 

 

amount of itemized deductions from the Iowa Schedule A.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

40. Other deductions

 

 

 

40.

______________ .00

______________ .00

 

 

 

 

 

 

41.

Deduction. Check one box. s Itemized. Add lines 39 and 40.

 

Standard

 

 

41.

_______________ .00 s _______________ .00

 

42.

TAXABLE INCOME. SUBTRACT line 41 from line 36

 

 

 

 

 

 

42.

_______________ .00

_______________ .00

STEP 8

43.

Tax from tables or alternate tax

43.

______________ .00 s ______________ .00

 

 

 

 

 

Tax,

44.

Iowa lump-sum tax. 25% of federal tax from form 4972

44.

______________ .00 s ______________ .00

 

 

 

 

 

Credits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

and

45.

Iowa minimum tax. Attach IA 6251

45.

______________ .00 s ______________ .00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Checkoff

46.

Total tax. ADD lines 43, 44, and 45

 

 

 

 

 

 

 

46.

_______________ .00

_______________ .00

Contribu- 47.

Total exemption credit amount(s) from Step 3, side 1

47.

______________ .00

______________ .00

 

 

 

 

 

tions

48.

Tuition and textbook credit for dependents K-12

 

48.

______________ .00 s ______________ .00

 

 

 

 

 

 

.............................

 

 

 

 

 

 

49.

Total credits. ADD lines 47 and 48

 

 

 

 

 

 

 

49.

_______________ .00

_______________ .00

 

50.

BALANCE. SUBTRACT line 49 from line 46. If less than zero, enter zero

 

 

50.

_______________ .00 s _______________ .00

 

51.

Credit for nonresident or part-year resident. Attach IA 126 and federal return

 

 

51.

_______________ .00 s _______________ .00

 

52.

BALANCE. SUBTRACT line 51 from 50. If less than or equal to zero, enter zero

 

52.

_______________ .00

_______________ .00

 

53.

Other nonrefundable Iowa credits. Attach IA 148 Tax Credits Schedule

 

 

53.

_______________ .00 s _______________ .00

 

54.

BALANCE. SUBTRACT line 53 from line 52

 

 

 

 

 

 

 

54.

_______________ .00

_______________ .00

 

55.

School district surtax/EMS surtax. Take percentage from table; multiply by line 54.

..............................................

 

55.

_______________ .00 s _______________ .00

 

56.

Total Tax. ADD lines 54 and 55

 

 

 

 

 

 

 

56.

_______________ .00 s _______________ .00

 

57.

Total tax before contributions. ADD columns A & B on line 56 and enter here

 

 

 

 

 

 

 

57.

_______________ .00

 

58.

Contributions. Contributions will reduce your refund or add to the amount you owe. Amounts must be in whole dollars.

 

 

 

 

 

 

 

 

Fish/Wildlife 58a: s

 

StateFair 58b: s

 

 

Firefighters/Veterans 58c: s

 

 

Child Abuse Prevention 58d: s

 

 

Enter total. .

58.

_______________ .00

 

59.

TOTAL TAX AND CONTRIBUTIONS. ADD lines 57 and 58

 

 

 

 

 

 

 

 

 

 

 

59.

_______________ .00

STEP 9 Credits

60.

Iowa income tax withheld

60.

______________ .00 s ______________ .00

61.

Estimated and voucher payments made for tax year 2012

61.

______________ .00 s ______________ .00

62.

Out-of-state tax credit. Attach IA 130

62.

______________ .00 s ______________ .00

63.

Motor fuel tax credit. Attach IA 4136

63.

______________ .00 s ______________ .00

64.

Check One:

Child and dependent care credit OR

 

 

 

 

s

Early childhood development credit

64.

______________ .00 s ______________ .00

65.

Iowa earned income tax credit. See Instructions

65.

______________ .00 s ______________ .00

66.

Other refundable credits. Attach IA 148 Tax Credits Schedule

66.

______________ .00 s ______________ .00

67.

TOTAL. ADD lines 60 - 66

67.

______________ .00

______________ .00

68.

TOTAL CREDITS. ADD columns A and B on line 67 and enter here

68. _______________ .00

STEP 10 Refund or Amount You Owe

69.

If line 68 is more than line 59, SUBTRACT line 59 from line 68. This is the amount you overpaid

69. s _______________ .00

70.

Amount of line 69 to be REFUNDED

...........................................................................................................................................

 

REFUND

70. s _______________ .00

 

For a faster refund file electronically. Go to www.iowa.gov/tax for details or mail return to

 

 

 

Iowa Income Tax - Refund Processing, Hoover State Office Bldg, Des Moines IA 50319-0120

 

 

71.

Amount of line 69 to be applied to your 2013 estimated tax

71. ______________ .00 s ______________ .00

 

72.

If line 68 is less than line 59, SUBTRACT line 68 from line 59. This is the AMOUNT OF TAX YOU OWE

72. s _______________ .00

73.

Penalty for underpayment of estimated tax from IA 2210 or IA 2210F s

Check if annualized income method is used

73. s _______________ .00

74.

Penalty and interest

74a. Penalty ______________ .00 s 74b. Interest _______________

.00 s ADD Enter total 74. _______________ .00

75.

TOTAL AMOUNT DUE. ADD lines 72, 73, and 74, and enter here.

........................................................................

PAY THIS AMOUNT

75. s _______________ .00

 

You can pay online at www.iowa.gov/tax or pay by mail to Iowa Income Tax - Document Processing,

 

 

 

PO Box 9187, Des Moines IA 50306-9187. Make check payable to Treasurer, State of Iowa.

 

 

STEP 11 POLITICAL CHECKOFF. This checkoff does not increase the

amount of tax you owe or decrease your refund.

s SPOUSE:

$1.50 to Republican Party

$1.50 to Republican Party

$1.50 to Democratic Party sYOURSELF:

$1.50 to Democratic Party

$1.50 to Campaign Fund

$1.50 to Campaign Fund

STEP 12

PLEASE

I (We), the undersigned, declare under penalty of perjury that I (we) have examined this return, including all accompanying schedules and statements, and, to the best of my (our) knowledge and belief, it is a true, correct, and complete return. Declaration of preparer (other than taxpayer) is based on all information of which the preparer has any knowledge.

SIGN HERE

 

 

 

s

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Your Signature

Date

 

Check if Deceased

Date of

Death

 

Preparer’s Signature

Date

SIGN HERE

 

 

 

s

 

 

 

 

 

 

 

Spouse’s Signature

Date

Check if Deceased

Date of

Death

 

Preparer’s PTIN

Firm’s FEIN

 

 

 

 

 

 

 

 

 

*1241001029999*

 

Daytime Telephone Number

 

 

 

Daytime Telephone Number

This return is due April 30, 2013. Please sign, enclose W-2s, and verify SSNs.

 

 

 

MAILING ADDRESSES: See lines 70 and 75 above.

41-001b (09/24/12)