Form 83R (EFO00012) Recapture of Idaho Small Employer Investment Tax Credit - Idaho

What Is Form 83R (EFO00012)?

This is a legal form that was released by the Idaho State Tax Commission - a government authority operating within Idaho. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 83R (EFO00012)?A: Form 83R (EFO00012) is used for the recapture of Idaho Small Employer Investment Tax Credit.

Q: What is the purpose of Form 83R?A: The purpose of Form 83R is to report and recapture the Idaho Small Employer Investment Tax Credit.

Q: What is the Idaho Small Employer Investment Tax Credit?A: The Idaho Small Employer Investment Tax Credit is a credit available to small employers in Idaho who invest in qualifying assets.

Q: Who is eligible for the Idaho Small Employer Investment Tax Credit?A: Small employers in Idaho who invest in qualifying assets are eligible for the tax credit.

Q: What are qualifying assets for the Idaho Small Employer Investment Tax Credit?A: Qualifying assets for the tax credit include depreciable property or certain intangible assets.

Q: What is the recapture provision of the Idaho Small Employer Investment Tax Credit?A: The recapture provision requires taxpayers to recapture a portion of the tax credit if the qualifying assets are disposed of within a specified period of time.

Q: How do you report the recapture of the Idaho Small Employer Investment Tax Credit?A: The recapture of the tax credit is reported on Form 83R (EFO00012).