{"data":{"id":"us-id/idaho-code-44-2804","jurisdiction":"us-id","citation":"Idaho Code § 44-2804","heading":"tax implications.","body":"(1) A hiring party that contributes funds to a portable benefit account pursuant to section 44-2803(3)(a) or (b), Idaho Code, may deduct as a business expense an amount equal to one hundred percent (100%) of any such contributions during the applicable tax year.\n(2) An independent contractor may exclude from taxable income an amount equal to one hundred percent (100%) of the amount contributed by a hiring party pursuant to section 44-2803(3)(a) or (b), Idaho Code, during the applicable tax year.","path":["TITLE 44 LABOR","CHAPTER 28 PORTABLE BENEFIT PLAN ACT"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title44/t44ch28/sect44-2804/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T14:18:19Z","sha256":"45a9d40bb9748878d355dea65445f668d4f0fb8912d9bb7531962df95eb088e0","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-44-2803","next":"us-id/idaho-code-45-101"},"notice":"GroundRules: Original legal text. Not legal advice."}