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Form ID K-1 — Schedule
Partner’s, Shareholder’s, or Beneficiary’s 2024
Share of Idaho Adjustments, Credits, etc.
Mo Day Year Mo Day Year
For tax year
beginning 24 ending Final K-1 Amended K-1
Part I — Pass-through Entity (PTE) Information
Partnership S Corporation Estate Resident Trust Nonresident Trust Qualified Investment Partnership
PTE EIN PTE name

PTE current address City State ZIP Code

Part II — Owner Information
General Partner Limited Partner Shareholder Beneficiary Other LLC Member Disregarded Entity
Owner’s SSN/EIN Owner’s name

Owner’s current address City State ZIP Code

PTE filing code: Nonresident Owner Agreement (A) Composite (C) Affected Business Entity (E)
Not Required to Withhold (N) Idaho Resident Individual (R) Pass-through Withholding (W)
Owners should refer to the ID K-1 instructions to determine if they have an Idaho filing requirement.
Beneficiary’s percentage of distributive share %

Owner’s share of profit and loss/stock ownership: Beginning % Ending %

Part III — Pass-through Owner’s Share of Idaho Apportionment Factor Items
Total Idaho
1. Real and tangible personal property: Beginning ............... 1
2. Real and tangible personal property: Ending .................... 2
3. Capitalized rent expense ................................................... 3
4. Sales ................................................................................. 4
5. Payroll ............................................................................... 5

Partnerships and Corporations 6. Idaho apportionment factor ..................................................................................................... 6 %

Part IV — Idaho Distributable Income Column A Column B
Federal Income Federal Idaho Apportioned
7. Ordinary income (loss) ...................................................... 7
8. Net rental real estate income (loss) .................................. 8
9. Interest income ................................................................. 9
10. Ordinary dividends ............................................................ 10
11. Royalties ........................................................................... 11
12. Net short-term capital gain (loss) ...................................... 12
13. Net long-term capital gain (loss). Include 1231 gain ......... 13
14. Other income (loss). Include schedule ............................. 14
15. Section 179 deduction ...................................................... 15
16. Guaranteed payments subject to Idaho apportionment factor .. 16
17. Charitable contributions ........................................................ 17
18. Trust/Estate income .......................................................... 18
19. Subtotal, federal income ................................................ 19
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Form ID K-1 — Schedule 2024 (continued)
Idaho Additions Column A Column B
Total Gross Owner’s Share Idaho Apportioned Amount
20. State, municipal, and local taxes ....................................... 20
21. Interest and dividends not taxable under
Internal Revenue Code (IRC) ............................................ 21
22. Bonus depreciation addition .............................................. 22
23. Other Idaho additions. Include schedule ........................... 23
Idaho Subtractions Column A Column B
Total Gross Owner’s Share Idaho Apportioned Amount
24. Interest from Idaho municipal securities included in
line 20, net expenses ........................................................ 24
25. Interest on U.S. government obligations, net expenses .... 25
26. Idaho technological equipment donation ........................... 26
27. Bonus depreciation deduction ........................................... 27
28. Other Idaho subtractions and descriptions ........................ 28
29. Subtotal net business income ............................................ 29
Allocated Income Column A Column B
Total Gross Owner’s Share Idaho Amount
30. Guaranteed payments sourced as compensation to Idaho .... 30
31. Guaranteed payments sourced as compensation
to another state ..................................................................... 31
32. Other allocated income. Include schedule ......................... 32
33. Total allocated income ......................................................... 33
34. Idaho distributable income ............................................... 34
Part V — Pass-through Withholding Idaho Amount

35. Tax withheld by the entity on behalf of the owner ............................................................. 35
Part VI — Pass-through Informational Items
36. Capital gain (loss) eligible for the Idaho capital gains deduction:
a. Description of property and Idaho location: b. Date acquired c. Date sold d. Distributive share
(mm/dd/yyyy) (mm/dd/yyyy) of gain or (loss)

Federal Idaho

37. Interest expense offset total income ................................ 37

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Form ID K-1 — Schedule 2024 (continued)

Part VII — Pass-through Idaho Credits Calculated by Entity Idaho Amount
(See Part XI if filing as Composite/ABE)

38. Credit for production equipment using post-consumer waste ................................................. 38

39. Promoter-sponsored event credit ............................................................................................ 39

40. Credit for Idaho research activities .......................................................................................... 40

41. Broadband equipment investment credit ................................................................................. 41

42. Idaho small employer investment tax credit ............................................................................ 42

43. Idaho small employer real property improvement tax credit .................................................... 43

44. Idaho small employer new jobs credit ...................................................................................... 44

45. Credit for employer contributions to employee’s Idaho college savings account ..................... 45

46. Recapture of broadband equipment investment credit ............................................................ 46

47. Recapture of Idaho small employer investment tax credit ....................................................... 47

48. Recapture of Idaho small employer real property improvement credit .................................... 48

49. Recapture of Idaho small employer new jobs credit ................................................................ 49

Part VIII — Informational Items for Idaho Credits Idaho Amount
(See Part XI if filing as Composite/ABE)

50. Share of eligible contributions to Idaho educational entities .................................................... 50

51. Share of eligible contributions to Idaho youth and rehabilitation facilities ................................ 51

Part IX — Information for Credit for Income Tax Paid to Other States Total Amount

State abbreviations for credit for income tax paid to other states

52. Share of owner’s adjusted income in other states ................................................................... 52

53. Share of taxes paid on the owner’s behalf to other states ....................................................... 53

Part X — Information for Investment Tax Credit Total Amount
(See Part XI if filing as Composite/ABE)

54. Share of owner’s qualifying new investments for Idaho investment tax credit ........................ 54

55. Share of owner’s qualifying used investments for Idaho investment tax credit ....................... 55

56. Share of owner’s Idaho investment tax recapture ................................................................... 56
Part XI — Pass-through Idaho Credits – Composite/Affected Business Entity
Idaho Amount
(ABE)

57. Tax paid by the entity on behalf of the owner on composite return ................................. 57

58. Tax paid by affected business entity .................................................................................... 58

59. Credit for contributions to Idaho educational entities ............................................................... 59

60. Idaho investment tax credit ...................................................................................................... 60

61. Credit for contributions to Idaho youth and rehabilitation facilities ........................................... 61

62. Credit for production equipment using post-consumer waste ................................................. 62
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Form ID K-1 — Schedule 2024 (continued)

63. Promoter-sponsored event credit ............................................................................................ 63

64. Credit for Idaho research activities .......................................................................................... 64

65. Broadband equipment investment credit ................................................................................. 65

66. Idaho small employer investment tax credit ............................................................................ 66

67. Idaho small employer real property improvement tax credit .................................................... 67

68. Idaho small employer new jobs credit ...................................................................................... 68

69. Credit for employer contributions to employee’s Idaho college savings account ..................... 69

70. Recapture of Idaho investment tax credit ................................................................................ 70

71. Recapture of broadband equipment investment credit ............................................................ 71

72. Recapture of Idaho small employer investment tax credit ....................................................... 72

73. Recapture of Idaho small employer real property improvement credit .................................... 73

74. Recapture of Idaho small employer new jobs credit ................................................................ 74

Part XII — Supplemental Information

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Form ID K-1 — Instructions
Partner’s, Shareholder’s or Beneficiary’s 2024
Share of Idaho Adjustments, Credits, etc.
General Instructions Part II — Owner Information
Idaho Form ID K-1 provides pass-through entity Owner’s member type. Check the appropriate box
owners with the information needed to complete to show if this owner is a general partner, limited
their Idaho income tax returns. partner, shareholder, beneficiary, other LLC member,
Idaho Form ID K-1 contains Idaho-specific or disregarded entity.
information not found on the federal Schedule K-1 Enter the owner’s Social Security number or EIN,
including Idaho adjustments, allocation, and name, and mailing address in the spaces provided.
apportionment amounts, credits, and recapture
amounts. PTE filing code. Check the appropriate box for your
reporting requirements for this owner.
An entity must provide a copy of this form to each
• If you have a Form PTE-NROA from the
of its owners.
owner, check the Nonresident Owner
Qualified Investment Partnerships Agreement box
A qualified investment partnership: • If the owner is part of your composite return,
• Is an entity classified as a partnership for check the Composite box
federal income tax purposes • If the owner is part of your affected business
• Isn’t publicly traded as a corporation, and entity return, check the Affected Business Entity
• Has at least 90% of its gross income from box
investments that Idaho wouldn’t tax if received • If you weren’t required to withhold on this owner,
directly by a nonresident individual check the Not Required to Withhold box
Nonresident individuals who own an interest in a • If the owner is an Idaho resident or part-year
qualified investment partnership are taxed on their resident, check the Idaho Resident Individual box
share of the entity’s noninvestment income from an • If you paid Idaho withholding on Form PTE-01
Idaho source. Nonresident individuals aren’t taxed on behalf of the owner, check the Pass-through
on their share of the entity’s investment income. Withholding box
An entity must include supplemental information For more information on these requirements, see
on Part XII stating that the entity is a qualified Form PTE-12 instructions.
investment partnership and that a nonresident isn’t
taxed on certain income. Beneficiary’s percentage of distributive share.
Enter the beneficiary’s percentage of distributive share
Specific Instructions as shown on the owner’s federal Schedule 1041 K-1.
File the 2024 form for calendar year 2024 or a
fiscal year that begins in 2024. If the entity’s tax Owner’s share of profit and loss/stock ownership.
Enter the partner’s beginning and ending share
year is a fiscal year, fill in the tax year space at the
of profit and loss shown on the partner’s federal
top of the form.
Schedule 1065 K-1 or the shareholder’s stock
If this is the last year the entity is filing an Idaho ownership as shown on the shareholder’s federal
income tax return or if the entity is filing an Schedule 1120S K-1.
amended Idaho return, check the applicable box at
the top of the form.
Part III — Pass-through Owner’s Share of
Idaho Apportionment Factor Items
Part I — Pass-through Entity Information
Enter your federal Employer Identification Number Complete this section if you’re an S corporation, a
(EIN), business name, and mailing address in the partnership, or are taxed as a partnership.
spaces provided. Lines 1 through 5. Complete for owners who are
Check the appropriate boxes to identify the entity. partnerships or corporations. If the partnership or
corporation has a 100% Idaho apportionment factor,
skip lines 1 through 5. Skip for all other owners.

EIN00075 08-19-2024 Page 1 of 5

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Form ID K-1 — Instructions 2024 (continued)

Enter the owner’s share of total and Idaho property, See Guaranteed Payments Guidance at
payroll, and sales (net of intercompany eliminations) tax.idaho.gov/pte.
from Idaho Form 42 in the spaces provided. *Amount changes every year.
Complete these lines even if you use single sales
factor. Line 18
If the beneficiary is an Idaho nonresident, only
Line 6. Enter your Idaho apportionment factor. If enter the nonresident beneficiary’s share of the
all business was transacted in Idaho, enter 100%. Idaho-source income distributed from Form 66, line
Otherwise, enter the amount from your Idaho 5. Some sources of income may not be Idaho-source
Form 42, Part I, line 21. income to a nonresident beneficiary.

Part IV — Idaho Distributable Income Column B: Complete if you’re a trust or estate. Enter
the beneficiary’s share of Idaho distributed income
What does Column A represent?
from Form 66, line 5.
Column A represents the owner’s specific share of
the entity’s income, modifications, and credits. Idaho Additions

What does Column B represent? Line 20
Column B represents the portion of Column A that’s Column A: Multiply the amount from the following by
allocated or apportioned to Idaho. the owner’s percentage of ownership.

For S Corporations and Partnerships: • Idaho Form 41S, line 20
• Form 65, line 18
Idaho Resident and Part-year Resident Owners
Complete lines 7-17 and line 19 of Columns A Column B:
and B. These are the amounts from the federal • S corporations or partnerships:
Schedule K-1. For lines 20-28, Column B equals
Multiply Column A by the Idaho
Column A. See page 5 for additional information for
apportionment percentage
individual owners.
Line 21
Nonresident Owners
Complete lines 7-17 and line 19 of Columns A and B. Column A: Multiply the amount from the following by
See page 5 for additional information for individual the owner’s percentage of ownership.
owners. • Idaho Form 41S, line 19
Column A: Enter the owner’s share of amounts • Form 65, line 17
from the federal K-1. • Form 66, Schedule A, line 8, Column A
Column B: Multiply Column A by the Idaho Column B:
apportionment factor (Part III, line 6), and enter • S corporations or partnerships:
amount here.
Multiply Column A by the Idaho
Line 16. Complete if you’re a partnership. apportionment percentage
Enter the amount of guaranteed payments included • Trusts and estates:
in apportionable income (income assigned among Enter the owner’s share of Form 66, Schedule
states using a formula). A, line 8, Column B
Enter the amount of guaranteed payments in
excess of the amount sourced as compensation for Line 22
services. Column A: Multiply the amount from the following by
For example, a Utah partner receives a guaranteed the owner’s percentage of ownership.
payment of $400,000 in 2024 for services • Idaho Form 41S, line 21
performed in Utah. The first $326,994* is sourced • Form 65, line 19
as compensation to Utah and is reported on Line 31 • Form 66, Schedule A, line 9, Column A
Column A. The remaining $73,006 is sourced to
Idaho and is entered here.

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                                                        Form ID K-1 — Instructions     2024     (continued)

Column B:                                             • Trusts and estates:
• S corporations or partnerships:                       •  Enter the owner’s share of the amount 
          Multiply Column A by the Idaho                     from Form 66, Schedule A, line 12, 
           apportionment percentage                           Column A
• Trusts and estates:                                 Column B:
          Enter the owner’s share of Form 66,        • S corporations or partnerships:
           Schedule A, line 9, Column B and include a        Multiply Column A by the Idaho apportionment 
           schedule                                           percentage

                                                      • Trusts and estates:
Line 23
                                                             Enter the owner’s share of Form 66, 
Column A: Multiply the amount from the following 
                                                              Schedule A, line 12, Column B
by the owner’s percentage of ownership.
• Idaho Form 41S, line 22                             Line 26 
• Form 65, line 20                                    Column A: Multiply the amount from Idaho Form 41S, 
• Form 66, Schedule A, line 10, Column A              line 28 or Form 65, line 26 by the owner’s percentage 
                                                      of ownership.
Column B:
                                                      • Trusts and estates:
• S corporations or partnerships:
                                                          Enter the owner’s share of the amount from 
          Multiply Column A by the Idaho 
                                                              Form 66, Schedule A, line 14, Column A
           apportionment percentage
• Trusts and estates:                                 Column B:
          Enter the owner’s share of Form 66,        • S corporations or partnerships:
           Schedule A, line 10, Column B and                 Multiply Column A by the Idaho apportionment 
           include a schedule                                 percentage

Idaho Subtractions                                    • Trusts and estates:
                                                             Enter the owner’s share of the Idaho 
Line 24
                                                              technological equipment donation included 
Column A: Multiply the amount from Idaho                      in Form 66, Schedule A, line 14, Column B
Form 41S, line 24 less amount allocable on line 26, 
or Form 65, line 22 less amount allocable on line 24  Line 27 
by the owner’s percentage of ownership.               Column A: Multiply the amount from Idaho Form 41S, 
• Trusts and estates:                                 line 32, or Form 65, line 30 by the owner’s percentage 
         •  Enter the owner’s share of the amount     of ownership. 
           from Form 66, Schedule A, line 12,         • Trusts and estates:
           Column A                                     •  Enter the owner’s share of the amount from 
Column B:                                                     Form 66, Schedule A, line 13, Column A
• S corporations or partnerships:                     Column B
          Multiply Column A by the Idaho             • S corporations or partnerships:
           apportionment percentage                          Multiply Column A by the Idaho apportionment 
• Trusts and estates:                                         percentage
          Enter the owner’s share of Form 66,        • Trusts and estates:
           Schedule A, line 12, Column B                     Enter the owner’s share of Form 66, 
                                                              Schedule A, line 13, Column B
Line 25 
Column A: Multiply the amount from Idaho              Line 28 
Form 41S, line 25 less amount allocable on line 26,   Column A: Multiply the amount from Idaho 
or Form 65, line 23 less amount allocable on line 24  Form 41S, line 33 or Form 65, line 31 (include a 
by the owner’s percentage of ownership.               schedule) by the owner’s percentage of ownership.

EIN00075   08-19-2024                                                                             Page 3 of 5

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Form ID K-1 — Instructions 2024 (continued)

• Trusts and estates: Part VI — Pass-through Informational Items
Enter the owner’s share of Form 66, Line 36. For owners other than C corporations, enter
Schedule A, line 14, Column A the owner’s distributive share of gain or loss from
the sale of Idaho qualified property. If the owner is a
Column B: C corporation, leave this line blank. Use this line to
• S corporations or partnerships: identify the property sold, date acquired, date sold,
Multiply Column A by the Idaho and distributive share of gain or loss.
apportionment percentage
Line 37. Enter the amounts from federal Form 1120S,
• Trusts and estates:
line 6 or federal Form 1065, line 8 multiplied by the
Include the owner’s share of Form 66, owner’s percentage of ownership.
Schedule A, line 14, Column B
Part VII — Pass-through Idaho Credits
Line 29
Add lines 19 and 20 through 23, and then subtract Calculated by Entity
lines 24 through 28. (See Part XI if filing as Composite/ABE)

Allocated Income Multiply the pass-through Idaho credits by the owner’s
Allocated income is income that’s assigned to one percentage of ownership.
specific state. Report the allocated portion of a
guaranteed payment here. Part VIII — Informational Items for Idaho Credits
(See Part XI if filing as Composite/ABE)
Line 30. Complete if you’re a partnership
Column B: Enter the amount of guaranteed Line 50. Enter the owner’s distributive share of the
payments sourced to Idaho. total amount of qualifying contributions to Idaho
educational entities.
Line 31. Complete if you’re a partnership.
Line 51. Enter the owner’s distributive share of the
Column A. Enter the amount of guaranteed
total amount of qualifying contributions to Idaho
payments sourced as compensation to a state other
youth and rehabilitation facilities.
than Idaho.
For example, a Utah partner receives a guaranteed Part IX — Information for Credit for Income
payment of $400,000 in 2024 for services Tax Paid to Other States
performed in Utah. The first $326,994* is sourced
as compensation to Utah and is reported here. Enter the two letter state abbreviation for the state
that also taxed the income.
See Guaranteed Payments Guidance at
tax.idaho.gov/pte. Line 52. Enter the owner’s share of the adjusted
*Amount changes every year. income reported to the other state.

Line 32. Enter all other allocated income. Include a Line 53. Enter the owner’s share of taxes paid to the
schedule listing the source of the income. other state by the entity.

Line 34 Part X — Information for Investment Tax Credit
Column B: Add Column B, line 29 plus Column B, (See Part XI if filing as Composite/ABE)
line 33. This amount ties to Form PTE-12, Column
(b) for this owner. Line 54. Enter the owner’s share of the qualifying
new investments for the Idaho investment tax credit.
Part V — Pass-through Withholding Line 55. Enter the owner’s share of qualifying used
Line 35. Enter the amount from Form PTE-12, investments for the Idaho investment tax credit.
column (d) for this owner. This amount matches the
PTE-01 amount for this owner. Line 56. Enter the owner’s share of the Idaho
investment tax recapture.

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Form ID K-1 — Instructions 2024 (continued)

Part XI — Pass-through Idaho Credits – Idaho Residents
Composite/Affected Business Entity (ABE) You pay tax on all of your income from the entity even
For S corporations, multiply the entity’s pass- if the entity apportions the income between Idaho and
through Idaho credits by the member’s ownership other states.
percentage.
Part-year Residents
For a partnership, multiply the entity’s pass-through You earn income from the entity proportionately during
Idaho credits by the member’s distributive share of the tax year.
income (including guaranteed payments). For the portion of the year you were a nonresident:

Line 57. Enter the amount from Form PTE-12, • Use the Idaho apportionment factor to
column (c) for this owner. determine the amount of Idaho source income
For the portion of the year you were an Idaho resident:
Line 58. Enter the amount from Form PTE-12,
column (e) for this owner. • Report all income and deductions
If you’re a trust or estate passing ABE credit to your Nonresident
beneficiaries, include the information in Part XII, Use the Idaho apportionment factor to determine the
Supplemental Information. amount of Idaho source income from the entity.

Line 60. Enter any amounts from Form 49, Part I, If you’ve signed a Nonresident Owner Agreement
lines 7b & 8b and Part II, line 8. (NROA), you’re required to file an Idaho income tax
return.
Part XII — Supplemental Information
List any supplemental information required by the
owner to complete the Idaho return. If there isn’t
enough space provided, include additional pages
as needed.

Instructions for Individual Owners
Use the information provided below to complete your
Idaho return if you’re required to file.

Idaho Filing Requirements
• Individuals – Idaho source gross income of more
than $2,500. See individual instructions for more
information.
• S Corporation and Partnership – Transacting
business in Idaho.
• Estate – Gross income of $600 or more.
• Trust – Gross income of $100 or more.

Contact us:
In the Boise area: (208) 334-7660 Toll free:|(800) 972-7660
Hearing impaired (TDD) (800) 377-3529
tax.idaho.gov/contact
EIN00075 08-19-2024 Page 5 of 5

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