Adjustments to current year income due to charitable contributions reclassified to net operating loss for 1120 Iowa
The State of Iowa prefers the adjustment appear on
Schedule A, line 4
, as a reduction, regardless of the filing status of the return. The amount of the contribution that has been reclassified to NOL for federal purposes displays on this line. The extent to which the contribution was reclassified for federal AMT purposes is displayed in the amount on Schedule IA 4626, line 2
.
