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Idaho Idaho Kilowatt-Hour License Tax Statement For Co-Generator (Monthly)
Extracted from PDF file 2023-idaho-form-48-cm.pdf, last modified September 2023Idaho Kilowatt-Hour License Tax Statement For Co-Generator (Monthly)
Form 48-CM Kilowatt Hour (KWH) License Tax Statement for Cogenerator (Monthly) Tax on hydroelectric energy generated in Idaho for barter, sale, or exchange For the month 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. KWH generated .............................................................................................................. 1 2. KWH used and/or transformer loss ................................................................................ 2 3. Net KWH sold. Line 1 minus line 2. (Can’t be less than zero.) ...................................... 3 4. Enter the amount from page 2, line 25 ........................................................................... 4 5. Net taxable KWH for the month. Add lines 3 and 4 ........................................................ 5 6. Tax due. Multiply line 5 by 1/2 mil (.0005) ...................................................................... 6 7. Interest from due date .................................................................................................... 7 8. Penalty ............................................................................................................................ 8 9. Total due. Add lines 6, 7 and 8 ....................................................................................... 9 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 more than $15,000, you must file monthly on this form. If your previous year’s annual tax liability was equal to or less than $15,000, you must file quarterly on Form 48-C. File this statement with the Idaho State Tax Commission on or before the last day of the month following the end of the reporting month. Enclose your payment. Mail to: Idaho State Tax Commission, PO Box 36, Boise, ID 83722-0410 EFO00161 09-05-2023 Page 1 of 2 Form 48-CM (continued) Project name and location of hydroelectric power plant 10. KWH generated .............................................................................................................. 10 11. KWH used and/or transformer loss ................................................................................ 11 12. Net KWH sold. Line 10 minus line 11. (Can’t be less than zero.) ................................... 12 Project name and location of hydroelectric power plant 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 Project name and location of hydroelectric power plant 16. KWH generated .............................................................................................................. 16 17. KWH used and/or transformer loss ................................................................................ 17 18. Net KWH sold. Line 16 minus line 17. (Can’t be less than zero.) ................................... 18 Project name and location of hydroelectric power plant 19. KWH generated .............................................................................................................. 19 20. KWH used and/or transformer loss ................................................................................ 20 21. Net KWH sold. Line 19 minus line 20. (Can’t be less than zero.) ................................... 21 Project name and location of hydroelectric power plant 22. KWH generated .............................................................................................................. 22 23. KWH used and/or transformer loss ................................................................................ 23 24. Net KWH sold. Line 22 minus line 23. (Can’t be less than zero.) ................................... 24 25. Total of lines 12, 15, 18, 21 and 24. Enter this amount on page 1, line 4 ....................... 25 EFO00161 09-05-2023 Page 2 of 2
Form 48-CM, Kilowatt Hour (KWH) License Tax Statement for Cogenerator (Monthly) 2023
More about the Idaho FORM 48-CM Corporate Income Tax TY 2023
We last updated the Idaho Kilowatt-Hour License Tax Statement For Co-Generator (Monthly) in February 2024, so this is the latest version of FORM 48-CM, fully updated for tax year 2023. You can download or print current or past-year PDFs of FORM 48-CM directly from TaxFormFinder. You can print other Idaho tax forms here.
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TaxFormFinder has an additional 65 Idaho income tax forms that you may need, plus all federal income tax forms.
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Form Sources:
Idaho usually releases forms for the current tax year between January and April. We last updated Idaho FORM 48-CM 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-CM
We have a total of ten past-year versions of FORM 48-CM in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2023 FORM 48-CM
Form 48-CM, Kilowatt Hour (KWH) License Tax Statement for Cogenerator (Monthly) 2023
2022 FORM 48-CM
Form 49-CM, Kilowatt Hour (KWH) License Tax Statement for Cogenerator (Monthly)
2021 FORM 48-CM
Form 49-CM, Kilowatt Hour (KWH) License Tax Statement for Cogenerator (Monthly)
2020 FORM 48-CM
Form 49-CM, Kilowatt Hour (KWH) License Tax Statement for Cogenerator (Monthly)
2019 FORM 48-CM
Form 48-CM, Kilowatt Hour (KWH)License Tax Statement of Cogenerator (Monthly)
2012 FORM 48-CM
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