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Form ID K-1 - Page 3

EFO00201p5

07-31-12v4

Line 2 Contributions to Idaho Youth and Rehabilitation

Line 7 Interest and Other Expenses Related to Lines 3, 5,

and 6

Facilities

On lines 7a through 7c, enter the PTO’s distributive share of

Enter the PTO’s distributive share of the total amount of

interest and other expenses related to the income reported on

qualifying contributions to Idaho youth and rehabilitation facilities.

lines 3, 5, and 6.

PART D IDAHO CREDITS AND CREDIT RECAPTURE

Line 8 Bonus Depreciation Deduction

For lines 1 through 16, enter the PTO’s distributive share of

For assets acquired prior to 2008 or after 2009 for which you

Idaho credits and Idaho credit recapture.

claimed bonus depreciation, enter the PTO’s distributive share of

the differences between the federal and Idaho depreciation and

For credits, this is the PTO’s distributive share of the total of:

gains and losses on these assets reported on Form 65, line 30,

● The amount of credit earned by the PTE, and

Form 41S, line 32, or Form 66, Schedule B, line 9.

● The amount of any pass-through credit flowing into the PTE

for the tax year

Line 9 Idaho Capital Gain (Loss) Eligible for the Idaho

Capital Gains Deduction

For PTOs other than C corporations, enter the PTO’s distributive

For recapture, this is the PTO’s distributive share of the total of:

share of gain or loss on the sale of Idaho qualified property. If

the PTO is a C corporation, leave this line blank.

● The amount of credit recaptured by the PTE, and

● The amount of any pass-through credit recapture flowing into

the PTE for the tax year

Include a schedule or use Part E to identify the type of property

sold, the date of sale, and the holding period of the property.

PART E SUPPLEMENTAL INFORMATION

Line10 Idaho Technological Equipment Donation

List in Part E any supplemental information required or needed

If the PTO is a trust or an estate, skip line 9. Partnerships and S

by the PTO to complete his Idaho return that isn’t entered

elsewhere on Form ID K-1. If there isn’t enough space provided

corporations enter the PTO’s distributive share of technological

equipment donation reported on Form 65, line 26 and Form 41S,

in Part E to report the information, include additional schedules

as needed.

line 28.

Line 11 Other Idaho Subtractions

Recapture of Credits

If you reported recapture of credits in Part D, identify the year

Enter the PTO’s distributive share of any other Idaho

subtractions not included on lines 5 through 9 above. Include a

that the credit was originally earned for each amount recaptured

schedule or use Part E to identify the subtractions.

or include a copy of the applicable recapture form reporting this

information.

PART C IDAHO CONTRIBUTIONS

Report all amounts at the PTO's distributive share before

Credit for Taxes Paid To Another State

applying the Idaho apportionment factor.

Provide information necessary for the computation of the

credit for taxes paid to another state. This information must be

Line 1 Contributions to Idaho Educational Entities

provided on a state-by-state basis. Include the PTO’s share

Enter the PTO’s distributive share of the total amount of

of the amount of tax paid to the other state by the PTE and the

qualifying contributions to Idaho educational entities.

PTO’s share of the income reported to the other state.

Form Id K-1 Draft - Partner'S, Shareholder'S, Or Beneficiary'S Share Of Idaho Adjustments, Credits, Etc. - 2012 Page 5

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