Iowa Historic Tax Credit Summary
- Applicable against corporate, franchise, and individual income tax.
- May offset 100% of taxpayer’s liability.
- Credits are transferrable (except for tax credit certificates of less than $1,000).
- May elect to receive a refund for unused credits or carry forward for up to 5 years.
- Recapture under specific conditions.
Investing
Interested in investing to preserve historic buildings in Iowa?