Get Form ST-133CATS, Sales Tax Exemption Certificate Capital ...

Tax Exempt Items Food for human consumption. Manufacturing machinery. Raw materials for manufacturing. Utilities and fuel used in manufacturing. Medical devices and services.

Purchases made for resale are not taxed In Idaho, purchases of tangible personal property for purposes of resale are not subject to tax.

If you have a valid Certificate of Authority, you may use Form ST-121 to purchase, rent, or lease tangible personal property or services exempt from tax to the extent indicated in these instructions. Complete all required entries on the form and give it to the seller.

Use Form TCR to claim a refund of Idaho sales or use tax. Enter your federal Employer Identification Number (EIN) if you're a sole proprietor (with employees), partnership, limited liability company, S-corporation, or corporation.

Don't file a tax return on time. The penalty is 5% of the tax due for each month the return is late, to a maximum of 25%.

Idaho taxes groceries at the full 6% state sales tax rate. However, the state offers a grocery tax credit. The refund is $100 ($120 for residents 65 or older) for most Idaho residents, ing to the Idaho State Tax Commission. Idahoans may also receive a credit for each qualifying dependent.

Some goods are exempt from sales tax under Idaho law. Examples include computer software, prescription medications, and qualified purchases made with food stamps.

A sales tax exemption certificate allows a buyer to make tax-free purchases. The purchaser must provide the seller with a completed exemption certificate. Items covered by the exemption certificate are then exempt from sales and use tax. The seller keeps the exemption certificate.