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

This document serves as a sales and use tax return for businesses filing on a part-quarterly basis in New York State, detailing sales, taxable sales, and tax due.

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How to fill out New York State and Local Sales and Use Tax Return for Part-Quarterly Filers

1. Gather all necessary sales records for the reporting quarter.
2. Obtain the New York State and Local Sales and Use Tax Return form (form ST-810).
3. Fill in your business information such as name, address, and sales tax ID number.
4. Report total gross sales, including exempt sales, on the appropriate lines.
5. Calculate the total taxable sales by deducting exempt sales from total sales.
6. Determine the tax rate applicable to your sales and calculate the total sales tax owed.
7. Fill in any applicable credits or prepayments in the designated areas.
8. Calculate the net amount due by subtracting credits/prepayments from the sales tax owed.
9. Sign and date the return, and make a copy for your records.
10. Submit the completed return by the due date, along with payment if necessary.

Who needs New York State and Local Sales and Use Tax Return for Part-Quarterly Filers?

1. Businesses that make taxable sales in New York State and meet the criteria for part-quarterly filing.
2. Retailers and service providers who are required to collect sales tax from customers.
3. Organizations that engage in sales of tangible personal property or taxable services.

People Also Ask about

What is a quarterly filer?

Quarterly filing is form filing that takes place once every three months for a total of four times per year.

What is NY state sales and use tax?

Purchases above $110 are subject to a 4.5% NYC sales tax and a 4% NY State sales tax. 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.

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.

Do I have to pay NYS sales tax on a vehicle purchased out of state?

Tax Paid to Another State If you paid sales tax in the state where you purchased the vehicle, you do not have to pay sales tax in New York State. Complete the Sales Tax Exemption {Sales Tax Form} (PDF) (DTF-803).

What form do I use to pay quarterly taxes?

Use Form 1040-ES to figure and pay your estimated tax. Estimated tax is the method used to pay tax on income that is not subject to withholding (for example, earnings from self-employment, interest, dividends, rents, alimony, etc.).

What is a sales and use tax return?

A sales and use tax return is a return that's used to report on the sales and use taxes collected and remitted by your business to the government.

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 is sales and use tax in NY?

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.

For pdfFiller’s FAQs

What is New York State and Local Sales and Use Tax Return for Part-Quarterly Filers?

The New York State and Local Sales and Use Tax Return for Part-Quarterly Filers is a tax form used by businesses that collect sales tax on goods and services sold in New York. This form is specifically for businesses that file their sales tax returns four times a year, allowing them to report and remit the sales and use taxes they have collected.

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

Part-quarterly filers are typically businesses that have reported sales tax liability within a specified range, making them eligible for this filing frequency. This includes small to medium-sized businesses that do not exceed certain sales thresholds set by the New York State Department of Taxation and Finance.

How to fill out New York State and Local Sales and Use Tax Return for Part-Quarterly Filers?

To fill out the return, businesses must provide their sales tax identification number, report total sales subject to sales tax, detail exempt sales, calculate the total tax due, and then report any payments already made. The form needs to be completed accurately and submitted by the due date to avoid penalties.

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

The purpose of this return is to ensure that businesses accurately report the sales tax they have collected from customers and remit the appropriate amount to the state and local governments. This helps maintain compliance with tax laws and funds public services.

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

The information that must be reported includes the business's sales tax identification number, total sales made, taxable sales, non-taxable sales, the total sales tax collected, and any previous payments made towards the tax obligation. Additionally, any adjustments or credits must also be reported.