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Income Taxes (Tables)
 9 Months Ended
Sep. 30, 2024
Income Taxes [Line Items]  
Schedule Of Effective Income Tax Rates Overall effective income tax rates for the three and nine months ended September 30, which were computed by dividing income tax expense (benefit) by income before income taxes, were as follows. The effective income tax rates were different than the federal statutory rate primarily due to state income taxes, production tax credits, investment tax credits, amortization of excess deferred taxes and the effect of rate-making on property-related differences. Also impacting Alliant Energy’s and IPL’s effective income tax rates for the nine months ended September 30, 2024 were the pre-tax non-cash charge of $60 million for IPL’s Lansing Generation Station discussed in Note 2 and the pre-tax non-cash charge of $20 million for the portion of recorded AROs allocated to IPL’s steam business discussed in Note 11.
Alliant EnergyIPLWPL
Three MonthsNine Months Three MonthsNine Months Three MonthsNine Months
202420232024202320242023202420232024202320242023
Overall income tax rate(27%)2%(24%)1%(56%)(22%)(70%)(20%)3%16%5%15%
Summary Of Tax Credit Carryforwards At September 30, 2024, the carryforwards and expiration dates were estimated as follows (in millions):
Range of Expiration DatesAlliant EnergyIPLWPL
State net operating losses2025-2044$367$6$1
Federal tax credits2033-2044622435175
IPL [Member]  
Income Taxes [Line Items]  
Schedule Of Effective Income Tax Rates Overall effective income tax rates for the three and nine months ended September 30, which were computed by dividing income tax expense (benefit) by income before income taxes, were as follows. The effective income tax rates were different than the federal statutory rate primarily due to state income taxes, production tax credits, investment tax credits, amortization of excess deferred taxes and the effect of rate-making on property-related differences. Also impacting Alliant Energy’s and IPL’s effective income tax rates for the nine months ended September 30, 2024 were the pre-tax non-cash charge of $60 million for IPL’s Lansing Generation Station discussed in Note 2 and the pre-tax non-cash charge of $20 million for the portion of recorded AROs allocated to IPL’s steam business discussed in Note 11.
Alliant EnergyIPLWPL
Three MonthsNine Months Three MonthsNine Months Three MonthsNine Months
202420232024202320242023202420232024202320242023
Overall income tax rate(27%)2%(24%)1%(56%)(22%)(70%)(20%)3%16%5%15%
Summary Of Tax Credit Carryforwards At September 30, 2024, the carryforwards and expiration dates were estimated as follows (in millions):
Range of Expiration DatesAlliant EnergyIPLWPL
State net operating losses2025-2044$367$6$1
Federal tax credits2033-2044622435175
WPL [Member]  
Income Taxes [Line Items]  
Schedule Of Effective Income Tax Rates Overall effective income tax rates for the three and nine months ended September 30, which were computed by dividing income tax expense (benefit) by income before income taxes, were as follows. The effective income tax rates were different than the federal statutory rate primarily due to state income taxes, production tax credits, investment tax credits, amortization of excess deferred taxes and the effect of rate-making on property-related differences. Also impacting Alliant Energy’s and IPL’s effective income tax rates for the nine months ended September 30, 2024 were the pre-tax non-cash charge of $60 million for IPL’s Lansing Generation Station discussed in Note 2 and the pre-tax non-cash charge of $20 million for the portion of recorded AROs allocated to IPL’s steam business discussed in Note 11.
Alliant EnergyIPLWPL
Three MonthsNine Months Three MonthsNine Months Three MonthsNine Months
202420232024202320242023202420232024202320242023
Overall income tax rate(27%)2%(24%)1%(56%)(22%)(70%)(20%)3%16%5%15%
Summary Of Tax Credit Carryforwards At September 30, 2024, the carryforwards and expiration dates were estimated as follows (in millions):
Range of Expiration DatesAlliant EnergyIPLWPL
State net operating losses2025-2044$367$6$1
Federal tax credits2033-2044622435175