Idaho
By the Numbers

Idaho Below is a snapshot of key features of Idaho's tax system. (Scroll Down)
State & Local Revenue (FY10)
  • General Revenue, Own-Source (GROS): $7.2 billion
  • General Revenue as a Share of Income: 14.8%
  • Tax Revenue: $4.3 billion
  • Tax Revenue as Share of income: 8.9%
  • Personal Income Tax (Share of Tax Revenue): 24.6% (15 out of 51)
  • Corporate Income Tax (Share of Tax Revenue): 2.3 % ( 35 out of 51)
  • Sales & Excise Tax (Share of Tax Revenue): 35.3 % ( 23 out of 51)
  • Property Tax (Share of Tax Revenue): 30.1 % ( 34 out of 51)
  • Other Taxes (Share of Tax Revenue): 4.8 % (30 out of 51)
Personal Income Tax Features (2012)
  • Range of Tax Rates: 1.6% - 7.4%
  • Standard Deduction: $5,950 ($11,900 for Married Couples)
  • Personal Exemption: $3,800
  • Dependent Exemption: $3,800
  • Earned Income Tax Credit (EITC): None
Corporate Income Tax Features (2012)
  • Range of Tax Rates: 7.40%
  • Income Level at Which Top Rate Applies: All
  • Combined Reporting: Yes
  • Apportionment Factor (Payroll): 25%
  • Apportionment Factor (Property): 25%
  • Apportionment Factor (Sales): 50%
  • Apportionment Note: Corporations can elect to use equally weighted formula
Sales Tax Features (2012)
  • State Sales Tax Rate: 6.00%
  • Average Local Sales Tax Rate: 0.05%
  • Average Combined State & Local Sales Tax Rate: 6.05%
  • State Sales Tax Treatment of Groceries: Taxed at regular rate, but offsetting credit/rebate is available
  • Local Sales Tax Treatment of Groceries: Taxed
  • Number of Services Taxed: 29 out of 168 surveyed (2007)
  • Streamlined Sales Tax Membership: No
  • Sales tax applies to digital goods and services
Property Tax Features (2012)
  • Provides a large homestead exemption for residential improvements only.
Other Tax & Revenue Features (2012)
  • Gasoline Tax Rate (per gallon): $0.25
  • Diesel Tax Rate (per gallon): $0.25
  • Cigarette Tax Rate (per pack): $0.57
  • Estate or Inheritance Tax: No
  • Net Lottery Sales Per Capita: $87 (2010)
Tax Policy Oversight
  • Tax Expenditure Report: Yes
  • Tax Incidence Analysis Capability: None

Last Updated October 4, 2012

Sources & Glossary