Step 3
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STEP 3 EXEMPTION CREDITS

YOU (and spouse if married filing joint)

a. Personal Credit.

If you are filing single (filing status 1), married filing separately on a combined return (status 3) or married filing separate returns (status 4) or qualifying widow(er) (status 6), enter "1" in the "Personal Credit" space.

If you are filing married filing joint (status 2) or head of household (status 5), you are eligible for an extra credit and should enter "2" in the "Personal Credit" space.

Add the number of personal credits and multiply by $40. Enter this amount on the $ line.

Note: Dependents filing their own returns claim a $40 personal exemption credit even though they are claimed as a dependent on another person's Iowa return.

b. Additional Personal Credit. 65 or older and/or blind:

If you were 65 or older on or before January 1, 2009, you may take an additional personal credit. If your spouse was 65 or older on or before January 1, 2009, and you are filing a joint return (status 2), you may take an additional personal credit for your spouse.

If you were blind on or before December 31, 2008, you may take an additional personal credit. If your spouse was blind on or before December 31, 2008, and you are filing a joint return (status 2), you may take an additional personal credit for your spouse.

Add the number of credits for 65 or older and blind and multiply by $20. Enter this amount on the $ line.

c. Dependents: Consult IRS Publication 17 to learn who qualifies as a dependent.

Enter the number of dependent children and other dependents you are claiming for federal income tax purposes. Add the number of dependent credits and multiply by $40. Enter this amount on the $ line.

The IRS determines whether or not a person is a dependent.

d. Dependent Name(s).

Enter the first name(s) of the claimed dependents. Also enter their last name(s) if different than yours.

e. Total.

Add the dollar amounts and enter on the TOTAL line and on line 47, column A.

SPOUSE (Complete only if married filing separately on a combined return, filing status 3.)

a. Personal Credit.

Enter "1" in the first space and multiply by $40. Enter $40 on the $ line.

b. Additional Personal Credit. 65 or older and/or blind:

If your spouse was 65 or older on or before January 1, 2009, your spouse may take an additional personal credit.

If your spouse was blind on or before December 31, 2008, your spouse may take an additional personal credit.

Add the number of credits for 65 or older and blind and multiply by $20. Enter this amount on the $ line.

c. Dependents: Consult IRS Publication 17 to learn who qualifies as a dependent.

Enter the number of dependent children and other dependents the spouse is claiming for federal income tax purposes. Add the number of dependent credits and multiply by $40. Enter this amount on the $ line.

The IRS determines whether or not a person is a dependent.

d. Dependent Name(s)

Enter the first name(s) of the claimed dependents. Also enter their last name(s) if different than yours.

e. Total.

Add the dollar amounts and enter on the TOTAL line and on line 47, column B.

Married Separate Filers: You may divide the number of dependents you claim between you and your spouse. However, you may not divide any one dependent between each spouse. Each spouse must claim his or her own exemption credits and may not claim any unused part of his or her spouse's credit.