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Michigan Department of Treasury 5081 (Rev. 1019), Page 1 of 2This form cannot be used as an amended return; see the 2020 Sales, Use and Withholding Taxes Amended Annual Return (Form 5082).2020 Sales,
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How to fill out 2020 sales use and
01
Gather all necessary information such as sales figures, taxable sales, exempt sales, and tax rate
02
Access the appropriate 2020 sales use tax form for your jurisdiction
03
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Who needs 2020 sales use and?
01
Businesses that make taxable sales or purchases within their jurisdiction
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Individuals who have made taxable purchases that were not subject to sales tax
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What is sales use and withholding?
Sales use tax is a tax on the sale of tangible personal property and certain taxable services. Withholding tax is a tax withheld from employees' wages and paid directly to the government by the employer.
Who is required to file sales use and withholding?
Businesses that sell tangible personal property or taxable services are required to file sales use tax. Employers who withhold taxes from employee wages are required to file withholding tax.
How to fill out sales use and withholding?
Sales use tax is typically filled out on a sales tax return form provided by the government. Withholding tax is filled out on a withholding tax return form.
What is the purpose of sales use and withholding?
The purpose of sales use and withholding taxes is to generate revenue for the government to fund public services and infrastructure.
What information must be reported on sales use and withholding?
Sales use tax requires reporting of total sales, exemptions, and taxable sales. Withholding tax requires reporting of total employee wages, tax withheld, and employer information.
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