Selected articles for topic: calculation child tax credit
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Iowa Income Tax Brackets 2019
* Note: Iowa is different from other states in that it treats personal exemptions state tax exemptions as tax credits - which means that instead of deducting an amount from taxable income, the exemptions reduce your actual tax liability after it has been calculated.
The standard deduction, which Iowa has, is a deduction that is available by default to all taxpayers who do not...