2005 Idaho Code - 63-3029P — PRIORITY OF CREDITS

                                  TITLE  63
                             REVENUE AND TAXATION
                                  CHAPTER 30
                                  INCOME TAX
    63-3029P.  PRIORITY OF CREDITS. When a taxpayer subject to any taxes
imposed under this chapter is entitled to two (2) or more credits against such
taxes, the priority of credits shall be determined in the following order:
    (a)  Nonrefundable credits. Nonrefundable credits shall be applied to the
tax liability before application of refundable credits. If a taxpayer is
entitled to more than one (1) nonrefundable credit, the credits shall be
applied in the order in which the statutes authorizing the credits were
enacted by the legislature.
    (b)  Refundable credits. Refundable credits shall be applied to the tax
liability after application of any nonrefundable credits.