Iowa Admin. Code r. 261-66.3

Current through Register Vol. 47, No.14, January 8, 2025

Rule 261-66.3 - Eligibility criteria

In order to be eligible to receive the assistive device tax credit, a small business must:

1. Be located in the state of Iowa.

2. Employ not more than 14 full-time employees or have gross receipts of no more than $3 million during its preceding tax year.

3. Purchase, rent or modify an assistive device or make workplace modifications for an individual with a disability who is employed or will be employed by the business.

Iowa Admin. Code r. 261-66.3