Corporate Estimated Payments: Miscellaneous Provisions (Rule 824)

Section 63-3036A, Idaho Code 01. Unitary Groups Filing Group Returns. (4-6-23) a. Each corporation included in a group return that is required to make estimated payments separately computes its estimated tax. (4-6-23) b. Estimated payments is to be made using the name and the federal employer identification number of the corporation whose name will be on the Idaho corporate income tax return. (4-6-23) 02. S Corporations. An S corporation is subject to Section 63-3036A, Idaho Code, limited to its tax on net recognized built-in gains, excess net passive income and from recapture of Idaho income tax credits. (4-6-23) 03. Tax-Exempt Organizations. A tax-exempt organization is subject to Section 63-3036A, Idaho Code, limited to its tax on unrelated business income. (4-6-23)