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A tax return form used for reporting and remitting quarterly sales and use tax to the New York State Department of Taxation and Finance, including details about gross sales, taxable sales, and any

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How to fill out New York State and Local Quarterly Sales and Use Tax Return

1. Obtain the New York State and Local Quarterly Sales and Use Tax Return form (ST-3).
2. Fill in your business's name, address, and sales tax identification number at the top of the form.
3. Report your total sales for the quarter in the appropriate box.
4. Calculate the taxable sales by determining which sales are subject to sales tax.
5. Report the total amount of sales tax collected from customers.
6. Total any adjustments for exempt sales or returns.
7. Calculate the total tax due by subtracting adjustments from total sales tax collected.
8. Complete any necessary schedules or additional forms if required.
9. Sign and date the form.
10. Submit the form electronically or by mail, along with payment, by the due date.

Who needs New York State and Local Quarterly Sales and Use Tax Return?

1. Any business or individual conducting taxable sales in New York State.
2. Retailers, contractors, and service providers who collect sales tax from customers.
3. Businesses that sell goods or services within New York State and have a tax obligation.

People Also Ask about

What are the sales tax quarter dates?

In most states, the quarterly sales tax due dates are generally as follows: Q1 (December 1–February 28) is due by March 20. Q2 (March 1–May 31) is due by June 20. Q3 (June 1–August 31) is due by September 20.

Is sales and use tax the same as property tax?

Property tax is a direct tax, for which the owner of the property is obligated to pay the taxes. Sales tax is an indirect tax, for which a company collects tax from a customer on behalf of the government. Property owners are responsible for paying taxes on their property every year.

What is living quarters in New York?

Determining if you maintain a permanent place of abode in New York City depends on specific factors outlined by the New York State Department of Taxation and Finance. A permanent place of abode is generally defined as a residence you maintain, suitable for year-round use, regardless of ownership.

What are the sales tax quarter dates?

In most states, the quarterly sales tax due dates are generally as follows: Q1 (December 1–February 28) is due by March 20. Q2 (March 1–May 31) is due by June 20. Q3 (June 1–August 31) is due by September 20.

Is there sales or use tax in New York State?

The City Sales Tax rate is 4.5%, NY State Sales and use tax is 4% and the Metropolitan Commuter Transportation District surcharge of 0.375% for a total sales and use tax of 8.875 percent.

What are the quarters for New York sales and use tax?

NY Sales Tax Quarters: March 1 through May 31, June 1 through August 31, September 1 through November 30, and December 1 through February 28/29. 16th – New Jersey State Sales Tax Returns for Quarterly Filers for Oct. 1, 2024–Dec. 31, 2024 are due.

What are the sales tax quarters in NY?

These are the sales tax quarters in New York: First quarter: December through February. Second quarter: March through May. Third quarter: June through August. Fourth quarter: September through November.

What are the 4 quarters for taxes?

Quarterly tax payments are due four times a year. As the IRS explains, a year has four payment periods with the following quarterly payment due dates: April 15, June 15, Sept. 15 and Jan. 15.

For pdfFiller’s FAQs

What is New York State and Local Quarterly Sales and Use Tax Return?

The New York State and Local Quarterly Sales and Use Tax Return is a tax return form used by businesses to report and pay sales and use tax for a specific quarter. It summarizes the total tax collected from sales and the tax owed on taxable purchases that were not taxed at the point of sale.

Who is required to file New York State and Local Quarterly Sales and Use Tax Return?

Any business or individual that makes taxable sales of goods or services in New York State and is registered to collect sales tax is required to file the New York State and Local Quarterly Sales and Use Tax Return.

How to fill out New York State and Local Quarterly Sales and Use Tax Return?

To fill out the return, taxpayers must provide their business information, report total sales and exemptions, calculate the total sales tax due based on the rates applicable, and then submit the return along with the payment, if necessary, by the due date for that quarter.

What is the purpose of New York State and Local Quarterly Sales and Use Tax Return?

The purpose of the return is to ensure that businesses accurately report sales tax collected from customers and remit the appropriate amount to the state and local governments, thereby contributing to public services and infrastructure.

What information must be reported on New York State and Local Quarterly Sales and Use Tax Return?

The information that must be reported includes total sales, exempt sales, total taxable sales, the rate of tax applicable, total sales tax collected, and any credits or adjustments that may apply.