Standard Deductionįor tax year 2022, the standard deduction is:įiling Status 3 or 4: $2,210 for each spouse
Taxpayers may still deduct eligible state and local taxes paid, independent of the federal dollar limitation. The $10,000 federal cap on the itemized deduction for state and local taxes does not apply for Iowa purposes. A number of adjustments and separate Iowa calculations are necessary to determine the correct deduction.
You must complete the Iowa Schedule A to itemize deductions on the Iowa return. You may itemize deductions on your Iowa return even if you did not itemize deductions on your federal return. You may itemize deductions or claim the Iowa standard deduction, whichever is larger.
