Oct 25, 2023 · Tax year 2024 Iowa income tax brackets are shown in the tables below. Iowa Code provides for two separate sets of individual income tax brackets; one set of brackets for married taxpayers filing jointly and another set for all other taxpayers.

The Income tax rates and personal allowances in Iowa are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Iowa Tax Calculator 2024 .

Dec 13, 2024 · New for 2025 – The Iowa withholding formula and the IA W-4 have been revised for tax year 2025 to accommodate changes to individual income tax required under Iowa Senate File 2442. Enacted in May, 2024, this law establishes a 3.80 percent flat tax rate on Iowa individual income beginning January 1, 2025.

Dec 13, 2024 · If federal income tax is withheld on a flat rate basis, Iowa income tax is required to be withheld at the highest rate applicable to individuals. However, if the supplemental wage payment is included with the regular wage payment, the two are combined and the withholding tables or formulas are used.

Download or print the 2024 Iowa IA 1040 Table (IA 1040 Tax Tables) for FREE from the Iowa Department of Revenue.

Starting January 1, 2024, the interest rate for taxpayers with overdue payments will be: * 10.0% annually. * 0.8% monthly. * 0.027322% daily. Iowa Code Section 421.7 specifies the procedures for calculating the Department’s annual and monthly interest rates.

Iowa's 2025 income tax ranges from 4.4% to 5.7%. This page has the latest Iowa brackets and tax rates, plus a Iowa income tax calculator. Income tax tables and other tax information is sourced from the Iowa Department of Revenue.

Download or print the 2024 Iowa (IA 1040 Tax Tables) (2024) and other income tax forms from the Iowa Department of Revenue.

Jan 7, 2025 · As of Jan. 1, working Iowans began paying a flat income tax of 3.8%. The flat tax was approved in the Iowa Legislature last spring. Under the state’s previous tax structure, the income tax rate for married couples filing jointly making up to $12,420 was 4.4%.