Forms, instructions (new, updated, or alerts) at Idaho Tax

Latest "Tax Update" newsletter now available online

Thu, 26 Jan 2012 11:32:34 MST

Tax Update for January 2012 is now on our website. This edition features important news about the current individual income tax season plus news for all tax types. Click on the "Tax Update" button on the top of our website's home page to read our latest edition.

2011 Individual Income Tax Instructions Finalized

Thu, 10 Nov 2011 10:03:11 MST

The 2011 Individual Income Tax instructions are finalized and available on our website.

The New Business Form PTE-WX and the Form 49E Instructions are finalized for 2011.

Thu, 03 Nov 2011 11:43:19 MST

The new 2011 business Form PTE-WX and the 2011 Form 49E Instructions are available on our website.

New List of 2011 Business Income Tax Forms/Instructions Finalized

Mon, 17 Oct 2011 12:22:22 MST

The following 2011 business income tax forms/instructions are finalized:

Forms/Instructions: 41, 41ESR, 41S, 42, 44, 49E, 65, 66, 72,
72-S, 72-S Instructions, 96, PTE-01, PTE-12, and PTE-12 Instructions.

The form instructions not included with each form are listed separately.

One Individual Form and Two Business Forms Finalized For Tax Year 2011

Tue, 27 Sep 2011 11:44:13 MST

The following forms are now finalized for tax year 2011:

Individual income tax:
Form 43 Idaho Part-Year Resident & Nonresident Income Tax Return

Business income tax:
Form 48-C Idaho Kilowatt Hour (KWH) License Tax Statement For Co-Generator
Form ID K-1 Partner's, Shareholder's, or Beneficiary's Share Of Idaho Adjustments, Credits, ETC.

New Listing of Finalized Individual and Business Forms

Fri, 23 Sep 2011 04:46:55 MST

The following Idaho individual and business income tax forms for 2011 are finalized:

Individual:
Form 39NR (Nonresident/Part-year Resident) Idaho Supplemental Schedule (fill-in pdf)
Form 39R (Resident) Idaho Supplemental Schedule (fill-in pdf)
Form 40 Idaho Individual Income Tax Return (fill-in pdf)

Business:
Form 41ES Quarterly Estimated Tax/Extension of Time Payment (fill-in pdf)
Form 41EST Worksheet for Determining Estimate Payment Amount (fill-in pdf)
Form 67 Credit For Idaho Research Activities (fill-in pdf)

Listing of Finalized Business Tax Form for 2011

Thu, 15 Sep 2011 09:42:33 MST

The following Idaho business income tax forms for 2011 are now finalized.

Form 14 Idaho Water's Edge Election and Consent
Form 47 Idaho Mine License Tax Return
Form 48 Idaho Kilowatt-Hour License Tax Statement
Form 48-CM Idaho Kilowatt-Hour License Tax Statement For Co-Generator (Monthly)
Form 49 Idaho Investment Tax Credit
Form 49C Idaho Investment Tax Credit Carryover
Form 49R Recapture of Idaho Investment Tax Credit
Form 68 Idaho Broadband Equipment Investment Credit
Form 68R Recapture of Broadband Equipment Investment Credit
Form 69 Idaho Incentive Investment Tax Credit
Form 71 Idaho Biofuel Infrastructure Investment Tax Credit
Form 71R Recapture of Idaho Biofuel Infrastructure Investment Tax Credit
Form 83 Idaho Small Employer Investment Tax Credit
Form 83R Recapture of Idaho Small Employer Investment Tax Credit
Form 84 2011 Idaho Small Employer Real Property Improvement Tax Credit
Form 84R Recapture of Idaho Small Employer Real Property Improvement Tax Credit
Form 85 Idaho Small Employer New Jobs Tax Credit
Form 85R Recapture of Idaho Small Employer New Jobs Tax Credit

Finalized Individual Tax Forms for 2011

Wed, 14 Sep 2011 03:46:33 MST

The following Idaho individual tax forms for 2011 are now finalized:

Form 24 Idaho Grocery Credit
Form ID-40V Income Tax Payment Voucher
Form 51 Estimated Payment of Idaho Individual Income Tax
Form CG Idaho Capital Gains Deduction

TWO NEW FORMS FOR TAX YEAR 2011

Wed, 03 Aug 2011 12:12:22 MST

The new Form 72 Idaho Hire One Act Credit and Form PTE-12 Idaho Schedule For Nonelecting Owners are now available on the Draft page of our website.

CORRECTION TO 2010 FORM 49

Mon, 09 May 2011 10:03:28 MST

Line 1c of the 2010 Form 49 shouldn't include the amount of bonus first-year depreciation you claimed on qualified investments placed in service after 2009. Due to the passage of Idaho House Bills 102 and 296 in 2011, Idaho doesn't conform to federal bonus depreciation for property placed in service after 2009. You should enter zero ($0) on line 1c, even if you claimed bonus depreciation on your federal income tax return.

REVISIONS MADE TO THE FORM 49E INSTRUCTIONS

Fri, 08 Apr 2011 01:52:27 MST

The following changes (in red) have been made to the Form 49E Instructions:

On page 1, second column, bullet #2:

September 1, 2010 through December 31, 2010, are assets placed in service during fiscal year ended August 31, 2011. You must have had negative Idaho taxable income for the fiscal year ended August 31, 2009, to elect the QIE on any of these assets.

On page 3, second column, under Qualifying Loss Year:

If you file your income tax returns on a calendar year basis, and you did not have any short period tax years during the previous two years, enter January 1, 2008 to December 31, 2008. If you did not have negative Idaho taxable income for 2008, you cannot make the election on property placed in service during 2010.

FINALIZED - 2010 FORM 49ER

Tue, 14 Dec 2010 10:22:14 MST

The 2010 Idaho Form 49ER Recapture of Qualified Investment Exemption From Property Tax has been finalized.

2010 BUSINESS FORMS 41, 41S, ID K-1; AND INSTRUCTIONS-IDAHO PARTNERSHIP INCOME TAX FINALIZED.

Mon, 22 Nov 2010 01:18:22 MST

Business Forms 41, 41S, and ID K-1; and the Idaho Partnerhip Income Tax Instructions are now final for tax year 2010.

2010 FORM 56 FINALIZED

Wed, 03 Nov 2010 09:47:51 MST

The Form 56 and Instructions have been finalized for tax year 2010.

BUSINESS AND INDIVIDUAL FORMS FINALIZED

Tue, 02 Nov 2010 03:19:14 MST

The following Business and Individual forms and instructions have been finalized for 2010:

2010 Idaho Income Tax Forms Order, ID-40V, 41A and instructions, 41EST, 49E, 49E Instructions, 65, and 66.

Product Code List

Tue, 26 Oct 2010 04:50:18 MST

Use the product code list for Idaho schedules. Your business may currently categorize products by specific types. If so, list the products under the applicable general product code. If you have questions about which product code to use, contact the Tax Commission.

2010 IDAHO INDIVIDUAL INCOME TAX INSTRUCTIONS FINALIZED

Mon, 25 Oct 2010 02:30:06 MST

The 2010 Idaho Individual Income Tax Instructions for the Forms 40, 43, 39R, 39NR, 44, and 2010 Tax Tables are finalized.

Individual Forms link: http://tax.idaho.gov/s-results-form.cfm?pkey=ind

NEW LISTING OF FINALIZED 2010 TAX FORMS

Mon, 18 Oct 2010 12:19:50 MST

A new listing of Business and Individual finalized tax forms 2010:

14, 41ES, 41ESR, 42, 44, 49C, 70, 71

Busines forms link: http://tax.idaho.gov/s-results-form.cfm?pkey=bus

Individual forms link: http://tax.idaho.gov/s-results-form.cfm?pkey=ind

2010 TAX FORMS - List Of Finalized Forms.

Wed, 13 Oct 2010 02:22:26 MST

The following Individual and Business tax forms for 2010 are finalized:

24, 39NR, 39R, 40, 43, 49, 49R, 51, 55, 67, 68, 68R, 69, CG.

The forms on the Draft page have been marked "FINANIZED". The link going to the "DRAFT" form is no longer active. You can access the finalized forms from the Individual or Business Web pages by clicking on Forms.

Individual forms link: http://tax.idaho.gov/s-results-form.cfm?pkey=ind

Business forms link: http://tax.idaho.gov/s-results-form.cfm?pkey=bus

Claiming the Idaho Grocery Credit for 2009

Mon, 22 Mar 2010 09:53:36 MST

If you're an Idaho resident under age 65 and didn't make enough money in 2009 to file an income tax return, you can get a grocery tax credit.