Section 010. Definitions (Rule 010)

Section 63-3003, Idaho Code 01. Due Date. As used in these rules, due date means the date prescribed for filing without regard t o extensions. (4-6-23) 02. Mathematical Error. A mathematical error includes arithmetic errors and incorrect computations. (4-6-23) 03. Sale. A sale is defined as a transaction in which title passes from the seller to the buyer, or whe n possession and the burdens and benefits of ownership are transferred to the buyer. A sale may have occurred even if the buyer does not have the right to possession until he partially or fully satisfies the terms of the contract. (4-6-23) 04. Tax Home. For income tax purposes, the term tax home refers to the taxpayer’s principal place o f business, employment, station, or post of duty regardless of where he maintains his personal or family residence. A taxpayer domiciled or residing in Idaho with a permanent post of duty in another state is an Idaho resident for Idah o income tax purposes. However, he is not entitled to a deduction for travel expenses incurred in the other state sinc e that is his tax home. (4-6-23) 05. Terms. Terms not otherwise defined in the Idaho Income Tax Act or these rules will have the sam e meaning as is assigned to them by the Internal Revenue Code including Section 7701 relating to definitions of terms. (4-6-23) 06. Wages. The term wages relates to all compensation for services performed for an employe r regardless of the form of payment. (4-6-23) 011. -- 014. (RESERVED)