Idaho Tax Commission Announces Parental Choice Tax Credit Advance Payment

The Idaho State Tax Commission announced that taxpayers can apply for advance payments of the parental choice tax credit program for 2026. The advance payment is a one-time payment that, when funded, parents can use to pay for expected, qualifying expenses related to nonpublic academic instruction for an eligible student. The amount of the advance payment is up to $5,000 per eligible student, or up to $7,500 for each eligible student with a qualifying disability. The document also contains information regarding eligibility for the tax credit. [Idaho State Tax Comm’n, Parental Choice Tax Credit, 09/10/25]

This story was produced by Bloomberg ...