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

This form is used by part-quarterly filers in New York State to report sales and use tax for the specified tax 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 (Form ST-400).
2. Enter your business name, address, and identification number at the top of the form.
3. Complete the sales and use tax information, including total gross sales, taxable sales, and exempt sales.
4. Calculate the sales tax due by applying the appropriate tax rates to taxable sales.
5. Report any deductions or credits that apply to your account.
6. Total all amounts and ensure accuracy in your calculations.
7. Sign and date the return.
8. Submit the completed form and payment by the due date.

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

1. Businesses operating in New York State that sell goods or taxable services.
2. Retailers, wholesalers, and service providers who are required to collect sales tax.
3. Any business that has a tax reporting obligation related to sales tax in New York.

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 form that businesses use to report and pay sales tax collected on taxable sales, services, and the use of property in New York State on a quarterly basis.

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

Any business or individual that sells taxable goods and services in New York State, and who is registered to collect sales tax, is required to file this return quarterly.

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

To fill out the return, businesses must gather data on total sales, tax collected, adjustments, and credits. They should complete the form by entering these amounts in the appropriate fields and calculate the total tax due, then submit it along with payment if required.

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

The purpose of the return is to report sales tax collected by businesses to the state, ensuring compliance with tax laws and facilitating the collection of taxes that fund public services.

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

The information required includes total sales subject to tax, total tax collected, any exemptions or deductions, and total tax due. Additionally, businesses must provide their identification details and report any payments made.