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Per IAC 701 41.3 (422)(4)(b) – “For tax years beginning on or after January 1, 1982, the federal income tax deduction attributable to Iowa by nonresidents of Iowa shall be the same deduction as is available for resident taxpayers.”

Because both resident and nonresident taxpayers are allowed the full federal amount of taxes paid as a deduction (i.e. nonresidents do not have to pro-rate it to the ratio of source income to total income), the full federal amount of prior year federal tax refunds is added back to both total and source other income.

If the return was proforma’d, UltraTax automatically calculates the deduction. If the client was not proforma’d, force fields are available in the Federal Tax Adjustment section at the bottom of Screen IAIncome.

Related topic: 1041 Iowa frequently asked questions

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