None
EN
What Led to Idaho's Record Tax Refunds in Fiscal Year 2026?
['The Center Square']
NewsRadio 560 KPQ - Stay Connected
“The Idaho State Tax Commission issued more than $910 million in individual income tax refunds during the fiscal year — the largest amount ever returned in a single year.
Little’s Budget Director Lori Wolff told The Center Square Idaho residents received the largest tax refund in state history this year.
Idaho does have an income tax, but Wolff said they keep other taxes, including property taxes, lower in exchange.
“We do have an income tax, and individual income tax is one of the major sources of funding to our general fund," she said.
Washington state’s new income tax is 9.9% on income above $1 million, or combined household income above that threshold, starting in 2028.