How do I fill out an Estate return for state of Iowa? I live in Colorado. My Father passed away in February. I am sole survivor. I sold house in Iowa in Oct.

[Anonymous_ · Accepted solution]

TurboTax Business is the TurboTax edition that is used to prepare and file federal and state income tax returns for estates and trusts.

https://turbotax.intuit.com/small-business-taxes

TurboTax Business must be installed and run in a Windows environment as there is no online nor Mac version.

The state returns are purchased separately from within TurboTax Business.

[TomD8]

Iowa does not have an estate tax, but it does have an inheritance tax - requiring its own tax form.  You can read the details here: Introduction to Iowa Inheritance Tax | Iowa Dept. of Revenue

An estate tax is levied on the estate; an inheritance tax is levied on the heirs of the decedent. 

I don't think TurboTax supports the Iowa inheritance tax form. 

[Anonymous_]

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@TomD8 wrote:

Iowa does not have an estate tax, but it does have an inheritance tax.....

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Iowa's inheritance tax does not apply to lineal descendants or ascendants, so it would not apply to @joeypaisano.

See https://tax.iowa.gov/sites/default/files/2022-07/TaxRateSch2022%2860064%29.pdf

[TomD8]

@Anonymous_ --

Thanks, that is correct.  Iowa exempts the surviving spouse, the lineal ascendants and descendants (including descendants by adoption), plus stepchildren and their lineal descendants from having to pay the inheritance tax.

[joeypaisano]

Thank You