Loss Recoveries (Rule 195)

IDAHO ADMINISTRATIVE CODE IDAPA 35.01.01 Idaho State Tax Commission Income Tax Administrative Rules Section 200 Page 27 Section 63-3022R, Idaho Code No deduction is allowed for recovery of an amount not included in federal taxable income of the current year. No deduction is allowed to the extent the loss recovered previously reduced Idaho taxable income. Examples available at Income Tax Rules Examples. (4-6-23) 196. -- 199. (RESERVED)