Form ID-529
                         Credit for Employer Contributions to Employee 
                         Idaho College Savings Account
Names as shown on return                                      Social Security number or EIN

Part I — Credit Available Subject to Limitation

1.  Current year credit available from page 2 ............................................................................................... 1 

2.  Carryover from prior years ...................................................................................................................... 2 

3.   Credit distributed to shareholders, partners, or beneficiaries .................................................................         3 

4.  Total credit available. Add lines 1 and 2, then subtract line 3 ................................................................. 4 
Part II — Limitations

1.  Enter the Idaho income tax from your return .......................................................................................... 1 

2.  Credit for income tax paid to other states ............................................................................................... 2 

3.  Credit for contributions to Idaho educational entities .............................................................................. 3 

4.  Investment tax credit from Form 49, Part II, line 8 .................................................................................. 4 

5.  Credit for contributions to Idaho youth and rehabilitation facilities .......................................................... 5 

6.  Credit for production equipment using post-consumer waste ................................................................. 6 

7.  Promoter-sponsored event credit ............................................................................................................ 7 

8.  Credit for Idaho research activities from Form 67, line 29 ....................................................................... 8 

9.  Broadband equipment investment credit from Form 68, line 18 ............................................................. 9 

10.  Small employer investment tax credit from Form 83, line 28 .................................................................. 10 

11.  Small employer real property improvement tax credit from Form 84, line 26 .......................................... 11 

12.  Small employer new jobs tax credit from Form 85, line 35 ...................................................................... 12 

13.  Credit for live organ donation expenses .................................................................................................. 13 

14.  Idaho child tax credit ................................................................................................................................ 14 

15.  Add Part II, lines 2 through 14 ................................................................................................................. 15 

16.  Tax available after other credits. Subtract Part II, line 15 from Part II, line 1 .......................................... 16 

17.  Total credit allowed on current year tax return. Enter the smaller amount from Part I, line 4
     or Part II, line 16 here and on Form 44, Part I, line 9 .............................................................................. 17 
Part III — Credit Carryover

1.  Total credit available subject to limitations. Enter the amount from Part I, line 4 .................................... 1 

2.  Credit allowed. Enter the amount from Part II, line 17 ............................................................................. 2 

3.  Credit carryover to future years. Subtract Part III, line 2 from Part III, line 1. Enter the
     amount here and on Form 44, Part I, line 9 ............................................................................................ 3 

EFO00327   01-31-2023                                                                                                                                           Page 1 of 2

                                                                                       Form ID-529     (continued)
   Employee/account owner last name  First name                                                                                                     Middle initial
A 
SSN or ITIN                          Filing period (MM/DD/YYYY) Amount of contribution                                                    Tax credit*

   Employee/account owner last name  First name                                                                                                     Middle initial
B
SSN or ITIN                          Filing period (MM/DD/YYYY) Amount of contribution                                                    Tax credit*

   Employee/account owner last name  First name                                                                                                     Middle initial
  C
SSN or ITIN                          Filing period (MM/DD/YYYY) Amount of contribution                                                    Tax credit*

   Employee/account owner last name  First name                                                                                                     Middle initial
D 
SSN or ITIN                          Filing period (MM/DD/YYYY) Amount of contribution                                                    Tax credit*

   Employee/account owner last name  First name                                                                                                     Middle initial
  E
SSN or ITIN                          Filing period (MM/DD/YYYY) Amount of contribution                                                    Tax credit*

   Employee/account owner last name  First name                                                                                                     Middle initial
F 
SSN or ITIN                          Filing period (MM/DD/YYYY) Amount of contribution                                                    Tax credit*

   Employee/account owner last name  First name                                                                                                     Middle initial
G 
SSN or ITIN                          Filing period (MM/DD/YYYY) Amount of contribution                                                    Tax credit*

   Employee/account owner last name  First name                                                                                                     Middle initial
H
SSN or ITIN                          Filing period (MM/DD/YYYY) Amount of contribution                                                    Tax credit*

   Employee/account owner last name  First name                                                                                                     Middle initial
I 
SSN or ITIN                          Filing period (MM/DD/YYYY) Amount of contribution                                                    Tax credit*

   Employee/account owner last name  First name                                                                                                     Middle initial
J 
SSN or ITIN                          Filing period (MM/DD/YYYY) Amount of contribution                                                    Tax credit*

   Employee/account owner last name  First name                                                                                                     Middle initial
K
SSN or ITIN                          Filing period (MM/DD/YYYY) Amount of contribution                                                    Tax credit*

Total tax credits from sections A through K ..............................................................................................

                                    * (20% of the total contribution up to $500)

EFO00327    01-31-2023                                                                                                                               Page 2 of 2

                     Form ID-529 — Instructions
                     Credit for Employer Contributions to Employee
                     Idaho College Savings Account
General Instructions                                    The following credits must be applied to the tax 
An employer who contributes directly to an              before the ID-529 credit:
employee’s 529 qualified state tuition program            1.  Credit for income tax paid to other states
account can claim a credit against the employer’s 
                                                          2.  Credit for contributions to Idaho educational 
income taxes.
                                                           entities
The employer can claim a credit of 20% of the total       3.  Investment tax credit
contribution per employee up to a maximum of 
                                                          4.  Credit for contributions to Idaho youth and 
$500.
                                                           rehabilitation facilities
The credit is nonrefundable but may be carried            5.  Credit for production equipment using 
forward on the employer’s return for up to five            post-consumer waste
years.
                                                          6.  Promoter-sponsored event credit
Specific Instructions                                     7.  Credit for Idaho research activities
                                                          8.  Broadband equipment investment credit
Instructions are for lines not fully explained on the 
form.                                                     9.  Small employer investment tax credit
                                                        10. Small employer real property improvement tax 
Part I — Credit Available Subject to Limitation            credit
Line 2. Enter the carryover from prior years. See       11. Small employer new jobs tax credit
General Instructions for the carryover period           12. Credit for live organ donation expenses
allowed.
                                                        13. Idaho child tax credit
Line 3. If you’re an S corporation, partnership, trust, 
                                                        Line 1. Enter the amount of your Idaho income 
or estate, enter the amount of credit that passed 
                                                        tax. This is the computed tax before adding the 
through to partners, shareholders, or beneficiaries. 
                                                        permanent building fund tax or any other taxes or 
Report this amount on Form ID K-1, Part VII, line 50.
                                                        subtracting any credits.
Part II — Limitations
                                                        Line 2. Enter the credit for income tax paid to other 
The credit is limited to the Idaho income tax after     states from Form 39R or Form 39NR. This credit is 
allowing all other tax credits that may be claimed      available only to individuals, trusts, and estates.
before it.
                                                        Part III — Credit Carryover
                                                        Line 3. The amount of credit available that exceeds 
                                                        the total credit allowed on the current year tax return 
                                                        may be carried forward up to five tax years. Enter this 
                                                        amount on Form 44, Part I, line 9 in the Carryover 
                                                        column.

                                                Contact us:
                      In the Boise area: (208) 334-7660  |Toll free: (800) 972-7660
                             Hearing impaired (TDD) (800) 377-3529
                                           tax.idaho.gov/contact
EIN00103  01-31-2023