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Form 84
2023
Small Employer Real Property Improvement
Tax Credit
Names as shown on return Social Security number or EIN

Qualifying for the Credit
You can claim the small employer real property improvement tax credit if you’ve certified on Form 89SE that you’ll meet all
the following tax incentive criteria at the project site during the project period:
• Capital investment in new plant and building facilities of at least $500,000
• Increased employment by at least 10 new employees, each earning at least $19.23 per hour and receiving health
benefits.
• For new employment increases above the 10 new employees, the average wages of the additional new employees
are at least $15.50 per hour worked. See instructions for who’s included in this calculation.
If you haven’t filed Form 89SE with the Tax Commission or have been notified that you don’t qualify for the small employer
incentives, you don’t qualify for this credit.
Credit Available Subject to Limitation
1. Amount of investments in new plant and building facilities acquired during the tax year.
Don’t include any qualified investments reported on Form 83. Include a complete list of the
investments qualifying for this credit .......................................................................................... 1
2. Credit earned. Multiply line 1 by 2.5% ........................................................................................ 2
3. Pass-through share of credit from an S corporation, partnership, trust, or estate ...................... 3
4. Credit received through unitary sharing. Include a schedule ...................................................... 4
5. Carryover of small employer real property improvement tax credit from prior years .................. 5
6. Carryover eliminated due to recapture in 2023. Enter the amount from Form 84R,
line 13. Include Form 84R .......................................................................................................... 6
7. Credit distributed to shareholders, partners, or beneficiaries ..................................................... 7
8. Credit shared with unitary affiliates ............................................................................................. 8
9. Total credit available subject to limitations. Add lines 2 through 5, then
subtract lines 6 through 8 ........................................................................................................... 9

10. Enter the Idaho income tax from your tax return ........................................................................ 10
11. Credit for income tax paid to other states ................................................ 11
12. Credit for contributions to Idaho educational entities ............................... 12
13. Investment tax credit from Form 49, Part II, line 9 .................................. 13
14. Credit for contributions to Idaho youth and rehabilitation facilities .......... 14
15. Credit for production equipment using post-consumer waste ................. 15
16. Promoter-sponsored event credit ............................................................ 16
17. Credit for Idaho research activities from Form 67, line 29 ....................... 17
18. Broadband equipment investment credit from Form 68, line 18 .............. 18
19. Reserved .................................................................................................19
20. Small employer investment tax credit from Form 83, line 28 ................... 20
21. Add lines 11 through 20 .............................................................................................................. 21
22. Tax available after other credits. Subtract line 21 from line 10 ................................................... 22
23. Credit allowable subject to limitation of tax. Enter the smaller of:
a. the amount from line 9, or
b. $125,000 ...............................................................................................................................23
24. Total credit allowed on current year tax return. Enter the smaller amount
from lines 22 or 23 here and on Form 44, Part I, line 7 ............................................................. 24
Credit Carryover
25. Total credit available subject to limitations. Enter the amount from line 9 .................................. 25
26. Credit allowed. Enter the amount from line 24...................................................... ............................. 26
27. Credit carryover to future years. Subtract line 26 from line 25. Enter the amount here
and on Form 44, Part I, line 7 ..................................................................................................... 27
EFO00010 09-22-2023

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Form 84 — Instructions
Small Employer Real Property Improvement 2023
Tax Credit
General Instructions • Sprinkler systems
Use Form 84 to calculate the Idaho small employer • Fire escapes
real property improvement tax credit (SE-RPITC)
• Other components relating to the operation or
earned or allowed. Each member of a unitary group
maintenance of a building
of corporations that earns or is allowed the credit
must complete a separate Form 84. Carryover Periods

Qualifying Taxpayers SE-RPITC that was earned but not used against tax
may be carried forward for 14 tax years. For purposes
To qualify for the SE-RPITC, you must certify by
of the carryover period, a short tax year counts as one
filing Form 89SE that you’ll meet the tax incentive
tax year.
criteria at the project site during the project period.
If you haven’t filed Form 89SE with the Tax Recapture
Commission or you’ve been notified that you don’t
Compute recapture if you sell or otherwise dispose of
qualify for the small employer incentives, you can’t
the property or it no longer qualifies for the SE-RPITC
claim this credit.
before it’s been in service for five full years.
Qualifying Property In addition, compute recapture if you claimed the
If you’re a qualifying taxpayer, the SE-RPITC is SE-RPITC in an earlier year and don’t meet the tax
allowed on buildings and structural components of incentive criteria that you certified to on Idaho Form
buildings that don’t qualify for the investment tax 89SE.
credit. The buildings and structural components If you claimed the SE-RPITC and recapture is now
must be at the project site and placed in service required, file Form 84R.
during the project period.
The buildings and structural components must be Specific Instructions
new property. Used property doesn’t qualify for this Instructions are for lines not fully explained on the form.
credit.
Credit Available Subject to Limitation
Buildings and structural components mean
Line 1. Include a list of all property you acquired and
buildings and structural components of buildings
placed in service during the tax year that qualifies
as defined in Federal Treasury Regulation Section
for the SE-RPITC. List each item of property and its
1.48-1 for Internal Revenue Code Section 48
location, your basis in the item, and the date placed in
repealed by Public Law 101-508.
service. Don’t include any property placed in service
Building generally means any structure enclosing before the date the project period began.
a space within its walls, and usually covered by
a roof, to provide shelter or housing or to provide Line 3. Enter the amount of the SE-RPITC that’s
working office or parking space. being passed through by S corporations, partnerships,
trusts, or estates you have an interest in. This amount
Structural components include parts of a building
is from Form ID K-1, Part VII, line 43 or Form ID K-1,
such as:
Part XI, line 67 (Composite/ABE).
• Walls
• Partitions Line 4. If you’re a member of a unitary group, enter
the amount of credit you received from another
• Floors
member of the unitary group.
• Ceilings and any permanent coverings to these
items such as paneling or tiling Line 5. Enter the carryover from your 2022 Form 84,
• Windows and doors line 27.
• All components of a central air conditioning or Line 7. If you’re an S corporation, partnership, trust,
heating system or estate, enter the amount of credit that passed
• Plumbing and plumbing fixtures through to shareholders, partners, or beneficiaries.
• Electrical wiring and lighting fixtures
• Chimneys
• Stairs, escalators, and elevators

EIN00090 09-22-2023 Page 1 of 2

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Form 84 — Instructions 2023 (continued)

Line 8. If you’re a member of a unitary group, enter Line 11. Enter the credit for income tax paid to other
the amount of credit you earned that you elect to states from Form 39R, Form 39NR or Form 66. This
share with other members of your unitary group. credit is available only to individuals, trusts, or estates.
Before you can share your credit, you must use the
credit up to the allowable limitation of the tax liability. Line 12. Enter the credit for contributions to Idaho
educational entities from the appropriate Idaho income
Corporations claiming the SE-RPITC must provide tax return.
a calculation of the credit earned and used by each
member of the combined group. The schedule Line 14. Enter the credit for contributions to Idaho
must clearly identify the shared credit and the youth and rehabilitation facilities from the appropriate
computation of any credit carryovers. Idaho income tax return.

Credit Limitations Line 15. Enter the credit for production equipment
using post-consumer waste from the appropriate Idaho
The SE-RPITC is limited to the smaller of $125,000 income tax return.
or the Idaho income tax after allowing all other tax
credits that may be claimed before the SE-RPITC. Line 16. Enter the promoter-sponsored event credit
The following credits must be applied to the tax from the appropriate Idaho income tax return.
before the SE-RPITC:
Line 24. Enter the smaller amount from lines 22 or
1. Credit for income tax paid to other states 23 here and on Form 44, Part I, line 7, in the Credit
2. Credit for contributions to Idaho educational Allowed column.
entities If you’re an S corporation or partnership and you’ve
3. Investment tax credit elected to be an ABE, this amount also needs to be
4. Credit for contributions to Idaho youth and distributed to the shareholders or partners on their
rehabilitation facilities Form ID K-1.
5. Credit for production equipment using
Credit Carryover
post-consumer waste
6. Promoter-sponsored event credit Line 27. The amount of credit available that exceeds
the total credit allowed on the current year tax return
7. Credit for Idaho research activities may be carried forward up to 14 tax years. Enter this
8. Broadband equipment investment credit amount on Form 44, Part I, line 7 in the Carryover
9. Small employer investment tax credit column.

Line 10. Enter the amount of your Idaho income
tax. This is the computed tax before subtracting any
credits or adding the permanent building fund tax or
any other taxes.

Contact us:
In the Boise area: (208) 334-7660 |Toll free: (800) 972-7660
Hearing impaired (TDD) (800) 377-3529
tax.idaho.gov/contact
EIN00090 09-22-2023 Page 2 of 2

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