Drake Tax – 2024 Form Availability and Tax Changes: Idaho
Article #: 20014
Last Updated: December 17, 2024
Supported Forms
The following Idaho forms are supported in Drake Tax 2024. ID forms cannot be e-signed.
Form | Description | IND | CRP | SCRP | PTR | FID |
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39NR | Part-Year Resident and Nonresident Supplemental Schedule | t | ||||
39R | Resident Supplemental Schedule | t | ||||
40 | Individual Income Tax Return | t | ||||
402 | Individual Apportionment for Multistate Businesses | t | ||||
41 | Corporation Income Tax Return | t | ||||
41A | Supplemental Schedule of Affiliated Entities | t | t | |||
41ES | Voucher Estimated Tax Payment/Extension of Time Payment Business Income Tax | t | t | t | t | |
41ESR | Underpayment of Estimated Tax | t | t | |||
41S | S Corporation Income Tax Return | t | ||||
42 | Apportionment and Combined Reporting Adjustments | t | t | t | ||
43 | Part-Year Resident and Nonresident Income Tax Return | t | ||||
44 | Business Income Tax Credits and Credit Recapture | t | t | t | t | t |
49 | Investment Tax Credit | t | t | t | t | t |
49C | Investment Tax Credit Carryover | t | t | t | t | t |
49E | Election to Claim the Qualified Investment Exemption from Property Tax Instead of Investment Tax Credit | t | t | t | t | t |
49ER | Recapture of Qualified Investment Exemption from Property Tax | t | t | t | t | t |
49R | Recapture of Idaho Investment Tax Credit | t | t | t | t | t |
51 | Voucher Estimated Payment of Individual Income Tax | t | ||||
56 | Net Operating Loss Carryforward/Carryback | t | t | t | t | t |
65 | Partnership Return of Income | t | ||||
66 | Fiduciary Income Tax Return | t | ||||
67 | Credit for Idaho Research Activities | t | t | t | t | t |
68 | Broadband Equipment Investment Credit | t | t | t | t | t |
68R | Recapture of Idaho Broadband Equipment Investment Credit | t | t | t | t | t |
75 | Fuels Use Report | t | t | t | t | t |
75-NM | Fuels Tax Refund Worksheet Nontaxable Miles (Special Fuels Only) | t | t | t | t | t |
75-PTO | Fuels Tax Refund Worksheet Power Take-Off and Auxiliary Engine | t | t | t | t | t |
83 | Small Employer Investment Tax Credit | t | t | t | t | t |
83R | Recapture of Idaho Small Employer Investment Tax Credit | t | t | t | t | t |
84 | Small Employer Real Property Improvement Tax Credit | t | t | t | t | t |
84R | Recapture of Idaho Smaller Employer Real Property Improvement Tax Credit | t | t | t | t | t |
85 | Small Employer New Jobs Tax Credit | t | t | t | t | t |
85R | Recapture of Idaho Small Employer New Jobs Tax Credit | t | t | t | t | t |
CG | Capital Gains Deduction | t | t | t | t | |
ID4562 | Depreciation and Amortization | t | t | t | t | t |
ID-529 | Credit for Employer Contributions to Employee Idaho College Savings Account | t | t | t | t | t |
ID-FTHB | Beneficiary and Withdrawal Schedule First-Time Home Buyer Savings Account | t | ||||
ID-POA | Power of Attorney | t | t | t | t | t |
ID-VP | Income Tax Voucher Payment | t | t | t | t | t |
PTE-12 | Schedule of Pass-Through Owners | t | t | t | ||
PTE-NROA | Nonresident Owner Agreement | t | t | t | ||
Schedule ID K-1 | Partner’s, Shareholder’s, or Beneficiary’s Share of Idaho Adjustments, Credits, etc. | t | t | t | t | t |
Modified Forms
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The worksheet for Lines 21-23 on the ID43 has been updated for line 23.
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Many credit forms now have a line to include any Part-Year Resident Grocery Credits when calculating credit limitations.
Tax Law Changes
Changes to Idaho’s tax law are listed in brief below. Refer to the official Idaho Legislature website for more information.
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Standard deductions have been updated as follows:
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Single or Married Filing Separately – $14,600
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Head of Household – $21,900
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Married Filing Jointly or Qualifying Surviving Spouse – $29,200
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