Rule 701-302.63 - Exclusion of Income From Military Student Loan Repayments

Iowa Admin. Code r. 701-302.63

in: Rule 701-302.63 - Exclusion of Income From Military Student Loan Repayments

Previous Rule 701-302.62 - Deduction for Overnight Expenses Not Reimbursed for Travel Away From Home of More Than 100 Miles for Performance of Service as a Member of the National Guard or Armed Forces Military Reserve Next Rule 701-302.64 - Exclusion of Death Gratuity Payable to an Eligible Survivor of a Member of the Armed Forces, Including a Member of a Reserve Component of the Armed Forces Who Has Died While on Active Duty

IAC

701—302.63(422) Exclusion of income from military student loan repayments. Individuals serving on active duty in the national guard, armed forces military reserve or the armed forces of the United States may subtract, to the extent included in federal adjusted gross income, income from military student loan repayments made on or after January 1, 2003.

This rule is intended to implement Iowa Code section 422.7 as amended by 2003 Iowa Acts, House File 674 .

[Editorial change: IAC Supplement 11/2/22]

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