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Don’t Staple 8734
Form 41
Corporation Income Tax Return 2023
Amended Return? Check the box. See For calendar year State use only
Mo Day Year Mo Day Year
page 1 of the instructions for reasons to 2023 or fiscal
▪ amend, and enter the number that applies. ▪ year beginning ending
Business name State use only Federal Employer Identification Number (EIN)

Current business mailing address ▪ NAICS Code
City State ZIP Code Foreign country (if not U.S.)

1. If a federal audit was finalized this year, enter the latest year audited ...................... ▪
2. Is this an inactive corporation or nameholder corporation? ......................................................................... Yes ▪ No
3. a. Were federal estimated tax payments required? .................................................................................... Yes ▪ No
b. Were estimated tax payments based on annualized amounts? ............................................................. Yes ▪ No
4. Is this a final return? .................................................................................................................................... Yes ▪ No
If yes, check the proper box below, and enter the date the event occurred
Withdrawn from Idaho Dissolved Merged or reorganized Enter new EIN
5. Is this an electrical or telephone utility? ....................................................................................................... Yes ▪ No
6. EIN of parent from consolidated Form 1120, Schedule K as filed with the IRS ▪
7. Did you use the combined reporting method? ............................................................................................. Yes ▪ No
a. Does this corporation own more than 50% of another corporation? ...................................................... Yes ▪ No
b. Does another corporation own more than 50% of this corporation? ...................................................... Yes ▪ No
c. Does one interest own more than 50% of this corporation and another corporation? ............................ Yes ▪ No
d. Are two or more corporations in this report operating in Idaho or authorized to do business in Idaho? Yes ▪ No
8. If you’re a multinational unitary group, answer questions a, b, and c. Complete Form 42.
a. Check the box for your filing method: ▪ Worldwide return ▪ Water’s-edge return See Form 14.
b. If you’re filing a water’s-edge return, do you elect not to file the water’s-edge spreadsheets? .............. Yes ▪ No
c. If you’re filing a worldwide return, did you compute foreign income by making book-to-tax adjustments? Yes ▪ No
9. Did you claim the property tax exemption for investment tax credit property acquired this tax year? ......... Yes ▪ No
10. Are one or more corporations in this report paying the Idaho premium tax?................................................ Yes ▪ No
Additions
11. Federal taxable income. See instructions ...................................................................................... ▪ 11
12. Interest and dividends not taxable under Internal Revenue Code ................................................. ▪ 12
13. State, municipal, and local taxes measured by net income ........................................................... ▪ 13
14. Net operating loss deducted on federal return .............................................................................. ▪ 14
15. Dividends-received deduction on federal return ............................................................................ ▪ 15
16. Bonus depreciation. Include a schedule.
Don’t Staple Check the box if you have a current year loss limitation. See instructions ▪ ................................. ▪ 16
17. Other additions, including additions from Form 42, Part II ............................................................. ▪ 17
18. Add lines 11 through 17 ................................................................................................................. 18
Subtractions
19. Foreign dividend gross-up (Sec. 78, Internal Revenue Code) ....................................................... ▪ 19
20. Interest from Idaho municipal securities ...................................................... ▪ 20
21. Interest on U.S. government obligations. Include a schedule ..................... ▪ 21
22. Interest and other expenses related to lines 20 and 21................................ ▪ 22
23. Add lines 20 and 21, then subtract line 22 .................................................................................... 23
24. Technological equipment donation ................................................................................................ ▪ 24
25. Allocated income. Include a schedule ......................................................... ▪ 25
26. Interest and other expenses related to line 25. Include a schedule ............. ▪ 26
27. Subtract line 26 from line 25 .......................................................................................................... 27
28. Bonus depreciation. Include a schedule ........................................................................................ ▪ 28
29. Other subtractions, including subtractions from Form 42, Part II ................................................... ▪ 29
30. Total subtractions. Add lines 19, 23, 24, 27, 28, and 29 ................................................................ 30
31. Net business income subject to apportionment. Subtract line 30 from line 18 .............................. ▪ 31
Continue to page 2. — Include a complete copy of your federal Form 1120.
Return and payment - Mail to: Idaho State Tax Commission, PO Box 83784 Boise ID 83707-3784
Return only - Mail to: Idaho State Tax Commission, PO Box 56, Boise, ID 83756-0056
EFO00025 09-08-2023 Page 1 of 2

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Form 41 2023 (continued)
32. Net business income subject to apportionment. Enter the amount from line 31 ..................... 32
33. Corporations with all activity in Idaho enter 100%. Multistate/multinational corporations
complete and include Form 42; enter the apportionment factor from Form 42, Part I, line 21 .............. ▪ 33 %
34. Net business income apportioned to Idaho. Multiply line 32 by the percent on line 33 ......................... ▪ 34
35. Income allocated to Idaho. See instructions .......................................................................................... ▪ 35
36. Idaho net operating loss carryover ▪ carryback ▪ Enter total ............... 36
37. Idaho taxable income. Add lines 34 and 35, then subtract line 36 ........................................................ ▪ 37
38. Idaho income tax. Multiply line 37 by 5.8%. Minimum $20 for each corporation. See instructions. ▪ 38
Credits
39. Credit for contributions to Idaho educational entities ................................... ▪ 39
40. Credit for contributions to Idaho youth and rehabilitation facilities .............. ▪ 40
41. Total business income tax credits from Form 44, Part I, line 10.
Include Form 44 ........................................................................................... 41
42. Total credits. Add lines 39 through 41 ........................................................................................... 42
43. Subtract line 42 from line 38. If line 42 is greater than line 38, enter zero .................................... 43
Other Taxes
44. Permanent building fund tax. Enter $10. Combined reports include $10 for
each corporation operating or authorized to do business in Idaho ................................................ ▪ 44
45. Total tax from recapture of income tax credits from Form 44, Part II, line 6. Include Form 44 ...... 45
46. Fuels tax due. Include Form 75 ..................................................................................................... 46
47. Sales/use tax due on untaxed purchases (online, mail order, and other) .............................. ▪ 47
48. Tax from recapture of qualified investment exemption (QIE). Include Form 49ER ........................ ▪ 48
49. Total tax. Add lines 43 through 48 ................................................................................................. ▪ 49
50. Underpayment interest. Include Form 41ESR ............................................................................... ▪ 50
51. Donation to Opportunity Scholarship Program .............................................................................. ▪ 51
52. Add lines 49 through 51 ................................................................................................................. 52
Payments and Other Credits
53. Estimated tax payments. If made under other EINs, provide EINs, amounts, and rollforwards .......... ▪ 53
54. Tax paid by ABE on the corporation’s behalf ....................................................................................... ▪ 54
55. Specia l fuels tax refund Gasoline tax refund Include Form 75 .... 55
56. Tax reimbursement incentive credit ▪ Claim of Right credit ▪
Include certificate .......................................................................................................................... ▪ 56
57. Total payments and other credits. Add lines 53 through 56 .......................................................... 57
Refund or Payment Due
58. Tax due. If line 52 is more than line 57, subtract line 57 from line 52 ........................................... ▪ 58
59. Penalty ▪ Interest from the due date ▪ Enter total ........................ 59
60. Nonrefundable credit from a prior year return. See Form 44 instructions ..................................... ▪ 60
61. Total Due. Add lines 58 and 59, then subtract line 60 ................................................................. ▪ 61
62. Overpayment. If line 52 is less than line 57, subtract line 52 from line 57 ........................................... ▪ 62
63. Refund ......... ▪ Apply to 2024 ......... ▪ See instructions.
Amended Return Only. Complete this section to determine your tax due or refund.
64. Total due (line 61) or overpayment (line 62) on this return ............................................................ 64
65. Refund from original return plus additional refunds .......................................................................... 65
66. Tax paid with original return plus additional tax paid ..................................................................... 66
67. Amended tax due or refund. Add lines 64 and 65, then subtract line 66 ....................................... 67
Within 180 days of receiving this return, the Idaho State Tax Commission may discuss this return with the paid preparer identified below.
▪ Under penalties of perjury, I declare that to the best of my knowledge and belief this return is true, correct, and complete. See instructions.
Signature of officer Date
Sign ▪
Here Title Phone number

Paid preparer’s signature Preparer’s EIN, SSN, or PTIN
▪ ▪
Address Phone number

EFO00025 09-08-2023 Page 2 of 2

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                       Form 41 — Instructions                                                           2023
                       Corporation Income Tax Return

Instructions are for lines not fully explained on the form. Question 3 Estimated Tax Payments. 
                                                            a. Check the “No” box if the corporation wasn’t 
Rounding
                                                               required to make federal estimated tax payments 
Round the amounts on the return to the nearest                 in 2023.
whole dollar. Round down if under 50 cents, round 
                                                            b.  Check the “Yes” box if your estimated tax 
up if 50 cents or more.
                                                               payments were based on annualized amounts.

Heading                                                     Question 4 Final Return. If this is the corporation’s 
File the 2023 return for calendar year 2023 or a            final return for Idaho, check the box that explains the 
fiscal year that begins in 2023. For a fiscal year, fill    reason, and enter the date the event occurred. Enter 
in the tax year space at the top of the form.               the new federal EIN if the corporation has merged 
Write your business name, address, and federal              or reorganized.
Employer Identification Number (EIN) in the space 
                                                            Question 5 Electrical or Telephone Utility. If this 
provided. Don’t include the dash when entering your 
                                                            return is for an electrical or telephone utility, check the 
EIN. Also, provide your NAICS (North American 
                                                            “Yes” box. 
Industry Classification System) code, listed as the 
business activity code on your federal return.              Question 6 EIN of Parent. If the corporation is a 
                                                            subsidiary in an affiliated group or a parent subsidiary 
Amended Return                                              controlled group, enter the name and EIN of the parent 
You can use this form as an original return or an           corporation. For the definition of a subsidiary in an 
amended return.                                             affiliated group or a parent controlled group, see the 
                                                            instructions for federal Form 1120, Schedule K.
If you’re filing this form as an amended return, 
check the box at the top of the form. Enter the             Question 7 Combined Reporting Information. 
number from the following list that best describes          Check the “Yes” box if this return is prepared 
your reason for amending.                                   using the combined reporting method. Even if you 
1.  Federal Audit                                           checked the “No” box, answer questions a through 
2. Capital Loss Carryback                                   c. Include Form 41A if you answer yes to any of the 
                                                            questions 7 through 7d. Don’t consider ownership by 
3. Net Operating Loss Carryback – Include Form 56 
                                                            an S corporation when answering these questions.
   or a schedule showing the application of the loss
                                                            a. If the corporation filing this return owns more 
4.  Federal Amended
                                                               than 50% of another corporation, check the 
5. Other – Include an explanation                              “Yes” box.
Complete the entire form using the corrected amounts.       b. If another corporation owns more than 50% 
                                                               of the corporation filing this return, check the 
Questions 1 – 10                                               “Yes” box.
Mark the appropriate boxes, and provide the                 c.  If the same interest owns more than 50% of 
requested information. Answer each question, or the            the corporation filing this return and another 
return will be considered incomplete. Incomplete               corporation, check the “Yes” box.
returns delay processing. Unanswered questions in           d. Check the “Yes” box if this is a combined 
this section will be assumed to be a “no.”                     report and two or more corporations included 
                                                               in the report are authorized to transact 
Question 1 Federal Audit. If a federal audit was               business in Idaho or are transacting business 
finalized during the tax year, enter the most recent           in Idaho.
tax year covered in the audit. 
                                                            Question 8 Multinational Unitary Group. 
Question 2 Inactive or Nameholder Corporations.  
                                                            a. If the corporation filing this return is part of a 
Check the “Yes” box if the corporation is authorized 
                                                               multinational unitary group, indicate whether 
to transact business in Idaho but has no business 
                                                               the return is prepared on a worldwide or 
activity and no income attributable to Idaho.
                                                               water’s-edge method. If you’re electing 

EIN00043 09-08-2023                                                                                        Page 1 of  8

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                                                           Form 41 — Instructions     2023  (continued)         

         water’s-edge, Form 14 is required. If you’re    have been included in federal taxable income. Include 
         filing an amended return, you can’t change      a schedule of all taxes deducted on the federal return.
         your election.
                                                         Line 15 Dividends Received Deduction
b.  If this return is filed using the water’s-edge 
                                                         Enter the special deduction for dividends deducted 
         method, you can elect not to file the domestic 
                                                         from federal income as allowed by IRC Sections 
         disclosure spreadsheet by checking the 
                                                         243(a) and (c), 244, 245, and 246A.
         “Yes” box.
c.       If this return is filed on a worldwide basis,   Line 16 Bonus Depreciation 
         check the “Yes” box if the income of foreign    If you claimed bonus depreciation for federal purposes for 
         subsidiaries is computed by conforming          property acquired before 2008 or after 2009:
         their profit and loss statements to tax         • Complete a separate federal Form 4562 or 
         accounting standards that would be required       detailed computation for Idaho depreciation 
         by the Internal Revenue Code (IRC) if the         purposes as if the special depreciation allowance 
         foreign subsidiaries were required to file        hadn’t been claimed
         federal income tax returns. All book-to-tax 
                                                         • Compute the Idaho adjusted basis and any gains 
         adjustments must be made for all foreign 
                                                           or losses from the sale or exchange of property 
         subsidiaries if this method is used.
                                                           using the Idaho depreciation amounts
Question 9 Property Tax Exemption. Check the             • If the federal depreciation (including gains and 
“Yes” box if you elected the property tax exemption        losses) is more than the Idaho depreciation 
on personal property that qualifies for the investment     (including gains and losses), include the 
tax credit (ITC). Include a copy of your Form 49E.         difference as an addition on this line; otherwise, 
                                                           enter the difference on line 28
Question 10 Insurance Companies. Check the 
                                                         Don’t enter any amount for property acquired during 
“Yes” box if a corporation included in this report is 
                                                         2008 and 2009.
an insurance company paying the Idaho premium 
tax required by Idaho Code section 41-405.               For personal service corporations and closely held 
                                                         corporations, if you have a current year loss limitation 
Additions                                                for the following:
Line 11 Federal Taxable Income                           • At Risk (IRC Section 465)
If filing as part of a federal consolidated return 
                                                         • Passive Loss (IRC Section 469)
or separate federal Form 1120, enter the taxable 
income from federal Form 1120, page 1, line 30.          • Partnership Basis (IRC Section 704(d))
Include a complete copy of the federal income tax        • Shareholder Basis (IRC Section 1366(d))
return with your Idaho income tax return.
                                                         Complete and include Form DBDA
If the corporations included in the unitary combined 
group are different from the federal consolidated        Line 17 Other Additions 
group, report the differences on Form 42, Part II, 
                                                         Enter any miscellaneous Idaho additions. If you’re 
lines 1, 2, 3, and 7.
                                                         a multistate/multinational taxpayer, include the total 
Line 12 Interest and Dividends Not Taxable               additions from Form 42, Part II, line 6. Include a 
Under IRC                                                schedule identifying each addition.
Enter the interest and dividends net of applicable 
amortization received or accrued from obligations        Subtractions
of any state or political subdivision excluded from      Line 19 Foreign Dividend Gross-up
federal taxable income under the provisions of the       Enter the foreign dividend gross-up as provided by 
IRC. Include a schedule.                                 IRC Section 78 included in federal taxable income.

Line 13 State, Municipal, and Local Taxes                Line 20 Interest From Idaho Municipal Securities
Enter the total of all state, municipal, and local taxes Enter interest income from securities issued by the 
measured by net income that have been paid or            state of Idaho and its political subdivisions if included 
accrued during the tax year minus any refunds that       on line 12.

EIN00043 09-08-2023                                                                                  Page 2 of 8

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Form 41 — Instructions 2023 (continued)

Line 21 Interest on U.S. Government Obligations f. Interest expense of corporations
Idaho doesn’t tax interest income from U.S. included in the consolidated federal
government obligations. Deduct any U.S. return but not part of the combined
government interest included in federal taxable report filed with Idaho .............................
income, line 11. Examples of U.S. government g. Intercompany interest expense .............
obligations include: h. Total interest expense. Subtract lines f
• Banks for Cooperatives and g from line e .....................................
• Federal Farm Credit Banks 2. Total tax-exempt income (interest on
• Federal Financing Bank qualifying obligations of the United
States and the state of Idaho, its cities,
• Federal Homeowners Loan Bank and political subdivisions) ......................
• Federal Intermediate Credit Bank 3. Total income. ..........................................
• Federal Land Bank 4. Divide line 2 by line 3 ............................. %
• Guam 5. Multiply line 1h by line 4. Enter
• Puerto Rico amount on line 22 .................................

• Student Loan Marketing Association Line 24 Technological Equipment Donation
• Tennessee Valley Authority Bonds Enter the lesser of cost or fair market value of
• Territory of Alaska technological equipment donated to one or more of
• Territory of Hawaii the following Idaho educational institutions or libraries
located in Idaho:
• Territory of Samoa
• Public or nonprofit private elementary or
• U.S. Series EE and HH Bonds
secondary school
• U.S. Treasury Bills and Notes
• Public or nonprofit private college or university
• Virgin Islands
• Public library or library district
Idaho taxes interest income received from the
Items that qualify for this deduction are limited
Federal National Mortgage Association (FNMA) and
to computers, computer software, and scientific
the Government National Mortgage Association
equipment or apparatus manufactured within five
(GNMA).
years of the date of donation. The amount deducted
If you have interest income from a mutual fund that can’t reduce Idaho taxable income to less than zero.
invests in both nonexempt securities and exempt Any unused deduction can’t be carried to another year.
U.S. government securities, you can deduct the
portion of the interest earned that’s attributable to Line 25 Allocated Income
direct U.S. government obligations. The mutual fund Enter the amount of nonbusiness income. Include
must identify the amount for it to be deductible. a schedule detailing the source of the income
and explaining why the income was classified as
Line 22 Interest Expense Offset nonbusiness.
Complete the following computation to calculate
the interest expense offset. Line 26 Nonbusiness Expense Offset
1a. Interest expense. Total interest Add back expenses included in federal taxable
expense deducted in determining income related to the production of allocated
federal taxable income ........................... nonbusiness income listed on line 25. Related
expenses include interest on indebtedness incurred
b. Interest expense disallowed under IRC or continued to purchase or carry the assets that
Sections 265 and 291 ............................ produce the nonbusiness interest and dividend
c. Interest expense from a pass-through income. Prorate interest expense related to
entity ....................................................... business and nonbusiness income. Complete the
d. Interest expense of foreign corporations following computations to calculate the total amount
included in the combined report ............ of nonbusiness expense offset.
e. Subtotal. Add lines a through d ..............

EIN00043 09-08-2023 Page 3 of 8

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Form 41 — Instructions 2023 (continued)

1. Expenses directly related to Don’t enter any amounts for property acquired during
nonbusiness income .............................. 2008 and 2009.

2 a. Interest expense. Total interest Line 29 Other Subtractions
expense deducted in determining Enter any miscellaneous Idaho deductions. Multistate/
federal taxable income............................ multinational taxpayers include the total deductions
b. Interest expense disallowed under from Form 42, Part II, line 12. Include a schedule
IRC Sections 265 and 291 ..................... identifying each deduction.
c. Interest expense from a pass-through
entity ....................................................... Line 33 Apportionment Factor
d. Interest expense of foreign corporations If all the activity is in Idaho, enter 100%. If the
included in the combined report ............ corporation has multistate/multinational operations,
enter the apportionment factor from Form 42, Part I,
e. Subtotal. Add lines a through d ..............
line 21. Include Form 42.
f. Interest expense of corporations
included in the consolidated return filed Line 35 Income Allocated to Idaho
with Idaho if included in line 2a .............. Enter the amount of nonbusiness income allocated
g. Interest expense included in line 1 ........ to Idaho minus the nonbusiness expense offset from
h. Interest expense on line 22 attributable line 26 that applies to this income. Include a schedule
to tax-exempt income ............................. detailing the source of the income allocated to Idaho.
i. Intercompany interest expense .............
Line 36 Idaho Net Operating Loss (NOL)
j. Total interest expense. Subtract Carryover and Carryback
lines f through i from line e ..................... Enter the Idaho NOL carryover. If this is an amended
3. Total nonbusiness income ..................... return to claim an NOL, enter the amount of the
4. Total income ........................................... NOL carryback.
5. Divide line 3 by line 4 .............................
Enter the total of the NOL carryover and carryback
6. Multiply line 2j by line 5. This is amounts on this line. Include Form 56 or a schedule
the interest expense prorated to showing the application of the loss.
nonbusiness income ..............................
7. Other indirect expenses related to Taxes
both business and nonbusiness
income .................................................... Line 38 Idaho Income Tax
8. Multiply line 7 by line 5 ........................... Enter the amount of Idaho income tax computed at
9. Add lines 1, 6, and 8. Enter amount 5.8% of Idaho taxable income. The amount must be
on line 26 ................................................ a minimum of $20. Each corporation included in a
group return and required to file is subject to the $20
Line 28 Bonus Depreciation minimum tax.
If you claimed bonus depreciation for federal If a multistate corporation’s only activity in Idaho
purposes for property acquired before 2008 or consists of sales that don’t exceed $100,000, the
after 2009: corporation can pay tax at the rate of 1% of its Idaho
• Complete a separate federal Form 4562 or gross sales. You must include a statement to make the
detailed computation for Idaho depreciation election. Your statement must include your intent to
purposes as if the special depreciation make the election to pay the alternative tax on Idaho
allowance hadn’t been claimed gross sales and confirm that, for the tax year, the
• Compute the Idaho adjusted basis and any corporation didn’t have:
gains or losses from the sale or exchange of • Any Idaho property and wasn’t renting any
property using the Idaho depreciation amounts Idaho property
• If the federal depreciation (including gains and • Any Idaho payroll
losses) is less than the Idaho depreciation • Idaho sales exceeding $100,000
(including gains and losses), include the
difference as a deduction on this line; otherwise, You can’t change your election for the year once
enter the difference on line 16 you file your return.

EIN00043 09-08-2023 Page 4 of 8

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                                                        Form 41 — Instructions     2023  (continued)         

Show the computation of the tax on line 38. This is   If you have credit from an ABE (Form ID K-1, Part XI, 
1% multiplied by Idaho gross sales. Don’t compute     line 59), you can add that to the amount computed 
an Idaho apportionment factor or apply one to the     above (if any). 
Idaho gross sales for this tax computation.           The total credit is limited to the smallest of:
For corporations required to pay a franchise tax      •  10% of the tax on Form 41, line 38 or
rather than an income tax, enter the amount of the 
                                                      •  $5,000 
franchise tax on this line. This tax is also computed 
at 5.8% of Idaho taxable income.                      A qualified educational entity includes:
Enter the amount of Idaho income tax specifically     • A nonprofit corporation, fund, foundation, 
computed for the company paying the Idaho               research park, trust, or association organized 
premium tax on this line, and subtract that amount      and operated exclusively for the benefit of Idaho 
from the total tax. Provide a detailed schedule         colleges and universities
showing how you computed the tax for each             • A nonprofit, private, or public Idaho school 
qualifying insurance company.                           (elementary, secondary, or higher education) or 
Minimum Tax. The minimum tax of $20 is required         its foundation
for each corporation:                                 • Idaho education public broadcast system 
• That transacts business in Idaho                      foundations
•  Is registered with the Idaho Secretary of State    • The Idaho State Historical Society or its 
  to do business in Idaho, or                           foundation
•  Is exercising its corporate franchise in Idaho     • An Idaho public library or its foundation
                                                      • An Idaho library district or its foundation
For a unitary group of corporations, the $20 
minimum tax is required for each corporation in       • An Idaho public or private nonprofit museum
the unitary group that’s required to file an Idaho    • The Idaho Commission for Libraries
income tax return, even though only one Idaho         • Idaho Commission on Hispanic Affairs
group return is filed.
                                                      • Idaho Commission for the Blind and Visually 
The $20 minimum tax isn’t required to be paid by a:     Impaired
•  Nonproductive mining corporation                   • Idaho Council on Developmental Disabilities
• Corporation not organized for profit that isn’t     •  Idaho State Independent Living Council
  required to pay federal tax on unrelated            • Idaho STEM Action Center
  business income
                                                      •  Idaho Council for the Deaf and Hard of Hearing
• Homeowners’ association filing Form 1120-H 
                                                      •  Medical residency programs or support 
  and having no federal taxable income
                                                        organizations devoted to training residents in 
• Corporation under the protection of Public Law        Idaho
  86-272
                                                      Line 40 Credit for Contributions to Idaho Youth 
Credits                                               and Rehabilitation Facilities
                                                      A corporation can claim this credit if it donated cash or 
Line 39 Credit for Contributions to Idaho 
                                                      goods to the following:
Educational Entities
If the corporation donated cash to a qualified        • Qualified center for independent living
educational entity, it can claim a tax credit.        • Youth or rehabilitation facility or its foundation, or
Donations of goods or services don’t qualify. Include • Nonprofit substance abuse center licensed by the 
amounts from Form ID K-1, Part VIII, line 50 to         Idaho Department of Health and Welfare
calculate the credit amount. 
                                                      Include amounts from Form ID K-1, Part VIII, line 51 to 
The credit is limited to the smallest of:             calculate the credit amount.
•  One-half of the amount donated
•  10% of the tax on line 38, or 
•  $5,000

EIN00043 09-08-2023                                                                                  Page 5 of 8

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                                                          Form 41 — Instructions     2023 (continued)          

The credit is limited to the smallest of:               • Disability Action Center Northwest, Moscow and 
•  One-half of the amount donated                         Coeur d’Alene
•  10% of the tax on line 38                            •  Living Independence Network Corporation, Boise 
                                                          and Twin Falls
•  $500, or
                                                        •  Living Independently For Everyone, Inc., 
• The tax on line 38 minus the amounts on line 39 
                                                          Blackfoot, Idaho Falls, and Pocatello
  and Form 44, Part I, line 1
If you have credit from an ABE (Form ID K-1,            Line 41 Total Business Income Tax Credits
Part XI, line 61), you can add that to the amount       Enter the total business income tax credits from 
computed above (if any).                                Form 44, Part I, line 10. Include Form 44.
The total credit is limited to the smallest of:
                                                        Other Taxes
•  10% of the tax on Form 41, line 38 or 
                                                        Line 44 Permanent Building Fund (PBF) Tax
•  $500
                                                        Enter $10 for each corporation required to file, 
The qualified youth or rehabilitation facilities and    including nonproductive mining corporations. Each 
their foundations are:                                  corporation included in a group return and required 
•  Anchor House                                         to file must pay the $10 PBF tax.
• The Arc, Inc., Boise
                                                        The following are required to pay the $10 PBF:
• The Children’s Home Society of Idaho, Inc., Boise
                                                        • A corporation required to file an Idaho income 
• The Children’s Village, Inc., Coeur d’Alene             tax return. This includes:
•  Dawn Enterprises, Inc., Blackfoot                        Homeowners’ associations
•  Development Workshop, Inc., Idaho Falls                  Inactive or nameholder corporations, and
•  Gem Youth Services, Emmett                               Nonproductive mining corporations 
•  Hope House, Inc., Nampa                                 registered with the Idaho Secretary of State 
•  Idaho Drug Free Youth, Inc., Coeur d’Alene              to do business in Idaho
• Idaho Elks Rehabilitation Hospital, Inc., Boise       •  Each corporation in the unitary group that’s 
                                                          required to file an Idaho income tax return
•  Idaho Youth Ranch
•  Kinderhaven, Sandpoint                               A corporation under the protection of Public Law 
                                                        86-272 isn’t required to pay the PBF tax.
• Learning Lab, Inc., Boise
• Magic Valley Rehabilitation Services, Inc.,Twin Falls Line 45 Total Tax From Recapture of Income 
•  New Day Products, Inc., Pocatello                    Tax Credits
                                                        Enter the total tax from recapture of income tax credits 
• Northwest (North Idaho) Children’s Home
                                                        from Form 44, Part II, line 6. Include Form 44.
•  Opportunities Unlimited, Inc., Lewiston
•  Panhandle Special Needs, Inc., Sandpoint             Line 46 Fuels Tax Due
                                                        If you buy gasoline, aircraft fuel, or special fuels 
• Project P.A.T.C.H. (Planned Assistance for 
                                                        (diesel, propane, or natural gas) without paying the 
  Troubled Children)
                                                        fuels tax and later use this fuel in licensed vehicles 
•  Shepherd’s Home, Inc., McCall                        or aircraft, you owe fuels tax. Add the amounts on 
• Transitional Employment Services for the              Form 75, Section IV, lines 3 and 4, and enter the total 
  Handicapped, Coeur d’Alene                            on this line. Include Form 75.
•  Walker Center, Gooding                               Line 47 Sales/Use Tax Due
•  Winchester Occupational Workshop, Winchester         If you purchased an item from an out-of-state seller 
•  Witco Inc., Caldwell                                 (including internet, catalog, radio, and TV purchases) 
                                                        and the seller didn’t collect sales tax on that 
•  Women’s and Children’s Alliance
                                                        purchase, you must pay the use tax directly to the 
The following are the qualified centers for             Tax Commission. Multiply the total amount of those 
independent living:                                     purchases by 6% (.06).

EIN00043 09-08-2023                                                                                     Page 6 of 8

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Form 41 — Instructions 2023 (continued)

If you computed use tax on Form 75, add it to the use Line 55 Special Fuels and Gasoline Tax Refund
tax on other purchases, and enter the total on this line. The special fuels (diesel, propane, or natural gas)
If you have an Idaho sales or use tax account, don’t tax refund is available to those who use the fuel for
enter your sales or use tax on this line, but continue heating or in off-highway equipment and have paid
to report the tax on these purchases on your sales the tax on the special fuels purchased. Enter the
and use tax returns. amount from Form 75, Section IV, line 2. Include
Form 75.
Line 48 Tax From Recapture of Qualified The gasoline tax refund is available to those who buy
Investment Exemption (QIE) and use gasoline in off-highway equipment or auxiliary
If you’ve claimed the QIE for property tax on property engines. Enter the amount from Form 75, Section IV,
that no longer qualifies before the end of the five-year line 1. Include Form 75.
recapture period, you must recapture part or all of
the property tax benefit. Enter the amount from Form Line 56 Tax Reimbursement Incentive Credit
49ER, Part III, line 18. Include Form 49ER. Enter the total credit allowed from the Idaho
Reimbursement Incentive Certificate. Include a copy
Line 50 Underpayment Interest of the certificate with the return.
Use Form 41ESR, Part I, Underpayment of Estimated
Tax, to determine if there’s an underpayment of If you claimed a deduction or credit on your federal
any estimated tax payments. Enter the amount of return for claim of right, complete Idaho Worksheet
underpayment interest from Form 41ESR, Part II, CR to determine which option benefits you most on
line 24. Include Form 41ESR. your Idaho return. See Claim of Right Worksheets at
tax.idaho.gov.
If this is an amended return, enter the amount from
the original return. Refund or Payment Due
Line 51 Donation to Opportunity Scholarship Line 59 Penalty and Interest
Program Penalty and interest are computed on the tax on
You can make a voluntary donation to the Idaho line 58 minus the underpayment interest on line 50
Opportunity Scholarship Program. The amount and the donation amount on line 51.
designated will either reduce your refund or increase
Penalty: Idaho law provides penalties for not filing
your tax due. Your choice to donate can’t be
tax returns by the due date, not paying tax due
changed; you can’t get a refund later.
on time, and not prepaying enough on extension
Contributions help provide need-based scholarship returns. For more information or to calculate a
funds to Idaho high school graduates who attend penalty, see our Penalties and Interest page at
approved higher education institutions in Idaho. tax.idaho.gov/penalties.
For more information about the Idaho Opportunity
The minimum penalty is $10.
Scholarship Program, please visit www.boardofed.
idaho.gov/scholarship/opportunity.asp. Interest: We charge interest on the amount of tax due
from the due date until paid in full. The rate for 2024
Payments and Other Credits is ?%.

Line 53 Estimated Tax Payments Line 60 Nonrefundable Credit From a Prior Year
Enter the total amount of estimated tax payments Return
made for tax year 2023 from the following form: If you were denied a refund from an overpayment of
• Form 41ES, Estimated Tax Payment/Extension tax on a prior year return because of the three-year
of Time Payment, and statute of limitations, you may be eligible to take
a credit for the amount. See Idaho Form 44 for
• The amount applied from your 2022 return
calculation of your credit and include it with your
Line 54 Tax Paid by ABE on the return.
Corporation’s Behalf
Enter the amount of tax paid by the affected
business entity on the corporation’s share of
affected business income. Include a copy of
Form ID K-1s with your return.

EIN00043 09-08-2023 Page 7 of 8

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Form 41 — Instructions 2023 (continued)

Line 63 Refund/Apply to 2024 Line 66 Tax Paid with Original Return Plus
Refund Additional Tax Paid
Enter the amount of your overpayment from line 62 Enter the total due paid from previous returns
that you want refunded to you. Refunds of less than for this tax year here as a positive amount. Don’t
$1 won’t be issued. You have three years from the include penalty, interest, Form 51 estimated
return’s due date (not including extensions) to claim payments, withholding, or unpaid tax.
a refund. Refunds will be reduced by unpaid Idaho
Line 67 Amended Tax Due or Refund
tax liabilities and can be applied to unpaid liabilities Add lines 64 and 65, then subtract line 66. A positive
owed to other agencies. amount is your amended tax due. A negative amount
The agency or party seizing the refund must send is your amended refund.
you notice of the action. Questions about a refund
seizure should be directed to the agency or party Signature
that initiated the claim for seizure. An authorized individual must sign the return on
Apply to 2024 behalf of the corporation.
If you’re filing an original return, subtract the
Tax Preparer
amount you want to refund from line 62. Any
difference will be applied to your 2024 tax and Check this box if you paid a tax preparer to
won’t be refunded. complete your return, and you’re authorizing the
Tax Commission to discuss your return with the paid
Amended Return Only preparer identified on your return.
Complete lines 64 through 67 only if you’re filing this You’re also authorizing the paid preparer to:
return as an amended return. • Give the Tax Commission any information that’s
missing from your return, and
Line 64 Total Due or Overpayment on This Return
If the total due shown on line 61 is greater than zero, • Call the Tax Commission for information about
enter the amount on this line as a positive amount. the processing of your return or the status of your
refund or payments
If line 61 is zero, enter the amount of overpayment You’re not authorizing the paid preparer to receive
from line 62 on this line as a negative amount. any refund check, bind you to anything including any
additional tax liability, or otherwise represent you
Line 65 Refund from Original Return Plus
before the Tax Commission. This authorization is valid
Additional Refunds
for up to 180 days from the date the Tax Commission
Enter the total refund amount from previous returns
receives the return. If you want the Tax Commission
for this tax year here as a positive amount.
to contact you instead of your preparer, leave the box
blank.

Contact us:
In the Boise area: (208) 334-7660 |Toll free: (800) 972-7660
Hearing impaired (TDD) (800) 377-3529
tax.idaho.gov/contact
EIN00043 09-08-2023 Page 8 of 8

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