Home Owners Association and tax filing requirement for the State of Iowa

[hawkeye22]

Does an Iowa HOA have to file a state tax return with the State of Iowa?

[SabrinaD2]

Yes, in general, Iowa Homeowners Associations (HOAs) are required to file state tax returns. Here are the key points:

Filing Requirements

1. Corporate Entity: Any corporate entity organized under Iowa law or doing business in Iowa must file a state tax return.
2. Federal Filing: If your HOA files federal Form 1120 or 1120-H, it must also file an Iowa state tax return,

For more detailed information, you can refer to the Iowa HOA Tax Filing Guide.

[hawkeye22]

Thank you for your reply.  Which Iowa form needs to be filed?  Can I use TurboTax to complete the form?

[ThomasM125]

If you are required to file a federal Form 1120 or 1120-H, then you would need to file Iowa form IA 1120. You can file that return using the TurboTax Business product only if you are filing a federal form 1120.