Form 83R (EFO00012) Recapture of Idaho Small Employer Investment Tax Credit - Idaho

What Is Form 83R (EFO00012)?

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 83R (EFO00012)?
A: Form 83R (EFO00012) is a tax form used to report the recapture of the Idaho Small Employer Investment Tax Credit.

Q: What is the purpose of the Idaho Small Employer Investment Tax Credit?
A: The Idaho Small Employer Investment Tax Credit aims to encourage investments in small businesses and stimulate economic growth.

Q: Who is eligible for the Idaho Small Employer Investment Tax Credit?
A: Small employers in Idaho who make qualified investments in approved small businesses are eligible for the tax credit.

Q: What is the recapture provision of the tax credit?
A: The recapture provision requires taxpayers to pay back a portion of the tax credit if the qualifying investment fails to meet certain conditions.

Q: How is Form 83R (EFO00012) used to report the recapture?
A: Form 83R (EFO00012) is used to calculate the recapture amount and report it to the Idaho state tax authorities.