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You may want to itemize if your Itemized Deductions will exceed the amount of your standard deduction.
For tax year 2003, the Iowa standard deduction is: If filing status 1, enter the lesser of $1,550 or the amount on line 36. If filing status 3 or 4, each spouse enters the lesser of $1,550 or the amount on line 36. If filing status 2, 5 or 6 is marked, enter the lesser of $3,830 or the amount on line 36.
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