Iowa Code § 422.5A
Tax rates. Repealed by 2024 Acts, ch 1094, §15 – 17
Redline — January 1, 2022 → current.View current text →
Current — January 1, 2026
As of January 1, 2022
The tax imposed in section 422.5 shall be calculated at the following rates:
1. On all taxable income from 0 through $1,000, the rate of 0.33 percent.
2. On all taxable income exceeding $1,000 but not exceeding $2,000, the rate of 0.67 percent.
3. On all taxable income exceeding $2,000 but not exceeding $4,000, the rate of 2.25 percent.
4. On all taxable income exceeding $4,000 but not exceeding $9,000, the rate of 4.14 percent.
5. On all taxable income exceeding $9,000 but not exceeding $15,000, the rate of 5.63 percent.
6. On all taxable income exceeding $15,000 but not exceeding $20,000, the rate of 5.96 percent.
7. On all taxable income exceeding $20,000 but not exceeding $30,000, the rate of 6.25 percent.
8. On all taxable income exceeding $30,000 but not exceeding $45,000, the rate of 7.44 percent.
9. On all taxable income exceeding $45,000, the rate of 8.53 percent.
For future amendment to this section, effective January 1, 2023, see 2018 Acts, ch 1161, §107, 133, 134;
2024 repeal applies to tax years beginning on or after January 1, 2025; 2024 Acts, ch 1094, §17
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.