Use Form ID K-1 to provide the partner, shareholder, or beneficiary of a pass-through entity with information required to complete the pass-through owner’s Idaho income tax return.
Depreciation is a federal income tax deduction that lets a taxpayer recover the cost of capital expenditures over time. Read our guide on bonus depreciation.
Idaho NOL: 5 most common mistakes
This video applies to NOLs through tax year 2018.
Learn the five most common mistakes seen on individual returns claiming an Idaho net operating loss.