Iowa Amended Individual Income Tax Return 41-122

Amended Individual Income Tax Return 41-122
IA 1040X Amended Iowa Individual Income Tax Return, 41-122
IA 1040X Amended Iowa Individual Income Tax Return
For fiscal year beginning:_________/_________/__________ and ending:_________/_________/__________
Step 1 Fill in all spaces with your current information. You must fill in your Social Security Number (SSN).
A. Your last name:

Your first name/middle initial:

Your SSN:

B. Spouse’s last name:

Spouse’s first name/middle initial:

Spouse’s SSN:

Residence on 12/31 of
year being amended:

Current mailing address (number and street, apartment, lot, or suite number) or PO Box:

County No. ___________

City, State, ZIP:

For calendar year:

Check this box if you or your
spouse were 65 or older at the end
of the tax year.

__ __ __ __

Sch Dist No. ___________

Reason for
Amendment:

Step 2 Filing Status: Mark correct status.

Net operating loss

1

Single: Were you claimed as a dependent on another person’s Iowa return?

2

Married filing a joint return. (Two-income families may benefit by using status 3 or 4.)

3

Married filing separately on this combined return. Spouse use column B.

4

Married filing separate returns. Spouse's name:

5

Head of household with qualifying person. If qualifying person is not claimed as a dependent on this return, enter the person’s name and SSN below.

6

Qualifying widow(er) with dependent child.

Yes

No

Federal audit
Protective claim
▲SSN:

Name:

Provide detailed
explanation on back.

SSN:

Step 3 Corrected Exemptions
a.

Other

Net Income:$

Personal credit: Col. A: Enter 1 (enter 2 if filing status 2 or 5); Col. B: Enter 1 if filing status (3) ............. ▲

b.

Enter 1 for each taxpayer who was 65 or older and/or 1 for each taxpayer who is blind ......................... ▲

c.

Dependents: Enter 1 for each dependent................................................................................................. ▲

d.

Enter first names of dependents here:

B. Spouse (Filing Status 3 ONLY)
X $ 40 = $
X $ 20 = $
X $ 40 = $

_______________________________________________________________________

A. You or Joint
▲

X $ 40 =

$

▲

X $ 20 =

$

▲

X $ 40 =

$

e. Total $ __________

e. Total $ __________
B. Spouse/Status 3

A. You or Joint

1. Gross income ............................................................................................................................................................... 1.

.00

▲

.00

Corrected

2. Adjustments to income ................................................................................................................................................ 2.

.00

▲

.00

Taxable

3. Net income. Subtract line 2 from line 1 ............................................................................................................... 3.

.00

▲

.00

Income

4. Addition for federal taxes ............................................................................................................................................ 4.

.00

▲

.00

5. Total. Add lines 3 and 4 ...................................................................................................................................... 5.

.00

6. Subtraction for federal taxes and qualified deductions. See instructions .................................................................... 6.

.00

▲

.00

7. Balance. Subtract line 6 from line 5 .................................................................................................................... 7.

.00

▲

.00

8. Deduction: Itemized/Standard

Standard .............................................................................. 8.

.00

▲

.00

9. Taxable income. Subtract line 8 from line 7 ........................................................................................................ 9.

.00

▲

Itemized

.00

.00

10. Tax or alternate tax. See instructions, page 2 for the tax rate schedule .......................................................................10.

.00

Compute

11. Iowa lump-sum/Iowa alternative minimum tax ...........................................................................................................11.

.00

.00

Your Tax

12. Total tax. Add lines 10 and 11 ............................................................................................................................12.

.00

.00

and

13. Total exemption credits, tuition & textbook credit, volunteer firefighter/EMS/reserve peace officer credit ............. 13.

.00

Credits

14. Balance. Subtract line 13 from line 12. If less than zero, enter zero ...................................................................14.

.00

▲

.00

15. Credit for nonresident or part-year resident. Must include IA 126 .......................................................................15.

.00

▲

.00

16. Balance. Subtract line 15 from line 14. If less than zero, enter zero ...................................................................16.

.00

.00

17. Other Iowa credits. Must include IA 130 out-of-state tax credit and/or IA 148 tax credits schedule ........................17.

.00

.00

18. Balance. Subtract line 17 from line 16. If less than zero, enter zero ...................................................................18.

.00

19. School district surtax/emergency medical services surtax ................................................................................19.

.00

20. Contributions from original return. These cannot be changed. ...........................................................................20.

.00

.00

21. Total tax. Add lines 18, 19, and 20 .....................................................................................................................21.

.00

.00

22. Total. Add columns A & B, line 21, and enter here ..........................................................................................................................

22.

.00

23. Total credits. See instructions ...................................................................................................................................................... 23.

.00

Refund

24. Tax amount previously paid ......................................................................................................................................................... 24.

.00

or

25. Total credits and payments. Add lines 23 and 24 ............................................................................................................................

25.

.00

Amount

26. Overpayment on previous filing ................................................................................................................................................................. 26.

.00

You Owe

27. Subtract line 26 from line 25. Enter here ..........................................................................................................................................

27.

.00

28. If line 27 is more than line 22, subtract line 22 from line 27. This is the REFUND amount ........................................... REFUND

28. ▲

.00

29. If line 27 is less than line 22, subtract line 27 from line 22. This is the AMOUNT OF TAX YOU OWE ............................................... 29. ▲

.00

30. Penalty and interest. See instructions.

.00

▲ 30a. Penalty

▲ 30b. Interest

Your signature:

Date:

Spouse's signature:

Date:

.00

.00

.00

▲

........................... 30.

31. TOTAL AMOUNT NOW DUE. Add lines 29 and 30 and enter here ............................................................................................. PAY

I, the undersigned, declare under penalties of perjury o r
f a l s e c e r t i f i c a t e , that I have examined this return, and,
to the best of my knowledge and belief, it is true, correct,
and complete.

▲

31. ▲

.00

.00

Daytime phone:
Preparer's signature:
Firm:
Address:

Date:
Phone:
PTIN
41-122a (05/20/2022)

IA1040X, page 2

Explanation of Changes to Income, Deductions, and Credits

Enter the line reference from page 1 for which you are reporting a change and give the reason for each change. Include
a copy of the federal amended return and any supporting schedules, worksheets, and documentation to
substantiate the changes. Indicate how the changes in income, deductions, or credits are allocated between spouses.

Explanation of Social Security and Pension Exclusion changes
For 2014 and later, enter the reportable amount from line 13 of the Social Security Worksheet.
Enter the corrected amount of the pension/retirement income exclusion from IA 1040, line 21.

Spouse: __________ You: ___________
Spouse: __________ You: ___________

Credit Carryforward
If you are amending prior to the end of the year for which this return came due and wish to change your credit carryforward (estimated tax), fill
in these line items.
Calculated overpayment............................................................. 1. ______________
Elected carryforward amount for:
You ..................... A. ____________
Spouse ............... B. ____________
Total carryforward. Add lines A and B ........................................ 2. ______________
Subtract line 2 from line 1 and enter on IA 1040X, line 28 ......... 3. ______________
DO YOU OWE ADDITIONAL TAX?
You have several options:
•
•
•

Payment transfer from your bank account: Go to
tax.iowa.gov and make an ePayment (direct debit)
through eFile & Pay.
Pay by credit/debit card online: Go to tax.iowa.gov.
Note that you will be charged a service fee by the
vendor.
Mail your payment made payable to the Iowa
Department of Revenue with voucher IA 1040XV. Do
not send cash by mail.

NOTE: State tax information may be disclosed to tax officials of
another state or of the United States for tax administrative
purposes.
Questions? Contact Taxpayer Services at 515-281-3114 or
1-800-367-3388
E-mail: [email protected].

FINAL CHECKLIST
Before you mail this return, make sure you:
•
•
•
•
•
•

Check your math!
Provide an explanation of the change and include
supporting documentation.
Compute interest and any applicable penalty on additional
tax due.
Sign your return.
Verify your SSN(s).
Make your payment, if required.

File electronically, or
Mail return to:
Income Tax Document Processing
Iowa Department of Revenue
PO Box 9187
Des Moines IA 50306-9187

41-122b (06/29/2022)

IA 1040X instructions, page 1
IA1040X INSTRUCTIONS

An amended Iowa return can be filed electronically if
your software supports it. Do not file an amended
return the same day as the original return.
Identification: Enter current name(s), address, and
SSN(s).
Report all other information as corrected.
Line 1 - Gross Income: If you are correcting
wages or other compensation, include all additional
and corrected W-2s, 1099s, Schedules K-1, and all
other supporting documentation that you received
after you filed your original return.
Line 6 – Federal Taxes and Qualified
Deductions: If you are correcting your subtraction
for federal taxes, your Qualified Business Income
Deduction, or your DPAD 199A(g) Deduction, enter
the total of those corrections on this line.
Line 8 - Deduction: Enter your itemized or
standard deduction amount on line 8. Prorate
itemized deductions for married separate filers
(status 3 or 4) between spouses as each spouse’s
net income relates to the total net income.
For 2019, the standard deduction is:
Status 1, $2,080; Status 3 or 4, $2,080 per
spouse; Status 2, 5, or 6. $5,120
For 2020, the standard deduction is:
Status 1, $2,110; Status 3 or 4, $2,110 per
spouse; Status 2, 5, or 6. $5,210
For 2021, the standard deduction is:
Status 1, $2,130; Status 3 or 4, $2,130 per
spouse; Status 2, 5, or 6. $5,240
For 2022, the standard deduction is:
Status 1, $2,210; Status 3 or 4, $2,210 per
spouse; Status 2, 5, or 6. $5,450
Line 15 - Nonresident/Part-year Resident Credit:
Enter the correct nonresident/part-year resident
credit on this line. You must include form IA 126.
Line 17 - Other Iowa Credits: Enter the total of the
nonrefundable Iowa credits from the IA 130 Outof-State Tax Credit Schedule and/or the IA
148 Tax Credits Schedule. Y o u m u s t include
the I A 1 3 0 a n d / o r IA 148 Tax Credits Schedule
with an explanation if a credit amount is changed
from the original filing.
Line 19 - School District/EMS Surtaxes: Enter the
correct school district/EMS surtax based on where
you resided on 12/31 for the tax year you are
amending.
Line 20 - Contributions from Original Return:
Enter the amount of contributions claimed on the
original return in column A of the IA 1040X. These
cannot be changed from the original filing.

Line 23 - Total Credits: Enter the total of Iowa tax
withheld, estimated/voucher payments, Iowa Fuel
Tax Credit, Child and Dependent Care Credit or
Early Childhood Development Credit, Earned
Income Tax Credit, other refundable tax credits
from IA 148 Tax Credits Schedule, and Composite
Credits from IA Schedule CC. Include supporting
documentation or schedule(s) if a credit is changing
from the original filing.
Line 24 - Tax Amount Previously Paid: Show the
amount of tax paid with the filing of the original
return plus any additional tax paid for this tax period
after the filing of the return. Do not include any
penalty, interest, or penalty for underpayment of
estimated tax you may have paid.
Line 26 - Overpayment: Enter the amount of
overpayment from your previous filing(s). Do not
include any interest you may have received on
your refund.
Line 28 - Refund: Enter the amount of the
overpayment you want refunded to you. Do not
include the portion of the overpayment you want
credited to next year’s estimated payments. If you
are amending a return in the same calendar year in
which the return became due and wish to credit all
or a portion of the overpayment to next year’s
estimates, complete the credit carryforward section
on page 2 of the IA 1040X form.
Line 30a - Penalty: If your original return for the
year being amended was not timely filed and you
failed to pay at least 90% of the current tax on or
before the original due date, a late filing penalty of
5% is due. If this amendment is filed prior to any
contact by the Department and the tax shown to be
due on this amended return is paid, then an
underpayment penalty will not be assessed.
If you amend a return after being contacted by the
Department and have failed to pay at least 90% of
the current tax on or before the original due date of
the year being amended, then a 5% underpayment
penalty is due. You will be subject to both penalties
(10% total) if your original return was not timely
filed, the 90% test is not met, and you amend after
being contacted by the Department.
Line 30b - Interest: Interest is always due on the
amount of tax you owe on line 29. Interest is added
to the unpaid tax at a rate prescribed by law from
the due date of the return until payment is received.
Interest
cannot
be
waived
under
any
circumstances. Refer to the Interest Rate Table on
IA 1040X instructions, page 2 to calculate interest
due on unpaid tax.
41-122c (06/29/2022)

IA 1040X instructions, page 2
TAX RATE SCHEDULES
2020
TAX RATE SCHEDULE

2019
TAX RATE SCHEDULE
Amount on line 9
Over
0
1,638
3,276
6,552
14,742
24,570
32,760
49,140
73,710

But
Not Over
1,638
3,276
6,552
14,742
24,570
32,760
49,140
73,710
Over

0
5.41
16.38
90.09
429.16
982.48
1,470.60
2,494.35
4,322.36

plus
plus
plus
plus
plus
plus
plus
plus
plus

Amount on line 9

Of Excess
Over
0
1,638
3,276
6,552
14,742
24,570
32,760
49,140
73,710

Tax Rate
0.33%
0.67%
2.25%
4.14%
5.63%
5.96%
6.25%
7.44%
8.53%

Over
0
1,666
3,332
6,664
14,994
24,990
33,320
49,980
74,970

But
Not Over
1,666
3,332
6,664
14,994
24,990
33,320
49,980
74,970
over

2021
TAX RATE SCHEDULE
Amount on line 9
Over
0
1,676
3,352
6,704
15,084
25,140
33,520
50,280
75,420

But
Not Over
1,676
3,352
6,704
15,084
25,140
33,520
50,280
75,420
over

plus
plus
plus
plus
plus
plus
plus
plus
plus

0
5.50
16.66
91.63
436.49
999.26
1,495.73
2,536.98
4,396.24

plus
plus
plus
plus
plus
plus
plus
plus
plus

0.33%
0.67%
2.25%
4.14%
5.63%
5.96%
6.25%
7.44%
8.53%

2022
TAX RATE SCHEDULE

Tax Rate
0
5.53
16.76
92.18
439.11
1,005.26
1,504.71
2,552.21
4,422.63

Of Excess
Over
0
1,666
3,332
6,664
14,994
24,990
33,320
49,980
74,970

Tax Rate

0.33%
0.67%
2.25%
4.14%
5.63%
5.96%
6.25%
7.44%
8.53%

Of Excess
Over
0
1,676
3,352
6,704
15,084
25,140
33,520
50,280
75,420

Amount on line 9
Over
0
1,743
3,486
6,972
15,687
26,145
34,860
52,290
78,435

But
Not Over
1,743
3,486
6,972
15,687
26,145
34,860
52,290
78,435
over

Of Excess
Over
0

Tax Rate
0
5.75
17.43
95.87
456.67
1,045.46
1,564.87
2,654.25
4,599.44

Example: Taxable income on line 9 of the 1040X for tax year 2022 is $33,000.

plus
plus
plus
plus
plus
plus
plus
plus
plus

0.33%
0.67%
2.25%
4.14%
5.63%
5.96%
6.25%
7.44%
8.53%

1,743
3,486
6,972
15,687
26,145
34,860
52,290
78,435

5.96% of $6,855 =

$408.56

Using the 2022 tax rate schedule, this amount is over $26,145 but not over $34,860.

Plus

$1,045.46

The tax $1,045.46 plus 5.96% of $6,855 ($33,000 minus $26,145).

Tax

$1,454.02

INTEREST RATE TABLE: FOR AMENDED RETURNS FILED IN CALENDAR YEAR 2023 ONLY
If there is additional tax due on line 29, interest on the unpaid tax is to be computed using the table below. To find the applicable rate, find the tax year for
which you are amending your return in the left hand column. Then go to the right until you reach the column for the month in 2023 in which the amended
return is filed.
TAX YEAR
2022

JAN

FEB

MAR

APR

MAY
0.5

JUN
1.0

JUL
1.5

AUG
2.0

SEP
2.5

OCT
3.0

NOV
3.5

DEC
4.0

2021

3.7

4.2

4.7

5.2

5.7

6.2

6.7

7.2

7.7

8.2

8.7

9.2

2020

8.8

9.3

9.8

10.3

10.8

11.3

11.8

12.3

12.8

13.3

13.8

14.3

2019

14.3

14.8

15.3

15.8

16.3

16.8

17.3

17.8

18.3

18.8

19.3

19.8

2018

23.3

23.8

24.3

24.8

25.3

25.8

26.3

26.8

27.3

27.8

28.3

28.8

2017

29.7

30.2

30.7

31.2

31.7

32.2

32.7

33.2

33.7

34.2

34.7

35.2

2016

34.9

35.4

35.9

36.4

36.9

37.4

37.9

38.4

38.9

39.4

39.9

40.4

2015

39.7

40.2

40.7

41.2

41.7

42.2

42.7

43.2

43.7

44.2

44.7

45.2

2014

44.5

45.0

45.5

46.0

46.5

47.0

47.5

48.0

48.5

49.0

49.5

50.0

2013

49.3

49.8

50.3

50.8

51.3

51.8

52.3

52.8

53.3

53.8

54.3

54.8

2012

54.1

54.6

55.1

55.6

56.1

56.6

57.1

57.6

58.1

58.6

59.1

59.6

2011

58.9

59.4

59.9

60.4

60.9

61.4

61.9

62.4

62.9

63.4

63.9

64.4

2010

63.7

64.2

64.7

65.2

65.7

66.2

66.7

67.2

67.7

68.2

68.7

69.2

2009

68.5

69.0

69.5

70.0

70.5

71.0

71.5

72.0

72.5

73.0

73.5

74

2008

75.7

76.2

76.7

77.2

77.7

78.2

78.7

79.2

79.7

80.2

80.7

81.2

2007

84.9

85.4

85.9

86.4

86.9

87.4

87.9

88.4

88.9

89.4

89.9

90.4

2006

94.5

95.0

95.5

96.0

96.5

97.0

97.5

98.0

98.5

99.0

99.5

100.0

Example: There is additional tax due of $500 on line 29 of the 1040X on which a 2022 return is being amended. The 1040X is being filed in August 2023, resulting
in an interest rate of 2%. The computed interest is equal to: $500 x 2% (.02) = $10.
Note: This table cannot be used for the 2018 tax year if your principal residence or business was located in a flood disaster area declared by the Governor.
These counties include Fremont, Harrison, Louisa, Mills, Monona, Muscatine, Pottawattamie, Scott, Shelby, Woodbury, Clinton, Decatur, and Wapello.
41-122d (11/01/2022)