IDAPA 35.01.01.825 — CORPORATE ESTIMATED PAYMENTS: INTEREST ON UNDERPAYMENT (RULE 825)

Section 63-3046A, Idaho Code
01.
In General. If a taxpayer is required to pay estimated taxes as provided in Section 63-3036A,
Idaho Code, and fails to pay the amount of estimated taxes due, interest is due on the underpaid estimated taxes.
(4-6-23)
02.
Net Operating Loss and Capital Loss Carrybacks. If the tax due for the taxable year is reduced
after the application of a net operating loss carryback or a capital loss carryback, the interest on underpayment of
estimated tax will not be recomputed.
(4-6-23)