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Facts and figures about
taxes in Idaho
3,611
CPAs across the state
1,839,106
Residents as of 2022
106,580
People claiming self- employment tax deductions
67,730
S-Corps statewide
71,440
People taking itemized deductions
134,960
People claiming the QBI deduction
😵💫 Idaho CPAs cost a lot when there's only one for every 516 residents.
😓 19 million taxpayers were late filing taxes last year.
😨 Without a trained tax professional, 30 million Americans miss tax-saving deductions.
😣 Nearly half of Americans end up paying more tax than they have to.
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How to set up an LLC in Idaho
Idaho State Income Tax Rates & Brackets for 2023
The following tables represents Idaho's income tax rates and tax brackets:
SINGLE FILER
Brackets
Rates
$0 - $1,588
1.00%
$1,588 - $4,763
3.00%
$4,763 - $7,939
4.50%
$7,939+
6.00%
MARRIED FILING JOINTLY
Brackets
Rates
$0 - $3,176
1.00%
$3,176 - $9,526
3.00%
$9,526 - $15,878
4.50%
$15,878+
6.00%
Filing Status
Standard Deduction Amt.
Single
$12,950
Couple
$19,425
Idaho State Sales Tax Rates for 2023
County
Tax Rate
Ada County
6%
Adams County
6%
Bannock County
8%
Bear Lake County
6%
Benewah County
6%
Bingham County
6%
Blaine County
9%
Boise County
6%
Bonner County
7%
Bonneville County
7%
Boundary County
6%
Butte County
6%
Camas County
6%
Canyon County
6%
Caribou County
6%
Cassia County
6.10%
Clark County
6%
Clearwater County
6%
Custer County
8.50%
Elmore County
6%
Franklin County
6%
Fremont County
6%
Gem County
6%
Gooding County
6%
Idaho County
7%
Jefferson County
6%
Jerome County
6%
Kootenai County
6%
Latah County
6%
Lemhi County
6%
Lewis County
6%
Lincoln County
6%
Madison County
6%
Minidoka County
6%
Nez Perce County
6%
Oneida County
6%
Owyhee County
6%
Payette County
6%
Power County
6%
Shoshone County
6%
Teton County
7%
Twin Falls County
6%
Valley County
7%
Washington County
6%
Idaho State IRS Statistics of Income for 2020
Item
(All amounts are in 1000s of dollars)
Number of returns
Number of single returns
Number of joint returns
Number of head of household returns
Number of individuals
Adjusted gross income (AGI)
Total income: Number
Amount
Salaries and wages in AGI: Number
Amount
Business or profession net income (less loss): Number
Amount
Partnership/S-corp net income (less loss): Number
Amount
Self-employed health insurance deduction: Number
Amount
Student loan interest deduction: Number
Amount
Charitable contributions if took standard deduction: Number
Amount
Total itemized deductions: Number
Amount
State and local income taxes: Number
Amount
State and local general sales taxes: Number
Amount
Qualified business income deduction: Number
Amount
Child and dependent care credit: Number
Amount
Child and other dependent tax credit: Number
Amount
Self-employment tax: Number
Amount
Earned income credit: Number
Amount
Refundable education credit: Number
Amount
Recovery rebate credit: Number
Amount
Total tax liability: Number
Amount
Total additional Medicare tax: Number
Amount
Net investment income tax: Number
Amount
Tax due at time of filing: Number
Amount
Total overpayments: Number
Amount
All returns
868,550
399,950
375,030
82,510
1,730,150
61,185,449
853,160
61,971,482
689,220
38,114,956
139,720
1,687,074
67,730
6,139,272
28,120
195,241
59,940
40,770
239,920
62,315
71,440
2,828,935
59,900
887,300
10,340
19,001
134,960
1,291,867
26,280
14,018
218,900
569,301
106,580
348,285
126,450
276,152
36,770
31,521
158,690
237,257
617,460
7,516,182
14,480
25,078
22,260
142,428
186,690
1,355,868
642,850
2,150,028
Under $1
28,140
18,700
7,470
1,400
41,970
0
12,770
0
4,040
131,234
5,290
0
3,250
0
910
5,028
500
402
5,380
1,400
0
0
0
0
0
0
0
0
0
0
20
19
1,810
4,630
1,950
2,909
550
448
11,680
17,066
2,080
5,431
70
109
0
0
1,110
2,425
16,880
49,743
$1 under $10,000
105,160
85,100
12,260
6,550
111,590
523,912
105,140
543,796
73,400
416,805
13,740
29,730
1,760
0
1,160
3,519
1,230
779
16,280
3,861
990
23,947
270
1,350
570
417
210
37
0
0
40
17
10,750
7,370
28,190
30,157
5,200
4,363
28,850
44,817
13,220
8,093
0
0
0
0
6,160
2,937
80,700
108,143
$10,000 under $25,000
157,400
108,700
26,250
20,260
225,580
2,740,317
157,400
2,784,658
124,080
2,002,794
22,170
158,505
4,020
1,995
2,530
7,350
4,640
2,606
30,470
7,469
2,310
59,418
740
2,475
1,310
1,155
9,460
6,310
1,220
356
10,240
3,653
18,570
30,105
42,990
121,931
9,870
8,249
36,260
56,830
90,380
76,182
20
14
0
0
15,790
14,909
134,000
322,238
$25,000 under $50,000
212,060
111,640
62,450
34,260
393,030
7,721,879
212,060
7,813,733
180,470
6,028,602
27,590
269,243
7,820
62,424
3,970
14,900
15,080
8,646
50,810
12,846
5,920
148,432
3,450
9,450
2,150
2,620
26,480
42,330
5,580
2,928
60,140
80,295
21,520
54,319
49,350
118,828
7,870
6,712
30,810
44,767
166,390
376,785
20
24
0
0
35,970
47,578
174,260
478,304
$50,000 under $75,000
127,600
43,470
70,220
12,140
297,040
7,860,648
127,600
7,956,693
106,720
5,843,163
21,270
233,562
8,310
114,024
3,620
17,744
14,090
9,657
42,150
11,146
9,230
229,784
7,230
24,664
1,820
2,843
23,510
64,026
4,690
2,414
47,790
128,972
15,900
47,620
3,980
2,327
4,380
3,791
18,150
25,650
112,450
502,494
20
23
0
0
32,290
66,363
94,870
268,120
$75,000 under $100,000
83,680
15,740
63,050
4,140
221,960
7,249,231
83,680
7,330,790
70,120
5,237,936
15,570
181,821
7,730
147,040
2,860
16,838
10,220
7,462
33,140
8,913
9,290
251,889
7,920
35,314
1,260
2,546
18,730
67,484
4,920
2,776
35,140
120,817
11,300
37,592
0
0
3,230
2,805
12,390
15,953
79,580
540,585
50
33
0
0
25,120
67,150
58,320
189,166
$100,000 under $200,000
115,640
12,780
99,190
3,030
326,530
15,515,011
115,640
15,709,316
97,810
10,793,799
24,440
410,688
17,710
643,627
6,320
49,914
14,180
11,218
48,690
13,106
25,180
809,165
23,150
172,928
1,900
5,093
34,870
220,394
7,900
4,443
51,950
186,381
17,790
82,470
0
0
5,680
5,153
20,170
31,937
114,510
1,638,303
570
287
190
103
47,550
225,180
67,820
289,409
$200,000 under $500,000
31,290
2,990
27,580
610
90,660
8,966,047
31,290
9,118,877
26,490
5,017,313
7,630
311,226
11,890
1,346,949
4,620
51,542
0
0
11,170
3,056
13,730
578,100
12,700
210,760
980
3,208
16,520
300,504
1,710
945
13,480
48,940
6,650
53,077
0
0
0
0
380
237
31,260
1,458,128
10,080
7,401
15,420
20,402
18,160
291,529
13,010
145,717
$500,000 under $1,000,000
5,000
510
4,370
80
14,720
3,365,095
5,000
3,419,536
4,040
1,340,764
1,310
99,781
3,190
946,254
1,300
17,248
0
0
1,340
379
2,990
193,306
2,760
117,939
220
745
3,260
138,476
210
124
110
207
1,460
17,429
0
0
0
0
0
0
5,000
758,966
2,480
7,359
4,330
23,749
3,130
195,318
1,840
64,827
$1,000,000 or more
2,570
310
2,200
40
7,080
8,928,115
2,570
8,962,970
2,070
1,302,546
710
78,545
2,050
3,246,220
810
11,158
0
0
500
139
1,820
534,894
1,680
312,420
130
374
1,920
452,306
50
32
0
0
830
13,673
0
0
0
0
0
0
2,570
2,151,215
1,170
9,828
2,320
98,174
1,410
442,479
1,150
234,361
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