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                                                          2021 Iowa Property Tax Credit Claim 
                                Iowa Code section 425.16 and Iowa Administrative Code chapter 701--73 

Complete the following personal information: 
Your name: __________________________________             Spouse name: ________________________________  
Your Social Security Number: ____________________         Spouse Social Security Number: __________________  
Your birth date (MM/DD/YYYY): __________________          Spouse birth date (MM/DD/YYYY): ________________  
Street address:  _______________________________          City: ________________________________________  
State: __________________ ZIP: _________________          Telephone: ___________________________________  
Answer these questions to determine eligibility: 
1.  Are you currently an Iowa resident? .................................................................................... Yes ☐           No ☐ 
If “No,” stop. No credit is allowed. 
2.  Did you file a Property Tax Credit claim in 2020? ............................................................... Yes ☐                  No ☐ 
3a. Were you age 65 or older as of December 31, 2020? ........................................................ Yes ☐                         No ☐ 
3b. Were you totally disabled and age 18 to 64, as of December 31, 2020? See instructions.. Yes ☐                                            No ☐ 
4.  Were you a resident of a nursing home or care facility during 2020? See instructions ....... Yes ☐                                       No ☐ 
If “Yes,” are you renting out your homestead to someone else? ......................................... Yes ☐                                No ☐ 
5a. Is there more than one owner of your homestead? ............................................................. Yes ☐                      No ☐ 
5b. Do any of the owners live elsewhere? ................................................................................ Yes ☐              No ☐ 
If “Yes,” how many live elsewhere? ....................................................................................  
6.  Was part of your home rented or used for business purposes during 2020? ...................... Yes ☐                                     No ☐ 
If “Yes,” see instructions and enter the percentage here  ______ % 
7.  Was any part of the land in your homestead tract rented during 2020? .............................. Yes ☐                                No ☐ 
If “Yes,” how many acres were used exclusively by you? 
2020 Total household income for the entire year (For you and your spouse).  
Read instructions before completing. .................................................................. Use whole dollars only 
8.  Wages, salaries, unemployment compensation, tips, etc. ..................................                                   ,            .00 
9.  In-kind assistance for housing expense. .............................................................                         ,            .00 
                                                                                                                                ,            .00 
10. Title 19 benefits (excluding medical benefits). ....................................................                     
11. Social Security income (include any Medicare premiums withheld). ...................                                        ,            .00 
                                                                                                                             
12. Disability income. ................................................................................................         ,            .00 
                                                                                                                          
13. All pensions and annuities. .................................................................................               ,            .00 
                                                                                                                          
14. Interest and dividend income. .............................................................................                 ,            .00 
                                                                                                                          
15. Profit from business and/or farming and capital gain. 
If less than zero, enter 0......................................................................................                ,            .00 
16. Money received from others living with you ........................................................                         ,            .00 

17. Other income ......................................................................................................         ,            .00 
18. Total household income. Add amounts from lines 8-17. ...................................                                        ,        .00 

If $24,206.00 or greater, stop. No credit is allowed. 
I, the undersigned, declare under penalties of perjury or false certificate, that I have examined this claim, and, 
to the best of my knowledge and belief, it is true, correct, and complete. 
Your signature: ______________________________________________ Date: ______________________  
Return this form to your county treasurer on or before June 1, 2021, or, if the treasurer has extended the filing 
deadline, on or before September 30, 2021. The Director of Revenue may extend the filing deadline through 
December 31, 2022, for good cause. You may be contacted for additional information.
                                                                                                                                Page 254-001a (10/20/2020) 



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                                                          2021 Iowa Property Tax Credit Claim, page 2 

OFFICE USE ONLY           Treasurer’s office will complete this side of form when taxes are ready. 
Claimant name:  ______________________________ Parcel number: _____________________________  

                                Schedule for Rented Homestead Tracts 
Taxable valuation information for the schedule below may be obtained from city or county assessor’s office. 

A.  Number of acres in homestead tract. (From county land records) .................................. A. ____________  
B. Number of acres in homestead tract used exclusively by claimant as reported on  
   line 7. Do not include acres rented or rented on share ................................................... B. ____________ 
C. Taxable value as of January 1, 2020, of land in homestead used exclusively by  
   claimant. Do not include the value of land rented or rented on shares. .......................... C. ____________  
D. Taxable value as of January 1, 2020, of homestead buildings used exclusively by  
   claimant. Do not include the value of rented homestead building. .................................. D. ____________  
E. Total. Add lines C and D ................................................................................................. E. ____________  
F. Tax rate for taxes payable in fiscal year 2021-2022 ........................................................ F. ____________  
G. Multiply line E by line F ................................................................................................... G. ____________  
H. Enter any Agricultural Land Tax Credit and/or Family Farm Tax Credit received on  
   the land valuation as shown on line C ............................................................................. H. ____________  
I. Subtract line H from line G. Enter the amount here. This amount cannot exceed  
   claimant’s gross tax shown on line J below .................................................................... I. _____________  

                                           Credit Computation 
J.  Gross property tax due (include Homestead Credit) during the fiscal year 2021-2022. 
   (See instructions) ....................................................................................................    ,    .00 
                                                                                                               
K. Special assessments ..............................................................................................         ,    .00 
                                                                                                               
L.  Property tax base: If you have an amount on line I, add it to line K. (See instructions.)  
   If no amount on line I, add lines J and K. 
                                                                                                                              ,    .00 
   Enter this amount or $1,000, whichever is less. ...........................................................  
                                                                                                                             
M. Percent of property tax base used in computing credit, from the schedule below...............                                   % 
                                                                                                                               
                          If total household income from line 18, page 1 is: 
                                $      0.00   –   12,469.99, enter 100% 
                                12,470.00   –   13,936.99, enter 85% 
                                13,937.00   –   15,403.99, enter 70% 
                                15,404.00   –   18,337.99, enter 50% 
                                18,338.00   –   21,271.99, enter 35% 
                                21,272.00   –   24,205.99, enter 25% 
                                24,206.00 or greater, no credit is allowed. 
N. Tentative credit: Multiply line L by line M. ............................................................                  ,    .00 
                                                                                                               
O. Homestead Credit applicable to taxes payable in fiscal year 2021-2022. ............                                        ,    .00 
P. Property Tax Credit: Subtract line O from line N. .................................................         
                                                                                                                              ,    .00 
                                                                                                               
                                                                                                                              Page 254-001b (10/02/2020) 



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                                                           2021 Iowa Property Tax Credit Claim, page 3 

                          2021 Iowa Property Tax Credit Claim Instructions
Who is eligible?                                       Claimant instructions 
•  Iowa residents.                                     Line 3b: “Totally disabled” means: 
•  Total household income less than $24,206.00         •  You are unable to engage in any substantial 
•  One of the following applies:                        gainful employment; 
 o  Age 65 or older by December 31, 2020.              •  The unemployment is due to a physical or mental 
 o  Totally  disabled and  age  18 or  older by         impairment that is: 
  December 31, 2020.                                    o  Medically determined; and 
A claim for property tax credit may be filed on behalf  o  Expected to last 12 months or longer or result 
                                                           in death. 
of a deceased  person by the person’s  spouse, 
                                                       Current proof of disability must be included with your 
attorney, guardian,    or estate   executor      or 
                                                       claim. This must be: 
administrator.  To be eligible the deceased person 
                                                       •  A current statement  from the Veteran’s 
must have been an Iowa resident at the time of death. 
                                                        Administration that in 2020 you were receiving a 
If two or more persons occupying a home qualify for 
                                                        disability benefit due to 100% disability, or 
a credit, each person may file a claim based on each 
                                                       •
person’s income and each person’s share of property       A copy of the  current Social Security 
tax due. Married couples are considered  one            Administration  document stating the  date the 
household,  may file only one claim,  and must          disability began, or 
combine their incomes.                                 •  A written statement from your doctor noting the 
                                                        beginning date  of disability and whether the 
Mobile/Manufactured/Modular Homes                       disability is permanent or temporary. 
A claim  for property tax credit may be  filed if your 
mobile, manufactured, or modular home was              Claims without proper documentation will be 
assessed as real estate. If your mobile,               denied. Proof of disability is not required if you 
manufactured, or modular home was not assessed         were age 65 or older as of December 31, 2020. 
as real estate, you may claim a credit on the property Line 4: Mark “Yes” if you are a resident of a nursing 
taxes due on the land where the home is located, if    home or care facility. If not, mark “No.” If you are living 
you own the land.                                      in a nursing home or care facility, you are eligible for 
If your home is subject to the annual tax based on     the property tax credit on your homestead if it is not 
square footage, you  may be eligible  for a  reduced   being rented to someone else. If it is being rented, 
square  footage tax. Your county treasurer  has  the   you are not eligible to file a property tax credit claim, 
details on the Mobile/Manufactured/Modular Home        but you  may be able to  file a rent reimbursement 
Reduced Tax Rate Program.                              claim based upon the rent payment you made to the 
                                                       nursing home. 
Due date 
This claim must be filed with your county treasurer on Line 6: Mark “Yes” if part of your home was rented or 
or before June 1, 2021. The treasurer may extend the   used for business purposes during 2020. If not, mark 
filing deadline to September 30, 2021. The Director    “No.” If you marked “Yes,” you are entitled to a credit 
of Revenue may extend the filing deadline through      of property tax due on only that portion of the home 
December 31, 2022, for good cause.                     utilized as the dwelling place by you and your spouse. 
Additional information                                 If  you answered  “Yes”,  on  line 6,  calculate the 
The location of your county treasurer can be found at  percentage of property tax that is  allowable  for  a 
the Iowa Treasurers website: iowatreasurers.org.       credit by determining the square footage of the home 
                                                       that is utilized as the personal dwelling, in proportion 
For information about your Social Security benefits,   to the square footage of the entire home. Enter this 
go to  the Social Security Administration website:     percentage in the space provided below line 6. 
ssa.gov/myaccount. 
                                                       For example: if the square footage for personal use 
                                                       is 750, and  the total  square  footage is  1,000, the 
                                                       percentage is 75% (750 divided by 1,000 equals 75 
                                                       percent).                            

                                                                                            54-001c (10/15/2020) 



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                                                           2021 Iowa Property Tax Credit Claim, page 4 

2020 Household income                                     Line 16:  Money received  from others  -    Enter 
Household income includes  your  income  and your         money received from others living with you. Do not 
spouse’s income, if living together, and  monetary        include goods and services received. 
contributions received from any other person  living      Line 17: Other income - Enter total income received 
with you. If you and your spouse do not live together,    from the following sources: 
you may file separate claims.  If you received a          •  Child support and alimony payments. 
property tax credit in  2020,  do not report this as      •  Welfare payments.  Include  Family Investment 
income.  Income  reported for  the  purpose of this 
                                                           Program (FIP), children’s Supplemental Security 
application may be different than that reported on an 
                                                           Income (SSI), and all other welfare program cash 
income tax return. 
                                                           payments. Do  not include  foster grandparents’ 
Line  8:   Wages,       salaries,     unemployment         stipends or non-cash  government assistance 
compensation,  tips, etc.  -  Enter the  total wages,      (food,  clothing, food stamps, medical  supplies, 
salaries,  unemployment       compensation,       tips,    etc.). 
bonuses, and commissions received.                        •  Insurance income not reported elsewhere on this 
Line  9: In-kind assistance  - Enter any portion of        form. 
your housing expenses, including utilities, that were     •  Gambling  and all other income not reported 
paid for you. Do not enter Federal Energy Assistance.      elsewhere on this form. 
Line 10: Title 19 benefits  -     Enter your  Title 19    Treasurer’s instructions 
benefits received  for  housing only. Do not  include     A credit claimed on this form is for the 2021/2022 
medical benefits. If you live in a nursing home or care   Fiscal Year. 
facility,  contact  the administrator for the amount  to  Line C: Follow the steps below. 
enter, or:                                                1.  Obtain  the  taxable value of the land in  the 
•  Enter 20% of your benefits if you lived in a nursing    homestead for January 1, 2020, from the city or 
  home, or                                                 county assessor’s office. 
•  Enter 40% if you lived in a care facility.             2.  Divide line B by line A. 
Line 11: Social Security income -         Enter the total 3.  Multiply the result in step 2  by the number in  
Social Security benefits received,  even if not            step 1. 
reportable  for income tax purposes. Include any          4.  Enter the result in step 3 on Line C. 
Medicare premiums withheld.                               Line D: Obtain the taxable value of the homestead 
Line 12: Disability income - Enter the total received     buildings for January 1, 2020, from the city or county 
for disability or injury compensation, even if not        assessor’s office.  Multiply this number  by the 
reportable for income tax purposes.                       percentage provided by the claimant on line 6 of the 
                                                          form. Enter the result on line D. 
Line 13: All pensions and annuities - Enter the total 
received  from pensions  and annuities.  Include          Line  J: If line 5b was answered  “Yes”  enter the 
retirement pay for  military service,  even if not        prorated gross property tax on line J or, if applicable, 
reportable for income tax purposes.                       the prorated property  tax  base on  line L.  
                                                          Example: There are three owners of a home, but only 
Line 14: Interest  and dividend income  -     Enter 
                                                          two of the owners reside there. The gross property 
taxable interest income, plus all interest income from    taxes equal $1,800.  The prorated amount to be 
federal, state, and  municipal securities.  Include 
                                                          entered on line J is $1,200, [($1,800 / 3) x 2 = $1,200]. 
taxable dividends and distributions received,  cash 
                                                          Alternatively, each person may  file a  claim 
dividends and  dividends paid in the  form of 
                                                          individually  using their share of the property taxes. 
merchandise or other property and report at  fair 
                                                          Prorate the Homestead Credit proportionately among 
market value. 
                                                          the claimants. 
Line 15: Profit from business and/or farming and                 This percentage is to be used in computing 
                                                          Line L:
capital gain  -     Enter  profit from business  and/or 
                                                          the amount  to enter on line J or, if applicable, the 
farming, and any gain received from the  sale  or 
                                                          prorated property tax base  on line  L. This 
exchange of capital assets. Capital losses are limited 
                                                          computation will adjust the taxes on the land in the 
to the same amount  reportable for  income tax 
                                                          homestead in the same proportion. 
purposes. Any loss must be offset against gain, and 
a net loss must be reported as zero .
                                                                                               54-001d (08/17/2020) 






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