Idaho State Tax Commission

Tax Commission News Release

Changes for 2018 Idaho income tax returns

BOISE, IDAHO — Jan. 24, 2019 — Taxpayers will see big differences when they file their Idaho income tax returns for 2018 due to recent changes to tax laws. Here are some of the highlights.   

  • Standard deduction increased. The standard deduction has nearly doubled, increasing to $12,000 for single filers and $18,000 for head-of-household filers. Married couples who file a joint return get a $24,000 deduction.  
  • Exemptions eliminated. Tax filers no longer get an exemption for themselves or their dependents.
  • New child tax credit added. A new Idaho child tax credit of $205 is available for children 16 and under as of December 31, 2018. The credit helps offset the loss of the dependent exemption.  
  • Itemized deductions changed. Most itemized deductions have been capped or eliminated.
  • Income tax rates reduced. The state income tax rates have been reduced. The top rate now is 6.925% instead of the previous 7.4%. 

New tax laws also expanded one credit and increased a deduction. The state credit for charitable contributions now includes donations to medical residency organizations that are in Idaho. And the amount of expenses Idaho taxpayers can deduct when they adopt a child has increased to $10,000. It was $3,000.

Visit tax.idaho.gov for more information about the tax changes. For tax help, call (208) 334-7660 in the Boise area or toll free at (800) 972-7660.

 

Posted 01-24-2019
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