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HOME BUSINESS INSURANCE PROGRAM RATING GUIDE Idaho Premium Calculation Instructions Step 1. Determine the rate group by referring to the Eligible Businesses list located on pages 2 and 3. Step 2.
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The flat rate is a fixed percentage of income that is used to calculate taxes.
Individuals and businesses with income above a certain threshold are required to file the flat rate.
You can fill out the flat rate by reporting your total income and applying the fixed percentage to calculate the tax owed.
The purpose of the flat rate is to simplify the tax filing process for individuals and businesses.
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