Idaho
By the Numbers

Idaho Below is a snapshot of key features of Idaho's tax system. (Scroll Down)
Personal Income Tax Features (2015)
  • Range of Tax Rates: 1.6% - 7.4%
  • Standard Deduction: $6,300 ($12,600 for Married Couples)
  • Personal Exemption: $4,000
  • Dependent Exemption: $4,000
  • Earned Income Tax Credit (EITC): None
Corporate Income Tax Features (2015)
  • Range of Tax Rates: 7.40%
  • Income Level at Which Top Rate Applies: All
  • Combined Reporting: Yes
  • Apportionment Factor (Payroll): 25%
  • Apportionment Factor (Property): 25%
  • Apportionment Factor (Sales): 50%
  • Apportionment Note: Corporations can elect to use equally weighted formula
Sales Tax Features (2015)
  • State Sales Tax Rate: 6.00%
  • Average Local Sales Tax Rate: N/A
  • Average Combined State & Local Sales Tax Rate: 6.0%
  • State Sales Tax Treatment of Groceries: Taxed at regular rate, but offsetting credit/rebate is available
  • Local Sales Tax Treatment of Groceries: Taxed
  • Number of Services Taxed: 29 out of 168 surveyed (2007)
  • Streamlined Sales Tax Membership: No
  • Sales tax applies to digital goods and services
Property Tax Features (2015)
  • Provides a large homestead exemption for residential improvements only.
Other Tax & Revenue Features (2015)
  • Gasoline Tax Rate (per gallon): $0.25
  • Diesel Tax Rate (per gallon): $0.25
  • Cigarette Tax Rate (per pack): $0.57
  • Estate or Inheritance Tax: No
  • Net Lottery Sales Per Capita: $87 (2010)
Tax Policy Oversight
  • Tax Expenditure Report: Yes
  • Tax Incidence Analysis Capability: None

Last Updated January 13, 2015

Sources & Glossary