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?A: Form 83R is a tax form used to recapture the Idaho Small EmployerInvestment Tax Credit.

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

Q: Who needs to file Form 83R?A: Anyone who has previously claimed the Idaho Small Employer Investment Tax Credit and needs to recapture it must file Form 83R.

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

Q: How do I complete Form 83R?A: To complete Form 83R, you will need to provide information about the original tax year in which the credit was claimed, the amount of credit claimed, and the recapture amount.

Q: Are there any deadlines for filing Form 83R?A: Yes, there are deadlines for filing Form 83R. The deadline is generally the due date of the Idaho income tax return for the year in which the recapture is required.

Q: Are there any penalties for failing to file Form 83R?A: Yes, there may be penalties for failing to file Form 83R. It is important to review the instructions for Form 83R and consult with a tax professional if you are unsure about your obligations.