The sales tax in Boise, the state capital of Idaho, is 6%. There is no additional sales tax in Boise; this is the total combined rate of the 6% state sales tax. Except for food, prescription medications, and some medical devices, the majority of products are subject to sales tax. The sales tax does apply to prepared items, such as the meals and snacks you get at restaurants.
Let’s move on to the questions that are connected now. First, is Idaho’s sales tax applicable to Oregon residents? Yes, it is the answer. though you make a purchase in Idaho, even though you don’t live there, you will be charged sales tax. This includes people from Oregon who go shopping in Idaho. If you live in Oregon and buy a taxable item in Idaho, you will not be required to pay Oregon sales tax because Oregon does not have a sales tax.
Second, in Idaho, are gun safes tax-free? No, is the response. Groceries, prescription medications, and other medical gadgets are exempt from sales tax in Idaho, but gun safes are not. You will be charged 6% sales tax if you buy a gun safe in Idaho.
Third, do you pay Idaho sales tax on a home? No, is the response. The purchase of a home is one of many real estate transactions in Idaho that are exempt from the sales tax. In Idaho, however, real estate is subject to property taxes, the amount of which is determined by the property’s worth.
And who is responsible for collecting Idaho’s sales tax? In Idaho, sales tax is gathered by the Idaho State Tax Commission. Businesses in the state that sell taxable goods are expected to regularly collect and remit sales tax to the government. Penalties and interest charges may be assessed for failure to comply.
In conclusion, the Boise, Idaho sales tax is 6%. Gun safes are not tax-free, real estate transactions are not subject to the sales tax, and the Idaho State Tax Commission is responsible for collecting the sales tax from Oregon residents who make purchases in Idaho.
On your federal income tax return in Idaho, you can opt to deduct either your state income tax or your state sales tax, but not both. Depending on your region, income, and the total amount of sales tax you paid over the course of the year, you can use the IRS’s Sales Tax Deduction Calculator to estimate how much of your state sales tax you can deduct.
If you have earned income in Idaho, bought taxable products or services there, received rental income from property there, or have any other taxable ties to the state of Idaho, you can owe Idaho state taxes. State operations and services are paid for by Idaho’s state taxes. You should speak with a tax expert or get in touch with the Idaho State Tax Commission if you need more detailed information on why you owe Idaho state taxes.