Claiming the Tax Credit You Deserve

STEP 2:  Are you eligible for one of these IOWA Tax Credits?
You can also claim tax credits when you file your Iowa income taxes and increase your state income tax refund!  The following Iowa tax credits are available IF you qualify for the federal tax credits described in Step 1.

Iowa Earned Income Credit (EIC) is a state tax credit that you may be eligible for if you qualify for the federal EITC. Good News! The Iowa Earned Income Credit was doubled for tax year 2013! The Iowa EIC is equal to 14% of the federal EITC.

• For example, if you receive a federal EITC of $2,500, the Iowa EIC would be 14% of $2,500 or $350.

Iowa Child and Dependent Care Credit (CDCC) is a state tax credit you may be eligible for if your annual income is below $45,000. 

• The Iowa CDCC is based on a percentage of the federal CDCC.  The percentage varies depending on income.

Click "Next" button on the top right to continue.