Form 49ER (EFO00032) Recapture of Qualified Investment Exemption From Property Tax - Idaho

What Is Form 49ER (EFO00032)?

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 49ER?
A: Form 49ER is a form used in Idaho for the recapture of qualified investment exemption from property tax.

Q: What is the purpose of Form 49ER?
A: The purpose of Form 49ER is to recapture the qualified investment exemption from property tax.

Q: Who needs to file Form 49ER?
A: Any taxpayer in Idaho who previously received a qualified investment exemption and no longer meets the requirements must file Form 49ER.

Q: What is the deadline to file Form 49ER?
A: Form 49ER must be filed on or before the first Monday in June each year.

Q: Are there any fees associated with filing Form 49ER?
A: There are no fees associated with filing Form 49ER.

Q: Are there any penalties for not filing Form 49ER?
A: Yes, failure to file Form 49ER by the deadline may result in penalties and interest charges.

Q: What information do I need to complete Form 49ER?
A: You will need information about the property, the exemption received, and the reason for recapturing the exemption.

Q: Can I amend my Form 49ER if I made an error?
A: Yes, you can amend your Form 49ER by submitting a corrected form to the Idaho State Tax Commission.