Capital Gains - Idaho State Tax Commission
https://tax.idaho.gov/i-1100.cfm
Idaho allows a deduction of up to 60% of the capital gain net income from the sale or exchange of qualifying Idaho property. For tax year 2001 only, the deduction was increased to 80% of the qualifying capital gain net income. You must complete Form CGto compute your Idaho capital gains deduction. Gains from the sale of the following Idaho property qualify for the capital gains deduction: 1. Real property. The property must be held for at least 12 months and sold on or after January 1, 2005. Real property sold before January 1, 2005, must have been held for at least 18 months. For pur…
Idaho allows a deduction of up to 60% of the capital gain net income from the sale or exchange of qualifying Idaho property. For tax year 2001 only, the deduction was increased to 80% of the qualifying capital gain net income. You must complete Form CGto compute your Idaho capital gains deduction.
Gains from the sale of the following Idaho property qualify for the capital gains deduction: 1. Real property. The property must be held for at least 12 months and sold on or after January 1, 2005. Real property sold before January 1, 2005, must have been held for at least 18 months. For pur…
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