The 40 Idaho form is the official document used for filing an amended individual income tax return in Idaho. Taxpayers may need to use this form to correct errors or update information from their original return. Understanding how to accurately complete the form can help ensure compliance and avoid potential issues with the Idaho State Tax Commission.
The 40 Idaho form is essential for individuals who need to file an amended income tax return in Idaho. It allows taxpayers to correct errors or make changes to their original returns. This form is specifically designed for the tax year 2012 and includes various sections that guide users through the process of reporting their income, deductions, and credits accurately. Taxpayers must provide personal information, such as their names, Social Security numbers, and filing status. The form also requires details about exemptions and dependents, which can impact the overall tax liability. In addition, it outlines how to calculate adjusted income, deductions, and the final tax amount owed or refunded. Important instructions are provided throughout the form to assist individuals in completing it correctly. Furthermore, the 40 Idaho form includes sections for donations and credits, allowing taxpayers to contribute to various causes while filing their taxes. Completing this form accurately is crucial, as it ensures compliance with state tax laws and helps avoid potential penalties.
Completing the 40 Idaho form requires careful attention to detail and accurate information. This process involves gathering personal data, income information, and tax-related figures to ensure that your amended return is correct. Below are the steps to successfully fill out the form.
After you have completed the form, it is essential to review all entries for accuracy. Once confirmed, you can submit the form to the Idaho State Tax Commission at the address provided on the form. Be sure to include a complete copy of your federal return as required.
When filling out the 40 Idaho form, consider the following key takeaways:
The Idaho Form 40 is an individual income tax return form used by residents of Idaho to report their income, calculate their tax liability, and determine any refund or amount due for the tax year. It is specifically designed for filing amended returns if there are changes to a previously filed tax return. This form must be filled out accurately and submitted to the Idaho State Tax Commission.
Any individual who is a resident of Idaho and meets the income threshold set by the state must file the Idaho Form 40. This includes individuals who earn income from wages, self-employment, or other sources. If you have filed a federal tax return and need to amend your Idaho return, you will also need to use this form. It’s important to check the specific filing requirements based on your income and filing status.
To complete the Idaho Form 40, follow these steps:
Refer to the instructions included with the form for detailed guidance on each section.
If you need to amend your Idaho tax return, you must check the box indicating that this is an amended return on the Form 40. You should also include a complete copy of your original federal tax return along with the amended Idaho return. Make sure to clearly explain the reasons for the amendment and provide any necessary documentation to support the changes.
The deadline for filing the Idaho Form 40 typically aligns with the federal tax filing deadline, which is usually April 15. However, if you are filing an amended return, you generally have up to three years from the original due date of your return to submit the amendment. It’s important to check for any updates or changes to deadlines each tax year.
Idaho Sp 116 - Permit holders must certify that their information is true, acknowledging potential penalties for falsehoods.
For anyone looking to simplify their transactions, a thorough understanding of the ATV Bill of Sale form is crucial. Access a well-structured template by visiting our page on the comprehensive ATV Bill of Sale documentation to ensure clarity in your vehicle transfer process.
Idaho W4 Form - Maintain organized records for all reported properties for future reference.
When filing your amended Idaho Individual Income Tax Return using the Form 40, you may also need several other forms and documents. These additional forms help clarify your tax situation, ensure proper calculations, and provide necessary information to the Idaho State Tax Commission. Here’s a list of common forms that often accompany the Form 40.
Each of these forms plays a crucial role in accurately reporting your financial situation to the Idaho State Tax Commission. Make sure to gather all necessary documents to support your amended return and avoid potential delays or issues with your filing.
R 40
8734
F
2012
M EFO00089
O
07-20-12
IDAHO INDIVIDUAL INCOME TAX RETURN
AMENDED RETURN, check the box. .
State Use Only
See instructions, page 6 for the reasons
.
for amending and enter the number.
For calendar year 2012, or iscal year beginning
, ending
Your irst name and initial
Last name
OR
PRINTPLEASE TYPE
Spouse's irst name and initial
Mailing address
City, State, and Zip Code
Your Social Security Number (required)
Spouse's Social Security Number (required)
Taxpayer deceased
Do you need Idaho
income tax forms
in 2012
mailed to you next year?
Spouse deceased
Yes
No
FILING STATUS. Check only one box.
6. EXEMPTIONS.
If someone can claim you as a
Enter "1" in boxes 6a,
Yourself
a.
If iling married joint or separate return, enter
dependent, leave box 6a blank.
and 6b, if they apply.
Spouse
b.
spouse's name and Social Security Number above.
c. List your dependents. If more than four dependents, continue on Form 39R.
1.
Single
Enter the total number here
c.
2.
Married iling joint return
First name
Social Security Number
3.
Married iling separate return
___________________________________________________________________
4.
Head of household
5.
Qualifying widow(er)
Must match federal return.
d. Total exemptions. Add lines 6a through 6c. Must match federal return
............
d.
INCOME. See instructions, page 7.
7. Enter your federal adjusted gross income from federal Form 1040, line 37; federal Form 1040A, line 21;
or federal Form 1040EZ, line 4.
Include a complete copy of your federal return
7
00
8. Additions from Form 39R, Part A, line 7. Include Form 39R
8
9.
Total. Add lines 7 and 8
9
10.
Subtractions from Form 39R, Part B, line 23.
Include Form 39R
10
11. TOTAL ADJUSTED INCOME. Subtract line 10 from line 9.
If you have an NOL and are electing to forgo the carryback period, check here
11
.......................................
TAX COMPUTATION. See instructions, page 7.
Yourself .
If age 65 or older
12. CHECK
If blind
Standard
Deduction
If your parent or someone else can claim you as a dependent,
For Most
check here and enter zero on lines 18 and 42. .
People
Single or
13.
..........................................................................Itemized deductions. Include federal Schedule A
13
Married iling
14.
All state and local income taxes included on
Separately:
federal Schedule A, line 5
14
$5,950
Head of
15.
Subtract line 14 from line 13.
If you do not use federal Schedule A, enter zero
15
Household:
16. Standard deduction. See instructions page 7 to determine standard deduction amount
$8,700
if different than the Standard Deduction For Most People
16
..............................................................
17.
Subtract the LARGER of line 15 or 16 from line 11. If less than zero, enter zero
17
Jointly or
Qualifying
18.
Multiply $3,800 by the number of exemptions claimed on line 6d
18
Widow(er):
$11,900
......................
19.
Idaho taxable income. Subtract line 18 from line 17. If less than zero, enter zero
19
20.
Tax from tables or rate schedule. See instructions, page 36
20
Continue to page 2.
{"6S¦}
MAIL TO: Idaho State Tax Commission, PO Box 56, Boise, ID 83756-0056
INCLUDE A COMPLETE COPY OF YOUR FEDERAL RETURN.
Form 40 - 2012
Page 2
EFO00089p2 07-20-12
21.
Tax amount from line 20
21
CREDITS. Limits apply. See instructions, page 8.
22.
Income tax paid to other states. Include Form 39R and a copy of other state return
22
23.
Total credits from Form 39R, Part E, line 4. Include Form 39R
23
24.
Total business income tax credits from Form 44, Part I, line 12. Include Form 44
24
25.
TOTAL CREDITS. Add lines 22 through 24
25
26.
Subtract line 25 from line 21. If line 25 is more than line 21, enter zero
26
OTHER TAXES. See instructions, page 8.
27.
Fuels tax due. Include Form 75
27
28.
Sales/Use tax due on Internet, mail order, and other nontaxed purchases
28
29.
Total tax from recapture of income tax credits from Form 44, Part II, line 7. Include Form 44
29
30.
..................................................Tax from recapture of qualiied investment exemption (QIE). Include Form 49ER
30
31.
Permanent building fund. Check the box if you are receiving Idaho public assistance payments
..................
31
32.
TOTAL TAX. Add lines 26 through 31
32
DONATIONS. See instructions, page 8. I want to .donate to:
33.
Nongame Wildlife Conservation Fund
.________
34. Idaho Children's Trust Fund
._________
35.
Special Olympics Idaho
36. Idaho Guard and Reserve Family
...
37.
American Red Cross of Greater Idaho Fund ..
38. Veterans Support Fund
39.
............................................Idaho Foodbank
________
40. Opportunity Scholarship Program
_________
41.
TOTAL TAX PLUS DONATIONS. Add lines 32 through 40
......................................................................................
41
PAYMENTS and OTHER CREDITS. Complete the grocery credit refund worksheet on page 9.
42.
Grocery credit. Computed Amount (from worksheet)
To donate your grocery credit to the Cooperative Welfare Fund, check the box and enter zero on line 42. .
To receive your grocery credit, enter the computed amount on line 42
42
43.
..............Maintaining a home for family member age 65 or older, or developmentally disabled. Include Form 39R .
43
44.
Special fuels tax refund ________________
Gasoline tax refund ___________________ Include Form 75
44
45.
Idaho income tax withheld. Include Form(s) W-2 and any 1099(s) that show Idaho withholding
45
46.
2012 Form 51 payment(s) and amount applied from 2011 return
46
Pass-through income tax. Withheld .
Paid by entity .
47.
....Include Form(s) ID K-1
47
48.
Hire One Act credit for new employees. Include Form 72
48
49.
TOTAL PAYMENTS AND OTHER CREDITS. Add lines 42 through 48
49
TAX DUE or REFUND. See instructions, page 10. If line 41 is more than line 49, GO TO LINE 50. If line 41 is less than line 49, GO TO LINE 53.
50.
TAX DUE. Subtract line 49 from line 41
.____________ Enter total
51.
Penalty .____________
Interest from the due date
51
....................
Check box if penalty is due to an ineligible withdrawal from an Idaho medical savings account
52.
TOTAL DUE. Add lines 50 and 51. Make check or money order payable to the Idaho State Tax Commission
52
53.
OVERPAID. Line 49 minus lines 41 and 51. This is the amount you overpaid
53
54.
REFUND. Amount of line 53 to be refunded to you
.......................................................................................
55.
ESTIMATED TAX. Amount of line 53 to be applied to your 2013 estimated tax
55
56.
DIRECT DEPOSIT. See instructions, page 11. .
Check if inal deposit destination is outside the U.S.
Type of .
Checking
.Routing No.
.Account No.
Account:
Savings
AMENDED RETURN ONLY. Complete this section to determine your tax due or refund. See instructions.
57. Total due (line 52) or overpaid (line 53) on this return ...............................................................................................
58. Refund from original return plus additional refunds ...................................................................................................
59. Tax paid with original return plus additional tax paid .................................................................................................
60. Amended tax due or refund. Add lines 57 and 58 and subtract line 59 ....................................................................
57
58
59
60
HERESIGN
Your signature
Spouse's signature (if a joint return, BOTH MUST SIGN)
Date
Daytime phone
.Preparer's EIN, SSN, or PTIN
Paid preparer's signature
Address and phone number
{"6U¦}