Listed below are the credits that are available to you on your Idaho return:
Grocery Credit -
($120 per exemption) An additional $20 may be claimed if you are over age 65 and a resident of the state. Restrictions apply.
Credit for Charitable Contributions and Live Organ Donation Expenses -
You may qualify for this credit if you donated an organ that was transplanted to another individual or if you have made contributions to any of the following:
• Qualified Idaho educational entity
• Center for independent living
• Youth or rehabilitation facility or its foundation, or
• Nonprofit substance abuse center licensed by the Idaho Department of Health and Welfare
Maintaining a Home for Aged or Disabled Family Member -
You can claim a tax credit of $100 per family member up to a total of $300.
Credit for Taxes Paid to Another State -
If Idaho and another state tax the same income, you may be eligible to claim a credit for taxes paid to the other state. Income that may be taxed by another state as well as Idaho is wages or income from a business or profession.
Claim of Right Credit -
If you claim a deduction or credit for claim of right on your federal return, complete Idaho Worksheet CR to determine which option benefits you most on your Idaho return.
Child Tax Credit -
To qualify for this credit the child must be your qualifying child AND be age 16 or younger as of December 31, 2023.
For additional information on these credits, please click here.