Form Id K-1 - Idaho Partner'S, Shareholder'S, Or Beneficiary'S Share Of Idaho Adjustments, Credits, Etc. - 2014 Page 5

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Form ID K-1 - Page 3
EFO00201p5
08-27-14
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 owner’s distributive share of
Enter the owner’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 17, enter the owner’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 owner’s distributive share
of the differences between the federal and Idaho depreciation
For credits, this is the owner’s distributive share of the total of:
and gains and losses on these assets reported on Form 65, line
● The amount of credit earned by the entity, and
30, Form 41S, line 32, or Form 66, Schedule B, line 9.
● The amount of any pass-through credit flowing into the entity
Line 9 Idaho Capital Gain (Loss) Eligible for the Idaho
for the tax year
Capital Gains Deduction
For owners other than C corporations, enter the owner’s
For recapture, this is the owner’s distributive share of the total of:
distributive share of gain or loss on the sale of Idaho qualified
property. If the owner is a C corporation, leave this line blank.
● The amount of credit recaptured by the entity, and
● The amount of any pass-through credit recapture flowing into
the entity 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 owner is a trust or an estate, skip line 10. Partnerships
by the owner to complete his Idaho return that isn’t entered
elsewhere on Form ID K-1. If there isn’t enough space provided
and S corporations enter the owner’s distributive share of
technological equipment donation reported on Form 65, line 26
in Part E to report the information, include additional schedules
as needed.
and Form 41S, line 28.
Line 11 Other Idaho Subtractions
Recapture of Credits
If you reported recapture of credits in Part D, identify the year
Enter the owner’s distributive share of any other Idaho
subtractions not included on lines 5 through 10 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 owner'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 owner’s share
Enter the owner’s distributive share of the total amount of
of the amount of tax paid to the other state by the entity and the
qualifying contributions to Idaho educational entities.
owner’s share of the income reported to the other state.

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