TaxBandits supports the filing of Form W-2 with both the Federal and State of Iowa . Also, TaxBandits supports the filing of Form 44-007 VSP.
A. Yes, the Iowa Department of Revenue requires the filing of the W2 Forms only if there is a state tax withholding.
A. Yes. Iowa has an additional requirement of Form 44-007 VSP (Withholding Annual VSP Report) to be filed only if there is a state tax withheld.
A. Form 44-007 VSP is an annual Verified Summary of Payments (VSP) used to report employee/payee earnings and Iowa state taxes withheld during the year.
A. The filing due date for both the Form W2 & VSP Form 44-007 with Iowa is February 15.
A. The State of Iowa mandates filing electronically if you are submitting one or more W2s.
A. A penalty of 10% will be added to the tax due for failure to file W2 forms if at least 90% of the correct amount of tax is not paid by the due date.