Tax Tips and Changes for 1981 1982 Returns
Federal withholding cuts, new federal exemptions, and Iowa form changes are outlined. Key points include filing early for refunds, ensuring W-2s by Feb 1, and noting adjusted gross income guides Iowa 1040 long form. Exclusions on interest and dividends vary by year, with attention to unemployment tax, capital gains, and signing returns.
MENTIONED IN THIS ARTICLE
Reagan
Jo McNeal
Taxpayer Service
Cedar Rapids
IRS
Iowa
Gary Hunerdosse
Iowa Department of Revenue
IRS tax help hours listed for Eastern Iowa offices
IRS offices in Cedar Rapids, Waterloo, Davenport, Dubuque and Ottumwa list walk in hours and addresses with Burlington Mason City Spencer and Carroll note. Toll free assist line 1 800 362 2600. State Revenue offices in Cedar Rapids and Iowa City with hours and phone numbers also provided.
MENTIONED IN THIS ARTICLE
Burlington
Mason City
Spencer
Carroll
Auto License Deduction Chart for Iowa Taxes
A reader guidance item explains how to calculate the deductible portion of automobile license fees on Schedule A. List total car fee paid, list vehicle weight from registration, multiply weight by 0.40 per 100 pounds, subtract that amount from total fee to obtain the deductible portion.
Only part of car license fee can be deducted
Tax tips note that in Iowa the license fee blends value and weight. Only the portion based on value is deductible. Using a $36 fee and 4000 lb weight, $16 is weight-based, $20 deductible toward the 1981 return. no deductions for pickup licenses, driver's licenses, hunting licenses, or boat registrations. Deduction applies to fees paid in 1981.
MENTIONED IN THIS ARTICLE
Iowa
Best Time to Call IRS for Help on Taxes
The IRS toll free line 1-800-362-2600 is open Monday through Friday 8 a.m. to 4:40 p.m. Today it will be 1 to 4 p.m. Call after Tuesday for best chances and avoid local offices which offer walk in help only. In 1981 many Iowans used the line to prepare federal returns, with peak calls on Monday and Tuesday midday.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
Tollfree
Taxpayer Assistance
IRS
Homestead and Veterans Filings Lag in January in Cedar Rapids
Cedar Rapids January filings for homestead credits and veterans exemptions lagged 1981 figures, due to harsh weather. Homestead filings reached 3,356, down 925 from January 1981, while veteran exemptions were 1,654, down 463. Deadline for homestead is July 1. Eligibility includes home ownership and residence six months a year. credit about 170 dollars. Military exemptions cover service periods from 1917 to 1973. Business filing deadline is February 15, with many reports still outstanding.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Dale Piersall
Also Mentioned on This Page
Congress
Uncle Sam
Dale Kueter
Gazette
Ristmtact
Brenton Bank
Waterloo
West Ridgeway
Davenport
West Third
Dubuque and
Ottumwa
Dubuque
West 2Nd St
Iowa City
South Dubuque Street
State Revenue Offices
Homestead
Piersall
the Gazette
P.O
Sea Galley
Edgewood Rd
S.W
Westdale Mall
Sun
Visa
MasterCard