Idaho Sales Tax 2020: Everything You Need to Know

What is the sales tax in Idaho 2020?
6% The current Idaho sales tax rate is 6%. The use tax rate is the same as the sales tax rate.
Read more on tax.idaho.gov

One of the few states in the union without a sales tax on groceries is Idaho. This means that you won’t be charged sales tax when you buy food items like meat, vegetables, milk, and bread. It’s crucial to remember that this exception only covers foods intended for consumption at home. Sales tax applies to prepared goods, including those bought at restaurants and fast food outlets.

While there is no sales tax on groceries in Idaho, there is a sales tax on other products and services. The usage tax and the state’s sales tax in Idaho both have a 6% rate. The majority of products and services sold within the state, such as apparel, electronics, and automobiles, are subject to this tax. In addition to the state’s 6% tax rate, certain counties and localities in Idaho also impose their own local sales taxes.

Idaho does not have a state-level property tax, so residents are exempt from paying sales tax on their homes. Property owners in Idaho must still pay their respective counties’ property taxes, though. These taxes go toward paying for local government expenses including roads, schools, and public safety.

Overall, compared to other states in the nation, Idaho is regarded as having comparatively low taxes. Although there is a sales tax in the state, it is not very high, and inhabitants profit greatly from the exemption on groceries. Additionally, Idaho does not impose a state income tax, which contributes to the state’s relatively light taxation of its citizens.

In conclusion, groceries are free from sales tax in Idaho, where the rate is 6%. In Idaho, homeowners are exempt from paying sales tax on their homes, but they are still liable for paying their counties’ property taxes. With no state income tax and a comparatively low sales tax, Idaho is regarded as a low-tax state.

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