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House panel advances bill to extend Idaho tax filing deadline, reduce penalties
Summary
The House Revenue and Taxation Committee voted Feb. 24 to send House Bill 92 to the full House with a "do pass" recommendation; the bill would extend Idaho's automatic state tax filing extension from six to seven months, provide a 12‑month extension for certain military taxpayers, eliminate penalties on balances under $50 and reduce interest on late payments from 2% to 1%.
The House Revenue and Taxation Committee voted Feb. 24 to send House Bill 92 to the full House with a "do pass" recommendation, advancing a package of changes that would lengthen Idaho’s automatic tax-filing extension and reduce penalties and interest for late payments.
Representative Jeff Ehlers, R‑Meridian, told the committee that HB 92 "is a taxpayer friendly bill" that, among other provisions, "increases the amount of time from an automatic extension for filing your state taxes, from 6 months to 7 months from the original due date," provides certain military service members a 12‑month automatic extension, eliminates the…
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