Iowa Admin. Code r. 701-40.77

Current through Register Vol. 47, No. 6, September 18, 2024

Rule 701-40.77 - Exclusion of biodiesel production refund

A taxpayer may exclude, to the extent included in federal adjusted gross income, the amount of the biodiesel production refund described in rule 701-250.1 (423).

This rule is intended to implement Iowa Code section 422.7.

Iowa Admin. Code r. 701-40.77

ARC 9821B, lAB 11/2/11, effective 12/7/11

Amended by IAB September 22, 2021/Volume XLIV, Number 6, effective 10/27/2021