Collect tax in Iowa
Learn how to use Stripe Tax to calculate, collect, and report tax in Iowa.
When to register for tax collection
See Thresholds to get insights about your potential tax registration obligations in Iowa. Stripe also notifies you with email and Dashboard alerts when you need to register to collect tax. Learn more about how the monitoring tool works.
Sellers that meet the sales thresholds must register for an Iowa sales tax permit, collect sales tax on sales that ship into Iowa, and remit that sales tax to the state. For those under the threshold, it’s voluntary, but you can register for an Iowa Retailer’s Use Tax (RUT) permit (also voluntary). If you’ve already registered for the RUT and go over the economic threshold, you’ll need to cancel your RUT and register for an Iowa sales tax permit.
Threshold: 100,000 USD
Period: Previous or current year
Included transactions: Gross sales
Effective date: 1 January 2019
Register to collect tax
Register for sales tax in Iowa at the tax authority. Read more about registering for sales tax in the US. You can also use Stripe to register on your behalf.
After you’ve registered to collect tax in Iowa, go to Registrations to add your registrations to Stripe in the Dashboard. This turns on tax calculation and collection in Stripe for your transactions in Iowa.
Learn how to add your registration in the Dashboard.
How we calculate taxes
Stripe calculates the taxes that apply to your customer’s location.
Report and file your taxes
Stripe provides reports of your completed tax transactions. Go to Registrations to access these reports.
Exports
The tax transaction data export provides a comprehensive and aggregated view of transactions by location, including a breakdown of individual tax amounts. Learn more about tax reporting exports.
Location reports
Location reports offer a summary of transaction and refund data for specific US locations and align with Iowa filing requirements. You have the option to report on an annual, quarterly, or monthly basis.
Filing
You are responsible for filing and remitting your taxes to Iowa. Stripe doesn’t file taxes on your behalf. For automating filing in the US, we recommend using TaxJar’s AutoFile solution.