I was wondering how long it's taken ppl to get their Iowa tax return back? I got my federal return 22 days ago and still haven't received my Iowa refund. Just curious Thanks
Your BTW is not a hard and fast truth. I owe a $1000+ this year to federal due to a number of factors but no penalty. I also owed last year, a much smaller amount, and no penalty. You may want to review your tax prep software or have another visit with your preparer. And, your circumstances may have been different from mine of course.Always have to pay State Tax....Failed to update my W-4, with losing 2 dependents last year and wife making extra $ last year due to pandemic. Nearly an $8K swing in tax liability with a refund in 2021 to owing 2022 for Federal and State. Switched to filing separately and reduced the sting considerably on the state portion.
BTW: Also found out the IRS does not care that you got a refund the previous year, if you don't withhold enough, they assess a penalty...Bunch of BS if you ask me.