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This document is a tax return form used by businesses in the State of Washington to report their business and occupation taxes, sales and use taxes, and to detail deductions for the first quarter

How to fill out combined excise tax return

How to fill out Combined Excise Tax Return 03

1. Obtain the Combined Excise Tax Return 03 form from your state’s Department of Revenue website or office.
2. Fill out your business name, address, and account number in the designated fields.
3. Indicate the tax period for which you are filing the return.
4. List the type and amount of taxes being reported (e.g., sales tax, use tax, etc.) in the appropriate sections.
5. Calculate your total tax liability and ensure all calculations are accurate.
6. Check for any applicable deductions or credits and apply them as instructed.
7. Complete the payment section if you owe taxes, providing the necessary payment method information.
8. Sign and date the return in the provided areas to certify its accuracy.
9. Submit the completed return by the due date, either online or via mail, according to instructions.

Who needs Combined Excise Tax Return 03?

1. Businesses that sell goods or services subject to excise taxes.
2. Companies that conduct activities requiring a tax registration under state law.
3. Any entity that needs to report and pay excise taxes on their operations.

People Also Ask about

Who must file Washington B&O taxes?

The physical and economic nexus rules we associate with sales tax also apply to B&O tax. That means you have to pay the tax if: The business or any of its employees are based in Washington State. You have a store, warehouse, office or even a postal address there.

What is the new excise tax in Washington state?

The new law introduces an additional 2.9 percent excise tax on long-term capital gains exceeding $1 million, with a retroactive effective date of Jan. 1, 2025. The new 2.9 percent add-on tax is incremental and, therefore, creates a graduated rate structure.

What is the combined sales tax in Washington?

Washington Tax Rates, Collections, and Burdens Washington has a 6.50 percent state sales tax rate and an average combined state and local sales tax rate of 9.38 percent.

Do I have to pay Washington state excise tax?

Washington's excise taxes apply to all business activities conducted in the state. Corporations, partnerships, sole proprietorships, joint ventures, nonprofit organizations, limited liability organizations, etc., conducting business in this state are all subject to these taxes, even if they do not have an office here.

Who pays the excise tax in Washington state?

The seller typically pays the REET. Excise taxes assessed on a conveyance (transfer) must be paid before the recording of the conveyance documents. This includes documents like the warranty deed and real estate contract.

What is an excise tax affidavit in Washington state?

A Real Estate Excise Tax Affidavit, along with a conveyance document (deed), must be presented to the Treasurer's office for processing and collection of tax or fees due within 30 days of the sale/dated document. This is done prior to presenting that conveyance document to the Auditor's office for recording.

What is a combined excise tax return in Washington state?

Combined Excise Tax This return is used for reporting your business income, sales tax, and use tax. Monthly. Quarterly. Annual. Multi-Purpose.

For pdfFiller’s FAQs

What is Combined Excise Tax Return 03?

The Combined Excise Tax Return 03 is a form that businesses use to report and pay various excise taxes owed to the state, such as taxes on fuel, alcohol, tobacco, and other specific goods.

Who is required to file Combined Excise Tax Return 03?

Businesses that engage in activities involving the sale or distribution of taxable goods, such as fuel distributors, alcohol manufacturers, and tobacco sellers, are required to file the Combined Excise Tax Return 03.

How to fill out Combined Excise Tax Return 03?

To fill out the Combined Excise Tax Return 03, businesses must provide their identifying information, calculate the taxes owed based on their sales or distributions, list any exemptions, and sign the form before submitting it to the appropriate tax authority.

What is the purpose of Combined Excise Tax Return 03?

The purpose of the Combined Excise Tax Return 03 is to consolidate reporting for multiple excise taxes into a single submission, making it easier for businesses to comply with tax obligations and for tax authorities to process returns efficiently.

What information must be reported on Combined Excise Tax Return 03?

The information that must be reported includes the business's name and address, the type of excise taxes being reported, total sales or distributions, tax calculations, any exemptions claimed, and payment details.