Instructions For Form 967 - Idaho Annual Withholding Report printable pdf download

EIN00041

IDAHO ANNUAL WITHHOLDING REPORT INSTRUCTIONS

11-17-14

If you file your 1099s and other information returns through

GENERAL INFORMATION FOR FORM 967

the Federal/State Combined Filing Program, don't file them

Use Form 967 – Idaho Annual Withholding Report – to report the

electronically through our website and don't submit paper copies

total taxable wages and reconcile the total amount of Idaho

with your Form 967.

taxes you withheld during the calendar year to the amount you

paid to the Idaho State Tax Commission for the same calendar

Rounding Amounts. Round the amounts on your return to the

year. Also use Form 967 to submit the state copy of the Forms

whole dollar. Reduce amounts less than 50 cents to the whole

W-2 – Wage and Tax Statements – and any Forms 1099 with

dollar. Increase amounts of 50 cents or more to the next whole

Idaho income tax withheld to the Tax Commission.

dollar.

Records and Forms Needed to Complete the Reconciliation

Who Must File. If you had an active Idaho withholding account

for any part of the year or withheld Idaho income taxes during

Process:

the year, you must file Form 967. You must file Form 967 even

• Payroll records

• Completed W-2 forms and any 1099s with Idaho income

if you withheld no income tax from employees' wages or if you

cancelled your account during the year.

tax withheld

•

Record of Idaho Withholding Payments

• Form 967, Idaho Annual Withholding Report

When to File Form 967. Form 967 and W-2s and/or 1099s are

due on or before the last day of February, whether you're filing

electronically or by paper.

Required Information for State W-2s and 1099s:

•

Employer's name and address

Ways to File. You can file electronically at tax.idaho.gov/efile,

• Employer's EIN (federal Employer Identification Number

or send the signed and completed Form 967 with W-2s and/or

assigned to you by the IRS)

• Employer's Idaho withholding account number from the

1099s to:

Idaho State Tax Commission

top of Form 967 (don't include the "-W" at the end of the

PO Box 76

number)

• Employee's name and address

Boise, ID 83707-0076

• Employee's Social Security number

• State abbreviation (ID)

Online

You can file the following online through our website at

• Federal and state taxable wages

tax.idaho.gov/efile:

• Idaho income tax withheld

•

Tax year

W-2s with Form 967. You can file your W-2s electronically

by either entering the W-2 detail online or uploading a file.

All copies of W-2 forms and 1099s must be legible and

If you choose a file upload, the specifications are available

unaltered.

at tax.idaho.gov (click on Tax Preparers under Tax Pros).

Idaho requires electronic filing of W-2 forms for employers

INSTRUCTIONS FOR COMPLETING FORM 967

who meet the Internal Revenue Service (IRS) requirements

to file electronically. If employers meet the IRS

Wages and Withholding

requirements but have fewer than 50 employees working in

Complete the Record of Idaho Withholding Payments Worksheet

Idaho, the state will accept either paper or electronic filing.

before completing Form 967. You don't need to mail it to the

If you meet these requirements but don't file electronically,

Tax Commission. You can find the worksheet at tax.idaho.gov

we may return your W-2 statements to you and charge a

(click on Withholding under Forms/Pubs).

penalty.

Line 1. Enter the total Idaho taxable wages shown on the W-2s.

1099s and information returns. You can file your 1099s

and information returns electronically by uploading a file. If

Line 2. Enter the total Idaho tax withheld included on your W-2s

you withheld Idaho income tax, you must include

(Box 17) and 1099s (Box 16).

Form 967 with your file.

Line 3. For all filers. Enter the total of Idaho income tax

If you e-file, don't send paper returns, W-2s, or 1099s.

withholding payments you made during the calendar year.

Paper

Line 4. Subtract line 3 from line 2. This is your remaining tax

When you file your Form 967 by paper, you must attach paper

due (or overpayment).

W-2s and any 1099s with Idaho income tax withheld to the form.

Please make sure all copies of employees' W-2s and 1099s are

If line 2 is larger than line 3, you have underpaid your Idaho

legible, especially any carbon copies.

withholding and will owe additional tax. If line 3 is larger

than line 2, you have overpaid your withholding and may be

Combined Federal/State Filing Program for 1099s and

entitled to a refund.

Information Returns

Idaho participates in and encourages the 1099 Combined

Federal/State Filing Program. If your information returns have

Idaho income tax withheld, you must complete Form 967. Check

the combined federal/state filing box on line 9, and send the form

to the Tax Commission by the last day of February.

Instructions For Form 967 - Idaho Annual Withholding Report

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