Iowa Earned Income Tax Credit
Iowa is one of 31 states (and the District of Columbia) that offer a fully refundable credit. This means that families who have no tax liability can receive the entire amount of the EITC as a refund.
Iowa’s EITC is modeled after the federal credit directly, offering a state credit that is equal to 15 percent of the federal credit. That’s an additional $1,207 for a family with three children or more.
FAQ
How much is Iowa Earned Income Credit?
| NO. OF CHILD | EITC |
|---|---|
| 0 | $97 |
| 1 | $649 |
| 2 | $1,073 |
| 3 or more | $1,207 |
Can I get a refund if I owe no tax in Iowa?
If your Iowa EITC is $1,207 and you owe $0 in state income tax, and you receive the full $1,207 as a refund as illustrated in the table below:
| Sample Calculation | Amount |
|---|---|
| Iowa EITC | $1,207 |
| Tax Owed | $0 |
| Refundable Credit | $1,207 |
All Iowa taxpayers who qualify for the federal credit are automatically eligible. To find out if you qualify for federal EITC, call the IRS at (800) 829-1040.
How do I claim the Iowa EITC?
To claim the credit, file your Iowa income tax return (Form IA 1040) and enter your Iowa EITC dollar amount on Line 25 of Iowa Form 1040.
Iowa Department of Revenue
(515) 281-3114
About this information
SingleMotherGuide.com is an independent state-by-state reference guide and is not affiliated with any government agency. Program amounts and income limits are compiled from official federal and state sources, which are cited on the page, and are reviewed periodically and updated as those sources change.
The information is provided for general guidance and is not legal or financial advice. The administering agency makes the final determination of eligibility and benefit amounts. To report an error, please contact us.
Data freshness
Figures on this page are compiled from the public sources cited above and may change; refer to the cited sources for the most current information.
- Last updated
- Updated by
- Ada Hu