Iowa Administrative Rules (Last Updated: December 07, 2016) |
Department 701. Revenue Department |
Chapter 40. DETERMINATION OF NET INCOME |
Section 701.40.1. Net income defined. |
Section 701.40.2. Interest and dividends from federal securities. |
Section 701.40.3. Interest and dividends from foreign securities and securities of state and other political subdivisions. |
Section 701.40.4. Certain pensions, annuities and retirement allowances. |
Section 701.40.5. Military pay. |
Section 701.40.6. Interest and dividend income. |
Section 701.40.7. Current year capital gains and losses. |
Section 701.40.8. Gains and losses on property acquired before January 1, 1934. |
Section 701.40.9. Work opportunity tax credit and alcohol and cellulosic biofuel fuels credit. |
Section 701.40.10. Exclusion of interest or dividends. |
Section 701.40.11. Two-earner married couple deduction. |
Section 701.40.12. Income from partnerships or limited liability companies. |
Section 701.40.13. Subchapter “S” income. |
Section 701.40.14. Contract sales. |
Section 701.40.15. Reporting of incomes by married taxpayers who file a joint federal return but elect to file separately for Iowa income tax purposes. |
Section 701.40.16. Income of nonresidents. |
Section 701.40.17. Income of part-year residents. |
Section 701.40.18. Net operating loss carrybacks and carryovers. |
Section 701.40.19. Casualty losses. |
Section 701.40.20. Adjustments to prior years. |
Section 701.40.21. Additional deduction for wages paid or accrued for work done in Iowa by certain individuals. |
Section 701.40.22. Disability income exclusion. |
Section 701.40.23. Social security benefits. |
Section 701.40.24. Lottery prizes. |
Section 701.40.25. Certain unemployment benefits received in 1979. |
Section 701.40.26. Contributions to the judicial retirement system. |
Section 701.40.27. Incomes from distressed sales of qualifying taxpayers. |
Section 701.40.28. Losses from passive farming activities. |
Section 701.40.29. Intangible drilling costs. |
Section 701.40.30. Percentage depletion. |
Section 701.40.31. Away-from-home expenses of state legislators. |
Section 701.40.32. Interest and dividends from regulated investment companies which are exempt from federal income tax. |
Section 701.40.33. Partial exclusion of pensions and annuities for retired and disabled public employees. |
Section 701.40.34. Exemption of restitution payments for persons of Japanese ancestry. |
Section 701.40.35. Exemption of Agent Orange settlement proceeds received by disabled veterans or beneficiaries of disabled veterans. |
Section 701.40.36. Exemption of interest earned on bonds issued to finance beginning farmer loan program. |
Section 701.40.37. Exemption of interest from bonds issued by the Iowa comprehensive petroleum underground storage tank fund board. |
Section 701.40.38. Capital gain deduction or exclusion for certain types of net capital gains. |
Section 701.40.39. Exemption of interest from bonds or notes issued to fund the E911 emergency telephone system. |
Section 701.40.40. Exemption of active-duty military pay of national guard personnel and armed forces reserve personnel received for services related to operation desert shield. |
Section 701.40.41. Disallowance of private club expenses. |
Section 701.40.42. Depreciation of speculative shell buildings. |
Section 701.40.43. Retroactive exemption for payments received for providing unskilled in-home health care services to a relative. |
Section 701.40.44. Individual development accounts. |
Section 701.40.45. Exemption for distributions from pensions, annuities, individual retirement accounts, or deferred compensation plans received by nonresidents of Iowa. |
Section 701.40.46. Taxation of compensation of nonresident members of professional athletic teams. |
Section 701.40.47. Partial exclusion of pensions and other retirement benefits for disabled individuals, individuals who are 55 years of age or older, surviving spouses, and survivors. |
Section 701.40.48. Health insurance premiums deduction. |
Section 701.40.49. Employer social security credit for tips. |
Section 701.40.50. Computing state taxable amounts of pension benefits from state pension plans. |
Section 701.40.52. Mutual funds. |
Section 701.40.53. Deduction for contributions by taxpayers to the Iowa educational savings plan trust and addition to income for refunds of contributions previously deducted. |
Section 701.40.54. Roth individual retirement accounts. |
Section 701.40.55. Exemption of income payments for victims of the Holocaust and heirs of victims. |
Section 701.40.56. Taxation of income from the sale of obligations of the state of Iowa and its political subdivisions. |
Section 701.40.57. Installment sales by taxpayers using the accrual method of accounting. |
Section 701.40.58. Exclusion of distributions from retirement plans by national guard members and members of military reserve forces of the United States. |
Section 701.40.60. Additional first-year depreciation allowance. |
Section 701.40.63. Exclusion of income from military student loan repayments. |
Section 701.40.65. Section 179 expensing. |
Section 701.40.66. Deduction for certain unreimbursed expenses relating to a human organ transplant. |
Section 701.40.67. Deduction for alternative motor vehicles. |
Section 701.40.68. Injured veterans grant program. |
Section 701.40.69. Exclusion of ordinary or capital gain income realized as a result of involuntary conversion of property due to eminent domain. |
Section 701.40.70. Exclusion of income from sale, rental or furnishing of tangible personal property or services directly related to production of film, television or video projects. |
Section 701.40.71. Exclusion for certain victim compensation payments. |
Section 701.40.72. Exclusion of Vietnam Conflict veterans bonus. |
Section 701.40.73. Exclusion for health care benefits of nonqualified tax dependents. |
Section 701.40.74. Exclusion for AmeriCorps Segal Education Award. |
Section 701.40.75. Exclusion of certain amounts received from Iowa veterans trust fund. |
Section 701.40.76. Exemption of active duty pay for armed forces, armed forces military reserve, or the national guard. |
Section 701.40.77. Exclusion of biodiesel production refund. |
Section 701.40.78. Allowance of certain deductions for 2008 tax year. |
Section 701.40.79. Special filing provisions related to 2010 tax changes. |
Section 701.40.80. Exemption for military retirement pay. |
Section 701.40.81. Iowa ABLE savings plan trust. |