[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-303954-105":53,"doc-detail-303954-en":127},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":120,"head_meta":122,"extra_data":124,"updated_unix":126},105,"en","2022-ia-4562a-instructions-depreciation-adjustments-for-iowa-tax","2022 IA 4562A Instructions - Depreciation Adjustments for Iowa Tax","","2022 IA 4562A provides Iowa depreciation adjustment guidance for taxpayers who claimed depreciation or section 179 expense in prior years and must adjust Iowa amounts for assets with federal basis differences. It explains when bonus depreciation reduces the need for Iowa changes for tax years starting on or after January 1, 2021. It directs completion of Part II and Part III, including calculation of Iowa and federal depreciation totals, subtraction adjustments, and reporting the resulting net income adjustment on the tax return.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":46,"@type":70,"position":76},"https://docshare.wps.com/template/paper-templates/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/2022-ia-4562a-instructions-depreciation-adjustments-for-iowa-tax/303954/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/2022-ia-4562a-instructions-depreciation-adjustments-for-iowa-tax/303954.png","ImageObject",442,249,{"name":88,"@type":89},"Gelato","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-03","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",6,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"When is Form 2022 IA 4562A required for Iowa depreciation adjustments?","Question",{"text":109,"@type":110},"It is required when depreciation was claimed and Iowa depreciation adjustments were made to the same property in previous years, when property was disposed during the year with prior Iowa adjustments, or for specific section 179, depreciation method, like-kind exchange, and cost recovery situations described in the instructions.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"Do Iowa depreciation adjustments apply when bonus depreciation was taken for federal purposes after January 1, 2021?",{"text":114,"@type":110},"For tax years beginning on or after January 1, 2021, Iowa fully conforms with federal bonus depreciation under IRC § 168(k), so no adjustments are required on this form for qualifying property if bonus depreciation was taken federally.",{"name":116,"@type":107,"acceptedAnswer":117},"How are the adjustments to net income calculated in Part III?",{"text":118,"@type":110},"Part III requires summing amounts from Part I columns E and F, summing amounts from Part I columns H and I, computing adjustment to depreciation by subtracting line 2 from line 1, adding the Part II column F amount, and then reporting the combined total on the tax return.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},303954,1790367413,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":45,"category_name":46,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":136,"language":137,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":61,"update_tm":141,"read_time":76},19241457091524,"https://us-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c","2022 IA 4562A, page 2   \nPart II-Disposition adjustments  \nIf you have disposed of property and an Iowa depreciation adjustment was applied to this property, continue with Part II; otherwise, skip to Part III.  \nA Description of property sold or disposed  \nB  \nDate placed in service MM/DD/YY  \nC Date sold or disposed MM/DD/YY  \nD Total Iowa depreciation + sec. 179 expense + like-kind adjustment taken  \nE Total federal depreciation + sec. 179 expense taken  \nF Adjustment  \n(subtract column E from column D)  \nTotal amounts in column F. .............................................  \n􀁘 00  \nPart III-Summary of adjustments to net income  \n1. Enter the sum of amounts from Part I, columns E and F .........................................................................................................................................  \n2. Enter the sum of amounts from Part I, columns H and I ..........................................................................................................................................  \n3. Adjustment to depreciation. Subtract line 2 from line 1 ............................................................................................................................................  \n4. Enter the amount from Part II, column F ..................................................................................................................................................................  \n5. Add lines 3 and 4. This amount must be reported on your tax return.  \nSee table in Part III of the instructions for specific form and line references............................................................................................................  \nInclude this form with your Iowa tax return.  \n􀁘 1 00  \n􀁘 2 00  \n􀁘 3 00  \n􀁘 4 00  \n􀁘 5 00  \n41-105b (09/08/2022)  \n2022 IA 4562A Instructions, page 1  \n2022 IA 4562A Instructions  \nImportant Note: For tax years beginning on or after January 1, 2021, Iowa fully conforms with bonus depreciation under IRC § 168(k) . No adjustments are required on this form for property placed in service during a tax year that begins on or after January 1, 2021 if bonus depreciation was taken on the property for federal purposes. Iowa depreciation adjustments may still be required for assets placed in service during a tax year that began before January 1, 2021 as described below.  \nThis form must be completed if taxpayer:  \n• Claimed depreciation during the tax year on property and Iowa depreciation adjustments were made to that same property in previous tax years.  \nNote: See IA 1040 expanded instructions for a complete list of years in which depreciation adjustments were required.  \n• Disposed of property during the tax year, and Iowa depreciation adjustments were made to the property in previous tax years.  \n• Claimed the federal section 179 expense in excess of $25,000 for tax years beginning on or after January 1, 2003, but beginning before January 1, 2006, and the taxpayer chose to claim no more than $25,000 for Iowa tax purposes.  \n• Claimed the federal section 179 expense in excess of $133,000 for tax years beginning on or after January 1, 2009, but before January 1, 2010.  \n• Claimed 5-year depreciation on certain new farming machinery and equipment purchased in 2009.  \n• Placed property used in a farming business in service after December 31, 2017, and before January 1, 2019, and used the 200% declining balance method for federal purposes. Taxpayers are required to use the 150% declining balance method on such property for Iowa purposes.  \n• Claimed the federal section 179 expense in excess of $25,000 for tax years beginning on or after January 1, 2016, but before January 1, 2018.  \n• Claimed the federal section 179 expense in excess of $70,000 for tax years beginning on or after January 1, 2018, but before January 1, 2019.  \n• Claimed the federal section 179 expense in excess of $100,000 for tax years beginning on or after January 1, 2019, but before January ","cbCaihdISvZ2bjf4","https://ap.wps.com/l/cbCaihdISvZ2bjf4","pdf",1429686,8,"English","# Part II-Disposition adjustments\n## A Description of property sold or disposed\n## B Date placed in service\n## C Date sold or disposed\n## D Total Iowa depreciation + sec. 179 + like-kind adjustment\n## E Total federal depreciation + sec. 179\n## F Adjustment and totals\n# Part III-Summary of adjustments to net income\n## Adjustment to depreciation and reporting requirement","[{\"question\":\"When is Form 2022 IA 4562A required for Iowa depreciation adjustments?\",\"answer\":\"It is required when depreciation was claimed and Iowa depreciation adjustments were made to the same property in previous years, when property was disposed during the year with prior Iowa adjustments, or for specific section 179, depreciation method, like-kind exchange, and cost recovery situations described in the instructions.\"},{\"question\":\"Do Iowa depreciation adjustments apply when bonus depreciation was taken for federal purposes after January 1, 2021?\",\"answer\":\"For tax years beginning on or after January 1, 2021, Iowa fully conforms with federal bonus depreciation under IRC § 168(k), so no adjustments are required on this form for qualifying property if bonus depreciation was taken federally.\"},{\"question\":\"How are the adjustments to net income calculated in Part III?\",\"answer\":\"Part III requires summing amounts from Part I columns E and F, summing amounts from Part I columns H and I, computing adjustment to depreciation by subtracting line 2 from line 1, adding the Part II column F amount, and then reporting the combined total on the tax return.\"}]","2022 IA 4562A Instructions - Depreciation Adjustments for Iowa Tax | PDF",1789808539]