In the state of Idaho, there is a sales tax on goods and services, and the rate varies by county. In Idaho, there are several things that are not subject to sales tax. The things that are exempt from tax in Idaho will be covered in this article, along with some details on ST101.
Groceries, prescription drugs, and medical equipment are just a few of the things that are excluded from sales tax in Idaho. Food and drink that are meant for human consumption are referred to as groceries. Examples include fruits, vegetables, meat, dairy products, and non-alcoholic beverages. Drugs that are prescribed by a qualified healthcare professional for the treatment of a particular medical condition are known as prescription drugs. Medical equipment includes things like wheelchairs, crutches, and hearing aids that are used to help people with everyday life activities.
Prescription eyewear is another thing that is free from sales tax in Idaho. This includes eyewear that has been prescribed by a qualified eye care professional, such as glasses, contacts, and other eyewear. Additionally, Idaho does not impose sales taxes on agricultural supplies including seeds, fertilizer, and insecticides.
Retailers in Idaho utilize the ST101 form to declare some items exempt from paying sales tax. This form is used to record sales that are exempt from paying sales tax to governmental entities, educational institutions, and other organizations. The Idaho State Tax Commission may request a copy of the ST101 form, which retailers are required to have on file for at least three years.
As a result, a number of things are exempt from sales tax in Idaho, including food, prescription medications, medical devices, prescription eyewear, and agricultural products. Retailers utilize the ST101 form to request a sales tax exemption for particular items sold to exempt organizations. You can get additional information regarding sales tax exemptions in Idaho by contacting the Idaho State Tax Commission.