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Idaho Idaho Kilowatt-Hour License Tax Statement For Co-Generator (Monthly)
Extracted from PDF file 2021-idaho-form-48-cm.pdf, last modified July 2020Idaho Kilowatt-Hour License Tax Statement For Co-Generator (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 Preparer's address Preparer’s EIN, SSN or PTIN Preparer's 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 08-04-2020 Page 1 of 2 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 08-04-2020 Page 2 of 2
Form 49-CM, Kilowatt Hour (KWH) License Tax Statement for Cogenerator (Monthly)
More about the Idaho FORM 48-CM Corporate Income Tax
We last updated the Idaho Kilowatt-Hour License Tax Statement For Co-Generator (Monthly) in March 2022, and the latest form we have available is for tax year 2021. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Idaho State Tax Commission. You can print other Idaho tax forms here.
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TaxFormFinder has an additional 65 Idaho income tax forms that you may need, plus all federal income tax forms.
| Form Code | Form Name |
|---|---|
| FORM 41 | Idaho Corporation Income Tax Return |
| FORM 41ES | Quarterly Estimated Tax/Extension of Time Payment |
| FORM 56 | Idaho Net Operating Loss |
| FORM 41S | Idaho S Corporation Income Tax Return |
| FORM 44 | Business Income Tax Credits and Credit Recapture |
View all 66 Idaho Income Tax Forms
Form Sources:
Idaho usually releases forms for the current tax year between January and April. We last updated Idaho FORM 48-CM from the State Tax Commission in March 2022.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Idaho FORM 48-CM
We have a total of eight past-year versions of FORM 48-CM in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2021 FORM 48-CM
Form 49-CM, Kilowatt Hour (KWH) License Tax Statement for Cogenerator (Monthly)
2020 FORM 48-CM
Form 49-CM, Kilowatt Hour (KWH) License Tax Statement for Cogenerator (Monthly)
2019 FORM 48-CM
Form 48-CM, Kilowatt Hour (KWH)License Tax Statement of Cogenerator (Monthly)
2014 FORM 48-CM
Form 48-CM
2012 FORM 48-CM
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