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This form is used to report and pay the consumer use tax for regular and alcoholic beverage purchases in Maryland. It is necessary for individuals who have paid less than the required sales tax at
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How to fill out st-118
How to fill out st-118
01
Begin by gathering the required personal and business information.
02
Complete the sections indicating the purchaser's name, address, and contact information.
03
Fill in the seller's information, including name and address.
04
Describe the tangible personal property being purchased.
05
Indicate the reason for the exemption in the designated field.
06
Sign and date the form to certify its accuracy.
07
Submit the completed ST-118 form to the seller before the purchase is finalized.
Who needs st-118?
01
Businesses and individuals purchasing items that qualify for tax exemption under New York State tax laws.
02
Wholesale and retail businesses that buy goods for resale.
03
Non-profit organizations seeking exemption for purchases related to their exempt functions.
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What is st-118?
ST-118 is a form used by businesses in certain jurisdictions to report sales tax exempt purchases.
Who is required to file st-118?
Businesses and individuals making tax-exempt purchases are typically required to file ST-118.
How to fill out st-118?
To fill out ST-118, provide your name, address, the seller's information, details of the exempt purchase, and your exemption reason.
What is the purpose of st-118?
The purpose of ST-118 is to document sales tax exempt transactions and ensure compliance with tax regulations.
What information must be reported on st-118?
The information that must be reported on ST-118 includes the purchaser's name, address, the seller's name, the items purchased, and the reason for exemption.
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