Iowa Salary & Paycheck Calculators
Updated October 2024Iowa employs a graduated income tax system with rates ranging from 4.4% to 6%, which can significantly impact your net income based on your earnings level. While not as complex as some other states, Iowa's tax code includes various deductions and credits that affect your paycheck.
Iowa Income Tax Highlights
- 4.4% on taxable income up to $6,494
- 4.82% on taxable income between $6,494 and $25,976
- 5.7% on taxable income between $25,976 and $58,446
- 6% on taxable income over $58,446
Iowa Calculators & Tools
Calculate Your Take-Home Pay
Input your income details and see how much you make after taxes and deductions.
Bonus Calculators
Find out how much your bonus will be taxed.
Net-to-Gross
Find out how much your gross pay should be for a specific take-home pay.
Withholding Forms
Key Points to remember about the Iowa Paycheck Structure
- Progressive tax system with four brackets
- Standard deduction of $2,210 for single filers and $5,450 for married couples filing jointly (2023 figures)
- Personal exemption credit of $40 per person
- No local income taxes
- Iowa does not tax Social Security benefits for many residents
Understanding these aspects of Iowa's tax landscape is crucial for accurately estimating your net income and managing your finances effectively in the Hawkeye State. While Iowa's tax system is more straightforward than some states, it's important to consider the various deductions and credits available to optimize your tax situation.
Learn more about the Payroll Process in Iowa
Visit the Iowa Payroll Guide page
Fun Facts
Known for its vast farmlands, Iowa is a major producer of corn and soybeans. It holds the first presidential caucus, making it politically significant. The state is home to the annual Iowa State Fair, a major Midwestern attraction.
