Perseverance May Ease 1976 Tax Filing Changes
Tax forms arrive as Congress enacted the 1976 Tax Reform act affecting federal and Iowa returns. The guide explains new credits for the elderly and child care, earned income credit rules, standard deductions, itemizing guidance, and a shift to government-assisted tax computation for many filers. Local offices offer free assistance with filing and form access.
MENTIONED IN THIS ARTICLE
IRS
Iowa
Congress
Federal income tax rates and exemptions in early instruction booklet
The text outlines a graduated federal tax starting at 14 percent with a maximum 70 percent, plus tax tables in the instruction booklet. Exemptions include 750 for the taxpayer, spouse, and each dependent, with 750 additional for those over 65 or blind, and credits of 15 for single filers (30 married), plus 10 per dependent and an extra 15 for unmarried head of household who is over 65 and blind.
MENTIONED IN THIS ARTICLE
Lawson
Federal and Iowa tax filing thresholds for 1976
The notice lists gross income thresholds for individuals and couples in 1976 for federal taxes and Iowa income tax. It includes single, married joint, married separate, and dependent scenarios with age adjustments and exemptions for Iowa residents with low net income or no tax liability.
Where to mail tax returns to IRS and Iowa Department
Returns should be mailed to the Internal Revenue Service 2306 E Bannister Road Kansas City Missouri 64170 with checks made payable to Internal Revenue Service. Iowa Department of Revenue Income Tax Return Processing Lucas State Office Building Des Moines Iowa 50319 with checks payable to Treasurer State of Iowa.
MENTIONED IN THIS ARTICLE
Town Department of Revenue
Eleventh Street
Marion
First National Bank
Iowa City
National Guard Armory
Internal Revenue Service
Brenton Financial Center
First Avenue
Second Street
Cedar Rapids
E. Bannister Road
Kansas City
Iowa
Iowa Tax Deadlines and Income Reporting Rules
The deadline is April 15. All income types must be reported unless exempted. May 2 mirrors federal rules with exemptions for certain securities. Interest on state and municipal securities is taxable except revenue bonds from the board of regents. Military pay is taxable unless active duty of six months or more. Pension and annuities are taxable while Social Security IPERS and police and firemen pensions are exempt for Iowa tax purposes.
MENTIONED IN THIS ARTICLE
Iowa
Board of Regents
What can be deducted under Iowa tax rules
The text outlines standard versus itemized deductions for Iowa residents, including standard deductions by filing status, itemized options like real estate and state taxes, medical expenses with limits, political contributions, and credits. It notes changes allowing itemized deductions on Iowa returns even if federal uses standard, and details prorating and adoption expense rules.
MENTIONED IN THIS ARTICLE
U.S
Iowa
What Cannot Be Deducted Under Iowa Taxes
The list specifies items not deductible: gifts to individuals, transportation to work, cigarettes, liquor and federal gas taxes, any excise, gift, social security, telephone, and travel taxes, hunting and dog licenses, and driver's license. Iowa income tax is not deductible, unlike federal tax rules.
Iowa Auto License Tax Deduction Table Summary
A legal tax instruction explains how to compute deductible auto license fees for Iowa. It lists steps: total fee paid. car weight in pounds from registration. deductible portion at 40 cents per hundred pounds. subtract the deductible portion from the total fee to get the deductible amount for tax forms.
MENTIONED IN THIS ARTICLE
Iowa
How To Figure Car License Deduction
Taxpayers may deduct only the portion of the Iowa auto license fee based on value, not weight. Example shows a $35 registration with 4000 pound weight yielding $16 by weight deduction and $20 deductible. claims exclude pickups, driver licenses, hunting licenses, boat registrations, and other fees. applies to 1975 fees.
MENTIONED IN THIS ARTICLE
Iowa
Pueblo Nine Years On Still in North Korea After Seizure
The U S S Pueblo remains in North Korea nine years after its capture on January 23 1968. Communist gunboats boarded the vessel in peacetime and forced surrender in a high seas incident transforming a small electronics intelligence ship into a symbol of Cold War tension. Cmdr Lloyd Bucher and 81 crewmen endured captivity and torture before release on December 22 1968. A navy inquiry sought court martial for Bucher and Edward Murphy Jr but was overruled by Secretary John Chaffee. The Pueblo is still held with no public discussion of return in the past year.
MENTIONED IN THIS ARTICLE
Pueblo
Kipling
Suez
U.S.S
Cmdr
Lloyd M. Bucher
United States
Navy
Bucher
Edward R. Murphy, Jr
John Chaffee
North Korea
America
Tailorbird Builds Leaf Pocket Nest With Natural Thread
The tailorbird crafts a snug pocket nest by sewing large leaves with grass fiber and spider web as thread. It uses a sharp bill as a needle to stitch the leaf edges, creating a compact breeding chamber.
Also Mentioned on This Page
Joel Hopkins
Iowa Department of Revenue
Hopkins
Larry Lawson
Department of Revenue
Post Office
United Press International
Crew
South Korea
Murphy
Pueblo Presuma
Bly
RUSCO
Call Now
Bill Malloy
Diamond Store
Malloy Jewelers
Second Ave. SE
Klinger's
5Th Ave