Use income. The Iowa Department of Revenue provides an example of how to prorate a refund:
Example 1: How spouses would prorate a federal refund:
- 2018 federal refund received in 2019 from a jointly-filed return: $1,000
- Spouse A has net income of $15,000 on the 2018 IA 1040.
- Spouse B has net income of $30,000 on the 2018 IA 1040.
- Total net income: $45,000 on the 2018 IA 1040.
- Divide Spouse B's net income by total income.
- The result is the percent of total income earned by Spouse B.
- (Spouse B's net income) $30,000 = 66.7%
- (Total of both spouse's net income) $45,000
- Then take $1,000 X 66.7% = $667. This is Spouse B's portion of the refund, reported on line 27 in column B.
- Spouse A's portion is $1,000 - $667 = $333, which is entered on line 27 in column A.
- These two amounts are entered on line 27 of the 2019 IA 1040.
Note: Round to the nearest one-tenth of a percent. For example, 66.74% becomes 66.7% and 66.75% becomes 66.8%
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
