Get the free New York State and Local Quarterly Sales and Use Tax Return - tax ny

This document is a tax return form used by businesses in New York State to report sales and use tax collected during a specific quarterly period.

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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-100) from the New York State Department of Taxation and Finance website or your local tax office.
2. Fill out your business information in the designated fields, including your name, address, and Sales Tax ID number.
3. Report your total sales for the quarter, separating taxable sales from any exempt sales.
4. Calculate the total sales tax collected during the quarter based on the applicable sales tax rate.
5. Deduct any allowable exemptions or credits you are entitled to claim on your sales tax.
6. Determine the total tax due by subtracting any deductions or credits from the total sales tax collected.
7. Complete the payment section to indicate any payments made and the balance due.
8. Review the completed form for accuracy and sign it where indicated.
9. Submit the form along with any payment by the due date, either online or by mail as instructed.

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

1. Any business operating in New York State that sells tangible personal property or services subject to sales tax must file this return.
2. Retailers, wholesalers, and certain service providers with sales tax obligations.
3. Businesses that collect sales tax on behalf of the state and local governments.

People Also Ask about

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 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.

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.

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 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 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.

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.

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.

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 document that businesses in New York are required to file to report sales and use tax collected on taxable sales of goods and services during a specific quarter.

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

Any business that sells taxable goods or services in New York State and has a sales tax vendor registration number must 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, businesses must provide details such as gross sales, exempt sales, taxable sales, applicable tax rates, and the total amount of sales tax collected, then submit it by the due date specified on the form.

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

The purpose of the return is to report and remit the sales tax collected from customers to the state and local governments, ensuring compliance with tax laws and facilitating public funding.

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

The return must report information including total sales, total exempt sales, taxable sales, sales tax rate, total sales tax collected, and any credits or adjustments that apply.