Form 402 - Idaho Individual Apportionment For Multistate Businesses Page 3
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3Form 402 - Page 2
EFO00170-3
08-01-09
Modified Factors for Certain Industries
The property factor denominator includes the average value of
Idaho has adopted the Multistate Tax Commission (MTC)
the taxpayer's cost of construction in progress (including materials
regulations for the following special industries. Examples of the
and labor) to the extent the costs exceed progress billings. The
computations of these factors are found in the applicable MTC
portion of this amount attributable to construction projects in
regulations. You can find them under Laws and Rules at tax.
Idaho is included in the Idaho numerator. Do not include any
idaho.gov.
value in the property factors for your equity in the projects if
progress billings exceed construction costs.
Carriers of Freight and Passengers
If you are in the business of transporting passengers, freight or
The sales factor includes only the portion of the gross contract
mail by motor carrier, your apportionment factor should reflect
price which corresponds to the percentage of the entire contract
which was completed at the end of the tax year. For example,
the movement of your transportation equipment and personnel.
if the project was 30% complete at the end of the tax year, 30%
This is done by including the transportation revenue, property and
payroll in the Idaho numerators based on the percentage of miles
of the bid price should be included in the gross receipts. Gross
traveled in Idaho to miles traveled everywhere.
receipts from a construction project are attributable to Idaho
if the construction is located in Idaho. Gross receipts from a
Other revenue, fixed property, and compensation of employees
construction project located partially in Idaho are included in the
assigned to fixed locations are included in the factors based on
numerator based on ratio of construction costs for the project in
Idaho for the tax year to the total of construction costs for that
the general apportionment rules.
project for the tax year.
Contractors
Compensation paid for work on a particular construction project is
You must use the same long-term contract accounting method
for Idaho reporting purposes that you used for federal reporting
included in the payroll factor even though capitalized into the cost
purposes.
of construction. Compensation is attributable to the state where
most of the employee's service is performed, regardless of where
reported for unemployment tax purposes.
If the percentage of completion method is used, the following
special rules apply in addition to the general property, payroll,
and sales factor rules.
SPECIFIC INSTRUCTIONS
Instructions are for lines not fully explained on the form.
Line 28. For all taxpayers other than electrical and telephone
Property
Line 8. Enter the cost of property or equipment under
utilities, multiply the amount on line 27 by 2. This is your double-
construction if included in the totals on the lines above. Do not
weighted sales factor.
include inventoriable goods in process.
Payroll
Line 10. To compute total average owned property, add
Line 35. Divide Idaho wages and salaries, line 34, by total wages
beginning and end of the year amounts from the total columns
and salaries, line 33. Compute the percentage to four decimal
on line 9, and divide by two. To compute Idaho average owned
places.
property, add beginning and end of the year amounts from the
Idaho columns on line 9, and divide by two.
Total Percentage
Line 36. For all taxpayers other than electrical and telephone
Line 11. Multiply your total and Idaho net annual rents by 8, and
utilities, add the percentages on lines 14, 28, and 35. For
enter here.
electrical and telephone utilities, add the percentages on lines 14,
27, and 35.
Line 14. Divide Idaho owned and rented property, line 13, by total
owned and rented property, line 12. Compute the percentage to
Idaho Apportionment Factor
four decimal places.
Line 37.
• For all taxpayers other than electrical and telephone utilities,
Sales
divide the total percentage on line 36 by 4.
• For electrical and telephone utilities, divide the total percent-
Lines 16a and b. Enter the amounts from line 15 that were
delivered or shipped to Idaho purchasers.
age on line 36 by 3.
• If any of the factors do not apply to your business, divide the
total on line 36 by the number of factors used. For example,
Lines 17a and b. Enter the amounts from line 15 that were
throwback sales to Idaho. A sale made in a state that has no
if your business has no employees anywhere, your factor is
jurisdiction to tax the seller is a throwback sale.
reduced by one.
Line 27. Divide Idaho gross receipts, line 26, by total gross
Multiply the apportionment factor by the net income/loss of multi-
receipts, line 25. Compute the percentage to four decimal places.
state activities reported on your Schedule C, E and F. Enter the
resulting amount on the applicable lines of Idaho Form 43.
Electrical and telephone utilities. This is your single-weighted
sales factor. Go to line 29.
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