Idaho Business Income Tax Extension of Time Payment Form

In the case of wanting to extend time payment for an income tax in the State of Idaho to the IRS, the following form has to be completed and submitted.

Extracted Text for Proper Search

A.  CORPORATE ESTIMATED TAX PAYMENTS WORKSHEET
 1.  Anticipated Idaho taxable income this year	 ........................................................................\
.................	 1. 	 ____________________	
 2.  Income tax on anticipated Idaho taxable income.  Multiply line 1 by 7.4%	 ..........................................	 2. 	 ____________________	
 3.  Permanent building fund tax ($10 or, if a combined report, multiply $10 by the number of 	 	
	 	 corporations 	required	to	file	for	income	tax	purposes)	 ........................................................................\
.	 3. 	 ____________________	
 4.  Tax from recapture of business income tax credits.  See Form 44, Part II, for a complete list	 ............	 4. 	 ____________________	
  5.  Total income tax.  Add lines 2 through 4	 ........................................................................\
......................	 5. 	 ____________________	
  6.  Anticipated income tax credits	 ........................................................................\
.....................................	 6. 	 ____________________	
 7.  Estimated income taxes payable on this year's return.  Line 5 minus line\
 6	 ........................................	 7. 	 ____________________	 	
  	If the amount is less than $500, stop here.  You are not required to make estimated tax payments.	
 8.  Multiply line 7 by 90%	 ..........................................................................................................................	 8. 	 ____________________	
 9.  Idaho total tax less the total of any fuels tax, sales/use tax, and tax \
from recapture of QIE	 	
    from the 2011 tax return	 .......................................................................................................................	 9. 	 ____________________	
  10.  Estimated tax payments.  Multiply the smaller of lines 8 or 9 by 25%.  This is the amount of each 	 	
    estimated tax payment	 .........................................................................................................................	 10. 	 ____________________	
  B.  EXTENSION OF TIME PAYMENT WORKSHEET
	 1.	 Was	a	tax	return	filed	last	year?	 ........................................................................\
...................................	 1. 	
 2.  If yes, enter the total tax less the total of the fuels tax, sales/use t\
ax, and tax from 	 	
    recapture of QIE from the 2011 tax return	........................................................................\
....................	 2. 	 ____________________	
 3.  Estimated income tax due this year less estimated income tax credits. (\
Estimated tax due 	 	
    includes the $20 minimum tax, the $10 permanent building fund tax, and t\
ax from recapture of 	 	
	 	 business	income	tax	credits.)		See	instructions	 ........................................................................\
...........	 3. 	 ____________________	
 4.  Enter 80% of the amount on line 3	 ........................................................................\
...............................	 4. 	 ____________________	
 5.  If you answered yes to the question on line 1, enter the lesser of the a\
mount on line 2 or line 4. 	 	
    If you answered no, enter the amount from line 4	 ........................................................................\
........	 5. 	 ____________________	
 6.  Estimated tax payments and tentative payments	 ........................................................................\
........	 6. 	 ____________________	
 7.  PAYMENT.  Line 5 minus line 6.  If $50 or less, a payment isn't required	 ............................................	 7. 	 ____________________	
Return this form ONLY if you're making a payment.	
Idaho Business Income Tax Payments Worksheets	
Use the worksheet in Part A to compute your corporate estimated tax payments.	
 Use the worksheet in Part B to determine if you need to make an extensi\
on of time payment.	
EFO0002608-27-12
FORM	
41ESEFO0002608-27-12	
ESTIMATED TAX PAYMENT / EXTENSION OF TIME PAYMENT	
IDAHO BUSINESS INCOME TAX	
.	
CUT HERE	
YES	NO	YES	NO	
For		calendar		year	________,	or	fiscal	year	beginning		 	 																	ending		
 Mo Day 	Year	Mo Day Year	
1       ESTIMATED TAX	1 CORPORATION - FORM 41  3 FIDUCIARY - FORM 66
2  S CORPORATION - FORM 41S  4 PARTNERSHIP - FORM 65	
YES          NO	
2       EXTENSION OF TIME	
Return this form with a check or money order payable to:  Idaho State Tax Commission, PO Box 83784, Boise ID 83707-3784	
$       00	
05
10	
Business	name	 	Federal	employer	identification	number
Business mailing address   Tax Code
City, State and Zip Code   Tran Code
Name	change?	 Combined	report?	Amount	paid	
TYPE OF RETURN TO BE FILED	TYPE OF PAYMENT