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Laws and Rules
Idaho combined reporting Learn more: Idaho Code section 63-3027 and Idaho Income Tax Administrative Rules 310 through 620 Water’s Edge Election – Idaho Code section 63-3027B through Idaho Code section 63-3027E and Idaho Income Tax Administrative Rules 640 through 646 Idaho Corporation Income Tax Court decisions Underwood Typewriter Co. v Chamberlain, 254 U.S. 113 (1920) – apportionment of a single corporation’s income was justified rather than allocating […]
Income and Factors
Net operating losses and capital losses Each corporation included in the combined report that is required to file an Idaho income tax return must separately compute its Idaho net operating loss (NOL). Each corporation’s NOL carryback and carryover is applied to its share of the combined income apportioned to Idaho for each tax year.Capital losses […]
Worldwide vs. Water’s Edge
Worldwide combined reporting Idaho requires use of the worldwide filing method for all corporations unless you’ve made the water’s edge election (discussed in the next section). Under this method, you must include the income or loss and apportionment factor attributes of all unitary corporations with more than 50% common ownership. This includes those businesses incorporated […]
Apportionable Income vs. Nonapportionable Income
The United States Constitution requires a relationship between an activity and a state before the state can tax the activity. If the taxable activity is part of a unitary business, the combined income of the unitary business is subject to apportionment.Apportionable income is sourced to the various states/countries where a business is conducted compared to […]
Claim your grocery credit refund, even if you don’t earn enough to file income taxes
Idahoans who don’t make enough money to file an income tax return can get back some of the sales tax they paid on groceries – in the form of a refund. The refund is $100 for most Idaho residents, plus $100 for each of their qualifying dependents. Residents 65 or older get $120.All full-year Idaho […]
Public Records Requests
Idaho’s public records law was enacted in 1990. The Idaho State Tax Commission is committed to fulfilling public records requests within the law, while balancing a taxpayer’s right to privacy with a citizen’s right to access government records. We are bound by laws that prevent the disclosure of confidential information. (See Idaho Code sections 63-3076 and 63-3077.) Property […]
Filing Combined Reporting Returns
Combined reporting contrasted with consolidated returns For federal purposes, a unitary group may be filing a federal consolidated return. Idaho law doesn’t provide for the filing of a consolidated return. Instead, a unitary group must use the combined reporting method. The combined report is often confused with a consolidated return, but they aren’t the same.The […]
Combined Reporting
This page helps businesses understand how to calculate their Idaho income tax. It applies to unitary businesses, as explained below, that operate in Idaho and in other states or countries.Unitary business If your business is conducted through more than one division or commonly controlled corporation, it might be considered to be a “unitary business.” A […]
Capital Gains
A capital gain occurs when you sell or exchange a capital asset for more than the cost or other basis. A capital gain can be short-term (one year or less) or long-term (more than one year), and you must report it on your income tax return.A capital loss occurs when you sell or exchange a […]
Idaho Medical Savings Account
An Idaho Medical Savings Account (MSA) allows you to save for medical expenses and long-term care costs while reducing the amount of Idaho individual income tax that you owe.Contributions to a federal MSA or health savings account (HSA) don’t qualify for this Idaho deduction. The information here only applies to the Idaho MSA. Tax consequences of federal MSAs and […]
IDeal Idaho College Savings Program
IDeal is Idaho’s official 529 college savings program, created as a qualified tuition program under Internal Revenue Code section 529.IDeal helps families save money for education expenses through an Idaho 529 account. Eligible expenses include K-12 tuition, apprenticeships, trade schools, and higher education costs such as tuition, mandatory fees, room and board, books, supplies, computer […]
Claim of Right Income Repayments
If you had to repay over $3,000 that you included in your taxable income in an earlier year, you may be able to claim a credit or deduction on your Idaho return.You must have claimed a claim of right deduction or credit on your federal return under IRC section 1341.Claim of Right creditIf you claimed […]
Idaho Food Tax Credit
The food tax credit (formerly known as the grocery tax credit) offsets the sales tax you pay on food throughout the year. For most Idaho residents it’s $155 per person or up to $250 if you submit receipts for sales tax paid for food.You must be an Idaho resident to be eligible, and you might […]
Bankruptcy Trustee Site
The Bankruptcy Trustee website is for use by Bankruptcy Trustees requesting Idaho state warrants.If you’ve not yet registered to use this site, or are having problems logging in or using the Trustee Management page, please call the Idaho State Tax Commission’s Bankruptcy Unit at (208) 334-7635.When you call to register, we’ll need this information: Name […]
Ratio Studies
Ratio Study is an annual statistical study of the relationship between assessed values and market value.About Ratio Studies Idaho law requires that all property be assessed at market value. The Idaho State Tax Commission is responsible for making sure each county assessor is assessing property at market value. To do this, the Tax Commission conducts […]
Rules: Current
Advisory A temporary rule might supersede a rule listed below. Therefore, we recommend you check our Temporary Rules first.Links to current rules 35.01.01, Income Tax Rules35.01.02, Sales and Use Tax Rules35.01.03, Property Tax Administrative Rules35.01.05, Motor Fuels Tax Rules35.01.06, Hotel/Motel Room and Campground Sales Tax Rules35.01.07, Kilowatt Hour Tax Rules35.01.08, Mine License Tax Rules35.01.09, Idaho Beer and Wine Taxes Rules35.01.10, Cigarette and Tobacco Products Taxes Rules35.02.01, Tax […]
Temporary Rules
A temporary rule must meet strict criteria since it is effective immediately upon adoption.Learn more about temporary rules We will publish the text of the temporary rule in the Idaho Administrative Bulletin. It expires at the close of the next legislative session unless extended by concurrent resolution.Links to temporary rules Negotiated rulemaking The Tax Commission engages in Negotiated Rulemaking […]
Product Taxes Rules Committee
This committee is responsible for all tobacco, cigarette, beer, wine, kilowatt hour, and motor fuels rules as well as mine license rules and transfer fee rules. Subscribe to Tax Professionals for updates. ContactsUpcoming meetings Rules under discussion (status board) Motor Fuels (35.01.05)Kilowatt Hour (35.01.07)Mine License (35.01.08)Beer and Wine (35.01.09)Cigarette and Tobacco Products (35.01.10) Meetings […]
Income Tax Rules Committee
This committee is responsible for all individual and business income tax rules. Subscribe to Tax Professionals for updates.ContactsUpcoming meetings Rules under discussion (status board) Income (35.01.01)Meetings history
Property Tax Rules Committee
This committee is responsible for all property tax rules matters. Stay informed and subscribe to Tax Professionals. ContactsUpcoming meetings Rules under discussion (status board) Property Tax (35.01.03)Meetings history
Sales Tax Rules Committee
This committee is responsible for sales and use tax rules as well as hotel/motel and campground sales tax rules. Subscribe to Tax Professionals for updates.ContactsUpcoming meetings Rules under discussion (status board) Sales and Use (35.01.02)Hotel/Motel Room and Campground Sales (35.01.06)Meetings history
Tax Update for Fall 2021
Here’s the Fall 2021 issue of Tax Update — our newsletter for the business community. This edition features articles about new tax laws, tax videos, updated withholding tables, and new social media channels.Tax rebates are coming We’re sending tax rebates to people who were full-year residents of Idaho for 2019 and 2020 and filed income tax returns […]
Tax Update for Winter 2020
Welcome to the Winter 2020 issue of Tax Update—our newsletter for the business community. This edition features articles about office moves, sales tax and other instructions, updated guidance for payroll withholding, Form 967 filing changes, new classes for businesses, and more!Boise, Pocatello offices have moved Two of our offices moved to new addresses in 2019.Our Boise […]
Tax Update for Summer 2020
Here’s the summer 2020 issue of Tax Update — our newsletter for the business community. This edition features articles about new tax laws, Return to Work bonuses for employees, cash grants for small businesses, updated withholding tables, guidelines for visiting our offices, online classes, and more!Help your employees get Return to Work bonuses We’re now accepting applications […]
Tax Update
Latest Tax Update issues Tax Update for Summer 2023 2022 Tax Rebate: Frequently Asked Questions Tax Update for Summer 2022 2021 Tax Rebate: Frequently Asked Questions Tax Update Fall 2021 Tax Update for Winter 2020 Tax Update for Summer 2020
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