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Medicaid is a comprehensive, free health insurance program (offered through a partnership between states and the Federal government) for people when they have limited income. Eligibility for Medicaid is based on your current income (vs eligibility for marketplace subsidies, which is based on your estimated total annual income for 2024). Medicaid programs vary from state to state, but most health care services are covered at little or no cost and no premium is charged. If you are eligible for Medicaid, then you would not be eligible for subsidies in the Marketplace and would instead need to sign up for Medicaid.

On May 30, 2018, Iowa Governor Kim Reynolds signed Senate File 2417 (SF 2417), an extensive state tax reform bill to improve the tax structure in Iowa. This law modernizes and expands the types of businesses required to collect Iowa sales tax and local option sales tax. Specifically, marketplace facilitators and remote sellers that exceed a certain amount of revenue or transactions must charge Iowa sales tax and applicable local option sales tax the same as retailers with a physical presence in Iowa. The 2019 legislature modified those new requirements.

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Marketplace facilitators must begin collecting Iowa sales tax and applicable local option sales tax on January 1, 2019 if the marketplace facilitator made or facilitated Iowa sales of tangible personal property, services, or specified digital products into Iowa equal to or exceeding $100,000 in calendar year 2018.

Example: Marketplace M is a marketplace facilitator that collects Iowa sales tax and applicable local option sales tax on Iowa sales facilitated through M's marketplace. Seller S lists soccer balls for sale on M's marketplace. A purchaser in Iowa buys a soccer ball listed by S on M's marketplace. The soccer ball is delivered to the purchaser's home address in Iowa. M must collect Iowa sales tax and applicable local option sales tax on the sale of the soccer ball. The outcome is the same regardless of whether S is located in Iowa and regardless of S's Iowa sales volume.

If a marketplace seller only makes retail sales in Iowa through a marketplace and the marketplace facilitator collects Iowa sales tax and applicable local option sales tax, the marketplace seller does not need to obtain an Iowa sales tax permit or file Iowa sales tax returns. Iowa sales tax will be reported and paid on a sales tax return filed by the marketplace facilitator.

If a marketplace facilitator did not meet the economic nexus threshold in calendar year 2018 (and is therefore not required to collect Iowa sales tax beginning January 1, 2019), and the marketplace seller exceeded the thresholds in calendar year 2018, the marketplace seller must collect Iowa sales tax and applicable local option sales tax on retail sales made on the marketplace. Marketplace sellers should contact the marketplaces on which they make sales to determine when the marketplace will begin collecting Iowa sales tax and applicable local option sales tax.

Example: Seller C is an Iowa-based business, with property and personnel located in Iowa. Seller C has $80,000 in gross revenue from Iowa sales. Seller C makes $10,000 of gross revenue from Iowa sales through a marketplace facilitator that collects Iowa sales tax and applicable local option sales tax. The remaining $70,000 in gross revenue comes from Iowa sales made directly through Seller C from its physical location in Iowa. Seller C must collect and remit Iowa sales tax and applicable local option sales tax on the $70,000 in non-marketplace sales. On its Iowa sales tax ;return, Seller C should report $80,000 in gross sales. Seller C may take a deduction of $10,000 for sales on which the marketplace collected Iowa sales tax and applicable local option sales tax.

Marketplace Seller: a seller that makes retail sales through a marketplace facilitator, regardless of whether the seller is a remote seller or a retailer with a physical presence in Iowa.

If you answered yes to both of these questions, you are likely a marketplace facilitator and are required to obtain a sales tax permit to remit tax collected at your event. For full details about how an entity qualifies as a marketplace facilitator, please review Iowa Code section 423.14A.

If you are not a marketplace facilitator, you need to register your special event in accordance with Iowa Code section 423.33(3). Please complete the following Special Events Sponsor Registration Form. For more information about responsibilities of sponsors and vendors of special events, view Special Events - Sales/Use Tax Permits.

Depending on its activities, one business can be a marketplace facilitator, a marketplace seller, a remote seller, or any combination of the three. There are different tax responsibilities depending on which definition a business fits.

The Department of Revenue is currently developing a rule for Marketplace Fairness. For the latest developments, including any public rule hearings, check the rulemaking agenda for marketplace fairness collecting and reporting. 2351a5e196