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Idaho Idaho Kilowatt-Hour (KWH) License Tax Statement For Co-Generator
Extracted from PDF file 2023-idaho-form-48-c.pdf, last modified September 2023Idaho Kilowatt-Hour (KWH) License Tax Statement For Co-Generator
Form 48-C Kilowatt Hour (KWH) License Tax Statement for Cogenerator (Quarterly) Tax on hydroelectric energy generated in Idaho for barter, sale, or exchange For the quarter ending (Month) Name of producer (Year) Social Security number or EIN Producer’s current mailing address City State ZIP Code Energy sold to If the producer has more than one hydroelectric power plant, use the schedule on page 2. Project name and location of hydroelectric power plant 1. Month of generation .................................... 1 2. KWH generated ........................................... 2 3. KWH used and/or transformer loss ............. 3 4. Net KWH sold. Line 2 minus line 3. (Can’t be less than zero.) ............................ 4 5. Net taxable KWH for the quarter. Total of amounts on line 4 for the three months ........ 5 6. Enter the amount from page 2, line 32 ........................................................................... 6 7. Net taxable KWH for quarter. Add lines 5 and 6 ............................................................. 7 8. Tax due. Multiply line 7 by 1/2 mil (.0005) ...................................................................... 8 9. Interest from due date .................................................................................................... 9 10. Penalty ............................................................................................................................ 10 11. Total due. Add lines 8, 9 and 10 ..................................................................................... 11 Signature and Verification Under penalties of perjury, I declare that to the best of my knowledge and belief this return is true, correct and complete. Sign Here Signature of officer/owner Date Title Phone number Paid preparer’s signature Address Preparer’s EIN, SSN or PTIN Phone number If your previous year’s annual tax liability was equal to or less than $15,000, you must file quarterly on this form. If your previous year’s annual tax liability was more than $15,000, you must file monthly on Form 48-CM. File this statement with the Idaho State Tax Commission on or before the last day of the month following the end of the reporting quarter. Enclose your payment. Mail to: Idaho State Tax Commission, PO Box 36, Boise, ID 83722-0410 EFO00160 09-05-2023 Page 1 of 2 Form 48-C (continued) Project name and location of hydroelectric power plant 12. Month of generation .................................... 12 13. KWH generated ........................................... 13 14. KWH used and/or transformer loss ............. 14 15. Net KWH sold. Line 13 minus line 14. (Can’t be less than zero.) ............................ 15 16. Net taxable KWH for the quarter. Total of amounts on line 15 for the three months ...... 16 Project name and location of hydroelectric power plant 17. Month of generation .................................... 17 18. KWH generated ........................................... 18 19. KWH used and/or transformer loss ............. 19 20. Net KWH sold. Line 18 minus line 19. (Can’t be less than zero.) ............................ 20 21. Net taxable KWH for the quarter. Total of amounts on line 20 for the three months ...... 21 Project name and location of hydroelectric power plant 22. Month of generation .................................... 22 23. KWH generated ........................................... 23 24. KWH used and/or transformer loss ............. 24 25. Net KWH sold. Line 23 minus line 24. (Can’t be less than zero.) ............................ 25 26. Net taxable KWH for the quarter. Total of amounts on line 25 for the three months ...... 26 Project name and location of hydroelectric power plant 27. Month of generation .................................... 27 28. KWH generated ........................................... 28 29. KWH used and/or transformer loss ............. 29 30. Net KWH sold. Line 28 minus line 29. (Can’t be less than zero.) ............................ 30 31. Net taxable KWH for the quarter. Total of amounts on line 30 for the three months ...... 31 32. Total of lines 16, 21, 26 and 31. Enter this amount on page 1, line 6 ............................. 32 EFO00160 09-05-2023 Page 2 of 2
Form 48-C, Kilowatt Hour (KWH) License Tax Statement for Cogenerator (Quarterly) 2023
More about the Idaho FORM 48-C Corporate Income Tax TY 2023
We last updated the Idaho Kilowatt-Hour (KWH) License Tax Statement For Co-Generator in February 2024, so this is the latest version of FORM 48-C, fully updated for tax year 2023. You can download or print current or past-year PDFs of FORM 48-C directly from TaxFormFinder. You can print other Idaho tax forms here.
Related Idaho Corporate Income Tax Forms:
TaxFormFinder has an additional 65 Idaho income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Idaho FORM 48-C.
| Form Code | Form Name |
|---|---|
| FORM 48-CM | Idaho Kilowatt-Hour License Tax Statement For Co-Generator (Monthly) |
View all 66 Idaho Income Tax Forms
Form Sources:
Idaho usually releases forms for the current tax year between January and April. We last updated Idaho FORM 48-C from the State Tax Commission in February 2024.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Idaho FORM 48-C
We have a total of eleven past-year versions of FORM 48-C in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2023 FORM 48-C
Form 48-C, Kilowatt Hour (KWH) License Tax Statement for Cogenerator (Quarterly) 2023
2022 FORM 48-C
Form 48-C, Kilowatt Hour (KWH) License Tax Statement for Cogenerator (Quarterly)
2021 FORM 48-C
Form 48-C, Kilowatt Hour (KWH) License Tax Statement for Cogenerator (Quarterly)
2020 FORM 48-C
Form 48, Kilowatt Hour (KWH) License Tax Statement
2019 FORM 48-C
Form 48-C, Kilowatt Hour (KWH) License Tax Statement for Cogenerator (Quarterly)
2018 FORM 48-C
Form 48-C, Kilowatt Hour (KWH) License Tax Statement for Co-generator
2014 FORM 48-C
Form 48-C
2013 FORM 48-C
Form 48-C
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