Idaho Sales Tax Information
An Idaho resale certificate proves resellers’ exempt status to wholesalers. Register your business with the Idaho Secretary of State to get a sales tax ID number. Apply with the IRS for a federal Employer Identification Number (EIN) if necessary. You must have an EIN if you have employees, if you’re a single-member LLC, and in certain other situations. Form 40 is the Idaho income tax return for residents. Income from private pensions is fully taxable, but public pension income for taxpayers age 65 and older or disabled age 62 may qualify for a deduction.
You should budget 1-2 months for the state to process your sales tax exemption application. If the application has deficiencies, delays happen. We calculate filing fees upfront to start work quickly. Your specialist will determine exact fees and invoice if required.
Essential Sales Tax Information
- The Idaho sales tax rate is 6%. Local jurisdictions can add taxes.
- Exempt buyers should check applicable boxes on Form ST-101.
- Sellers must keep documents provided in some cases.
Exemptions and Procedures
- Determine if you have enough of an Idaho presence to comply with sales tax laws.
- Before collecting sales tax, get a permit from the State Tax Commission.
- Exempt goods include groceries, medicine, and gasoline.
- Consult the tax commission for exemption rules.
Who is Exempt from Sales Tax in Idaho?
In Idaho, certain items may be exempt from the sales tax to all consumers, not just tax-exempt purchasers. Several examples of exemptions are prescription drugs, some groceries, truck campers, office trailers, and transport trailers.
Additional Sales Tax Details
- Idaho’s state sales tax is 6%.
- Several items may be exempt from taxation in Idaho.
- Restaurant meals may have a special sales tax rate.
Tax Exemption Sale Information
An Idaho resale certificate proves resellers’ exempt status. Register your business to get a sales tax ID number. Apply for a federal EIN if you have employees, are an LLC, or in other situations. Idaho income tax return is Form 40. Private pension income is taxable, public pension income for taxpayers age 65 and older may qualify for a deduction.
We calculate filing fees upfront to start work quickly. Your specialist will determine exact fees.
Contact Information
- The Idaho State Tax Commission manages sales tax. Contact them with questions.
Final Sales Tax Reminders
- Even exempt businesses may need to file reports.
- If you collect sales tax, you must register and remit it.
- Fees and interest can result in large, unexpected bills if audited.
- As of 2020, Idaho has no sales tax holidays.