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Access Related Incentive
Iowa Assistive Device Tax Credit
If you buy or rent products or
equipment, or make physical changes to the workplace to help an
employee get or keep a job.
To qualify:
- 14 or less Full time employees or....
- $3 million or less in yearly gross receipts
You receive a tax
credit equal to:
- 1/2 of $5,000 spent
- $2,500 annual cap
Click for more information
This credit can be taken to help reduce the costs
involved in providing an accommodation for an individual with a
disability. |
Wage Related Incentive
Iowa Small Business Tax Deduction
Given in addition to the Work
Opportunity Tax Credit for small Iowa businesses. For the new hiring of an employee
with a disability.
To qualify:
- 20 or less employees or....
- $3 million or less in yearly gross revenue
You receive a tax deduction equal to:
- 65% of wages in the first year
- $20,000 ceiling per employee
Download Instructions
Claim deduction on the Iowa 1040 tax
return, no separate application required |