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PaycheckDesk

Iowa · tax year 2026

Does Iowa tax tips and overtime?

Both deductions cut your state tax too.

Iowa follows both federal deductions, and unlike most states that do, it never had to pass a law: Iowa starts from your federal taxable income, which the deductions have already reduced, and its tax code tracks federal law as it changes. A flat 3.8% applies, less a credit of $40 — or $80 filing jointly or as head of household. Iowa has no standard deduction of its own because the federal one is already counted.

What it means on a real paycheck

Take a single filer earning $50,000 a year, $8,000 of it in tips. Against the same person with no tips to declare, the federal deduction is worth $960.

In Iowa it is worth $304 more, because the state follows the federal deduction. Together that is $1,264.

How Iowa works out the tax

Iowa charges a flat 3.8%. It begins from your federal taxable income.

Worth knowing about Iowa

It starts from your federal taxable income

Most states begin at your adjusted gross income and apply their own deduction. This one begins after the federal standard deduction has already come off, which is why the two federal deductions can reach it without the state passing any law of its own.

The exemption is a credit, not a deduction

$40 comes off the tax itself rather than off your income, at every income, which is worth more to a low earner than a deduction of the same size.

Your own numbers

Your gross pay before any taxes or deductions.

Married filing separately cannot claim these deductions at all, so it is not offered here.

Traditional, pre-tax. Lowers income tax but not Social Security or Medicare.

Pre-tax cafeteria-plan premiums. These lower income tax and FICA.

Take-home pay per paycheck (26 per year)

$1,934

$50,293 a year after taxes and deductions.

Iowa follows both federal deductions, and unlike most states that do, it never had to pass a law: Iowa starts from your federal taxable income, which the deductions have already reduced, and its tax code tracks federal law as it changes. A flat 3.8% applies, less a credit of $40 — or $80 filing jointly or as head of household. Iowa has no standard deduction of its own because the federal one is already counted. See what that costs you →

Where the money goes each year

Gross salary$62,000
Federal income taxTop rate applied: 12%−$5,260
Social Security−$3,844
Medicare−$899
State income tax (IA)Flat 3.80% on $45,900 of state taxable income−$1,704
Take-home pay$50,293

Per paycheck

Gross$2,385
Taxes withheld−$450
Net$1,934

Estimate for tax year 2026 assuming the standard deduction, no dependents or credits, and even pay across the year. Your employer withholds using your Form W-4, so an individual paycheck can differ. Effective total tax rate: 18.88%. Not tax advice.

Where these figures come from

Iowa’s rates and reliefs here were taken from Iowa’s own publication and last checked on 2026-08-02. A state appears in this calculator only once its figures have been read off that state’s own paperwork and covered by tests — never estimated, and never copied from another site.

Figures on this page are for tax year 2026 and were last checked against the primary sources on 2026-07-31. See our sources. This is an estimate, not tax advice.

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