Idaho State Tax Commission

Financial Institutions: New First-time Home Buyer withdrawal schedule available

We’ve posted the following new tax form on our website:

  • Form ID-FTHB, Beneficiary and Withdrawal Schedule – First-time Home Buyer Savings Account  

We created this new form in response to a new law, which provides for the First-time Home Buyer Savings Account. Financial institutions must use this form to report account withdrawals to the Tax Commission.

 

Posted 07-16-2020
tax pros general

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.