135.020. Credits, how applied, considered overpayment, when.
Credits, how applied, considered overpayment, when.
135.020. A credit for property taxes shall be allowed forthe amount provided in section 135.030. If the amount allowableas a credit exceeds the income tax reduced by other credits, thenthe excess shall be considered an overpayment of the income tax.
(L. 1973 H.B. 149, et al.)Effective 10-1-73