Idaho § 63-3046B - Failure to file partnership return
Full text of Idaho Idaho Statutes § 63-3046B — Failure to file partnership return, with citation guidance and answers to common questions.
§ 63-3046B. Failure to file partnership return
(a) Penalty. In addition to the penalty imposed by section 63-3075 , Idaho Code, if any partnership required to file a return under section 63-3030 , Idaho Code, for any taxable year:
(1) Fails to file such return at the time prescribed therefor by section 63-3030 , Idaho Code, (determined with regard to any extension of time for filing); or
(2) Files a return which fails to show the information required under section 63-3030 , Idaho Code, such partnership shall be liable for a penalty determined under subsection (b) of this section for each month (or fraction thereof) during which such failure continues (but not to exceed five (5) months), unless it is shown that such failure is due to reasonable cause.
(b) Amount per month. For purposes of subsection (a) of this section, the amount determined under this subsection for any month is the product of:
(1) Ten dollars ($10.00), multiplied by
(2) the number of persons who are partners in the partnership during any part of the taxable year, except that in the case of partnerships with no business activity in Idaho during the taxable year but with partners who are Idaho residents, multiply the amount in subsection (b)(1) of this section by the number of partners who are either Idaho residents or are persons other than individuals who are transacting business in Idaho.
(c) Assessment of penalty. The penalty imposed in subsection (a) of this section shall be assessed against the partnership.
[63-3046B, added 1989, ch. 182, sec. 1, p. 457; am. 1994, ch. 39, sec. 5, p. 65; am. 1995, ch. 111, sec. 33, p. 378.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 63-3046B
What does Idaho Statutes § 63-3046B cover?
Section 63-3046B ("Failure to file partnership return") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 63-3046B?
A common citation format is "Idaho Statutes § 63-3046B" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 63-3046B apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.