What is Idahos individual income tax rate?
For tax year 2008, the individual income tax is graduated from 1.6% to 7.8%. The tax rate is applied to the “Idaho taxable income.” The tax brackets are adjusted annually based on the consumer price index. The 2008 Tax Tables show the amount of tax due on Idaho taxable incomes that are less than $100,000. For taxable incomes of $100,000 or more use the Tax Rate Schedule found on the last page of the 2008 Tax Tables. You can find additional Information on the tax rates in Idaho Code Section 63-3024. Contact us if you need more information.
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