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Category: Idaho
28 Articles
Orange arrow Can I deduct my insurance premiums on my Idaho return?

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  Health Insurance Premiums Deduct premiums you paid for health insurance for yourself, your spouse, and your dependents if those premiums have not already been deducted or excluded from your income. If you claimed a deduction for health insurance premiums on your federal Form 1040, Schedule A, cal...
Posted in: States, Idaho

Orange arrow Can I deduct my Idaho retirement benefits?

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  Retirement Benefits Deduction for Qualified Retirement Benefits You may be able to deduct some of the qualifying retirement benefits and annuities you receive. The Idaho Retirement Benefits Deduction has a two-part qualification. You must qualify for both parts to receive this deduction. Part...
Posted in: States, Idaho

Orange arrow What Idaho voluntary contributions can I select on my return?

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  Idaho Nongame Wildlife Fund Contributions are used to ensure the conservation and management of nongame wildlife, rare plants, and their habitats in Idaho, to promote greater awareness of and appreciation for species that aren’t hunted, fished or trapped and to increase opportunities to vie...
Posted in: States, Idaho

Orange arrow Idaho Payment Options

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  Don't send cash. Payments of less than $1 aren't required. We charge a $20 fee on all returned checks. Use our fast and easy Quick Pay option to make online payments at tax.idaho.gov/quickpay. If you’re mailing a payment without a return (return was e-filed), send your payment with Fo...
Posted in: States, Idaho

Orange arrow I owe Idaho taxes. What are my payment options?

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  Don't send cash. Payments of less than $1 aren't required. A $20 charge will be imposed on all returned checks. Electronic payments. There's no fee when paying by ACH Debit. If you pay by credit card or e-check, our third-party provider will charge a convenience fee. American Express, Discover, Ma...
Posted in: States, Idaho

Orange arrow Are you required to file an Idaho return?

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  • Every Idaho resident who must file a federal income tax return • Every part-year resident with a total of more than $2,500 gross income from: All sources while a resident and Idaho sources while a nonresident • Every nonresident with more than $2,500 gross income fro...
Posted in: States, Idaho

Orange arrow How do I determine my residency status for Idaho?

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  Are you a resident, a nonresident, or a part-year resident? The following will help you decide: You are an Idaho resident, even though you live outside Idaho, if the following are true: You think of Idaho as your permanent home Idaho is the center of your financial, social, and family life Id...
Posted in: States, Idaho

Orange arrow How do I calculate Idaho tax penalties?

1363 views
  Penalty and Interest Idaho law provides penalties for not filing tax returns by the due date, not paying tax due on time and not prepaying enough on extension returns. For more information or to calculate a penalty, see our Penalties and Interest page at tax.idaho.gov/penalties. Interest We ch...
Posted in: States, Idaho

Orange arrow Do I owe Idaho sales/use tax?

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  Sales/Use Tax DueIf you made purchases during the year without paying sales tax, you must pay use tax on these purchases. Examples include magazine subscriptions, out-of-state catalog purchases, merchandise purchased over the internet, book and record club items, purchases in a state where no sales...
Posted in: States, Idaho

Orange arrow Idaho Subtractions

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  Idaho Net Operating Loss (NOL) Carryover and Carryback Enter the Idaho NOL carryover. Include Form 56 or a schedule showing the application of the loss. If this is an amended return to claim an NOL carryback, enter the amount of the NOL carryback. Include Form 56 or a schedule showing the applica...
Posted in: States, Idaho

Orange arrow Idaho Additions

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  Federal Net Operating Loss (NOL) Deduction Generally the allowable federal NOL carryover isn’t the same amount allowed on the Idaho return. Enter any NOL carryover included on your federal return. You’ll claim the allowable Idaho NOL carryover as a subtraction on Part B, line 1. Cap...
Posted in: States, Idaho

Orange arrow How Do I Calculate Idaho Net Operating Loss?

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  A net operating loss (NOL) occurs when the amount of Idaho taxable income, after making modifications, is less than zero. Idaho calculates the Idaho NOL differently than the federal NOL, so you must always add back the NOL claimed on your federal income tax return. Idaho allows a deduction to indiv...
Posted in: States, Idaho

Orange arrow When would I use Idaho recapture of Idaho investment tax credit form 49R?

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  Use Form 49R to compute the increase in tax and reduction to credit carryover for the recapture of investment tax credit. You must recompute the credit if you earned it in an earlier year, but disposed of the property before the end of the five-year recapture period. You must also recompute the c...
Posted in: States, Idaho

Orange arrow Idaho Fuels Use Report Form 75

2263 views
  Who Can Use This Form Refund Claim. Any person or entity purchasing and consuming Idaho tax-paid fuel for a nontaxable purpose can claim a refund when using: • Gasoline (50 gallons or more). • Special fuels (any quantity) includes diesel, biodiesel, biodiesel blends or tax-paid gaseous...
Posted in: States, Idaho

Orange arrow Idaho Credits

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  Income Tax Paid to Other States When both Idaho and another state tax the same income, you may qualify for a credit for tax paid to the other states. Use Form 39R to compute the credit. You must include a copy of the other state’s income tax return and Form 39R. If credit applies to more th...
Posted in: States, Idaho


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