Idaho State Tax Commission

Idaho State Tax Commission

Latest Tax Commission News

Idaho conforms to federal Internal Revenue Code

Idaho law conforms to the Internal Revenue Code (IRC) as of Jan. 1, 2016. See House Bill 425 signed by Governor Otter on February 9, 2016.

  • Idaho conforms to the IRC section 179 expense provisions. You can claim the IRC section 179 expense on your Idaho return to the extent you claim this deduction on your federal income tax return. 
  • Idaho doesn’t conform to bonus depreciation.  

Since Congress extended the federal provisions for a general sales tax deduction, as well as tuition and related expenses, you can report these expenses as follows:  

  • Report a deduction for state and local sales tax on: Form 40, line 14, or Form 43, line 34.
  • Report qualified tuition and related expenses on: Form 40—these items will be part of your federal adjusted gross income (AGI), or Form 43, line 22

Idaho conforms to the new federal repair regulations but doesn’t require documentation of that change other than what’s required at the federal level.  

Published 02-09-2016 | Permanent link to this news item
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Half a million taxpayers may be able to e-file for free

BOISE, IDAHO — Feb. 3, 2016 — Taxpayers who want to file both their federal and state income tax returns online for free should visit the Idaho State Tax Commission website at tax.idaho.gov and click on the “Free individual income tax e-file” link (under the “Quick Picks” section). (Read more)

Published 02-03-2016 | Permanent link to this news item
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Decisions posted to the website in December 2015 and January 2016

The following decisions were posted to the website in December 2015 and January 2016.

The decisions were issued in September 2015:

Individual

 

Sales

 

Corporation

 

 

If you have any problems with viewing these decisions, please let me know.

Thank you,

Adrienne Yates • Admin Assistant
Idaho State Tax Commission • Tax Policy
Phone: (208) 334-7543 • Fax: (208) 334-7844
Email: adrienne.yates@tax.idaho.gov

Published 01-29-2016 | Permanent link to this news item
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Tax Commission steps up fraud detection and prevention efforts

BOISE, IDAHO — Jan. 27, 2016 — Because identity theft is a very real and increasing threat, the Idaho State Tax Commission has partnered with the Internal Revenue Service (IRS) and the tax software industry to develop stronger fraud detection and prevention tools for all aspects of the tax filing process in 2016. (Read more)

Published 01-27-2016 | Permanent link to this news item
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You may qualify for a grocery credit refund even if you don’t earn enough to file taxes

BOISE, IDAHO — Jan. 20, 2016 — Idaho residents who don’t normally make enough money to file an income tax return can still get a refund of the grocery tax credit for 2015. The tax credit, which offsets the sales tax on groceries, is $100 for most Idaho residents who aren’t required to file an income tax return, plus $100 for each of their dependents. Residents age 65 and older get $20 more. (Read more)

Published 01-20-2016 | Permanent link to this news item
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January 2016 Tax Update newsletter now online

The January 2016 edition of Tax Update, the Tax Commission's online newsletter for the business community, is now available online. Its articles cover withholding tips for employers, FAQs for using Taxpayer Access Point (TAP), security enhancements for filing income taxes, and links to new and updated Web pages, documents, and reports.

Published 01-15-2016 | Permanent link to this news item
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