Idaho State Tax Commission

Federal Forms That Qualify for Idaho Late Payment Penalty Waiver

This information is in reference to 2012 Idaho returns.

The Idaho State Tax Commission will waive a late payment penalty for taxpayers who are unable to file on time because their income tax returns include federal forms that couldn't be filed until after January. The Tax Commission joins the Internal Revenue Service (IRS) in granting this conditional penalty relief.

Some federal forms were available later than usual this year, waiting for Congress to act on extending credits and deductions that would have otherwise expired.

Individuals and businesses qualify for this waiver if they meet the requirement for an automatic extension to file their 2012 Idaho returns. Eligible taxpayers don't need to make any special notation on their tax return, but they still need to pay 100 percent of last year's taxes or pay 80 percent of the estimated tax they owe for their 2012 Idaho return by the original due date of the return. In most cases, that due date is April 15.

Like the IRS, the Tax Commission may issue the taxpayer a bill called a statement of account, showing a penalty is owed. The taxpayer or representative can respond to the bill with a written request to waive the penalty, based on the delayed availability of forms from the IRS.

Federal forms that qualify for the penalty waiver, include:

  • Form 3800, General Business Credit
  • Form 4136, Credit for Federal Tax Paid on Fuels
  • Form 4562, Depreciation and Amortization (Including Information on Listed Property)
  • Form 5074, Allocation of Individual Income Tax to Guam or the Commonwealth of the Northern Mariana Islands
  • Form 5471, Information Return of U.S. Persons With Respect to Certain Foreign Corporations
  • Form 5695, Residential Energy Credits
  • Form 5735, American Samoa Economic Development Credit
  • Form 5884, Work Opportunity Credit
  • Form 6478, Alcohol and Cellulosic Biofuels Credit
  • Form 6765, Credit for Increasing Research Activities
  • Form 8396, Mortgage Interest Credit
  • Form 8582, Passive Activity Loss Limitations
  • Form 8820, Orphan Drug Credit
  • Form 8834, Qualified Plug-in Electric and Electric Vehicle Credit
  • Form 8839, Qualified Adoption Expenses
  • Form 8844, Empowerment Zone and Renewal Community Employment Credit
  • Form 8845, Indian Employment Credit
  • Form 8859, District of Columbia First-Time Homebuyer Credit
  • Form 8863, Education Credits (American Opportunity and Lifetime Learning Credits)
  • Form 8864, Biodiesel and Renewable Diesel Fuels Credit
  • Form 8874, New Markets Credits
  • Form 8900, Qualified Railroad Track Maintenance Credit
  • Form 8903, Domestic Production Activities Deduction
  • Form 8908, Energy Efficient Home Credit
  • Form 8909, Energy Efficient Appliance Credit
  • Form 8910, Alternative Motor Vehicle Credit
  • Form 8911, Alternative Fuel Vehicle Refueling Property Credit
  • Form 8912, Credit to Holders of Tax Credit Bonds
  • Form 8923, Mine Rescue Team Training Credit
  • Form 8932, Credit for Employer Differential Wage Payments
  • Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit

Last updated April 11, 2013

This information is for general guidance only. Tax laws are complex and change regularly. We can't cover every circumstance in our guides. This guidance may not apply to your situation. Please contact us with any questions. We work to provide current and accurate information. But some information could have technical inaccuracies or typographical errors. If there's a conflict between current tax law and this information, current tax law will govern.