Iowa: Tax Return Calculation for 2019 Tax Year

$ 25,000.00 Tax Calculation for resident of Iowa in 2019 Tax Year

On this page:

1. [ Iowa Tax calculation]
2. [ Pay day breakdown ]
3. [ Iowa Tax Witholdings Calculation ]
4. [ Monthly Take home & Tax breakdown ]
5. [ Federal Tax Calculation ]
6. [ State Tax Calculation ]

This tax calculation for an individual earning $ 25,000.00 Per year is provided to illustrate the standard Federal Tax, State Tax, Social Security and Medicare paid during the year (assuming no changes to salary and circumstance) when filing a tax return in Iowa.

The following tax calculation provides an overview of Federal and State Tax payments for an individual with no children and no special circumstances living in Iowa. You can produce a bespoke calculation which includes your family situation, your (and their) personal circumstances using the Iowa State Tax Form Calculator [updated for 2019 tax year ] with 2019 Tax tables and 2019 Refundable and non-refundable tax credits.

Salary and Tax Illustration

		Yearly	Monthly	4 Weekly	2 Weekly	Weekly	Daily	Hourly	%
Gross Pay		25,000.00	2,083.33	1,923.08	961.54	480.77	96.15	12.02
-	Tax Deferred Retirement	0.00	0.00	0.00	0.00	0.00	0.00	0.00
-	Cafeteria/other pre-tax	0.00	0.00	0.00	0.00	0.00	0.00	0.00
-	Student loan interest deduction	0.00	0.00	0.00	0.00	0.00	0.00	0.00
-	Circumstance Exemptions	12,200.00	1,016.67	938.46	469.23	234.62	46.92	5.87
Taxable Income		12,800.00	1,066.67	984.62	492.31	246.15	49.23	6.15
-	Federal Income Tax	1,342.00	111.83	103.23	51.62	25.81	5.16	0.65	5.37%
-	Iowa State Income Tax	854.87	71.24	65.76	32.88	16.44	3.29	0.41	3.58%
-	Adjusted Federal Income Tax	1,302.00	108.50	100.15	50.08	25.04	5.01	0.63	5.21%
-	Social Security	1,550.00	129.17	119.23	59.62	29.81	5.96	0.75	6.20%
-	Medicare Tax	362.50	30.21	27.88	13.94	6.97	1.39	0.17	1.45%
-	Additional Medicare Tax	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%
Take Home Pay		20,890.63	1,740.89	1,606.97	803.49	401.74	80.35	10.04	83.56%

Tip: Social Security and Medicare are collectively known as FICA (Federal Insurance Contributions Act). Based on this calculation your FICA payments for 2019 are $1,912.50. You can see how your FICA is calculated including self-employed FICA deductions here.

Iowa is used as the default State for for this combined Federal and State tax calculation, you can choose an alternate State using the 2019 State and Federal Tax calculator. This Iowa tax illustration is therefore an example of a tax bill for a single resident of Iowa with no children filing their tax return for the 2019 tax year.

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Federal and State Tax Balance (Withholdings Calculator)

The table below provides an indication of any outstanding tax which you may be liable for and/or any tax rebates due. Note: This tax rebate calculation is indicative only, whilst we aim to provide a 100% accurate tax calculation we DO NOT guarantee of the accuracy of the tax calculations herein. If you spot an error or bug, please report it in our Tax Forums

	Withholdings	Calculated Tax Due	Tax Rebate / Due 1
Federal Tax	$0.00	$1,342.00	$1,342.00
State Tax	$0.00	$894.87	$894.87
Medicare	$0.00	$362.50	$362.50
Social Security	$0.00	$1,550.00	$1,550.00

¹ A negative figure indicates that you have overpaid tax and that you are due a tax rebate.

Monthly Salary breakdown for $25,000.00

In the tax overview above, we show the illustration for a monthly take home pay as a straight 1/12th of your annual income. Not all employers calculate income this way. Some employers calculate your monthly income and pay monthly Federal / State taxes by diving your total annual income by the number of days in a year, then multiplying that daily amount to provide a monthly salary that changes each month depending on how many days there are in the month (28,29,30 or 31).

If your employer calculates you monthly salary in this way, the below calculator illustrates the amounts you should expect to pay in Federal Tax, State Tax, Medicare, Social Security and so on. The Tax and Take home example below for an annual salary of $25,000.00 is basically like a line by line payslip example.

Month (2019 days in month)	Income	Tax Deferred	Student loan interest deduction	Cafeteria / Other	Exemptions	Taxable Income	Federal tax	State Tax	Social Security	Medicare	Take home
January (31)	$2,123.29	$0.00	$0.00	$0.00	$1,036.16	$1,087.12	$113.98	$72.61	$131.64	$30.79	$1,774.27
February (28)	$1,917.81	$0.00	$0.00	$0.00	$935.89	$981.92	$102.95	$65.58	$118.90	$27.81	$1,602.57
March (31)	$2,123.29	$0.00	$0.00	$0.00	$1,036.16	$1,087.12	$113.98	$72.61	$131.64	$30.79	$1,774.27
April (30)	$2,054.79	$0.00	$0.00	$0.00	$1,002.74	$1,052.05	$110.30	$70.26	$127.40	$29.79	$1,717.04
May (31)	$2,123.29	$0.00	$0.00	$0.00	$1,036.16	$1,087.12	$113.98	$72.61	$131.64	$30.79	$1,774.27
June (30)	$2,054.79	$0.00	$0.00	$0.00	$1,002.74	$1,052.05	$110.30	$70.26	$127.40	$29.79	$1,717.04
July (31)	$2,123.29	$0.00	$0.00	$0.00	$1,036.16	$1,087.12	$113.98	$72.61	$131.64	$30.79	$1,774.27
August (31)	$2,123.29	$0.00	$0.00	$0.00	$1,036.16	$1,087.12	$113.98	$72.61	$131.64	$30.79	$1,774.27
September (30)	$2,054.79	$0.00	$0.00	$0.00	$1,002.74	$1,052.05	$110.30	$70.26	$127.40	$29.79	$1,717.04
October (31)	$2,123.29	$0.00	$0.00	$0.00	$1,036.16	$1,087.12	$113.98	$72.61	$131.64	$30.79	$1,774.27
November (30)	$2,054.79	$0.00	$0.00	$0.00	$1,002.74	$1,052.05	$110.30	$70.26	$127.40	$29.79	$1,717.04
December (31)	$2,123.29	$0.00	$0.00	$0.00	$1,036.16	$1,087.12	$113.98	$72.61	$131.64	$30.79	$1,774.27
Total	$25,000.00	$0.00	$0.00	$0.00	$12,200.00	$12,800.00	$1,342.00	$854.87	$1,550.00	$362.50	$20,890.63

Example Tax Calculation for $ 25,000.00 with line by Line Calculations

Are you earning $ 25,000.00 per year in Iowa? The tax calculation below shows exactly how much Iowa State Tax, Federal Tax and Medicare you will pay when earning $ 25,000.00 per annum when living and paying your taxes in Iowa. The $ 25,000.00 Iowa tax illustration uses standard assumptions for the tax calculation. This tax illustration is therefore a flat example of your tax bill in Iowa for the 2019 tax year.

In the following tables, we break down your tax return line by line to show how your tax is calculated including non-refundable tax deductions.

Your personal salary and tax calculations, see the table below for a full breakdown and analysis of your salary and tax commitments for 2019.

US Salary Tax Calculation for 2019 Tax Year based on annual salary of $25,000.00

Iowa State Tax Calculation

Annual Income for 2019 $25,000.00 Minus Federal Standard Deduction ($2,080.00) $22,920.00 Minus Federal Tax Paid ($1,342.00) $21,578.00 Iowa State Tax Tables Tax Rate Threshold Tax Due in Band 0.36% $0.00 to $1,598.00 $5.75 0.72% $1,598.00 to $3,196.00 $11.51 2.43% $3,196.00 to $6,392.00 $77.66 4.5% $6,392.00 to $14,382.00 $359.55 6.12% $14,382.00 to $23,970.00 $440.40 State Income Tax Total from all Rates $894.87 Minus Personal Exemption Tax Credit for Iowa ($40.00) $40.00 Total State Income Tax Due for Iowa $854.87

Considerations in this Iowa State tax calculation

• Iowa applies a tax credit rather than a Standard deduction. In this calculation, we deduct the Iowa state tax credit of $40.00 from your State Taxes Due.
• Iowa tax law stipulates that your Federal taxes may be deducted from your gross income for purposes of computing the State income tax.
  So S - F = Adjusted Taxable income for Iowa (where F = Full Federal Tax calculation and S = State taxable income for Iowa).
  In this tax example: $22,920.00 - $1,342.00 = $21,578.00
  So.. Revised State Taxable Income: $21,578.00

Federal Tax Calculation

Annual Income 2019 $25,000.00 Minus Standard Deduction ($12,200.00) $12,800.00 Minus Personal Exemption ($0.00) $12,800.00 Taxable Income 2019 $12,800.00 Income Tax Breakdown [ 2019 Tax Tables ] Tax Rate Threshold Tax Due in Band 10% $0.00 to $9,700.00 $970.00 12% $9,700.00 to $39,475.00 $372.00 Federal Income Tax Total from all Rates $1,342.00 Total Federal Income Tax Due $1,342.00 Federal Insurance Contributions Act tax (FICA) 2019 Social Security Rate 6.2% Social Security Compensation Limit $128,400.00 Social Security Maximum Tax $7,960.80 Social Security Tax Due $1,550.00 Medicare Tax Rate 1.45% Medicare Due $362.50 Take Home Pay for 2019 $20,890.63

What? Amount Minus Total Gross Annual Salary $25,000.00 Total Federal Income Tax Due $1,302.00 Total Iowa Income Tax Due $854.87 Social Security Tax Due $1,550.00 Medicare Due $362.50 Take Home Pay $20,890.63 Found an error? Please contact us, the salary calculator is run to support our users and community, your feedback, feature requests and advice ensures greater accuracy and continued support.

Tax Calculator Settings Federal Tax Tables 2019 State Tax Tables 2019 State for Tax Purposes Iowa Base Salary $25,000.00 Payment Frequency Annual Gross Income $25,000.00 Deduction Type Standard Filing Status Single Personal Exemption Phaseout 2019 $258,250.00 Number of Dependents 0 Number of Child Tax claims 0 Aged 50 to 65 (affects IRA ROTH and 401K Calculations) No Over 65 No Spouse Over 65 No Blind No Blind Spouse No Deaf, Blind or disabled Exemptions No Disabled Veteran Exemptions No 401K Entered $0.00 401K Limit in 2019 (under 50) $18,500.00 401K Limit in 2019 (over 50) $25,000.00 IRA Entered $0.00 IRA Limit in 2019 (under 50) $5,500.00 IRA Limit in 2019 (over 50) $1,000.00 Deferred Tax $0.00 Cafeteria $0.00 Earned Income Tax Credit $0.00 Federal Tax Withholdings $0.00 State Tax Withholdings $0.00 Medicare Withholdings $0.00 Social Security Withholdings $0.00

Note: This illustration is provided for information only, whilst every effort is taken to ensure their accuracy and we do actively maintain and update the salary calculator, the figures are for illustration only, always take professional advice before filing your return.