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St 104v Tax Exempt Form Idaho

St 104v Tax Exempt Form Idaho

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the federal tax code changed in December of 2017 which also changed the calculation for income taxes with help from paychecks the problem is many Idahoans are still unaware of the change and haven't updated those with holdings on their w-4 I am ordering the tax commission to do all they can to better inform taxpayers what they need to do to avoid surprises income tax bill a call to arms from governor little in his State of the State address and now the Idaho State Tax Commission launches the first Idaho specific w-4 form to aid taxpayers in their calculations the problems it's creating is that people are under withheld under withheld means that they may use to have gotten a refund now they may owe tax instead due to failure to update payroll withholdings on the w-4 as part of the tax cuts and Jobs Act of 2017 it changed the amount of the standard deduction it almost doubled it changed the personal independent exemptions those went away now the Idaho State Tax Commission

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