Questions & Answers

What is the Iowa Qualified Business Income Deduction?

The Iowa Qualified Business Income Deduction (QBI deduction) is equal to 50% of the federal QBI deduction, claimed on your 2021 federal Form 8995-A, Line 37.

Married Separate Filers
The Iowa QBI deduction can be allocated to each spouse based on ownership of the qualifying business or businesses that created the deduction.

Don't worry, we will automatically calculate this for you with the information you enter in the federal portion of the software.

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