Line 46
graphic link to 2008 Iowa income tax expanded instructions for 2009
Questions? E-mail Us!
2009 Expanded Instructions Home
graphic link to I-R-S Code
graphic image to translation web site
graphic link to Iowa e-file choices
graphic image to topic index of 2009 Iowa income tax instructions by topic
graphic link to 2009 Iowa income tax instructions by line number


Add lines 43, 44, and 45.

Taxpayers who have had a distressed sale in 2009 and have included the gain in net income may be eligible to limit their tax to their net worth immediately prior to the distressed sale. If you qualify, limit the amount on line 46 to your net worth before the distressed sale and attach an Iowa Income Tax Balance Sheet/Statement of Net Worth (form IA 6251B - pdf).

Go to Line 45

Go to Line 47