IA 130 — Iowa Out-of-State Tax Credit Schedule (with instructions)

# preamble

2025 IA 130

# Iowa Out-of-State Tax Credit Schedule

Name    Name of state or other jurisdiction that taxed income also taxed by Iowa:

Part I: Iowa Source Income Taxed by Another State or Jurisdiction

# Part II: Calculation of Credit

10. Unemployment compensation ..........................................................................................................  10 16. T otal Iowa income. Add lines 14 and 15 (or IA 126, line 13 for part-year residents) ........................  16 Other Jurisdiction Enter Dollars and Cents 2. T axable interest income ....................................................................................................................  2 3. Ordinary dividend income .................................................................................................................  3 4. T axable alimony received .................................................................................................................  4 5. Business income or (loss) ................................................................................................................  5 6. Capital gain or (loss) ........................................................................................................................  6 7. Other gains or (losses) .....................................................................................................................  7 8. Rents, royalties, partnerships, estates, etc. .....................................................................................  8 14. Federal total income from IA 1040, line 1a .......................................................................................  14 9. Farm income or (loss) ......................................................................................................................  9 15. Iowa modifications to federal total income from IA 1040, Schedule 1, line 13, less federal net operating loss from IA 1040, Schedule 1, line 10 ....................................................  15 11. Gambling winnings ...........................................................................................................................  11 12. Other income, bonus depreciation, and section 179 adjustment .....................................................  12 18. Amount from IA 1040, line 14 ...........................................................................................................  18 13. Iowa gross income taxed by another jurisdiction. Add lines 1-12 .....................................................  13 19. Multiply line 18 by the percentage on line 17 ...................................................................................  19 22. Enter the sum of lines 20 and 21 ......................................................................................................  22 1. W ages, salaries, tips, etc. See instructions regarding IA/IL Reciprocal Agreement .........................  1 20. Enter the income tax imposed by the other state or jurisdiction and paid by you on income included on line 13. See instructions ....................................................  20 17. Divide line 13 by line 16 and enter the percentage rounded to the nearest ten-thousandth of a percent (e.g. 12.3456%). Do not exceed 100.0% ............................................  17 % 21. Enter the income tax imposed by the other state or jurisdiction and paid by your pass-through entity or mutual fund on income included on line 13. See instructions ................................................................................................  21 Social Security Number (SSN)

2025 IA 130, page 2 Include this form with your return. Full-Year Residents (part-year residents skip) Part-Year Residents 24. Enter the total amount of gross income taxed by the other state or jurisdiction ...............................  24 26. Multiply line 22 by the percentage on line 25 ...................................................................................  26 Enter Dollars and Cents 23. Enter the smaller of lines 19 or 22 and enter this amount on IA 1040, line 15. This is your Out-of-State T ax Credit .................................................................................................  23 25. Divide line 13 by line 24 and round to the nearest ten-thousandth of a percent (e.g. 12.3456%). Do not exceed 100.0% ............................................................................  25 % 27. Enter the smaller of lines 19 or 26 and enter this amount on IA 1040, line 15. This is your Out-of-State T ax Credit .................................................................................................  27 SSN  Name  