form 40 instructions.pdf
Post on 03-Apr-2018
246 Views
Preview:
TRANSCRIPT
-
7/28/2019 form 40 instructions.pdf
1/50
For more information:
tax.idaho.gov
Questions: Refund Information:
(208) 334-7660 in the Boise area (208) 364-7389 in the Boise area
(800) 972-7660 toll free (888) 228-5770 toll free
Hearing Impaired (TDD):
(800) 377-3529
Forms and instructions for:
Form 40 Form 39RResident Supplemental Schedule (Resident)
Form 43 Form 39NRPart-Year or Nonresident Supplemental Schedule (Part-Year or Nonresident)
2012
Individual Income Tax
-
7/28/2019 form 40 instructions.pdf
2/501
WHAT'S NEW FOR 2012
File your return online to get: Fasterrefunds. Fewererrors.
Conrmationthatyourreturnwasreceived.
To e-fle:
Visitourwebsiteattax.idaho.gov tondfreee-leservicesforeligibletaxpayers. Findcommercialtaxpreparationsoftwareforafee. Askyourtaxpreparertoe-leyourreturn.
SAVE A STAMP FILE ONLINE!
TAX RATE REDUCEDFortaxyearsbeginningonandafterJanuary1,2012,themaximumindividualtaxratehasbeenreducedfrom7.8%to7.4%.
CONFORMITY TO INTERNAL REVENUE CODE (IRC)IdahoconformstotheIRCasofJanuary1,2012.Idahodoesn'tconformtobonusdepreciationforassetsacquiredafter2009.
GROCERY CREDIT INCREASESThegrocerycreditisnow$70perexemptionifyourtaxableincomeismorethan$1,000and$90perexemptionifyourtaxableincomeis$1,000orless.
FORMSIdahoForm55CreditforQualifyingNewEmployeesmaybeusedforemployeeshiredthroughApril14,2011.ForemployeeshiredafterApril14,2011,IdahoForm72IdahoHireOneActCreditmustbeused.
CHANGE TO DEDUCTION FOR INSULATION OF AN IDAHORESIDENCE (Now DEDUCTION FOR ENERGY EFFICIENCYUPGRADES)FortaxyearsbeginningonandafterJanuary1,2012,the
requirementsforthisdeductionhavebeenchanged.Toqualifyforthisdeduction,yourIdahohomemusthaveexisted,beenunderconstruction,orhadabuildingpermitissuedonorbeforeJanuary1,2002.
NONRESIDENT OWNERS OF A PASS-THROUGH ENTITY(PTE) THAT IS TRANSACTING BUSINESS IN IDAHOAnestate,trust,partnership,orScorporationtransactingbusinessinIdahomustleacompositereturnordobackupwithholdingtoreporttheIdahosourcedistributiveincomefornonresidentsunlesstheindividuallesanIdahoNonresidentOwnerAgreementorisanownerforwhichthePTEisnotrequiredtowithhold.
Ifthepass-throughentitylesacompositereturn,theincomeandtaxallocatedtothenonresidentwillbereportedtothenonresidentontheirIdahoK-1.ThenonresidentthenhastheoptionoflinganIdahononresidentreturn,reportingtheallocatedincomeandanyotherIdahoincomeandclaimingthetaxpaidasacredit.
CHANGE TO INCOME EARNED ON A RESERVATION BY ANAMERICAN INDIANAmericanIndianswhoareenrolledmembersofafederallyrecognizedtribeandliveandworkonthereservationmustnowliveandworkonthereservationofwhichtheyareamemberfortheincometobeexemptfromIdahotaxation.
-
7/28/2019 form 40 instructions.pdf
3/502
YoumustuseForm40ifyouarea: Resident,or Residentinthemilitary.Seepage4.
YoumustuseForm39RifyouleaForm40andclaimanyadditions,subtractions,orcertaincredits.UseForm44forbusinesscredits.
WHICH FORM TO USE
GENERAL INFORMATION
INFORMATION AND FORMSFormsareavailableatTaxCommissionofcesormaybeobtained:
OntheWebattax.idaho.gov Bycalling(208)334-7660intheBoiseareaor(800)972-7660Youmayusephotocopiesofthesetaxforms.Yourcopymustbelegible.
FILING REQUIREMENTSResidentIfyouarerequiredtoleafederalincometaxreturn,youmustleanIdahoreturn.Ifyouarelingafederalincometaxreturnonlytopayself-employmenttaxandaren'totherwiserequiredtoleafederalincometaxreturn,youaren'trequiredtoleanIdahoincometaxreturn.
Thelingrequirementisbasedongrossincomeasshownonthefollowingschedule.Grossincomeisdenedonpage4.Whenusingthisschedule,don'tincludeSocialSecuritybenetsasgrossincomeunlessyouaremarriedlingaseparatereturnandlivedwithyourspouseatanytimeduring2012.
STATUS GROSS INCOME
MARRIED:
lingseparatereturns............................................... $ 3,800 lingjointly,bothspousesunder65............. ............. $ 19,500 lingjointly,onespouse65orolder.......................... $ 20,650 lingjointly,bothspouses65orolder............. .......... $ 21,800
HEADOFHOUSEHOLD:
under65..................................................................... $ 12,50065orolder.................................................................. $ 13,950
SINGLE:
under65..................................................................... $ 9,750 65orolder.................................................................. $ 11,200
QUALIFYINGWIDOW(ER)WITHDEPENDENTCHILD:
under65..................................................................... $ 15,700 65orolder.................................................................. $ 16,850
DEPENDENTCLAIMEDONSOMEONEELSE'SRETURN:
Single dependents.Wereyoueitherage65orolderorblind?No.Youmustleareturnifanyofthefollowingapply:
Yourunearnedincomewasover$950. Yourearnedincomewasover$5,950. Yourgrossincomewasmorethanthelargerof: $950,or Yourearnedincome(upto$5,650)plus$300.
Yes.Youmustleareturnifanyofthefollowingapply: Yourearnedincomewasover$7,400($8,850if65or
olderandblind). Yourunearnedincomewasover$2,400($3,850if65or
olderandblind). Yourgrossincomewasmorethan: Thelargerof:PLUSThisamount: $950,or $1,450($2,900 Yourearnedincome if65orolderand (upto$5,650)plus$300. blind.)
Married dependents.Wereyoueitherage65orolderorblind?No. Youmustleareturnifanyofthefollowingapply:
Yourgrossincomewasatleast$5andyourspouselesaseparatereturnanditemizes.
Yourunearnedincomewasover$950. Yourearnedincomewasover$5,950. Yourgrossincomewasmorethanthelargerof: $950,or Yourearnedincome(upto$5,650)plus$300.
Yes.Youmustleareturnifanyofthefollowingapply: Yourearnedincomewasover$7,100($8,250if65or
olderandblind). Yourunearnedincomewasover$2,100($3,250if65or
olderandblind). Yourgrossincomewasatleast$5andyourspouseles
aseparatereturnanditemizes. Yourgrossincomewasmorethan: Thelargerof:PLUSThisamount: $950,or $1,150($2,300
Yourearnedincome if65orolderand (upto$5,650)plus$300. blind.)
Part-year Resident/NonresidentIfyouareapart-yearresident,youarerequiredtoleanIdahoincometaxreturnifyourgrossincomefromallsourceswhilearesidentandyourgrossincomefromIdahosourceswhileanonresidenttotalmorethan$2,500.
Ifyouareanonresident,youarerequiredtoleanIdahoincometaxreturnifyourgrossincomefromIdahosourceswasmorethan$2,500.
}
}
YoumustuseForm43ifyouoryourspousearea: Nonresident,or Part-yearresident,or Nonresidentalienforfederalpurposesandarerequiredtole
anincometaxreturnforIdaho.
YoumustuseForm39NRifyouleaForm43andclaimanyadditions,subtractionsorcertaincredits.UseForm44forbusinesscredits.
-
7/28/2019 form 40 instructions.pdf
4/503
BONUS DEPRECIATIONFORPROPERTYACQUIREDPRIORTO2008ORAFTER2009Ifyouclaimedthebonusdepreciationforfederalpurposes:
CompleteaseparatefederalForm4562ordetailedcomputationforIdahodepreciationpurposesasifthespecialdepreciationallowancehadn'tbeenclaimed.
ComputetheIdahoadjustedbasisandanygainsorlossesfromthesaleorexchangeofthepropertyusingtheIdahodepreciationamounts.
EnterthedifferencesbetweentheIdahoandfederaldepreciationamountsandgainsandlossesfromsalesorexchangesofthepropertyonthebonusdepreciationlineonForm39Ror39NR.
FORPROPERTYACQUIREDAFTER2007ANDBEFORE2010Idahoconformstothefederalbonusdepreciationprovisions.TheamountsyouuseforfederalwillalsobeusedforIdaho.NoadditionalformsorcomputationsareneededforIdaho.
COMMUNITY PROPERTYBecauseIdahoisacommunitypropertystate,eachresidentspousehasaone-halfinterestintheearningsoftheotherresidentspouseduringtheportionoftheyeartheyweremarried.Ifmarriedforonlyapartoftheyear,thecommunityincomeincludesONLYtheincomeearnedduringthetimethecouplewasmarried.Whenlingseparatereturns,thecommunityincome,withholdinganddeductionsofbothresidentspousesmustbedividedequallybetweenhusbandandwife.Ifyouhaveawrittenagreementbetweenspousesregardingtheseparationofassetsandincome,itmustbeincludedwithyourtaxreturn.
Idaholawaffectsyourfederalreturninthesamemanner.Formoredetails,seefederalPublication555,FederalTaxInformationonCommunityProperty.IfyouwerearesidentofIdahoforonlyaportionoftheyear,Idaholawappliestothatportionoftheyearyouwerearesident.Incomeisidentiedascommunityorseparateincomebasedonthelawsofthestateinwhichtherecipientisaresident.Inthecaseofrealproperty,thelawofthestateinwhichthepropertyislocatedwillapply.
Communitypropertylawsdon'tapplywhenthespouseshavelivedapartfortheentireyear,nopartoftheincomeearnedbyonespousehasbeentransferredtotheotherspouse,andthespousesdon'tleajointincometaxreturn.
Income,withholdinganddeductionsreceivedorpaidafterdivorceareseparatepropertyandmustbereportedonthereturnofthepersontowhomitapplies.
Ifyoudivorcedduring2012orarelingseparatelyfromyourspouse,includeascheduleshowinghowcommunitypropertyincomeanddeductionsweredivided.SeetheAllocationWorksheetinfederalPublication555.
DECEDENTS TAX RETURNIfataxpayerdiesbeforelinghisreturn,thereturnmustbeled
bythetaxpayer'sspouseorpersonalrepresentative.Apersonalrepresentativecanbeanexecutor,administrator,oranyonewhoisinchargeofthedeceasedtaxpayer'sproperty.
Ifyourspousediedin2012andyoudidn'tremarryin2012,youcanleajointreturn.Youcanalsoleajointreturnifyourspousediedin2013beforelinga2012return.Ajointreturnshouldshowyourspouse's2012incomebeforedeathandyourincomeforallof2012.Write"FILINGASSURVIVINGSPOUSE"onthelinewherethedecedentwouldhavesignedthereturn.Ifsomeoneelseisthepersonalrepresentative,hemustalsosignthereturn.
GENERAL INFORMATION
AMENDED RETURNSUseForm40or43toamendyourreturn.Checktheamendedreturnboxatthetopoftheform.Entertheapplicablereason(s)foramending,aslistedbelow.Completetheentireformandschedulesusingthecorrectedamounts.
1. FederalAudit.2. NetOperatingLossCarryback-IncludeForm56ora
scheduleshowingtheapplicationoftheloss.3. FederalAmended-Includeacompletecopyofyourfederal
return.4. Other-Includeanexplanation.
AMERICAN INDIANSIfyouareanenrolledmemberofafederallyrecognizedtribe,andliveandworkonthereservationofwhichyouareamember,allreservationsourcedincomereceivedwhilelivingandworkingonthereservationisexemptfromIdahotaxation.Ifyouhavenootherincome,youaren'trequiredtole.
Ifyouhaveotherincomeinanamountthatmeetsthefederallingrequirement,youmustleanIdahoreturn.Forspecicinstructions,seeForm39RorForm39NR.
ASSEMBLING THE IDAHO INDIVIDUAL RETURNToensurethatyourtaxreturniscorrectlyprocessed,includeallschedulesandotherformsinthefollowingorder:
1. Form40or43 2. W-2sand/or1099splacedontopofForm40or43 3. Form39Ror39NR 4. Form75 5. Form44 6. Additionalschedulesinalphabeticalorder 7. Additionalformsinnumericalorder 8. Completecopyoffederalreturn
IncludelegiblecopiesofForm(s)W-2,1099,andotherinformationformsthatshowIdahowithholdingwithyourreturn.AcompletecopyofyourfederalreturnmustbeincludedwithForm40orForm43.Ifyouareclaimingcreditfortaxespaidtoanotherstate,youmustincludeIdahoForm39Ror39NRandacopyoftheotherstate'sincometaxreturn.Ifthecreditapplies
tomorethanonestate,useaseparateForm39Ror39NRforeachstate.
AUDITSAnauditisareviewofareturntomakesureitwaspreparedaccordingtotaxlaw.Youwillbecontactedifyourreturnistobeaudited.Theauditorwillasktoseeyourrecordsandcomparethemwithyourreturn.Youmaypresentyourrecordsyourselforhavesomeonerepresentyouorcomewithyou.Anychangetoyourreturnwillbeexplained.Questionanythingyoudon'tunderstand.
Federal AuditIfyourfederaltaxableincomeortaxcreditschangebecauseofafederalaudit,youmustsendwrittennoticeincludinganamendedreturntotheTaxCommissionwithin60daysofthenalfederal
determination.YoumustincludecopiesofallschedulessuppliedbytheInternalRevenueService.
IfyouoweadditionalIdahotaxanddon'tsendwrittennoticewithin60daysofthenalfederaldetermination,a5%negligencepenaltywillbeimposed.Interestappliesonanytaxdue.
IfthenalfederaldeterminationresultsinanIdahorefund,youmustleanamendedIdahoincometaxreturnwiththewrittennotice.SeeAmendedReturnsabove.Ifthestatuteoflimitationsisclosed,youhaveoneyearfromthedateofthenalfederaldeterminationtolefortherefund.
-
7/28/2019 form 40 instructions.pdf
5/504
Rentalincomebeforeexpenses Shareholdersandpartnersincludetheirshareofthegross
incomefromScorporationsandpartnerships Unemploymentcompensation Certainscholarshipandfellowshipgrants Gainsderivedfromsalesofproperty Pensionsandannuities
Scholarshipsusedfortuition,fees,supplies,books,andequipmentrequiredforcoursesleadingtoadegreearen'tincludedingrossincome.
INTERESTInterestappliesondelinquenttaxfromtheoriginalduedateofthereturnuntilthetaxispaidattherateof3%peryear(rateeffectivefor2013.)
MILITARY PERSONNELIdaholawgenerallyfollowsfederallawregardingwhichtypeofmilitarypay(activeduty,disability,reserveandretirement)istaxable.
Theresidencyofaqualiedservicememberispresumedtobethatmember'smilitaryhomeofrecord.
TheearnedincomeofqualifyingspousesofIdahoservicemembersisnotsubjecttoIdahoincometaxduetothefederalMilitarySpousesResidencyReliefAct(PublicLaw111-97)passedinNovember2009.
Asaservicemember'sspouse,youmayqualifyforthisincometaxexemptionif:
YouaremarriedtoaservicememberwhoisservinginIdahoandhasregisteredinthemilitarywithanotherstateasahomeofrecord;and
YouhavelocatedtoIdahowiththeservicememberandyouhavethesamedomicile(permanentresidence)astheservicemember'shomeofrecord.
Ifyouqualifyforthisexemption,seetheinstructionsforresidencystatusonpage12ofthisbookletandreportanyIdahowithholdingonForm43,line64.
NATIONAL GUARD MEMBERS CALLED TO ACTIVE DUTY INA COMBAT ZONEIdahofollowsfederallawandIRCtoprovideincometaxreliefforservicemembersonactivedutyincombatzones.BelowisasummaryofhowtheselawsaffectIdahoNationalGuardmembers.
Alltaxlingdeadlinesareextendedforatleast180daysafteryourlastdayinacombatzone.
Nointerestorpenaltywillaccruefornonpaymentofindividualincometaxeswhileyouareinacombatzone.
Ifyouareanenlistedsoldierorwarrantofcer,youdon'towetaxonmilitarypayreceivedwhileinacombatzone.Ifyouareacommissionedofcer,themonthlyexclusioniscappedatthehighestenlistedpay,plusanyhostilereorimminentdanger
payreceived. Thisfederallawdoesn'tcoverbusinesstaxreturns,
employmenttaxes,orsales/usetaxobligations. Youmustwrite"COMBATZONE"andthedateofdeployment
in redontopofthetaxreturnyouareling.
Forinformationseeourwebsiteattax.idaho.gov,orcallustollfreeat(800)972-7660or334-7660intheBoisearea.
Idaho resident on active duty stationed in IdahoIfIdahowasyourmilitaryhomeofrecordandyouwereonactivedutystationedinIdaho,allofyourmilitarywagesandallnonmilitaryincome,regardlessofthesource,aresubjecttoIdahotax.FileForm40.
Ifarefundisdue,includefederalForm1310,StatementofPersonClaimingRefundDueaDeceasedTaxpayer.Form1310isn'trequiredwhenasurvivingspouselesajointreturnwiththedecedentorapersonalrepresentativelesforthedecedent.
ESTIMATED TAX PAYMENTSIdahodoesn'trequireestimatedtaxpaymentsforpersonalincometax.Ifyouwanttomakeavoluntaryestimatedtaxpayment,leForm51withyourpayment.
EXTENSION OF TIME FOR FILINGIfyoucan'tleyourIdahostateincometaxesbyApril15,2013,youmaybeeligibletogetanautomaticsix-monthextensionwithoutlingaform.
Toqualify,youneedtopayeitheranestimated80percentofyourcurrentyear'staxliabilityor100percentofwhatyoupaidforstateincometaxestheprioryear.Youcanavoidapenaltyforlateling,butwillbechargedinterestontheremainingtaxuntilit'spaid.CompletetheworksheetonIdahoForm51,EstimatedPaymentofIdahoIncomeTax,toseeifyoumeettheextensionrequirements.
Ifyouneedtomakeapaymenttoavoidapenalty,youcanmailForm51withyourcheckormoneyorder.Form51isavailableintheIdahoincometaxbookletoronthewebsite.
IfyouqualifyforanextensiontoleyourIdahoreturn,youmustsendthereturnandanypaymentbyOctober15,2013.
FILING STATUSYourIdaholingstatusmustbethesameasthelingstatususedonyourfederalreturn.Forexample,ifyouleajointfederalreturn,youmustalsoleajointIdahoreturn.
FILING YOUR RETURNWhen To FileYoumustleyourreturnandpayanyincometaxdue:
OnorbeforeApril15,2013,forthecalendaryear2012,or Onorbeforethe15thdayofthefourthmonthfollowingthe
closeofthescalyear,ifyouleonascalyearbasis.
Where To FileMailthereturnandpaymentto:
IDAHOSTATETAXCOMMISSION POBOX56 BOISEID83756-0056
Ifyouaresendingyourreturnusingadeliveryservicethatrequiresaphysicaladdress,usethefollowing:
IDAHOSTATETAXCOMMISSION 800PARKBLVDPLAZAIV BOISEID83712-7742
INCOMEAnIdahoresidentistaxedonallincome,includingincome
fromoutsidethestate.AnonresidentofIdahoistaxedonlyonincomefromIdahosources.AnIdahopart-yearresidentistaxedonallincomereceivedwhilelivinginIdahoplusanyincomereceivedfromIdahosourceswhennotlivinginIdaho.
GROSS INCOMEGrossincomemeansallincomeyoureceivedintheformofmoney,goods,property,andservicesthatisn'texemptfromtax.Grossincomeismeasuredbeforesubtractingallowabledeductions.Grossincomeincludes,butisn'tlimitedto:
Allincomefromwages,salaries,tips,interestanddividendsthatisn'texemptfromtax
Self-employmentincomebeforeexpenses Farmincomebeforeexpenses
GENERAL INFORMATION
-
7/28/2019 form 40 instructions.pdf
6/505
GENERAL INFORMATION
Idaho resident on active duty stationed outside of Idaho IfyoujoinedthearmedforceswhilearesidentofIdahoand Idahoisyourmilitaryhomeofrecord;and Youwereonactivedutyfor120ormoreconsecutivedays;and YouwerestationedoutsideofIdahoforallorpartoftheyear,
youmustreportallofyourincometoIdaho.However,onlymilitarywagesyoureceivewhilestationedinIdahoandallnonmilitaryincome,regardlessofthesource,issubjecttoIdahotax.FileForm40ifyouaresingle,orifyouaremarriedandyourspouseisalsoaresidentofIdaho.
FileForm43ifyouaremarriedandyourspouseisanonresident,part-yearresident,ormilitarynonresidentofIdaho.Checkthe"IdahoResidentonActiveMilitaryDuty"residencystatusboxforyourself.Checktheapplicableresidencystatusboxforyourspouse.
UndertheServicemembersCivilReliefAct,aservicememberwillneitherlosenoracquirearesidenceordomicilewithregardtohisincometaxasaresultofbeingabsentorpresentinastateduetohismilitaryorders.AqualiedservicememberisnotaresidentofordomiciledinIdahosolelyasaresultofbeingstationedinIdaho.
Aservicememberincludesanymemberoftheuniformedservicessuchas:
AmemberofthearmedforceswhichincludesamemberoftheArmy,Navy,AirForce,MarineCorps,orCoastGuardonactiveduty.ItwouldalsoincludeamemberoftheNationalGuardwhohasbeencalledtoactiveservicebythePresidentoftheUnitedStatesortheSecretaryofDefenseoftheUnitedStatesforaperiodofmorethanthirty(30)consecutivedays,forpurposesofrespondingtoanationalemergencydeclaredbythePresidentandsupportedbyfederalfunds.
AmemberofthecommissionedcorpsoftheNationalOceanicandAtmosphericAdministrationinactiveservice;and
AmemberofthecommissionedcorpsofthePublicHealthServiceinactiveservice.
ThesafeharborexceptiontobeingaresidentofIdahoexplainedinthe"Special-caseIdahoResidents"doesnotapplytoa
qualiedservicemember.
Nonresident on active duty stationed in IdahoIfyourmilitaryhomeofrecordisn'tIdahoandyouwereonactivedutystationedinIdahoforallorpartoftheyear,Idahodoesn'ttaxyourmilitaryincome.NonmilitaryincomefromIdahosourcesissubjecttoIdahotax.FileForm43ifyourgrossincomefromIdahosourcesexceeds$2,500.TheinstructionsforForm43beginonpage12.
NET OPERATING LOSS (NOL)AnNOListheexcessofbusinessdeductions(computedwithcertainmodications)overtotalgrossincomeinaparticulartaxyear.UseForm56tocomputeyourlossandapplicationoftheloss,orascheduleshowingtheapplicationoftheloss.
TheNOLgenerallymustbecarriedbacktothetwoprecedingyears.Thecarrybackislimitedtoamaximumof$100,000.Anyremaininglossmaybecarriedforwarduntilused,butnotlongerthan20years.
Youmayelecttoforgothetwo-yearcarrybackprovisionandcarrythelossforwardupto20years.
Thiselectionmustbemadebeforetheduedate,includingextensions,ofthelossyearreturnandcan'tberevoked.
Tomaketheelection,checktheboxonForm40,line11,orForm43,line27,orincludeastatementtothelossyeartaxreturnclearlyindicatingthatyouelecttoforgothecarryback.Includeyourname,address,SocialSecurityNumber,andtheamountofloss.Youcan'tmaketheIdahoelectionbyattachingacopyofyourfederalelectiontoforgothefederalnetoperatinglosscarryback.
NONRESIDENT ALIENSTaxpayerswhoarenonresidentaliensforfederalpurposesandwhoarerequiredtoleanincometaxreturnforIdahomustleusingForm43.NonresidentaliensforfederalpurposesarenonresidentsforIdahoincometaxpurposes.
PAYMENTSMakeyourcheck,cashier'scheck,ormoneyorderpayabletotheIdahoStateTaxCommission.BesuretowriteyourSocialSecurityNumberonitandincludeitwithyourreturn.
Topaybycreditcard,debitcardore-check,visitourwebsiteattax.idaho.gov;orcall(800)972-7660.
PENALTIESPenaltiesmaybeimposedonthetaxdueasfollows:
0.5%permonthorfractionofamonthtoamaximumof25%forfailuretopaythetaxdue(ifreturnisled)
2%permonthorfractionofamonthforfailuretomeettheextensioncriteria(thereturnmustbeledbytheextendedduedate,andthetaxespaidbytheearlierofthedatethereturnisledortheextendedduedate)
5%permonthorfractionofamonthtoamaximumof25%forfailuretolethereturntimely
5%fornegligenceordisregardofrules 10%forsubstantialunderstatementoftax 50%forlingafalseorfraudulentreturn
Theminimumpenaltyis$10.
RECORDKEEPINGYouarerequiredbylawtokeeprecordsthatwillenableyoutoprepareacompleteandaccurateincometaxreturn.Althoughthelawdoesn'trequireanyspecialformofrecords,youmustretainallreceipts,canceledchecks,andotherevidencetoproveamountsclaimedasdeductions.Keepallsupportingrecordsforincomeordeductionsuntilthestatuteoflimitationsforthereturnexpires.Usuallythisisthelaterofthreeyearsfromtheduedateorthedatethereturnwasled.Inpropertytransactions,thebasisofneworreplacementpropertymaybedeterminedbythebasisoftheoldproperty.Keeptheserecordsaslongastheyareneededtodeterminethebasisoftheoriginalorreplacement
property.
REFUNDS WHEN NOT REQUIRED TO FILEIfyouaren'trequiredtoleanIdahoreturn,notaxisdueevenifthecalculationshowstaxableincome.Ifyouarelingonlytoreceivearefundofamountswithheld,youdon'tpaythe$10permanentbuildingfundtax.Write"NRF"(NotRequiredtoFile)onthelinesfor"Taxfromtablesorrateschedule"and"Permanentbuildingfundtax."
REFUND SEIZUREUnderstatelaw,theTaxCommissionmayretainstateincometaxrefundstosatisfyotheroutstandingtaxdebts.TheDepartmentofHealthandWelfare,theDepartmentofLabor,andtheSupremeCourtmayseizeallorpartofyourincometaxrefundtooffsetdebtsyoumayowetheseagencies.Also,
refundsmaybeseizedtosatisfybankruptcyclaims,sheriffs'garnishments,ordebtsowedtotheInternalRevenueService.TheTaxCommissionmayseizefederalincometaxrefundstooffsetIdahoincometaxliabilities.
Theagencyorpartyseizingtherefundisrequiredtosendyounoticeoftheaction.Questionsregardingarefundseizureshouldbedirectedtotheagencyorpartythatinitiatedtheclaimforseizure.
ROUNDINGTheamountsonyourreturnmustberoundedtothewholedollarAnamountlessthan50centsisreducedtothewholedollar.Amountsof50centsormoreareincreasedtothenextwholedollar.
-
7/28/2019 form 40 instructions.pdf
7/506
GROCERY CREDIT REFUND ONLYIfyou'renotrequiredtoleanincometaxreturn,butarelingForm40toreceiveagrocerycreditrefund,youdon'tneedtoincludeacopyofafederalreturn.
YoumustcompleteForm40asfollows: Completethetopoftheformthroughline6d,exemptionsand
dependents. Write"NRF"online7. Skiplines8through11. Completeline12aifyouoryourspouseareage65orolder. Skiplines12bthrough30. Crossthroughthe$10online31,PermanentBuildingFund,
andwrite"NRF." Skiplines32through41. Enteryourgrocerycreditamountonline42usingthegrocery
creditworksheetonpage9forIdahotaxableincomeof$1,000orless.
Completeapplicablelines43through56. Skiplines57through60. CompletethebottomofForm40belowline60.
HEADINGWriteyourname,address,andSocialSecurityNumber(SSN)inthespacesprovided.Ifyoudon'thaveaSSN,writeinyourIndividualTaxIdenticationNumber(ITIN).
Idahowon'tprocessthereturniftheSSNspacedoesn'tcontainavalidSSNorITIN.Ifyou'veappliedforanITINandhaven't
receiveditfromtheInternalRevenueServicebeforeyouleyourIdahoreturn,enter"FormW-7"inthespaceprovidedfortheSSN.Ifyouenter"FormW-7",includeacopyofyourfederalFormW-7withyourreturn.OnceyoureceiveyourITINfromtheInternalRevenueService,youmustprovideittotheTaxCommissionbeforeyourreturncannishprocessing.
IfyoureceiveanSSNafterusinganITIN,youmustusetheSSNandstopusingyourITIN.It'syourresponsibilitytonotifytheTaxCommissionsoyourreturncannishprocessing.
BesurethatyourreturnandW-2form(s)showthecorrectSSNorITIN.AnerrorinyourSSNorITINwilldelayyourrefund.
AMENDED RETURNForm40canbeusedasanoriginalreturnorasanamendedreturn.
Ifyouarelingthisformasanamendedreturn,checktheboxatthetopoftheform.Entertheapplicablereason(s)foramending,aslistedbelow.Completetheentireformandschedulesusingthecorrectedamounts.
1. FederalAudit.2. NetOperatingLossCarryback-IncludeForm56ora
scheduleshowingtheapplicationoftheloss.3. FederalAmended-Includeacompletecopyofyourfederal
return.4. Other-Includeanexplanation.
GENERAL INFORMATION
RESIDENCYAre you a resident, a nonresident, or a part-year resident?Thefollowingwillhelpyoudecide:
YouareanIdahoresident,eventhoughyouliveoutsideIdaho, ifthefollowingaretrue: - YouthinkofIdahoasyourpermanenthome. - Idahoisthecenterofyournancial,social,andfamilylife. - Idahoistheplaceyouintendtoreturntowhenyouare
away.
YouarealsoanIdahoresidentifthefollowingaretrue: - YoumaintainedahomeinIdahotheentireyear. - Youspentmorethan270daysinIdahoduringthetaxyear.
YouareanonresidentifyourpermanenthomeisoutsideofIdahoallyear.
Youareapart-yearresidentifyoumovedintooroutofIdahoduringthetaxyear.Youarestillaresidentif:
- YoutemporarilymovedoutsideofIdaho,or - YoumovedbacktoIdahoafteratemporaryabsence.
SPECIAL-CASE IDAHO RESIDENTSYouareconsideredanonresidentifallofthefollowingaretrue:
YouareanIdahoresidentwholivedoutsideofIdahoforat
least445daysina15-monthperiod.Aftersatisfyingthe15-monthperiod,youspentlessthan60
daysinIdahoduringtheyear. Youdidn'thaveapersonalresidenceinIdahoforyourselfor
yourfamilyduringanypartof2012. Youdidn'tclaimIdahoasyourfederaltaxhome. Youweren'temployedonthestaffofaU.S.senatoror
representative. Youdidn'tholdanelectiveorappointiveofceoftheU.S.
GovernmentotherthanthearmedforcesoracareerappointmentintheU.S.ForeignService.
ThisexceptiontobeingaresidentofIdahodoesn'tapplytoaqualiedservicemember.
SIGNATURESYoumustsignyourreturn.Yourspousealsomustsignifyouleajointreturn.Ifyourreturnispreparedbyapaidpreparer,hemustenterhisname,address,andidenticationnumber.Ifataxpayerisdeceasedorcan'tsignhisreturn,anauthorizedpersonmaysignthereturnindicatinghisstatusorrelationship.WriteFILINGASSURVIVINGSPOUSEorunabletosigninthesignaturespace.IfataxpayersignswithanX,hismarkmustbewitnessed.
TAX PREPARER CONTACT BOXThisboxappliesonlyifyoupaidataxpreparertocompleteyourreturn.Ifyoucheckthebox,youareauthorizingtheTaxCommissiontodiscussyourreturnwiththepaidprepareridentiedonthereturn.
Youarealsoauthorizingthepaidpreparerto: GivetheTaxCommissionanyinformationthatismissingfrom
yourreturn,and CalltheTaxCommissionforinformationabouttheprocessing
ofyourreturnorthestatusofyourrefundorpayments.
Youarenotauthorizingthepaidpreparertoreceiveanyrefundcheck,bindyoutoanythingincludinganyadditionaltaxliability,
orotherwiserepresentyoubeforetheTaxCommission.
Thisauthorizationisvalidforupto180daysfromthedatetheTaxCommissionreceivesthereturn.IfyouwanttheTaxCommissiontocontactyouratherthanyourpreparer,leavetheboxblank.
TAX YEAR AND ACCOUNTING METHODThetaxyearandaccountingmethodusedonyourIdahoreturnmustmatchthoseusedonyourfederalreturn.
FORM 40Instructionsareforlinesnotfullyexplainedontheform.Generalinformationinstructionsbeginningonpage2alsoapplytothisform.
-
7/28/2019 form 40 instructions.pdf
8/507
NEXT YEARS FORMSIfyouneedformsmailedtoyounextyear,checktheboxbelowyourSocialSecurityNumber.
LINES 1 THROUGH 5 FILING STATUSChecktheboxindicatingthesamelingstatusshownonyourfederalreturn.Refertofederalinstructionsforfurtherinformationonlingstatus.
LINE 6 EXEMPTIONSExemptionsclaimedonyourIdahoreturnmustmatchthe
exemptionsclaimedonyourfederalreturn.
Lines 6a and 6b.Yourself and Spouse. CAUTION:Ifyoucanbeclaimedasadependentonanotherpersonstaxreturn,suchasaparentsreturn,leavethebox"yourself"blank.Instead,checktheboxonline12c.
Ifyoucan'tbeclaimedasadependentonanotherpersonsreturn,youmayclaimoneexemptionforyourself.Enter"1"intheboxforYourself.Ifyouaremarriedlingajointreturn,youcanalsoclaimanexemptionforyourspouse.Enter"1"intheboxforSpouse.Ifyourspousediedduring2012andyouarelingajointreturn,youmayclaimtheexemptionforyourspouse.
Line 6c. Dependents. Listdependentsclaimedonyourfederalreturn.Ifyouhavemorethanfourdependents,continueon
Form39R,PartG.Enterthetotalnumberofdependentsinthebox.
Line 6d. Total Exemptions.Addlines6athrough6c.
Ifyouarelinganamendedreturn,youmustcheckthesameboxesascheckedontheoriginalreturn.
LINE 7 FEDERAL ADJUSTED GROSS INCOMEEntertheadjustedgrossincomereportedonyourfederalreturn:Form1040,line37;Form1040A,line21;orForm1040EZ,line4.
LINE 11 IDAHO ELECTION TO FORGO NET OPERATINGLOSS (NOL) CARRYBACKChecktheboxonline11ifyouelectunderSection63-3022(c),
IdahoCode,toforgotheIdahocarrybackperiodforanNOL.Ifyoucheckthisbox,youdon'tneedtoincludeaseparatestatementelectingtoforgotheIdahocarrybackperiod.
TAX COMPUTATION
LINE 12a AGE 65 OR OLDERIfyouare65orolder,checktheboxforYourself.Ifyouarelingajointreturnandyourspouseis65orolder,checktheboxforSpouse.AgeisdeterminedasofDecember31.However,ifyour65thbirthdaywasonJanuary1,2013,youmayconsideryourself65onDecember31,2012.Theboxesyoucheckmustmatchyourfederalreturn.
LINE 12b BLINDTheboxforYourselfmustbecheckedifyouareblind.Ifyou
arelingajointreturnandyourspouseisblind,checktheboxforSpouse.BlindnessisdeterminedasofDecember31.Theboxesyoucheckmustmatchyourfederalreturn.
LINE 12c CLAIMED DEPENDENTIfyourparentsorsomeoneelsecanclaimyouasadependentontheirtaxreturn,checkthisbox.
LINES 13-16 ITEMIZED OR STANDARD DEDUCTIONSMostpeoplecanndtheirstandarddeductionbylookingattheinstructionstotheleftofForm40,line16.However,if
youcheckanyboxesonlines12athrough12c; someonecanclaimyou,oryourspouseiflingjointly,asa
dependent;
usetheworksheetbelowtocalculateyourstandarddeductiontobeenteredonline16sinceyoumayuseeitheryourfederalitemizeddeductionsorstandarddeduction,whicheverbenetsyoumore.(Forexceptions,seeYOUMUSTITEMIZE.)
YouritemizeddeductionsarethesameasthoseusedonyourfederalForm1040.IdahorequiresthatallstateorlocalincometaxesshownonfederalScheduleAbesubtractedfromyourtotalitemizedamountbeforeyouusethisguretoreduceyourincome.Becauseofthisaddback,itmaybemorebenecialtoitemizeforfederalpurposes,butusethestandarddeductionfor
Idaho.
Ifyouoryourspousearenonresidentaliensforfederalpurposesandaren'tfromIndia,yourstandarddeductioniszero.IfyouarenonresidentaliensfromIndia,usethestandarddeductionindicatedforyourlingstatus.
Ifanitemizeddeductionallowableforfederalincometaxpurposesisreducedforthemortgageinterestcreditortheforeigntaxcredit,theamountthatwouldhavebeenallowedifthefederalcredithadn'tbeenclaimedisallowedasanitemizeddeduction.
Ifline15ismorethanline16,youshoulduseyouritemizeddeductionsonline15.Ifline16ismorethanline15,youshoulduseyourstandarddeductiononline16.
YOUMUSTITEMIZEifyouaremarried,lingaseparatereturn(lingstatus3)andyourspouseitemizes.Youmustitemizeifyouhaddualstatusasanonresidentalienforpartof2012andduringtherestoftheyearyouwerearesidentalienoraU.S.citizen.
However,youdon'thavetoitemizeifyouleajointreturnwithyourspousewhowasaU.S.citizenorresidentattheendof2012andyouandyourspouseagreetobetaxedonyourcombinedworldwideincome.
STANDARD DEDUCTION WORKSHEET
Usethisworksheetifsomeonecanclaimyou,oryourspouseiflingjointly,asadependent;youoryourspousewereborn
beforeJanuary2,1948;orwereblind.
1.Entertheamountshownbelowforyourling status. Singleormarriedlingseparately,enter$5,950. Marriedlingjointlyorqualifyingwidow(er), enter$11,900. Headofhousehold,enter$8,700.............. ....... ________2.Canyoubeclaimedasadependent? No.Entertheamountfromline1online4. Skipline3. Yes.Gotoline3.3.Isyourearnedincome*morethan$650? Yes.Add$300toyourearnedincome. Enterthetotal. No.Enter$950................................................________
4.Enterthesmallerofline1orline3.Ifbornafter January1,1948,andnotblind,enterthisamount online6.Otherwise,gotoline5.........................________5.IfbornbeforeJanuary2,1948,orblind,multiply thetotalnumberofboxescheckedonForm40, lines12aand12b,by$1,150($1,450ifsingleor headofhousehold)..............................................________6.Addlines4and5.Enterthetotalhereandon Form40,line16 ..................................................________
*Earnedincomeincludeswages,salaries,tips,professionalfees,andothercompensationreceivedforpersonalservicesyouperformed.Italsoincludesanyamountreceivedasascholarshipthatyoumustincludeinyourincome.Generally,yourearnedincomeisthetotaloftheamount(s)youreportedonfederalForm1040,lines7,12,and18,minustheamount,ifany,
online27.
FORM 40
-
7/28/2019 form 40 instructions.pdf
9/508
LINE 18 EXEMPTIONSMultiply$3,800bythetotalnumberofexemptionsenteredonline6d.
YourIdahoexemptionamountshouldbethesameasyourfederalexemptionamount.
LINE 20 TAXEnterthetaxonthisline.Ifline19islessthan$100,000,usethetaxtablesonpage36.Ifline19is$100,000ormore,usetheschedulesonpage47.Besureyouusethecorrectcolumn
inthetaxtableorthecorrectscheduleforyourlingstatus.Seetheexampleatthebeginningofthetaxtable.
Ifyoudon'tmeetthelingrequirement(seepage2)andarelingonlytoreceivearefundofwithheldtaxes,writeNRF(NotRequiredtoFile)onthisline.
CREDITS
LINE 22 INCOME TAX PAID TO OTHER STATESWhenthesameincomeistaxedbybothIdahoandanotherstate,youmaybeentitledtoacreditfortaxpaidtotheotherstate.UseForm39Rtocomputethecredit.YoumustincludeacopyoftheotherstatesincometaxreturnandForm39R.Ifcreditappliestomorethanonestate,useaseparateForm39Rforeachstate.Seeinstructions,page24.
Youmaybeentitledtoacreditfortaxpaidtoanotherstatebyapass-throughentity.Ifapass-throughentitypaidataxtoanotherstate,itshouldreportthatinformationtoyou.
ExamplesofincomethatmaybetaxedbybothIdahoandanotherstateinclude:
Wagesearnedinanotherstatethathasanincometax,suchasOregonorUtah,whilelivinginIdaho.
Incomefromabusinessorprofessionearnedinanotherstatethathasanincometax,whilearesidentofIdaho.
LINE 23 TOTAL CREDITS FOR CHARITABLECONTRIBUTIONS AND LIVE ORGAN DONATIONSYoumaybeentitledtoacreditifyoumadeacontributionto
aqualiedIdahoeducationalentity,centerforindependentliving,youthorrehabilitationfacilityoritsfoundation,anonprotsubstanceabusecenterlicensedbytheIdahoDepartmentofHealthandWelfare,ordonatedaqualiedorganfortransplantinginanotherindividual.CompleteForm39R,PartEandseepage24forspecicinstructions.EnterthetotalallowedcreditfromForm39R,PartE,line4andincludeForm39Rwithyourreturn.
LINE 24 TOTAL BUSINESS INCOME TAX CREDITSEnterthetotalallowedbusinessincometaxcreditsfromForm44,PartI,line12.Seepage34forspecicinstructions.IncludeForm44.
OTHER TAXES
LINE 27 FUELS TAX DUEIfyoubuygasoline,aircraftfuel,orspecialfuels(diesel,propane,ornaturalgas)withoutpayingthefuelstaxandlaterusethisfuelinlicensedvehiclesoraircraft,fuelstaxisdue.AddtheamountsonForm75,SectionIV,lines3and4,andenterthetotal.IncludeForm75.
LINE 28 SALES/USE TAX DUEIfyoumadepurchasesduringtheyearwithoutpayingsalestax,youmustreportusetaxonsuchpurchases.Examplesincludemagazinesubscriptions,out-of-statecatalogpurchases,merchandisepurchasedovertheInternet,bookandrecordclubs,purchasesinastatewherenosalestaxischarged,etc.Multiplythetotalamountofsuchpurchasesby6%(.06).IfyoucomputedusetaxonForm75,addittotheusetaxonotherpurchasesandenterthetotalonline28.
Ifyouhaveasalesorusetaxaccount,don'treportyoursalesorusetaxonthisline,butcontinuetoreportthetaxonthesepurchasesonyoursalesandusetaxreturns.
LINE 29 TOTAL TAX FROM RECAPTURE OF INCOME TAXCREDITSIfyouhaveclaimedIdahotaxcreditsthatceasetoqualify,youmustcomputethetaxcreditrecapture.EnterthetotaltaxfromrecaptureofincometaxcreditsfromForm44,PartII,line7.Seepage35forspecicinstructions.IncludeForm44.
LINE 30 TAX FROM RECAPTURE OF QUALIFIEDINVESTMENT EXEMPTION (QIE)IfyouhaveclaimedIdahoexemptionofpropertytaxesfrompropertythatceasestoqualify,youmustcomputetherecaptureofthequaliedinvestmentexemption.IncludeForm49ER.
LINE 31 PERMANENT BUILDING FUND (PBF)Youarerequiredtopaythe$10PBFtaxifyouarerequiredtoleanIdahoincometaxreturn.SeeFILINGREQUIREMENTSonpage2.
Youaren'trequiredtopaythe$10PBFtaxif:
yourgrossincomewaslessthantheamountspeciedforyourlingstatus.Drawalinethroughthe$10andenter"NRF"(NotRequiredtoFile).
youwerereceivingIdahopublicassistancepaymentsattheendofthetaxyear.Checktheboxonthislineanddrawalinethroughthe$10.FoodstampsandWICpaymentsdon'tqualifyasIdahopublicassistance.
youoryourspousewerelegallyblindattheendofthetaxyearDrawalinethroughthe$10.
DONATIONS
Thedonationsonlines33through40arevoluntaryandwilleitherreduceyourrefundorincreaseyourtaxdue.Yourchoicetodonateisirrevocable;youcan'tgetarefundlater.Thesedonationsmaybeitemizedascharitablecontributiondeductionsonyour2013incometaxreturn.Ifyouhavequestionsregardingyourdonation(s),youmaycontacttheagencieslisted.
Ifyouarelinganamendedreturn,yourdonationscan'tbelessthantheamountsontheoriginalreturn.
LINE 33 NONGAME WILDLIFE CONSERVATION FUNDContributionsareusedtoensuretheconservationofnongamewildlife,rareplants,andtheirhabitatsinIdaho,topromotegreaterawarenessofandappreciationforspeciesthatarenothunted,shed,ortrapped,andtoincreaseopportunitiestoviewandenjoywatchablewildlife.Donationsareusedforavarietyofprojectsincludingstudiesofrareanimalsinanefforttobettermanagethemsotheydontbecomethreatenedorendangered,educationalprogramsandcommunityprojects,developmentofwildlifeviewingsitesthroughoutthestate,informationalbrochures,andanongamewildlifenewspaperseriesavailabletothepublicandusedbyteachers.ContacttheDepartmentofFishandGameat(208)334-2920.
LINE 34 IDAHO CHILDREN'S TRUST FUND/PREVENT CHILDABUSE IDAHOContributionsareusedtoprotectourchildren,Idahossinglegreatestresource.TheChildren'sTrustsupportsworkincommunitiesthroughoutIdahotopreventchildabuseandneglectbeforeiteveroccurs.Preventingchildabuseensuresthefutureprosperityofthestate,supportscommunitiesandenhanceshealthychilddevelopment.Fundedprogramsincludefamilysupportandstrengtheningprograms,parenteducation,voluntaryhomevisitationforrst-timeparents,publicawarenessofthelife-longconsequencesofchildabuseandneglect,childabusepreventionandchildsafetyeducationinschools.ContacttheIdahoChildrensTrustFund/PreventChildAbuseIdahoat(208)386-9317orvisitwww.idahochildrenstrustfund.org.
FORM 40
-
7/28/2019 form 40 instructions.pdf
10/509
PAYMENTS AND OTHER CREDITS
LINE 42 GROCERY CREDITIfyou'rearesidentofIdaho,youmayclaimacreditforeachpersonalexemptionforwhichadeductionispermittedandclaimedonyourIdahoincometaxreturn,providedtheindividualclaimedasanexemptionisaresidentofIdaho.Ifyourparentsorsomeoneelsecanclaimyouasadependentontheirreturn,youcan'tclaimthiscreditonyourreturn.
Thecreditis$70perexemptionifyourtaxableincomeonline19
ismorethan$1,000.Ifyourtaxableincomeonline19is$1,000orless,thecreditis$90perexemption.
Youmayclaimanadditional$20ifyouareage65orolderonDecember31,2012andarearesidentofIdaho.Also,ifyourspouseisage65orolderandisaresidentofIdaho,youmayclaimanadditional$20.
Anindividualdoesn'tqualifyforthecreditforanymonthorpartofamonthforwhichhe:
receivedassistancefromthefederalfoodstampprogram; wasincarcerated;or livedillegallyintheUnitedStates.
MEMBERSOFTHEARMEDFORCES
AmemberoftheUnitedStatesArmedForceswhoisdomiciledinIdahoisallowedthecredit.IfyouliveinIdahobutareanonresidentundertheServicemembersCivilReliefAct,youaren'tallowedthegrocerycredit.
AspouseordependentofanonresidentmilitarypersonstationedinIdahomaybeanIdahoresidentorpart-yearresident.Thedomicileofadependentchildispresumedtobethatofthenonmilitaryspouse.
CompletetheworksheetthatcorrespondstoyourIdahotaxableincome,line19.Enterthetotalcomputedgrocerycreditonline42,ComputedAmount.Seethefollowinginstructionstodonateyourcredit.Ifyouaren'tdonatingyourcredit,enterthecomputedamountinthecolumnforline42.
GROCERY CREDIT WORKSHEETUse this worksheet when Idaho taxable income, line 19 is$1,000 or less.
Yourself: 1. Numberofqualiedmonths.............................. ________ 2. If65orolder,multiplyline1by$9.17. Ifqualiedfortheentireyear,enter$110........... ________
Ifunder65,multiplyline1by$7.50. Ifqualiedfortheentireyear,enter$90............ ________ Spouse(ifjointreturn): 3. Numberofqualiedmonths.............................. ________ 4. If65orolder,multiplyline3by$9.17. Ifqualiedfortheentireyear,enter$110........... ________
Ifunder65,multiplyline3by$7.50. Ifqualiedfortheentireyear,enter$90............ ________ Residentdependentsclaimedonline6c: 5. Enter$90foreachdependentwhoqualiesfor theentireyear.Iftheyqualifyforonlypartyear, computeasfollows: Numberofqualiedmonths____X$7.50........ ________ Numberofqualiedmonths____X$7.50........ ________ Numberofqualiedmonths____X$7.50........ ________ Numberofqualiedmonths____X$7.50........ ________
LINE 35 SPECIAL OLYMPICS IDAHOContributionsprovidesupportforyear-roundsportstrainingandcompetitionforchildrenandadultswithdevelopmentaldisabilitiesinIdaho.Throughsportstrainingandcompetition,SpecialOlympicsIdahoteacheslifeskillssuchasdedication,perseveranceandfocus,whileinstillingcondence.Withtheseskills,50%ofSpecialOlympicsathletesareemployedwhileonly10%-14%ofthegeneralpopulationofpeoplewithdevelopmentaldisabilitiesholdjobs.Donationstothisfundwillbeusedtobuysportsequipment,uniforms,food,lodgingandtransportationservicesforcompetitions,aswellashealthscreenings,outreach
programsandfamilysupportsystemsforadultsandchildrenwithdevelopmentaldisabilities.ContactSpecialOlympicsIdahoat(208)323-0482orvisitwww.idso.org.
LINE 36 IDAHO GUARD AND RESERVE FAMILY SUPPORTFUNDContributionsareusedtoassistmilitaryReservistsandtheirfamiliesinordertopromotetheoverallreadinessforthemtosupportourstateandfederalmissions.TheIdahoGuardandReserveFamilySupportFund(IGRFSF)helpsmembersoftheIdahoAirNationalGuard,theIdahoArmyNationalGuard,theAirForceReserve,theArmyReserve,theNavy&MarineCorpsReserve,andtheCoastGuardReserve,alongwiththeirfamilies,whendutycalls.TheFundactsasanemergencyrelieffundandoperatesasa501(c)(3)nonprotcorporation.ContacttheIdahoGuardandReserveFamilySupportFund,Inc.,at(208)
422-5799.
LINE 37 AMERICAN RED CROSS OF GREATER IDAHO FUNDContributionsprovidefood,shelter,clothing,andotherhelpfordisastervictims.Also,fundssupplyitemssuchasbeddingandcotsinareasaroundthestatetoprepareforlargescaleemergencies.DonationsalsosupporttheServicetotheArmedForcescommunicationsprogram,helpingactivedutymilitaryandtheirlovedonesinIdahocommunicateduringfamilyemergencies.ContacttheAmericanRedCrossofGreaterIdahoat(800)853-2570.
LINE 38 VETERANS SUPPORT FUNDContributionshelpprovidespecializedmedical/physicaltherapyequipmentforthethreeStateVeteransHomes,supportveteransorganizationsthroughoutthestate,assisthomelessveterans
programsinIdaho,promoteandmarkettheactivitiesoftheOfceofVeteransAdvocacy,developanongoingprogramfornurserecruitmentandretention,supplementtrainingforstateandcountyserviceofcers,andcreateanIdahodivisionofVeteransServicesscholarshipprogramtohelpveteransfundtheireducation.ContacttheIdahoDivisionofVeteransServicesat(208)577-2310.
LINE 39 IDAHO FOOD BANK FUNDContributionsassistIdahohungerrelieforganizationsinmeetingtheincreasingdemandforemergencyfoodneededbyhungryIdahofamilies,children,andseniorcitizens.ContributionsallowtheIdahoFoodbanktoprovideIdahocommunity-basednonprotgroupswithgrantstoincreasetheircapacitytoprovidehungerreliefservicesinIdaho.TheIdahoFoodBankFundisastatewidecollaborationadministratedbytheIdahoFoodbank,
CatholicCharitiesofIdaho,andCommunityActionPartnershipAssociationofIdaho.Visitwww.idahofoodbankfund.orgformoreinformation.
LINE 40 OPPORTUNITY SCHOLARSHIP PROGRAMContributionshelpprovideneed-basedscholarshipfundstoIdahohighschoolgraduateswhoattendapprovedhighereducationinstitutionswithinIdaho.Thisneed-basedprogramisbuiltonasharedresponsibilitymodel.Studentsmustcontributetocostofattendance,andapplyforothernancialaidsourcesincludingfederalaid.Awardsarerenewableforuptofouryearsandarebasedprimarilyonnancialneedwithsomeacademicconsideration.StudentsmustmeetaminimumGPAwhilecompletingtheirstudiestobeeligibleforrenewal.FormoreinformationabouttheIdahoOpportunityScholarshipProgram,pleasevisitwww.boardofed.idaho.gov/scholarship/
opportunity.asp.
FORM 40
-
7/28/2019 form 40 instructions.pdf
11/5010
LINE 44 FUELS TAX REFUNDIfyoubuyspecialfuels(diesel,propane,ornaturalgas)withIdahotaxincludedandusethisfuelforheatingorinoff-highwayequipment,youmaybeentitledtoarefundoftheIdahospecialfuelstaxyoupaid.EntertheamountfromForm75,SectionIV,line2.IncludeForm75.Heatingfuelisgenerallypurchasedwithoutpayingthetax.
Ifyoubuygasolineanduseitinunlicensedequipmentorauxiliaryengines,youmaybeentitledtoarefundoftheIdahogasolinetaxyoupaid.EntertheamountfromForm75,Section
IV,line1.IncludeForm75.
LINE 45 IDAHO INCOME TAX WITHHELDEnterthetotalamountofIdahoincometaxwithheldasshownonyourwithholdingstatements.IncludelegiblestatecopiesofForm(s)W-2,1099,andotherinformationformsthatshowIdahowithholding.
DON'Tclaimcreditfortaxwithheldforotherstatesorfederaltaxwithheld.DON'TincludeForm(s)W-2fromothertaxyearsorwriteonorchangetheamountsonyourForm(s)W-2.
LINE 46 FORM 51 PAYMENT(S)EnterthetotalpaymentsyoumadewithForm(s)51.Includetheamountofoverpaymentappliedfromyour2011return.
LINE 47 PASS-THROUGH INCOME TAX WITHHOLDINGAlthoughapass-throughentityisnotrequiredtowithholdorpayincometaxonanIdahoresidentowner,intheeventthatitdoes,includetheincometaxwithheldorpaidonthislineandincludeacopyofForm(s)IDK-1withyourincometaxreturn.
LINE 48 HIRE ONE ACT CREDIT FOR NEW EMPLOYEESYoumaybeentitledtoacreditifyouhiredanewemployeeonoafterApril15,2011.SeeinstructionsforForm72.EnterthetotacreditallowedfromForm72,PartIV,line2.IncludeForm72.
TAX DUE OR REFUND
LINE 51 PENALTY AND INTERESTPenalty:Ifyouleareturnaftertheduedateorfailtopaytherequiredamountbytheduedate,apenaltymaybedue.To
avoidpayinganypenalty,youmust:
Paybytheoriginalduedateatleast80%ofthetaxdueonthereturnor100%ofthetotaltaxreportedlastyear,and
Filethereturnbytheextendedduedateandpaythetaxduebytheearlierofthedatethereturnisledortheextendedduedate.
Ifyoupayatleast80%ofthetaxdueonthereturnor100%ofthetotaltaxreportedlastyearbytheoriginalduedate,butfailtolethereturnbytheextendedduedateorpaytheremainingtaxbytheearlierofthedatethereturnisledortheextendedduedate,thefollowingpenaltieswillapply:
Ifthereturnisledonorbeforetheextendedduedate,a0.5%permonthlatepaymentpenaltywillbecomputedontaxdue
fromthedatethereturnisledtothedateofpayment,or Ifthereturnisledaftertheextendedduedate,a5%per
monthlatelingpenaltywillbecomputedontaxduefromtheextendedduedatetotheearlierofthedatethereturnisledorthedatethetaxispaid,plusa0.5%permonthlatepaymentpenaltywillbecomputedontaxduefromthedatethereturnisledtothedatethetaxispaidifthetaxispaidafterthereturnisled.
Ifyoudon'tpayatleast80%ofthetaxdueonthereturnor100%ofthetotaltaxreportedlastyearbytheoriginalduedatethefollowingpenaltieswillapplyunlessthepaymentrequiredtosatisfytheextensioncriteriais$50orless:
Ifthereturnisledbytheoriginalduedate,a0.5%permonthlatepaymentpenaltywillbecomputedontaxduefromthe
datethereturnisledtothedateofpayment.
(Ifyouhavemorethanfourdependents,useadditionalpapertocompute.)
Totalcreditallowed: 6. Addamountsonlines2,4and5.Entertotal online42,ComputedAmount........................... ________
GROCERY CREDIT WORKSHEETUse this worksheet when Idaho taxable income, line 19 ismore than $1,000.
Yourself: 1. Numberofqualiedmonths.............................. ________ 2. If65orolder,multiplyline1by$7.50. Ifqualiedfortheentireyear,enter$90............ ________
Ifunder65,multiplyline1by$5.83. Ifqualiedfortheentireyear,enter$70............ ________ Spouse(ifjointreturn): 3. Numberofqualiedmonths.............................. ________ 4. If65orolder,multiplyline3by$7.50 Ifqualiedfortheentireyear,enter$90............ ________
Ifunder65,multiplyline3by$5.83. Ifqualiedfortheentireyear,enter$70............ ________
Residentdependentsclaimedonline6c: 5. Enter$70foreachdependentwhoqualiesfor theentireyear.Iftheyqualifyforonlypartyear, computeasfollows: Numberofqualiedmonths____X$5.83........ ________ Numberofqualiedmonths____X$5.83........ ________ Numberofqualiedmonths____X$5.83........ ________ Numberofqualiedmonths____X$5.83........ ________
(Ifyouhavemorethanfourdependents,useadditionalpapertocompute.)
Totalcreditallowed: 6. Addamountsonlines2,4and5.Entertotal online42,ComputedAmount........................... ________
DONATINGYOURGROCERYCREDITYoumaydonateyourentiregrocerycredittotheCooperativeWelfareFund.TheCooperativeWelfareFundisestablishedunderIdahoTitle56,PublicAssistanceandWelfare.Itisatrustfundinthestatetreasury,andallmoneyinthefundisappropriatedforpublicassistanceandwelfarepurposes.Theelectionismadebycheckingtheboxonline42andenteringzero(0)inthecolumnforline42.Theelectionisirrevocableandmaynotbechangedonanamendedreturn.
NOTE:Ifyouoryourspouseareage65orolderandqualifyforthecreditbutaren'trequiredtoleanIdahoincometaxreturn,youcanclaimthecreditonForm24.YoucangetthisformfromanyTaxCommissionofceorourwebsiteattax.idaho.gov.TherefundclaimisdueonorbeforeApril15,2013.
LINE 43 MAINTAINING A HOME FOR A FAMILY MEMBERAGE 65 OR OLDER OR A FAMILY MEMBER WITH ADEVELOPMENTAL DISABILITYIfyoumaintainedahouseholdforanimmediatefamilymember(s)age65orolderorwithadevelopmentaldisability,anddidn'tclaimadeductionof$1,000perpersononForm39R,PartB,line15,youmayclaimataxcreditof$100perperson(upto$300).
CompleteandincludeIdahoForm39R.Seeinstructions,page22.Youmayclaimthiscreditevenifyourgrossincomeislessthanthelingrequirement.
FORM 40
-
7/28/2019 form 40 instructions.pdf
12/5011
Contact your banktomakesureyourdepositwillbeacceptedandthatyouhavethecorrectroutingandaccountnumbers.
Enter your nine-digit routing number.Theroutingnumbermustbeginwith01through12,or21through32.
Enter the account numberoftheaccountintowhichyouwantyourrefunddeposited.Theaccountnumbercanbeupto17characters(bothnumbersandletters).Don'tincludehyphens,spaces,orspecialsymbols.Enterthenumberlefttorightandleaveanyunusedboxesblank.
Check the appropriate boxforaccounttype.Checkeithercheckingorsavings,butnotboth.
Thecheckexampleindicateswheretheproperbankinginformationislocated.Youareresponsiblefortheaccuracyofthisinformation.
Ifyournancialinstitutionrejectsyourrequestfordirectdeposit,youwillreceiveacheckbymailinstead.
AMENDED RETURN ONLY
Completelines57through60onlyifyouarelingthisreturnasanamendedreturn.
LINE 57 TOTAL DUE OR OVERPAYMENT ON THIS RETURN
Ifthetotaldueshownonline52isgreaterthanzero,enterthisamountonline57.Theamountfromline52shouldbeenteredasapositiveamount.
Ifline52iszero,entertheamountofoverpaymentthatisshownonline53online57.Theamountfromline53shouldbeenteredasanegativeamount.
Ifthereturnisledonorbeforetheextendedduedate,a2%permonthextensionpenaltywillbecomputedontaxduefromtheoriginalduedatetotheearlierofthedatethetaxispaidordatereturnisled,plusa0.5%permonthlatepaymentpenaltywillbecomputedontaxduefromthedatethereturnisledtothedatethetaxispaidifthetaxispaidafterthereturnisled.
Ifthereturnisledaftertheextendedduedatebutthetaxispaidonorbeforetheextendedduedate,a2%permonthextensionpenaltywillbecomputedontaxduefromtheoriginalduedatetothedatethetaxispaid.
Ifthereturnisledandthetaxispaidaftertheextendeddue
date,themaximum25%penaltywillapply.
Theminimumpenaltyis$10.Themaximumpenaltyis25%oftaxdue.
Idaho Medical Savings Account: IfyoumakeanIdahomedicalsavingsaccountwithdrawalthatissubjecttotaxandyouareunderage591/2,thewithdrawalissubjecttopenalty.Thepenaltyis10%oftheamountwithdrawn.Checktheboxandentertheamounthere.
Interest:Interestischargedontheamountoftaxdue,line50,fromtheoriginalduedateuntilpaid.Theratefor2013is3%.
LINE 52 TOTAL DUEEntertheamountyouowe,includingpenaltyandinterest,onthis
line.
Don'tsendcash.Paymentsoflessthan$1aren'trequired.A$20chargewillbeimposedonallreturnedchecks.
Makeyourcheck,cashier'scheck,ormoneyorderpayabletotheIdahoStateTaxCommission.BesuretowriteyourSocialSecurityNumberonitandincludeitwithyourreturn.
Topaybycreditcard,debitcardore-check,visitourwebsiteattax.idaho.gov,orcall(800)972-7660.
LINE 54 REFUNDEntertheamountofyouroverpaymentshownonline53thatyouwantrefundedtoyou.Refundsoflessthan$1won'tbeissued.Norefundwillbeissuedunlessareturnclaimingoverpayment
oftaxisledwithinthreeyearsaftertheduedateforling.RefundswillbereducedbyunpaidIdahotaxliabilities,andmaybeseizedforunpaidliabilitiesowedtootherstateagencies.
LINE 55 ESTIMATED TAXIfyouarelinganoriginalreturn,subtractline54fromline53.Theamountyouenterwillbeappliedtoyour2013taxandwon'tberefunded.
LINE 56 DIRECT DEPOSITCompleteline56ifyouwantustodeposityourrefunddirectlyintoyourbankaccountinsteadofmailingyouacheck.
IfyourrefundisbeingforwardedfromaUnitedStatesnancialinstitutiontoanancialinstitutionornancialagencylocatedoutsideoftheUnitedStates,checktheboxonline56.If,after
lingyourIdahoincometaxreturn,youbecomeawarethatyourelectronicrefundpaymentwillbeelectronicallydepositedinanancialinstitutionornancialagencylocatedoutsideoftheUnitedStates,pleasenotifyusat:
IDAHOSTATETAXCOMMISSION POBOX56 BOISEID83756-0056
FORM 40
-
7/28/2019 form 40 instructions.pdf
13/5012
GROCERY CREDIT REFUND ONLYToqualifyforarefundofthegrocerycredit,youmustbearesidentofIdahooranIdahoresidentonactivemilitaryduty.Part-yearresidentsareentitledtoclaimaproratedcreditagainsttheirtaxliability;however,part-yearresidentsarenotentitledtoarefundofanyexcesscredit.Nonresidentsdonotqualifyforthecredit.
Ifyouwerearesident,butyourspousewasapart-yearresidentornonresidentandyouarenotrequiredtoleanincometaxreturn,youmayleForm43toclaimarefundofthegrocerycreditallowedtotheresident.
Youarenotrequiredtoincludeacopyofthefederalreturn.
YoumustcompleteForm43asfollows: Completethetopoftheformthroughline6d,exemptionsand
dependents. Skiplines7through27. Write"NRF" online28,columnA.Leaveline28,columnB
blank. Skiplines29through31. Completeline32aifyouoryourspouseareage65orolder. Skiplines32bthrough50. Crossthroughthe$10online51,PermanentBuildingFund,andwrite"NRF." Skiplines52through60. Enteryourgrocerycreditamountonline61usingthegrocery
creditworksheetonpage17forIdahotaxableincomeof$1,000orless.
Completeapplicablelines62through75. Skiplines76through79. CompletethebottomofForm43,page1,belowline27.
HEADINGWriteyourname,address,andSocialSecurityNumber(SSN)inthespacesprovided.Ifyoudon'thaveanSSN,writeinyourIndividualTaxIdenticationNumber(ITIN).
Idahowon'tprocessthereturniftheSSNspacedoesn'tcontain
avalidSSNorITIN.Ifyou'veappliedforanITINandhaven'treceiveditfromtheInternalRevenueServicebeforeyouleyourIdahoreturn,enter"FormW-7"inthespaceprovidedfortheSSN.Ifyouenter"FormW-7",includeacopyofyourfederalFormW-7withyourreturn.OnceyoureceiveyourITINfromtheInternalRevenueService,youmustprovideittotheTaxCommissionbeforeyourreturncannishprocessing.
IfyoureceiveanSSNafterusinganITIN,youmustusetheSSNandstopusingyourITIN.It'syourresponsibilitytonotifytheTaxCommissionsoyourreturncannishprocessing.
BesurethatyourreturnandW-2form(s)showthecorrectSSNorITIN.AnerrorinyourSSNorITINwilldelayyourrefund.
AMENDED RETURN
Thisformcanbeusedasanoriginalreturnoranamendedreturn.Ifyouarelingthisformasanamendedreturn,checktheboxatthetopoftheform.Entertheapplicablereason(s)foramending,aslistedbelow.Completetheentireformandschedulesusingthecorrectedamounts.
1. FederalAudit.2. NetOperatingLossCarryback-IncludeForm56ora
scheduleshowingtheapplicationoftheloss.3. FederalAmended-Includeacompletecopyofyourfederal
return.4. Other-Includeanexplanation.
NEXT YEARS FORMSIfyouneedformsmailedtoyounextyear,pleasechecktheboxbelowyourSocialSecurityNumber.
NONRESIDENT ALIENNonresidentaliensforfederalpurposesarenonresidentsforIdahoincometaxpurposes.Ifyou(oryourspouse)areanonresidentalien,checktheboxbelowtheaddress,andcheckNonresidentforyourresidencystatus.RESIDENCY STATUSChecktheboxthatappliestoyourresidencystatusfor2012.
Ifyouaremarriedandlingajointreturn,checktheboxthatappliestoyourspousesresidencyfor2012.UseForm43ifoneofyouisaresidentandtheotherisn't,andyouledajointfederalreturn.Seepage6todetermineyourstatus.
1. Ifyou(oryourspouse)arearesidentofIdaho,checkbox1.
2. Ifyou(oryourspouse)areamemberofthearmedforcesonactivemilitarydutyoutsideIdahoandIdahoisyourstateofpermanentresidence,checkbox2.(AnIdahoresidentonactivemilitarydutyinoroutsideIdahomustleonForm40unlessyourspouseisapart-yearresidentornonresident.)
3. Ifyou(oryourspouse)areanonresident,checkbox3.
4. Ifyou(oryourspouse)movedintooroutofIdahoandwerea
residentforonlypartoftheyear,checkbox4.
5. Ifyou(oryourspouse)areinIdahoonmilitaryordersbutyourstateofpermanentresidenceisanotherstate,checkbox5.Seetheinstructionsformilitarypersonnelonpage4ofthisbooklet.
Iftheearnedincomeofaservicemember'sspouseisexemptfromIdahotaxationasdescribedonpage4ofthisbookletundermilitarypersonnel,onIdahoForm43theservicememberwouldcheckbox5andthequalifyingspousewouldcheckbox3.
FULL MONTHS IN IDAHO THIS YEARIfyouwereapart-yearresident,enterthenumberoffullmonthsyoulivedinIdahoin2012.Ifyouaremarriedandlingajoint
return,enterthenumberoffullmonthsyourspouselivedinIdahoin2012.Nonresidentsdon'trespondtothisquestion.
CURRENT STATE OF RESIDENCEUsethetwoletterstateabbreviationtoreportyourcurrentstateofresidence.Forexample,ifyoumovedtoIdahoduring2012,useID.Allpart-yearresidentsandnonresidentsmustcompletethissection.Spouseshavingseparatedomicilesmayreportdifferentstates.Ifyouareamilitarynonresident,indicateyourmilitaryhomeofrecord.
LINES 1 THROUGH 5 FILING STATUSChecktheboxindicatingthesamelingstatusshownonyourfederalreturn.Refertofederalinstructionsforfurtherinformationonlingstatus.
LINE 6 EXEMPTIONSExemptionsclaimedonyourIdahoreturnmustmatchtheexemptionsclaimedonyourfederalreturn.
Lines 6a and 6b. Yourself and Spouse.CAUTION: Ifyoucanbeclaimedasadependentonanotherpersonstaxreturn,suchasaparentsreturn,leavetheboxfor"yourself"blank.Instead,checktheboxonline32c.
Ifyoucan'tbeclaimedasadependentonanotherpersonsreturn,youmayclaimoneexemptionforyourself.Enter"1"intheboxforYourself.Ifyouaremarriedlingajointreturn,youcanalsoclaimanexemptionforyourspouse.Enter"1"intheboxforSpouse."Ifyourspousediedduring2012andyouarelingajointreturn,youmayclaimtheexemptionforyourspouse.
FORM 43Instructionsareforlinesnotfullyexplainedontheform.
Generalinformationinstructionsbeginningonpage2alsoapplytothisform.
-
7/28/2019 form 40 instructions.pdf
14/5013
receiptofinstallmentsaleproceedswhileyouwereanIdahoresident.FromfederalForm1040A,line10,enterthecapitalgaindistributionsreceivedwhileyouwereanIdahoresident.
LINE 13 OTHER GAINS OR LOSSESFromfederalForm1040,line14,enterothergainsorlossesreportedonSchedule4797thatoccurredwhileanIdahoresidenorpart-yearresidentorfromanIdahobusiness.
LINE 14 IRA DISTRIBUTIONSFromfederalForm1040,line15b,orForm1040A,line11b,
entertheamountofIRAdistributionsreceivedwhileanIdahoresidentorpart-yearresident.
LINE 15 PENSIONS AND ANNUITIESFromfederalForm1040,line16b,orForm1040A,line12b,entertheamountofpensionsandannuitiesreceivedwhileanIdahoresidentorpart-yearresident.
LINE 16 RENTS, ROYALTIES, PARTNERSHIPS, ETC.FromfederalForm1040,line17,entertheamountreportedonScheduleEearnedorreceivedwhileanIdahoresidentorpart-yearresident,orrelatedtoIdahobusinessorproperty.PassiveactivitylossesfromIdahoactivitiesthatare"Allowed"lossesfromthefederalForm8582andcorrespondingworksheetsshouldbereportedhere.
LINE 17 FARM INCOME OR LOSSFromfederalForm1040,line18,entertheamountreportedonScheduleFthatrepresentsfarmincomeorlossincurredwhileanIdahoresidentorpart-yearresident,orfromanIdahofarmingoperation.AnonresidentoperatingafarminIdahoandanotherstatemustapportionincomeorlossaccordingtoIdahoCodeSection63-3027.CompleteandincludeIdahoForm402.
LINE 18 UNEMPLOYMENT COMPENSATIONFromfederalForm1040,line19;Form1040A,line13;orForm1040EZ,line3,enteranyunemploymentcompensationreceivedwhileanIdahoresidentorpart-yearresident.EntertheamountreceivedfromtheIdahoDepartmentofLaborwhileanonresident.
LINE 19 OTHER INCOME
FromfederalForm1040,line21,enteranyotherincomereceivedwhileanIdahoresidentorpart-yearresident,orfromanIdahosource.
IDAHO ADJUSTMENTS
LINE 21 DEDUCTIONS FOR IRAs AND HEALTH SAVINGSACCOUNTSEnterIdaho'sportionoftheIRAdeductionincludedonfederalForm1040,line32,orForm1040A,line17;Idaho'sportionofthedeductionforafederalhealthsavingsaccountincludedonForm1040,line25;Idaho'sportionoftheArcherMSAdeductionincludedonForm1040,line36;andIdaho'sportionoftheIRC501(c)(18)(D)retirementplanincludedonForm1040,line36.
1. Entertheamountofwagesandearnedincome
youcomputedonthefederalIRAdeduction worksheetandtheamountofincomederived bythetaxpayerfromthebusinesswithrespect towhichthefederalhealthsavingsaccount deductionisclaimed........................................... ________2. Entertheamountfromline1receivedwhile anIdahoresidentorpart-yearresident,orfrom Idahosources...................................................... ________3. Divideline2byline1.(Can'texceed100%)....... %4. EnteramountsfromfederalForm1040, lines25,32,andthewrite-inadjustments writteninleftofline36,codedMSAor
501(c)(18)(D);orForm1040A,line17.............. ... ________5. Multiplyline4byline3.Enterthisamount online21.............................................................. ________
Line 6c. Dependents. Listdependentsclaimedonyourfederalreturn.Ifyouhavemorethanfourdependents,continueonForm39NR,PartG.Enterthetotalnumberofdependentsinthebox.
Line 6d. Total Exemptions. Addlines6athrough6c.
IDAHO INCOME
Youmustcompleteyourfederalincometaxreturnbeforeyoubeginthisform.Youwillusetheinformationyouenteredonyour
federalincometaxreturntocompleteyourForm43.
LINE 7 WAGES, SALARIES, TIPS, ETC.Enterthetotalwages,salaries,tips,etc.receivedforallemploymentwhileanIdahoresidentorpart-yearresidentandforallworkperformedinIdahowhileanonresident.IfyouareanonresidentwhoworksforanemployerbothinIdahoandoutsideofIdaho,pleasecontacttheTaxCommissiontorequestacopyofthepublicationentitled"ResidencyStatusandIdahoSourceIncome"orvisitourwebsiteattax.idaho.gov.ThispublicationwillexplainhowtodeterminetheamountofincomethatistaxabletoIdaho.
IfyourmilitaryhomeofrecordisIdahoandyouareonactivedutyoutsideIdaho,includeallofyourwages.YouractivedutymilitarywagesearnedoutsideofIdahocanbedeductedon
Form39NR,PartB,line7.Ifyouhavenonmilitarywagesthataretaxabletoanotherstate,youcantakeacreditfortaxpaidtootherstatesonForm39NR,PartD.
Ifyourmilitaryhomeofrecordwasn'tIdahoandyouwereonactivedutyinIdaho,don'tincludeyourmilitarywages.
Iftheservicemember'sspouse'searnedincomeisexemptfromIdahotaxationasdescribedonpage4ofthisbookletundermilitarypersonnel,don'tincludethequalifyingspouse'swages.
Ifthewagesonline7don'tmatchtheIdahoincomeamountsonyourForm(s)W-2,pleaseincludeascheduleorexplanation.
LINE 8 TAXABLE INTEREST INCOMEFromfederalForm1040,line8a,Form1040A,line8a,orForm
1040EZ,line2,enterall: InterestincomereceivedwhileanIdahoresident. BusinessinterestincomeearnedfromIdahosources. InterestincomeoninstallmentsalesofIdahoproperty.
NOTE:Don'tincludeinterestearnedfromapersonalbankaccountinIdahowhileanonresident.
LINE 9 DIVIDEND INCOMEFromfederalForm1040,line9a,orForm1040A,line9a,enterdividendsearnedwhileanIdahoresidentorpart-yearresidentanddividendsearnedfromIdahosourceswhileanonresident.
LINE 10 ALIMONY RECEIVEDFromfederalForm1040,line11,enteralimonyreceivedwhilean
Idahoresidentorpart-yearresident.
LINE 11 BUSINESS INCOME OR LOSSFromfederalForm1040,line12,entertheincome(loss)reportedonScheduleCorC-EZfrombusinessesorprofessionsengagedinwhileanIdahoresidentorpart-yearresidentorconductedinIdahowhileanonresident.AnonresidentconductingbusinessinIdahoandanotherstatemustapportionincomeorlossaccordingtoIdahoCodeSection63-3027.CompleteandincludeIdahoForm402.
LINE 12 CAPITAL GAIN OR LOSSFromfederalForm1040,line13,enterthegainorlossreportedonScheduleDfromthesaleofcapitalassetslocatedinIdaho,thesaleofcapitalassetswhileyouwereresidinginIdaho,or
FORM 43
-
7/28/2019 form 40 instructions.pdf
15/5014
LINE 27 IDAHO ELECTION TO FORGO NET OPERATINGLOSS (NOL) CARRYBACKChecktheboxonline27ifyouelectunderSection63-3022(c),IdahoCode,toforgotheIdahocarrybackforanNOL.Ifyoucheckthisbox,youdon'tneedtoincludeaseparatestatementelectingtoforgotheIdahocarrybackperiod.
LINE 28 ADJUSTED GROSS INCOMEColumnA:ThismustbethesameamountofAdjustedGrossIncomeasreportedonyourfederalreturn:Form1040,line37;Form1040A,line21;orForm1040EZ,line4.
ColumnB:ThisisIdahoAdjustedGrossIncome.Entertheamountfromline27.
TAX COMPUTATION
LINE 32a AGE 65 OR OLDERIfyouare65orolder,checktheboxforYourself".Ifyouarelingajointreturnandyourspouseis65orolder,checktheboxforSpouse.AgeisdeterminedasofDecember31.However,ifyour65thbirthdaywasonJanuary1,2013,youmayconsideryourself65onDecember31,2012.Theboxesyoucheckmustmatchyourfederalreturn.
LINE 32b BLINDTheboxforYourselfmustbecheckedifthetaxpayerisblind.
Ifyouarelingajointreturnandyourspouseisblind,checktheboxforSpouse.BlindnessisdeterminedasofDecember31.Theboxesyoucheckmustmatchyourfederalreturn.
LINE 32c CLAIMED DEPENDENTIfyourparentsorsomeoneelsecanclaimyouasadependentontheirtaxreturn,checkthisbox.LINES 33-36 ITEMIZED OR STANDARD DEDUCTIONSMostpeoplecanndtheirstandarddeductionbylookingattheinstructionstotheleftofForm43,line36.However,if
youcheckanyboxesonlines32athrough32c; someonecanclaimyou,oryourspouseiflingjointly,asa
dependent;usetheworksheetbelowtocalculateyourstandarddeductiontobeenteredonline36sinceyoumayuseeitheryourfederalitemizeddeductionsorstandarddeduction,whicheverbenetsyoumore.Forexceptions,seeYOUMUSTITEMIZE.
Ifyouoryourspousearenonresidentaliensforfederalpurposesandaren'tfromIndia,yourstandarddeductioniszero.IfyouarenonresidentaliensfromIndia,usethestandarddeductionindicatedforyourlingstatus.
YouritemizeddeductionsarethesameasthoseusedonyourfederalForm1040.IdahorequiresthatallstateorlocalincometaxesshownonfederalScheduleAbesubtractedfromyourtotalitemizedamountbeforeyouusethisguretoreduceyourincome.Becauseofthisaddback,itmaybemorebenecialtoitemizeforfederalpurposes,butusethestandarddeductionfor
Idaho.
Ifanitemizeddeductionallowableforfederalincometaxpurposesisreducedforthemortgageinterestcreditortheforeigntaxcredit,theamountthatwouldhavebeenallowedifthefederalcredithadn'tbeenclaimedisallowedasanitemizeddeduction.
Ifline35ismorethanline36,youshoulduseyouritemizeddeductionsonline35.Ifline36ismorethanline35,youshoulduseyourstandarddeductiononline36.
FORM 43
LINE 22 MOVING EXPENSES, ALIMONY PAID, ANDSTUDENT LOAN INTERESTIfyouclaimedadeductiononfederalForm1040,line26,31a,or33,oronfederalForm1040A,line18,formovingexpenses,alimonypaid,orstudentloaninterest,completethisworksheettodetermineyourIdahodeduction,ifany:
1. EntertotalincomefromForm43,line20............. ________2. EntertotalincomefromfederalForm1040, line22,orForm1040A,line15........................... ________3. Divideline1byline2.(Can'texceed100%)....... %
4. Entertotalmovingexpense,alimonypaid, andstudentloaninterest...................................... ________5. Multiplyline4byline3.Enterthisamount online22............................................................. ________
LINE 23 DEDUCTIONS FOR SELF-EMPLOYEDEnterIdaho'sportionofthedeductionsforself-employmenttax,self-employedhealthinsurance,andcontributionstoaSEP,SIMPLE,orqualiedplansreportedonyourfederalForm1040,lines27,28,and29.Note:Scorporationwagespaidtoamorethan2%shareholderqualifyforself-employedhealthinsurance.TocomputeIdaho'sportion,completethisworksheet.
1. Entertheamountofself-employmentincome reportedonForm43,line11(businessincome), line17(farmincome),line16(income
frompartnerships),andline7(wagesfrom anScorporationpaidtoamorethan2% shareholder)......................................................... ________2. Entertheamountofself-employmentincome reportedonfederalForm1040,line12 (businessincome),line18(farmincome), line17(incomefrompartnerships),andline7 (wagesfromanScorporationpaidtoamore than2%shareholder).......................................... ________3. Divideline1byline2.(Can'texceed100%)...... %4. FromfederalForm1040,enterthetotalof lines27,28,and29............................................ ________5. Multiplyline4byline3.Enterthisamount online23............................................................. ________
LINE 24 PENALTY ON EARLY WITHDRAWAL OF SAVINGS
EntertheamountfromfederalForm1040,line30thatrelatestointerestincomereportedasIdahoincome.
LINE 25 OTHER DEDUCTIONSYoumaybeentitledtoanIdahodeductionifyouclaimedadeductiononfederalForm1040,lines24,35,or36relatingtoreservists,performingartists,fee-basedgovernmentofcials;domesticproductionactivities;orasawrite-indeductionforrentalofpersonalproperty,reforestationamortizationandexpenses*,repaymentofsupplementalunemploymentbenets,attorneyfeesandcourtcosts,andjurydutypay.DividetheamountofincomerelatingtothatitemincludedinIdahototalincomebytheincomerelatingtotheitemincludedinfederaladjustedgrossincome.ThispercentageismultipliedbythedeductionclaimedonyourfederalreturntocalculatethedeductionallowedonyourIdahoreturn.Forexample,divide
Idahojurypay,includedinIdahototalincome,bytotaljurypayincludedinfederaladjustedgrossincome,toarriveatapercentage(can'texceed100%).Multiplythatpercentagebytheamountofthejurypayclaimedasadeductiononyourfederalreturn.Repeatthisstepforeachoftheaforementioneddeductions,totaltheresultforeachdeduction,andentertheamountonline25.Includeacopyofyourcalculationswithyourreturn.
*Ifthereisnoincomefromtherelatedtimberoperationsfortheyearofthereforestationdeduction,thedeductionforreforestationshallbebasedonthepercentageofpropertyinIdahotototalpropertytowhichthereforestationamortizationandexpenserelates.
-
7/28/2019 form 40 instructions.pdf
16/5015
CREDITS
LINE 43 INCOME TAX PAID TO OTHER STATESNonresidentsdon'tqualifyforthiscredit.
Part-yearresident:WhenthesameincomeistaxedbybothIdahoandanotherstatewhileyouareanIdahoresident,youmaybeentitledtoacreditfortaxpaidtotheotherstate.UseForm39NR,PartC,tocomputethecredit.YoumustincludeacopyoftheotherstatesincometaxreturnandForm39NR.Ifthecreditappliestomorethanonestate,useaseparateForm
39NRforeachstate.
Idahoresidentonactivemilitaryduty:UseForm39NR,PartDtocomputethecredit.
Certainpart-yearresidentsmaybeentitledtoacreditfortaxpaidtoanotherstatebyapass-throughentity.Ifapass-throughentitypaidataxtoanotherstate,itshouldreportthatinformationtoyou.
LINE 44 TOTAL CREDITS FOR CHARITABLECONTRIBUTIONS AND LIVE ORGAN DONATIONSYoumaybeentitledtoacreditifyoumadeacontributiontoaqualiedIdahoeducationalentity,centerforindependentliving,youthorrehabilitationfacilityoritsfoundation,anonprotsubstanceabusecenterlicensedbytheIdahoDepartment
ofHealthandWelfare,ordonatedaqualiedorganfortransplantinginanotherindividual.CompleteForm39NR,PartEandseepage32forspecicinstructions.EnterthetotalallowedcreditfromForm39NR,PartE,line4andincludeForm39NRwithyourreturn.
LINE 45 TOTAL BUSINESS INCOME TAX CREDITSEnterthetotalallowedbusinessincometaxcreditsfromForm44,PartI,line12.Seepage34forspecicinstructions.IncludeForm44.
OTHER TAXES
LINE 47 FUELS TAX DUEIfyoubuygasoline,aircraftfuel,orspecialfuels(diesel,propaneornaturalgas)withoutpayingthefuelstaxandlaterusethisfuel
inlicensedvehiclesoraircraft,fuelstaxisdue.AddtheamountsonForm75,SectionIV,lines3and4,andenterthetotal.IncludeForm75.
LINE 48 SALES/USE TAX DUEIfyoumadepurchasesduringtheyearwithoutpayingsalestax,youmustreportusetaxonsuchpurchases.Examplesincludemagazinesubscriptions,out-of-statecatalogpurchases,merchandisepurchasedovertheInternet,bookandrecordclubs,purchasesinastatewherenosalestaxischarged,etc.Multiplythetotalamountofsuchpurchasesby6%(.06).IfyoucomputedusetaxonForm75,addittotheusetaxonotherpurchasesandenterthetotalonline48.
Ifyouhaveasalesorusetaxaccount,don'treportyoursalesorusetaxonthisline,butcontinuetoreportthetaxonthese
purchasesonyoursalesandusetaxreturns.
LINE 49 TOTAL TAX FROM RECAPTURE OF INCOME TAXCREDITSIfyouhaveclaimedIdahotaxcreditsthatceasetoqualify,youmustcomputethetaxcreditrecapture.EnterthetotaltaxfromrecaptureofincometaxcreditsfromForm44,PartII,line7.Seepage35forspecicinstructions.IncludeForm44.
LINE 50 TAX FROM RECAPTURE OF QUALIFIEDINVESTMENT EXEMPTION (QIE)IfyouhaveclaimedIdahoexemptionofpropertytaxesfrompropertythatceasestoqualify,youmustcomputetherecaptureoftheQIE.IncludeForm49ER.
YOUMUSTITEMIZEifyouaremarried,lingaseparatereturn(lingstatus3)andyourspouseitemizes.Youmustitemizeifyouwereanonresidentalienforanypartof2012.However,youdon'thavetoitemizeifyouleajointreturnwithyourspousewhowasaU.S.citizenorresidentattheendof2012andyouandyourspouseagreetobetaxedonyourcombinedworldwideincome.
STANDARD DEDUCTION WORKSHEET
Usethisworksheetifsomeonecanclaimyou,oryourspouse
iflingjointly,asadependent;youoryourspousewerebornbeforeJanuary2,1948;orwereblind.
1.Entertheamountshownbelowforyourling status. Singleormarriedlingseparately,enter$5,950. Marriedlingjointlyorqualifyingwidow(er), enter$11,900. Headofhousehold,enter$8,700.............. ....... ________2.Canyoubeclaimedasadependent? No.Entertheamountfromline1online4. Skipline3. Yes.Gotoline3.3.Isyourearnedincome*morethan$650? Yes.Add$300toyourearnedincome. Enterthetotal.
No.Enter$950................................................________4.Enterthesmallerofline1orline3.Ifbornafter January1,1948,andnotblind,enterthisamount online6.Otherwise,gotoline5......................... ________5.IfbornbeforeJanuary2,1948,orblind,multiply thetotalnumberofboxescheckedonForm43, lines32aand32b,by$1,150($1,450ifsingleor headofhousehold)..............................................________6.Addlines4and5.Enterthetotalhereandon Form43,line36..................................................________
*Earnedincomeincludeswages,salaries,tips,professionalfees,andothercompensationreceivedforpersonalservicesyouperformed.Italsoincludesanyamountreceivedasascholarshipthatyoumustincludeinyourincome.Generally,yourearnedincomeisthetotaloftheamount(s)youreportedon
federalForm1040,lines7,12,and18,minustheamount,ifanyonline27.
LINE 37 EXEMPTIONSMultiply$3,800bythetotalnumberofexemptionsenteredonline6d.
YourIdahoexemptionamountshouldbethesameasyourfederalexemptionamount.
LINE 39 IDAHO PERCENTAGEDividetheamountfromline31,ColumnB,bytheamountfromline31,ColumnA.Roundtofourdigitstotherightofthedecimalpoint.Forexample.66666isroundedto.6667andshouldbeenteredas66.67%.Thepercentagecan'texceed100%,orbelessthanzero.
LINE 42 TAXEnterthetaxonthisline.Ifline41islessthan$100,000,usethetaxtablesonpage36.Ifline41is$100,000ormore,usetheschedulesonpage47.Besureyouusethecorrectcolumninthetaxtableorthecorrectscheduleforyourlingstatus.Seetheexampleatthebeginningofthetaxtables.
Ifyoudon'tmeetthelingrequirement(seepage2)andarelingonlytoreceivearefundofwithheldtaxes,writeNRF(NotRequiredtoFile)onthisline.
FORM 43
-
7/28/2019 form 40 instructions.pdf
17/5016
SpecialOlympicsIdahoteacheslifeskillssuchasdedication,perseveranceandfocus,whileinstillingcondence.Withtheseskills,50%ofSpecialOlympicsathletesareemployedwhileonly10%-14%ofthegeneralpopulationofpeoplewithdevelopmentadisabilitiesholdjobs.Donationstothisfundwillbeusedtobuysportsequipment,uniforms,food,lodgingandtransportationservicesforcompetitions,aswellashealthscreenings,outreachprogramsandfamilysupportsystemsforadultsandchildrenwithdevelopmentaldisabilities.ContactSpecialOlympicsIdahoat(208)323-0482orvisitwww.idso.org.
LINE 57 NONGAME WILDLIFE CONSERVATION FUNDContributionsareusedtoensuretheconservationofnongamewildlife,rareplants,andtheirhabitatsinIdaho,topromotegreaterawarenessofandappreciationforspeciesthatarenothunted,shed,ortrapped,andtoincreaseopportunitiestoviewandenjoywatchablewildlife.Donationsareusedforavarietyofprojectsincludingstudiesofrareanimalsandplantsinanefforttobettermanagethemsotheydontbecomethreatenedorendangered,educationalprogramsandcommunityprojects,developmentofwildlifeviewingsitesthroughoutthestate,informationalbrochures,andanongamewildlifenewspaperseriesavailabletothepublicandusedbyteachers.ContacttheDepartmentofFishandGameat(208)334-2920.
LINE 58 AMERICAN RED CROSS OF IDAHOContributionsprovidefood,shelter,clothing,andotherhelp
fordisastervictims.Also,fundssupplyitemssuchasbeddingandcotsinareasaroundthestatetoprepareforlargescaleemergencies.DonationsalsosupporttheServicetotheArmedForcescommunicationsprogram,helpingactivedutymilitaryandtheirlovedonesinIdahocommunicateduringfamilyemergencies.ContacttheAmericanRedCrossofGreaterIdahoat(800)853-2570.
LINE 59 IDAHO FOODBANK FUNDContributionsassistIdahohungerrelieforganizationsinmeetingtheincreasingdemandforemergencyfoodneededbyhungryIdahofamilies,children,andseniorcitizens.ContributionsallowtheIdahoFoodbanktoprovideIdahocommunity-basednonprotgroupswithgrantstoincreasetheircapacitytoprovidehungerreliefservicesinIdaho.TheIdahoFoodBankFundisastatewidecollaborationadministratedbytheIdahoFoodbank,
CatholicCharitiesofIdaho,andCommunityActionPartnershipAssociationofIdaho.Visitwww.idahofoodbankfund.orgformoreinformation.
PAYMENTS AND OTHER CREDITS
LINE 61 GROCERY CREDITNonresidentsdon'tqualifyforthiscredit.
Ifyourparentsorsomeoneelsecanclaimyouasadependentontheirtaxreturn,youcan'tclaimthiscreditonyourreturn.
Ifyou'reapart-yearresidentyou'reentitledtoaproratedcreditbasedonthenumberofmonthsyouweredomiciledinIdahoduringthetaxyear.Forthispurpose,morethan15daysofamonthistreatedasafullmonth.
Thecreditallowedforpart-yearresidentscan'texceedtheamountonline42lessline43.Grocerycreditisn'trefundedtopart-yearresidents.Thecreditis$70perexemptionifyourtaxableincomeonline41ismorethan$1,000.Ifyourtaxableincomeonline41is$1,000orless,thecreditis$90perexemption.
Youmayclaimanadditional$20ifyouareage65orolderonDecember31,2012andarearesidentofIdaho.Also,ifyourspouseisage65orolderandisaresidentofIdaho,youmayclaimanadditional$20.
LINE 51 PERMANENT BUILDING FUND (PBF)Youarerequiredtopaythe$10PBFtaxifyourIdahogrossincomeequalsorexceedsthelingrequirementsonpage2.
Youaren'trequiredtopaythe$10PBFtaxif:
yourIdahogrossincomewaslessthantheamountspeciedforyourlingstatus.Drawalinethroughthe$10andenterNRF(NotRequiredtoFile).
youwerereceivingIdahopublicassistancepaymentsattheendofthetaxyear.Checktheboxonthislineanddrawaline
throughthe$10.FoodstampsandWICpaymentsdon'tqualifyasIdahopublicassistance.
youoryourspousewerelegallyblindattheendofthetaxyear.Drawalinethroughthe$10.
DONATIONS
Thedonationsonlines53through59arevoluntaryandwilleitherreduceyourrefundorincreasethetaxdue.Yourchoicetodonateisirrevocable;youcan'tgetarefundlater.Thesedonationsmaybeitemizedascharitablecontributiondeductionsonyour2013incometaxreturn.Ifyouhavequestionsregardingyourdonation(s),youmaycontacttheagencieslisted.
Ifyouarelinganamendedreturn,yourdonationscan'tbelessthantheamountsontheoriginalreturn.
LINE 53 OPPORTUNITY SCHOLARSHIP PROGRAMContributionshelpprovideneed-basedscholarshipfundstoIdahohighschoolgraduateswhoattendapprovedhighereducationinstitutionswithinIdaho.Thisneed-basedprogramisbuiltonasharedresponsibilitymodel.Studentsmustcontributetocostofattendance,andapplyforothernancialaidsourcesincludingfederalaid.Awardsarerenewableforuptofouryearsandarebasedprimarilyonnancialneedwithsomeacademicconsideration.StudentsmustmeetaminimumGPAwhilecompletingtheirstudiestobeeligibleforrenewal.FormoreinformationabouttheIdahoOpportunityScholarshipProgram,pleasevisitwww.boardofed.idaho.gov/scholarship/opportunity.asp.
LINE 54 IDAHO GUARD AND RESERVE FAMILY SUPPORT
FUNDContributionsareusedtoassistmilitaryReservistsandtheirfamiliesinordertopromotetheoverallreadinessforthemtosupportourstateandfederalmissions.TheIdahoGuardandReserveFamilySupportFund(IGRFSF)helpsmembersoftheIdahoAirNationalGuard,theIdahoArmyNationalGuard,theAirForceReserve,theArmyReserve,theNavy&MarineCorpsReserve,andtheCoastGuardReserve,alongwiththeirfamilies,whendutycalls.TheFundactsasanemergencyrelieffundandoperatesasa501(c)(3)nonprotcorporation.ContacttheIdahoGuardandReserveFamilySupportFund,Inc.,at(208)422-5799.
LINE 55 IDAHO CHILDREN'S TRUST FUND/PREVENT CHILDABUSE IDAHOContributionsareusedtoprotectourchildren,Idahossingle
greatestresource.TheChildren'sTrustsupportsworkincommunitiesthroughoutIdahotopreventchildabuseandneglectbeforeiteveroccurs.Preventingchildabuseensuresthefutureprosperityofthestate,supportscommunitiesandenhanceshealthychilddevelopment.Fundedprogramsincludefamilysupportandstrengtheningprograms,parenteducation,voluntaryhomevisitationforrst-timeparents,publicawarenessofthelife-longconsequencesofchildabuseandneglect,childabusepreventionandchildsafetyeducationinschools.ContacttheIdahoChildrensTrustFund/PreventChildAbuseIdahoat(208)386-9317orvisitwww.idahochildrenstrustfund.org.
LINE 56 SPECIAL OLYMPICS IDAHOContributionsprovidesupportforyear-roundsportstrainingandcompetitionforchildrenandadultswithdevelopmentaldisabilitiesinIdaho.Throughsportstrainingandcompetition,
FORM 43
-
7/28/2019 form 40 instructions.pdf
18/5017
(Ifyouhavemorethanfourdependents,useadditionalpapertocompute.)
Totalcreditallowed: 6. Addamountsonlines2,4and5...................... ________
7. Entertax.Line42lessline43......................... ________
8.Enterthesmallerofline6orline7hereand online61,ComputedAmount......................... ________
Thegrocerycreditallowedforpart-yearresidentscan'texceedtheamountonline42lessline43.Thegrocerycreditisn'trefundedtopart-yearresidents.
MEMBERSOFTHEARMEDFORCESAmemberoftheUnitedStatesArmedForceswhoisdomiciledinIdahoisallowedthecredit.IfyouliveinIdahobutareanonresidentundertheServicemembersCivilReliefAct,youaren'tallowedthegrocerycredit.
AspouseordependentofanonresidentmilitarypersonstationedinIdahomaybeanIdahoresidentorpart-yearresident.Thedomicileofadependentchildispresumedtobethatofthenonmilitaryspouse.
DONATINGYOURGROCERYCREDIT
YoumaydonateyourentiregrocerycredittotheCooperativeWelfareFund.Theelectionismadebycheckingtheboxonline61andenteringzero(0)inthecolumnforline61.Theelectionisirrevocableandmaynotbechangedonanamendedreturn.
NOTE:Ifyouoryourspouseareage65orolderandqualifyforthecreditbutaren'trequiredtoleanIdahoincometaxreturn,youcanclaimthecreditonForm24.YoucangetthisformfromanyTaxCommissionofceorourwebsiteattax.idaho.gov.TherefundclaimisdueonorbeforeApril15,2013.
LINE 62 MAINTAINING A HOME FOR A FAMILY MEMBERAGE 65 OR OLDER OR A FAMILY MEMBER WITH ADEVELOPMENTAL DISABILITYPart-yearresidentsandnonresidentsdon'tqualifyforthiscredit.
IfeitheryouoryourspousewerearesidentoranIdahoresidentonactivemilitarydutyoutsideIdahoandyoumaintainedahouseholdforanimmediatefamilymember(s)age65orolderorwithadevelopmentaldisability,andyoudidn'tincludeadeductionof$1,000perpersononForm39NR,PartB,line11,youmayclaimataxcreditof$100perperson(upto$300).
CompleteForm39NR,PartFandincludeitwithyourreturn.Ifthehomewasmaintainedforthefamilymemberforlessthanafullyear,thetaxcreditisallowedattherateof$8.33permonthperperson.Youmayclaimthiscreditevenifyourgrossincomeislessthanthelingrequirement.
LINE 63 FUELS TAX REFUNDIfyoubuyspecialfuels(diesel,propane,ornaturalgas)withIdahotaxincludedandusethisfuelforheatingorinoff-highway
equipment,youmaybeentitledtoarefundoftheIdahospecialfuelstaxyoupaid.EntertheamountfromForm75,SectionIV,line2.AttachForm75.Heatingfuelisgenerallypurchasedwithoutpayingthetax.
Ifyoubuygasolineanduseitinunlicensedequipmentorauxiliaryengines,youmaybeentitledtoarefundoftheIdahogasolinetaxyoupaid.EntertheamountfromForm75,SectionIV,line1.IncludeForm75.
LINE 64 IDAHO INCOME TAX WITHHELDEnterthetotalamountofIdahoincometaxwithheldasshownonyourwithholdingstatements.IncludelegiblestatecopiesofyourForm(s)W-2,1099,andotherinformationformsthatshowIdahowithholding.
Anindividualdoesn'tqualifyforthecreditforanymonthorpartofamonthforwhichhe: receivedassistancefromthefederalfoodstampprogram; wasincarcerated;or livedillegallyintheUnitedStates.
CompletetheworksheetthatcorrespondstoyourIdahotaxableincome,line41.Enterthetotalcomputedgrocerycreditonline61,ComputedAmount.Seethefollowinginstructionstodonateyourcredit.Ifyouaren'tdonatingyourcredit,enterthe
computedamountinthecolumnforline61.
GROCERY CREDIT WORKSHEETUse this worksheet when Idaho taxable income, line 41 is$1,000 or less.
Yourself: 1. Numberofqualiedmonths.............................. ________ 2. If65orolder,multiplyline1by$9.17. Ifunder65,multiplyline1by$7.50.................. ________ Spouse(ifjointreturn): 3. Numberofqualiedmonths.............................. ________ 4. If65orolder,multiplyline3by$9.17. Ifunder65,multiplyline3by$7.50.................. ________
Residentdependentsclaimedonline6c: 5. Enter$90foreachdependentwhoqualiesfor theentireyear.Iftheyqualifyforonlypartyear, computeasfollows: Numberofqualiedmonths____X$7.50........ ________ Numberofqualiedmonths____X$7.50........ ________ Numberofqualiedmonths____X$7.50........ ________ Numberofqualiedmonths____X$7.50........ ________
(Ifyouhavemorethanfourdependents,useadditionalpapertocompute.)
Totalcreditallowed: 6. Addamountsonlines2,4and5...................... ________
7. Entertax.Line42lessline43.......................... ________
8.Enterthesmallerofline6orline7hereand online61,ComputedAmount.......................... ________
Thegrocerycreditallowedforpart-yearresidentscan'texceedtheamountonline42lessline43.Thegrocerycreditisn'trefundedtopart-yearresidents.
GROCERY CREDIT WORKSHEETUse this worksheet when Idaho taxable income, line 41 ismore than $1,000.
Yourself: 1. Numberofqualiedmonths.............................. ________ 2. If65orolder,multiplyline1by$7.50. Ifunder65,multiplyline1by$5.83.................. ________
Spouse(ifjointreturn): 3. Numberofqualiedmonths.............................. ________ 4. If65orolder,multiplyline3by$7.50. Ifunder65,multiplyline3by$5.83.................. ________
Residentdependentsclaimedonline6c: 5. Enter$70foreachdependentwhoqualiesfor theentireyear.Iftheyqualifyforonlypartyear, computeasfollows: Numberofqualiedmonths____X$5.83........ ________ Numberofqualiedmonths____X$5.83........ ________ Numberofqualiedmonths____X$5.83........ ________ Numberofqualiedmonths____X$5.83........ ________
FORM 43
-
7/28/2019 form 40 instructions.pdf
19/5018
Idaho Medical Savings Account:IfyoumakeanIdahomedicalsavingsaccountwithdrawalwhichissubjecttotaxandyouareunderage591/2,thewithdrawalissubjecttopenalty.Thepenaltyis10%oftheamountwithdrawn.Checktheboxandentertheamounthere.
Interest: Interestischargedontheamountoftaxdue,line69,fromtheoriginalduedateuntilpaid.Theratefor2013is3%.
LINE 71 TOTAL DUEEntertheamountoftaxyouowe.Ifyourpaymentincludes
amountsforpenaltyandinterest,includethoseamountsinthegureyouenteronthisline.
Don'tsendcash.Paymentsoflessthan$1aren'trequired.A$20chargewillbeimposedonallreturnedchecks.
Makeyourcheck,cashier'scheck,ormoneyorderpayabletotheIdahoStateTaxCommission.BesuretowriteyourSocialSecurityNumberonitandincludeitwithyourreturn.
Topaybycreditcard,debitcardore-check,visitourwebsiteattax.idaho.gov,orcall(800)972-7660.
LINE 73 REFUNDEntertheamountofyouroverpaymentshownonline72thatyouwantrefundedtoyou.Refundsoflessthan$1won'tbeissued.
Norefundwillbeissuedunlessareturnclaimingoverpaymentoftaxisledwithinthreeyearsaftertheduedateforling.RefundswillbereducedbyunpaidIdahotaxliabilitiesandmaybeseizedforunpaidliabilitiesowedtootherstateagencies.
LINE 74 ESTIMATED T
top related