Idaho Code · Title 33 · Education
Idaho Code § 33-5405

Taxation To Beneficiary

Ch. 54 — COLLEGE SAVINGS PROGRAM
Idaho Code ● ACTIVE State Law Title 33
Statutory Text

Idaho Code § 33-5405 — Taxation To Beneficiary.

TITLE 33 EDUCATION CHAPTER 54 COLLEGE SAVINGS PROGRAM 33-5405. Taxation to beneficiary. The designated beneficiary, as defined in section 529(e)(1) of the Internal Revenue Code, from an individual trust account or savings account established under this chapter is liable for taxes that may accrue under chapter 30, title 63 , Idaho Code, when a nonqualified withdrawal is received by the designated beneficiary.

History:[33-5405, added 2000, ch. 213, sec. 1, p. 580; am. 2020, ch. 245, sec. 3, p. 719.]
Source: legislature.idaho.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-IC33-SEC-F1079F
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 33-5405
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
3137626de9bb2a40...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 33-5405 is reproduced from the official Idaho Legislature website (legislature.idaho.gov), published by the Idaho Legislative Services Office. Idaho Code is public domain.
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boisestandard.org United States Idaho Idaho Code Title 33 Idaho Code § 33-5405