Get the free Utility Services Tax Return — Gross Income - tax ny

This form is used by businesses to report gross income for utility services in New York State, including tax computations and required information about the business.

How to fill out utility services tax return

How to fill out Utility Services Tax Return — Gross Income

1. Obtain the Utility Services Tax Return form from your local tax authority's website or office.
2. Carefully read the instructions provided with the form to understand the filing process.
3. Fill in your business information, including name, address, and tax identification number.
4. Calculate your total gross income from utility services for the reporting period.
5. Itemize each type of utility service provided and the corresponding gross income.
6. Ensure all calculations are accurate and reflect your total gross income correctly.
7. Review the completed form for any errors or omissions.
8. Submit the form by the designated deadline, either electronically or via mail.

Who needs Utility Services Tax Return — Gross Income?

1. Businesses that provide utility services, such as electricity, water, gas, or telecommunications, need to file the Utility Services Tax Return.
2. Applicable service providers who are subject to taxation on their gross income from utility services.
3. Companies that are registered to collect and remit utility taxes on behalf of their customers.

People Also Ask about

What is the NYC utility tax?

In New York City, the Utility Excise Tax (UXS) is a tax imposed on utility service providers that operate within the city. These providers include electricity, gas, steam, and telecommunications companies.

What is the income tax utility?

ITR Utility Software introduces by the Income Tax Department, which helps a taxpayer to file ITR easily. Every year, the Income Tax Department releases an updated version of the ITR Utility software for online filing of Income Tax Return.

Where are gross receipts on tax return?

If you operate your business as a Sole Proprietorship or a single-member Limited Liability Company (LLC), gross receipts go on Schedule C of your IRS Form 1040.

What tax document shows gross income?

The Form W-2 contains all wages and tax information for an employee regardless of the number of state agencies/campuses for which he or she worked during the tax year.

What is the NYC utilities tax?

The current tax rate for electric, gas, steam, water, refrigeration, and telecommunications services is 2.35%, and the tax rate for an omnibus operation is 1.17%. The revenue generated from this tax goes into the city's general fund and is used to support a variety of public services and programs.

What is a local utility tax?

UUT is a usage tax on communication, electric, and gas charges billed to a billing or service address in the unincorporated areas of the County of Los Angeles. On November 4, 2008, voters in the unincorporated areas of the County of Los Angeles approved the UUT. (

How much is NYC city tax?

If products are purchased, an 8.875% combined City and State tax will be charged. The City charges a 10.375% tax and an additional 8% surtax on parking, garaging, or storing motor vehicles in Manhattan.

What is the sales tax on utilities in NY?

Sales and uses of energy sources and services for residential purposes are exempt from state sales and use taxes and possibly local taxes.

For pdfFiller’s FAQs

What is Utility Services Tax Return — Gross Income?

The Utility Services Tax Return — Gross Income is a tax return specifically designed for reporting income generated from utility services provided by businesses to their customers. It captures the gross income received from all utility services rendered.

Who is required to file Utility Services Tax Return — Gross Income?

Businesses that provide utility services, such as electricity, natural gas, water, and telecommunications, are required to file the Utility Services Tax Return — Gross Income if they generate income from these services.

How to fill out Utility Services Tax Return — Gross Income?

To fill out the Utility Services Tax Return — Gross Income, businesses must provide details of their gross income from utility services, including the total amount billed to customers, adjustments for refunds or discounts, and any exemptions or deductions applicable. Accurate figures and relevant documentation should be included.

What is the purpose of Utility Services Tax Return — Gross Income?

The purpose of the Utility Services Tax Return — Gross Income is to ensure that businesses accurately report their income from utility services for taxation purposes, thereby enabling appropriate revenue collection for municipal or state services.

What information must be reported on Utility Services Tax Return — Gross Income?

The information that must be reported on the Utility Services Tax Return — Gross Income includes the total gross income from utility services, any applicable deductions or exemptions, customer billing amounts, and any necessary identification details of the business filing the return.