Category: Tax Pros
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Wasden and Idaho Tax Commission issue joint alert over tax scam targeting Idahoans
January 20, 2022
Attorney General Lawrence Wasden and the Idaho State Tax Commission are warning Idahoans about a scam targeting taxpayers. Individuals have reported receiving threatening letters from the so-called “Tax Processing Center” or “Tax Processing Unit,” claiming the State of Idaho will seize individuals’ property and garnish their wages for unpaid taxes. The letters are the latest […]
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File Idaho income tax returns starting Jan. 24
January 19, 2022
The Idaho State Tax Commission starts processing 2021 Idaho individual income tax returns on Monday, January 24. The Internal Revenue Service begins processing federal returns the same day. E-filing your return is the safest and easiest way to file. It’s also the quickest way to receive a refund. Using direct deposit for your refund gets the […]
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Employers can e-file 967 forms today
January 14, 2022
The deadline for filing the Form 967, Idaho Annual Withholding Report is January 31. Employers can file online today by logging into their Taxpayer Access Point (TAP) account to file Form 967 and W-2s. This is the fastest way to submit the information. The Tax Commission is also mailing hard copies of the report to employers. The copies should […]
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Free webinar offers tips for filing 2021 income taxes
January 12, 2022
Filing income taxes doesn’t have to be confusing. Get tips for completing your federal and Idaho tax returns at a free webinar presented by the Idaho State Tax Commission and the federal Taxpayer Advocate Service. The “Tips for Filing Income Taxes” webinar runs in January and February. Attend the session on Wednesday, January 19, 9 a.m. […]
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2022 W-4 available; review your withholding now
January 6, 2022
The Idaho Form ID W-4 for 2022 is now available on our website at tax.idaho.gov/w4. Make sure you have the right amount of income taxes withheld from your paycheck. Review your W-4 withholding at least once a year or more often to account for changes in your life. Some life changes include: Getting married, divorced, or having […]
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2021 income tax forms now available
January 4, 2022
Get a head start on your tax preparations by checking out the individual and business Idaho income tax forms for 2021 that are now available on our website. The forms are fillable PDFs.
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More SALT guidance
December 20, 2021
Governor Little signed House Bill 317 into law on April 15, 2021. This new law allows certain pass-through entities to annually elect and pay an elective tax in the amount of 6.5% of the pro-rata or distributive share of the entity’s partners, shareholders, or members. The partners, shareholders, and members then receive a tax credit […]
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UPDATED: SALT workaround payment due Dec. 31, 2021
December 15, 2021
According IRS Notice 2020-75, pass-through entities that want to deduct the state and local tax (SALT) payment from their 2021 income on their federal tax return need to send the payment to the Idaho State Tax Commission by December 31, 2021. To pay online, use the Tax Commission’s Quick Pay option at tax.idaho.gov/quickpay using “business income tax” as […]
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Sales tax and holiday lights
December 14, 2021
The Idaho State Tax Commission has received numerous questions from consumers and decorating businesses about sales tax and how it applies to holiday lights. There are generally four types of transactions performed by decorating businesses that put up holiday lights. Three are taxable, one is not taxable: Taxable Sales and rentals of tangible personal property. […]