Friday - 02/04/2022
In 2021, Governor Reynolds signed into law 2021 Iowa Acts, Senate File 608. The Department has released new guidance to explain this tax change as it relates to the following:
- Iowa Composite Returns for Tax Years 2022 or Later
Senate File 608 made extensive changes to Iowa’s composite return and nonresident withholding requirements for pass-through entities and their nonresident members. These changes apply to tax years beginning on or after January 1, 2022 (tax year 2022). This guidance describes those changes. The Department will update tax forms and administrative rules in the near future to implement the composite return changes enacted in Senate File 608 and described in this guidance.
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