Idaho individual income tax

Last updated on January 31, 2023

Idaho's individual income tax is a tax on the income earned by residents and nonresidents of the state. The tax is based on the individual's federal-adjusted gross income, with rates ranging from 1% to 6%.

April 18

Return due in 2023

6%

Top marginal tax rate

Page sponsor

StartGlobal: Legal + Taxes + Bookkeeping for solopreneurs

$599 one-time

Why we like StartGlobal?

My genuine thoughts

Willy Justin

Founder, Statepedia

StartGlobal: Legal + Taxes + Bookkeeping for solopreneurs

Product

For small businesses, managing taxes, accounting and everything legal is just a pain. Nobody wants to do it, but they have to. Instead of working with CPAs, attorneys and others separately, Start brings all of them under a single subscription. It’s just smooth.

Team

I know the team behind StartGlobal very well. It’s a very hardworking group of individuals who are genuinely passionate about small businesses. They are backed by successful founders like Balaji Srinivasan, Biz Stone(Twitter) and others.

Price

Getting a CPA or attorney is a matter of thousands of dollars. It’s just unfair to pay so much when you’re a small business. Start has a single subscription that covers it all. It is a definite money saver.

$599 one-time

Pay income tax online

Visit the official state government’s website to pay individual income tax online.

Visit Idaho Tax portal
Tool screenshot

What is Idaho income tax?

Individual income tax

Individual income tax is a type of direct tax levied by Idaho on individuals that meet the taxable criteria.

Taxable incomes

Idaho taxes incomes from wages, dividends, interests and capital gains.

Tax brackets

Idaho has 4 individual income tax brackets from 1% to 6%.

Standard deduction

Standard deduction is $12,950 for singles and $25,900 for couples for the tax year 2022.

Estimated tax

Idaho doesn't mandate estimated tax payments. Taxes can be paid anytime before the deadline.

2022 tax rates

The following is the list of income tax rates for the tax year of 2022

Idaho taxable incomeTax rate
$0 - $1,6621%
$1,662 - $4,9873%
$4,987 - $8,3114.5%
$8,311+6%

Individual income tax

The State of Idaho requires you to pay taxes if you are a resident (regardless of the whether they were earned within the state or not) or a non-resident that earns income from Idaho

Types of taxable incomes

The income types on which tax is levied are:

  • In Idaho, all types of income are generally subject to personal income tax unless they are specifically exempt by state law. This includes, but is not limited to, wages and salary, dividends, capital gains, royalties, and other types of income.

File return

To file a tax return in Idaho, taxpayers must complete and submit a tax return form. The tax return form requires taxpayers to report their taxable income and any credits or deductions they are eligible to claim. Taxpayers must also calculate their tax liability and pay any taxes owed by the due date.

Due

annually

Pay taxes

Taxes in Idaho are due by 18 April, 2023. Go to the official Idaho State Tax Commission website.

  • Idaho individuals doesn't require estimated taxes to be paid quarterly, tax payers can pay their future tax liability any time before the due date.

Type of tax

graduated tax

Due

annually

Deductions

Tax deductions are a reduction in the amount of income that is subject to taxation. It allows taxpayers to lower the amount of taxable income they have, which in turn reduces the amount of tax they owe. Tax deductions are available for a wide range of expenses, such as charitable donations, mortgage interest, medical expenses, and business expenses.

  • Standard deduction is $12,950 for single filers and $25,900 for join filers for the tax year 2022.

Credits

A tax credit allows taxpayers to reduce the amount of taxes they are required to pay. This is different from a tax deduction, which reduces the amount of income that is subject to taxation. Tax credits are applied directly to the tax liability, while deductions are applied to the taxable income.

Exclusions

Tax exclusions are an amount of money or income that is not subject to taxation. This means that taxpayers do not have to pay taxes on this income.

Residency

Residency in Idaho refers to an individual's permanent home or place of residence in the state.

Idaho resident

An Idaho resident is someone who is domiciled in Idaho, or who maintains a permanent place of residence in the state. This means that you are considered an Idaho resident if you live in the state for most of the year.

  • If you are not domiciled in Idaho nor have a permanent residence in the state, but have spent more than 270 days of the year in Idaho, then you are considered a resident for tax purposes.

Idaho part-year resident

An Idaho Part-Year Resident is someone who moved into or out of the state during the tax year.

  • Income earned while the individual was a resident of Idaho is subject to state taxes.

  • Income from Idaho sources will also be taxed.

Idaho non-resident

An Idaho Nonresident is someone who does not have a permanent residence in the state.

  • Nonresidents who receive income from Idaho sources are required to pay Idaho taxes. This includes but not limited to, income from Idaho properties and personal services performed in the state.

Frequently asked questions

Business entities in Idaho

There are several business entities in Idaho

Idaho LLC

Page written and verified by independent sources

If you like this page, maybe buy us a coffee?

Page sponsor

StartGlobal: Legal + Taxes + Bookkeeping for solopreneurs

$599 one-time

Why we like StartGlobal?

My genuine thoughts

Willy Justin

Founder, Statepedia

StartGlobal: Legal + Taxes + Bookkeeping for solopreneurs

Product

For small businesses, managing taxes, accounting and everything legal is just a pain. Nobody wants to do it, but they have to. Instead of working with CPAs, attorneys and others separately, Start brings all of them under a single subscription. It’s just smooth.

Team

I know the team behind StartGlobal very well. It’s a very hardworking group of individuals who are genuinely passionate about small businesses. They are backed by successful founders like Balaji Srinivasan, Biz Stone(Twitter) and others.

Price

Getting a CPA or attorney is a matter of thousands of dollars. It’s just unfair to pay so much when you’re a small business. Start has a single subscription that covers it all. It is a definite money saver.

$599 one-time