Idaho Statutes

§ 33-5405 — TAXATION TO BENEFICIARY

Idaho § 33-5405
JurisdictionIdaho
Title 33EDUCATION
Ch. 54COLLEGE SAVINGS PROGRAM

This text of Idaho § 33-5405 (TAXATION TO BENEFICIARY) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Idaho Code § 33-5405 (2026).

Text

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.

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Legislative History

[33-5405, added 2000, ch. 213, sec. 1, p. 580; am. 2020, ch. 245, sec. 3, p. 719.]

Nearby Sections

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Bluebook (online)
Idaho § 33-5405, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/33-5405.