Idaho Idaho Kilowatt-Hour License Tax Statement For Co-Generator (Monthly)

Idaho Kilowatt-Hour License Tax Statement For Co-Generator (Monthly)
Form 48-CM, Kilowatt Hour (KWH) License Tax Statement for Cogenerator (Monthly)
Form 48-CM
Kilowatt Hour (KWH) License
Tax Statement for Cogenerator (Monthly)
Tax on hydroelectric energy generated in Idaho for barter, sale, or exchange
for the month ending
(Month)
Name of producer

(Year)
Social Security number or EIN

Producer’s current mailing address
City

State

ZIP Code

Energy sold to
If the producer has more than one hydroelectric power plant, use the schedule on page 2.
Project name and location of hydroelectric power plant
1. KWH generated .............................................................................................................. 1
2. KWH used and/or transformer loss ................................................................................ 2
3. Net KWH sold. Line 1 minus line 2. (Can’t be less than zero.) ...................................... 3
4. Enter the amount from page 2, line 25 ...........................................................................

4

5. Net taxable KWH for the month. Add lines 3 and 4 ........................................................

5

6. Tax due. Multiply line 5 by 1/2 mil (.0005) ......................................................................

6

7. Interest from due date ....................................................................................................

7

8. Penalty ............................................................................................................................

8

9. Total due. Add lines 6, 7, and 8 ......................................................................................

9

Signature and Verification
Under penalties of perjury, I declare that to the best of my knowledge and belief this return is true, correct, and
complete.

Sign
Here

Signature of officer/owner

Date

Title

Phone number

Paid preparer’s signature
Address

Preparer’s EIN, SSN or PTIN
Phone number

If your previous year’s annual tax liability was more than $15,000, you must file monthly on this form. If your
previous year’s annual tax liability was equal to or less than $15,000, you must file quarterly on Form 48-C.
File this statement with the Idaho State Tax Commission on or before the last day of the month following the end of
the reporting month. Enclose your payment.
Mail to: Idaho State Tax Commission, PO Box 36, Boise, ID 83722-0410

EFO00161

07-01-2024

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Form 48-CM

(continued)

Project name and location of hydroelectric power plant
10. KWH generated .............................................................................................................. 10
11. KWH used and/or transformer loss ................................................................................ 11
12. Net KWH sold. Line 10 minus line 11. (Can’t be less than zero.) ................................... 12
Project name and location of hydroelectric power plant
13. KWH generated .............................................................................................................. 13
14. KWH used and/or transformer loss ................................................................................ 14
15. Net KWH sold. Line 13 minus line 14. (Can’t be less than zero.) ................................... 15
Project name and location of hydroelectric power plant
16. KWH generated .............................................................................................................. 16
17. KWH used and/or transformer loss ................................................................................ 17
18. Net KWH sold. Line 16 minus line 17. (Can’t be less than zero.) ................................... 18
Project name and location of hydroelectric power plant
19. KWH generated .............................................................................................................. 19
20. KWH used and/or transformer loss ................................................................................ 20
21. Net KWH sold. Line 19 minus line 20. (Can’t be less than zero.) ................................... 21
Project name and location of hydroelectric power plant
22. KWH generated .............................................................................................................. 22
23. KWH used and/or transformer loss ................................................................................ 23
24. Net KWH sold. Line 22 minus line 23. (Can’t be less than zero.) ................................... 24

25. Total of lines 12, 15, 18, 21, and 24. Enter this amount on page 1, line 4 ...................... 25

EFO00161

07-01-2024

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