Iowa HF794 makes sports wagering winnings subject to state and federal income tax withholdings.
Iowa HF794 amends state income tax laws to include winnings from sports wagering as Iowa earned income, subject to both state and federal income tax. If federal income tax is withheld from these winnings, the bill mandates that state income tax also be withheld. The changes will take effect on January 1, 2026.
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