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Idaho Form 850 Fillable

Idaho Form 850 Fillable

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Instructions and help about idaho form 850 u

hi this is gordon with the idaho state tax commission here with another installment of idaho tax facts the question for today is is there going to be a 2022 income tax rebate like there was in 2021 the simple answer is yes for most people there will be this year the governor signed house bill 436 which again authorizes the state to issue a rebate to idaho taxpayers to qualify you must file the resident return for the years of 2020 and 2021 this can be either a regular income tax return or a grocery credit return the amount of your rebate is based on your 2020 tax return it's either 75 for each person shown on the return or 12 of the tax amount reported on line 20 of form 40 or on line 42 of form 43 for eligible service members whichever is larger for example if your 2020 tax return had two people listed and your form 40 line 20 showed one thousand dollars in your tax amount here are your options two people on the return at seventy five dollars each would give you a rebate of a

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