The Idaho 850 U form is a document used to report and pay the use tax owed on items purchased without sales tax in Idaho. This form is typically utilized when the use tax owed is less than $50, or for individuals making significant one-time purchases, such as jewelry or artwork. Completing this form ensures compliance with state tax regulations and helps keep accurate records of untaxed purchases.
Ready to fill out the form? Click the button below to get started.
OR850-U
Idaho Self-Assessed Use Tax
F
M EFO00143
Worksheet and Return
01-02-09
Use Form 850-U to report and pay the use tax you owe. If you owe less than $50 in use tax, you will generally use this form. However, you may also use this form if you’re an individual (non-business) and you make a one-time large dollar purchase of items such as jewelry, artwork, or an aircraft. You can report single or multiple transactions. If you pay by check, please attach your check to the return.
What is use tax? Use tax is a tax on goods that you put to use or store in Idaho. If you have not paid sales tax on these goods, you owe use tax (unless the items are held for resale or an Idaho exemption applies). If Idaho or another state’s sales tax is added to the purchase price, you do not owe use tax. The use tax rate is the same as the sales tax rate.
For example, if you buy merchandise through the Internet, over the telephone, or from mail-order catalogs, and sales tax is not added to the price, you are responsible for paying the use tax directly to the Idaho State Tax Commission. Also, if you travel outside the state and purchase untaxed merchandise that is brought or shipped to your Idaho home, you owe use tax.
Use the worksheet below to track your untaxed purchases. Keep this worksheet for your records.
Column 1. Enter the date you purchased the untaxed goods. Add the purchase date to the Tax Period ield on the 850-U. If you made multiple purchases, enter the dates of your irst and last purchases.
Column 2. Enter a description of the goods purchased.
Column 3. Enter the purchase price of the goods from Column 2. Total Column 3, and enter amount on Line 1 of 850-U.
Column 4. Multiply the purchase price in Column 3 by the use tax rate* at the time of purchase. Total Column 4, and enter amount on Line 2 of the 850-U.
Use Tax Worksheet
Column 1
Column 2
Column 3
Column 4
Purchase Date
Description of Goods
Purchase Price
Column 3 x rate*
Total Purchases Subject to Use Tax
»
* Rate if purchase date is:
Oct. 1, 2006 or after, the rate is 6% (.06).
Total Use Tax Due »
July 1, 2005 - Sept. 30, 2006, the rate is 5% (.05).
May 1, 2003 - June 30, 2005, the rate is 6% (.06).
April 30, 2003 or before, the rate is 5% (.05).
- - - - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - - - - - - - - - - - - - CUT heRe - - - - - - - - -
- - - -
- - - - - - - - - - - - - - - - - -
OF 850-U
Idaho Self-Assessed Use Tax Return
R EFO00143 (01-02-09)
M
Name
Address
Social Security Number or Federal ID Number
Month
Year
Tax Period
__ __ / __ __ __ __
to __ __ / __ __ __ __
City
State
ZIP
1. Amount Subject To Use Tax
$
2. Use Tax Due (from worksheet)
My check is attached
(
)
Signature
Date
Phone number
Mail to: Idaho State Tax Commission, PO Box 36, Boise ID 83722-0410
The Idaho 850 U form is utilized to report and pay the use tax owed on goods that have been purchased and used in Idaho. This form is generally required when the use tax owed is less than $50, but it can also be used for larger one-time purchases by individuals, such as jewelry or artwork.
Individuals who have made purchases subject to use tax and have not paid sales tax on those goods are required to file this form. This includes purchases made online, through mail-order catalogs, or from other states. If the goods are held for resale or qualify for an exemption, the use tax does not apply.
Use tax is a tax imposed on goods that are stored, used, or consumed in Idaho when sales tax has not been paid. The rate of use tax is equivalent to the sales tax rate. For example, if an individual buys merchandise without sales tax being added to the price, they are responsible for paying the use tax directly to the Idaho State Tax Commission.
To complete the use tax worksheet, follow these steps:
Finally, total the amounts in Column 3 and Column 4, and report these totals on the main form.
The use tax rates vary based on the date of purchase:
After completing the form and ensuring all information is accurate, attach your check if you are paying by that method. Mail the completed form to the Idaho State Tax Commission at the following address: PO Box 36, Boise, ID 83722-0410.
It is advisable to keep a copy of the completed Idaho 850 U form, along with the use tax worksheet, for your records. This documentation may be necessary for future reference or in case of an audit.
Here are six common misconceptions about the Idaho 850 U form:
Understanding these misconceptions can help ensure compliance and avoid unexpected tax liabilities.
Idaho Drivers License - To apply, individuals must provide personal information such as their full name and date of birth.
Itd Forms - Processed requests generally take approximately one week for completion by ITD.
For those seeking guidance, the necessary Motor Vehicle Power of Attorney documentation can facilitate vehicle-related transactions in New Jersey, allowing individuals to manage affairs efficiently when they are unable to be present.
King County Probates - The form serves as a safeguard against claims on the vehicle title.