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Iowa Nonresident / Part-Year Resident Credit 41-126
with TurboTaxExtracted from PDF file 2023-iowa-form-ia-126.pdf, last modified March 2023Nonresident / Part-Year Resident Credit 41-126
2023 IA 126 Iowa Nonresident and Part-Year Resident Credit Schedule tax.iowa.gov Name Social Security Number (SSN) Your Residency Status (check one) Nonresident Part-Year Resident Full-Year Iowa Resident Moved into IA Moved out of IA M M D D Y Y Y Y M M D D Y Y Y Y Y Y Y Y Spouse’s Name Spouse’s SSN Spouse’s Residency Status (check one) Nonresident Part-Year Resident Full-Year Iowa Resident Moved into IA Moved out of IA M M D D Y Y Y Y M M D D Enter Dollars and Cents All-Source (A) Part I: Income 1. Wages, salaries, tips, etc. See instructions regarding IA/IL Reciprocal Agreement.......................................................... 2. Taxable interest income................................................................ 3. Ordinary dividend income............................................................. 4. Taxable alimony received............................................................. 5. Business income or (loss)............................................................ 6. Capital gain or (loss).................................................................... 7. Other gains or (losses)................................................................. 8. Rents, royalties, partnerships, estates, etc.................................. 9. Farm income or (loss).................................................................. 10. Unemployment compensation...................................................... 11. Gambling winnings....................................................................... 12. Other income, bonus depreciation, and section 179 adjustment. 13. Iowa Source gross income. Add lines 1-12.................................. 14. Federal total income from IA 1040 Line 1..................................... 15. Iowa modifications to federal total income from IA Schedule 1, line 13.......................................................... 16. Total. Add lines 14 and 15............................................................ 41-126a (08/18/2023) Iowa (B) 1 00 2 00 3 00 4 00 5 00 6 00 7 00 8 00 9 00 10 00 11 00 12 00 13 00 14 00 15 00 16 00 2023 IA 126, page 2 Iowa Nonresident or Part-Year Resident Name SSN Enter Dollars and Cents All-Source (A) Part II: Modification 17. Payments to an IRA, Keogh, or SEP............................................ 18. Deductible part of self-employment tax........................................ 19. Health Insurance deduction. See instructions.............................. 20. Penalty on early withdrawal of savings........................................ 21. Alimony paid................................................................................. 22. Iowa capital gain deduction.......................................................... 23. Other adjustments........................................................................ 24. Total adjustments. Add lines 17-23............................................... 17 00 00 18 00 00 19 00 00 20 00 00 21 00 00 00 22 23 00 00 24 00 00 25. Iowa Source Net income. Subtract line 24 (Column B) from line 13..................................... 25 26. All Source Net income. Subtract line 24 (Column A) from line 16...................................... 26 27. Iowa income percentage: Divide line 25 by line 26. Enter percentage rounded to the nearest ten-thousandth of a percent (e.g. 12.3456%). This can be no more than 100.0% and no less than 0.0%................................................................ 28. Nonresident or part-year resident credit percentage: Subtract the percentage on line 27 from 100.0000% (e.g. 87.6544%)............................................. 29. Iowa tax on total income from IA 1040, line 5.................................................................................... 30. Total credits from IA 1040, line 11..................................................................................................... 31. Tax after credits. Subtract line 30 from line 29.................................................................................. 32. Nonresident or part-year resident credit. Multiply line 31 by the percentage on line 28. Enter this amount on IA 1040, line 13........................................................... 41-126b (08/18/2023) Iowa (B) 00 00 27 % 28 % 29 00 30 00 31 00 32 00
Form IA 126
More about the Iowa Form IA 126 Individual Income Tax Tax Credit TY 2023
Complete this form if you or your spouse are a nonresident of Iowa with income from Iowa sources, or a part-year Iowa resident.
Form IA 126 requires you to list multiple forms of income, such as wages, interest, or alimony .
We last updated the Nonresident / Part-Year Resident Credit 41-126 in January 2024, so this is the latest version of Form IA 126, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form IA 126 directly from TaxFormFinder. You can print other Iowa tax forms here.
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TaxFormFinder has an additional 43 Iowa income tax forms that you may need, plus all federal income tax forms.
| Form Code | Form Name |
|---|---|
| Form IA 1040 | Individual Income Tax Return |
| IA 1040-ES | Individual Income Estimate Tax Payment Voucher |
| IA 1040-V | Tax Payment Voucher |
| IA 1040-A | Form 1040 Schedule A (Itemized Deductions) |
| Form IA 1040ES | Estimated Tax Coupons |
View all 44 Iowa Income Tax Forms
Form Sources:
Iowa usually releases forms for the current tax year between January and April. We last updated Iowa Form IA 126 from the Department of Revenue in January 2024.
Form IA 126 is an Iowa Individual Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
About the Individual Income Tax
The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.
Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!
Historical Past-Year Versions of Iowa Form IA 126
We have a total of twelve past-year versions of Form IA 126 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2022 Form IA 126
IA 126 NonResident Part year Resident Credit Schedule (41126)
2021 Form IA 126
IA 126 NonResident Part year resident credit
2020 Form IA 126
IA 126 NonResident Part year resident credit
2019 Form IA 126
IA 126 NonResident Part year resident credit
2018 Form IA 126
IA 126 NonResident Part Year Resident Credit, 41-126
2017 Form IA 126
IA 126 NonResident Part year resident credit
2016 Form IA 126
IA 126 NonResident Part year resident credit
2015 Form IA 126
2014 IA 126, Iowa Nonresident and Part-Year Resident Credit
2014 Form IA 126
2014 IA 126, Iowa Nonresident and Part-Year Resident Credit
2013 Form IA 126
Iowa 126 nonresident and part-year resident income tax form
2012 Form IA 126
Iowa 126 nonresident and part-year resident income tax form
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