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Form 83R
Recapture of Idaho Small Employer
Investment Tax Credit
Names as shown on return Social Security number or EIN

Identify Property That No Longer Qualifies as Idaho Small Employer
Part I —
Investment Tax Credit Property
Properties Property Description (include a schedule)
A

Part II — Original Idaho Small Employer Investment Tax Credit
Properties
A B C D E
1. Date property placed in
service ........................................ 1

2. Cost or other basis ..................... 2
3. Credit percentage ....................... 3 3.75% 3.75% 3.75% 3.75% 3.75%

4. Original credit. Multiply line 2
by line 3 ...................................... 4
5. Date property ceased
to qualify ..................................... 5
6. Number of full years between
the date on line 1 and the
date on line 5 .............................. 6

Part III — Computation of Recapture Tax

7. Recapture percentage from
table in instructions .................... 7
8. Tentative recapture tax.
Multiply line 4 by line 7 .............. 8

9. Add line 8, columns A through E ........................................................................................................ 9

10. Pass-through share of credit recapture from S corporations, partnerships, trusts, or estates ........... 10

11. Add lines 9 and 10 ............................................................................................................................. 11

12. Credit recapture distributed to shareholders, partners, or beneficiaries ............................................ 12
13. Enter the portion of original credit not used to offset any tax. Don’t enter more than line 11.
The amount on this line reduces the carryover available to the current year .................................... 13

14. Add lines 12 and 13 ........................................................................................................................... 14
15. Recapture of small employer investment tax credit. Subtract line 14 from line 11.
Enter here and on Form 44, Part II, line 3. Don’t use this amount to reduce the current year’s
small employer investment tax credit computed on Form 83 ............................................................. 15
EFO00012 01-31-2023

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Form 83R — Instructions
Recapture of Idaho Small Employer
Investment Tax Credit
General Instructions credit. Use a separate column for each item. Use an
Use Form 83R to compute the increase in tax and additional Form 83R or other schedule with the same
reduction to credit carryover for the recapture of the information as required on Form 83R if you have
small employer investment tax credit (SE-ITC). SE-ITC recapture on more than five items.
If you claimed the SE-ITC in an earlier year and Part II — Original Idaho Small Employer
don’t meet the tax incentive criteria you certified to Investment Tax Credit
on Idaho Form 89SE, you must recapture all the S corporations, partnerships, trusts, and estates that
SE-ITC claimed in the earlier years. have credit subject to recapture must complete lines 1
Recompute the credit if you earned it in an earlier through 9 to determine the amount of credit recapture.
year but disposed of the property before the end of Shareholders, partners, and beneficiaries will use the
the five-year recapture period. Also, recompute the information provided by the S corporation, partnership,
credit on any property that no longer qualifies as trust, or estate to report their pass-through share of the
SE-ITC property. Property moved from Idaho within credit to be recaptured on line 10. If the only recapture
the first five years no longer qualifies as SE-ITC you’re reporting is from a pass-through entity, skip
property and is subject to recapture. lines 1 through 9 and begin on line 10.
Recapture may be necessary when:
Line 1. Enter the month, day, and year that the
• An S corporation shareholder’s interest is property was placed in service.
reduced by a sale, redemption, or other
disposition of the shareholder’s stock, or by Line 2. Enter the cost or other basis of the property
the corporation’s issuance of more shares. used to compute the original SE-ITC.
• A partner’s proportionate interest in the general
Line 4. Multiply line 2 by line 3 to compute the credit
profits of the partnership (or in a particular item
originally earned for each property listed.
of property) is reduced.
• A trust’s, estate’s, or beneficiary’s Line 5. Enter the month, day, and year the property
proportionate interest in the income of the trust ceased to qualify as SE-ITC property.
or estate is reduced.
Line 6. Don’t enter partial years. If the property was
S corporations, partnerships, trusts, and estates held less than 12 months, enter zero. If you didn’t
that pass through SE-ITC to the shareholders, meet the tax incentive criteria, enter zero.
partners, or beneficiaries must provide Form ID K-1
reporting the recapture amount and including in Part III — Computation of Recapture Tax
Part XI, Supplemental Information, details on the Line 7. Enter the appropriate recapture percentage
years the credit being recaptured was originally from the following table.
earned.
Add any tax owed from recapture of credits claimed If the number of full years Then the recapture
in prior years to the tax otherwise determined in on Form 83R, line 6 is ... percentage is...
the year of recapture. Recapture of credits not 0 100
claimed in prior years reduces the amount of credit 1 80
carryover available to the current year. 2 60
3 40
Specific Instructions 4 20
Instructions are for lines not fully explained on the 5 or more 0
form.
Line 9. Add all amounts on line 8. If you’ve used
Part I — Identify Property That No Longer more than one Form 83R or separate sheets to list
Qualifies as Idaho Small Employer Investment additional items you computed an increase in tax on,
Tax Credit Property write to the left of the entry space “Tax from attached”
Describe the property for which you must recompute and the total tax from the separate sheets. Include the
the SE-ITC. Fill in lines 1 through 8 in Parts II and III amount in the total for line 9.
for each property on which you’re recomputing the
EIN00089 01-31-2023 Page 1 of 2

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Form 83R — Instructions (continued)

Line 10. Enter the amount of recapture of SE-ITC Line 13. If you didn’t use all of the credit you originally
that’s being passed to you from S corporations, computed, either in the year earned or in a carryover
partnerships, trusts, and estates. This amount is year, you won’t have to pay tax from recapture of the
reported on Form ID K-1, Part VII, line 52 or Form ID amount of the credit you didn’t use.
K-1, Part XI, line 76 (ABE). Compute the unused portion of the original credit from
Include on line 10 any recapture that’s necessary Form 83R, line 4 or that was passed through to you
because of: from an S corporation, partnership, trust, or estate on
• A reduction of a shareholder’s proportionate a separate sheet and enter the amount on this line.
stock interest in an S corporation Don’t enter more than the tax from recapture on line
11.
• A reduction in the interest in the general profits
of a partnership, or Line 15. This is the total increase in tax. Enter it on
• A reduction in the proportionate interest in the this line and on Form 44, Part II, line 3. Don’t use this
income of a trust or estate amount to reduce your current year’s SE-ITC from
Form 83.
Line 11. Add lines 9 and 10 to determine the
amount of credit subject to recapture.

Line 12. If you’re an S corporation, partnership,
trust, or estate, enter the amount of credit recapture
that passed through to shareholders, partners, or
beneficiaries. Don’t include any recapture on this
line for shareholders, partners, or beneficiaries
you’re paying the tax for.

Contact us:
In the Boise area: (208) 334-7660 |Toll free: (800) 972-7660
Hearing impaired (TDD) (800) 377-3529
tax.idaho.gov/contact
EIN00089 01-31-2023 Page 2 of 2

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