Fillable Form Psr - Public Service Regulation Fee printable pdf download

MONTANA

PSR

Rev 08 15

FORM PSR INSTRUCTIONS – PUBLIC SERVICE REGULATION FEE

These instructions are to help you prepare your return. If you have questions about Montana’s Public Service Regulation Fee, please

call us toll-free at (866) 859-2254; in Helena at 444-6900, or visit our website at revenue.mt.gov for detailed instructions.

How to file your return. When filing your quarterly public

Line 7. Enter on line 7 your gross operating revenues generated

service regulation fee return, we encourage you to file and pay

from all regulated activities within Montana.

electronically through Taxpayer Access Point (TAP). Electronic

Line 8. Enter on line 8 your gross revenues from sales to other

payment and filing is simple, secure, and convenient. To register

regulated companies for resale.

for electronic filing, go to https://tap.dor.mt.gov. You will need your

business account number and zip code. Once you are registered,

Line 9. Subtract line 8 from line 7 and enter the result on line 9.

you will be able to file, pay and view your past returns and

This is the amount of regulated revenues subject to the fee.

transactions.

Line 10. Multiply line 9 by 0.0023 (0.23%) and enter the result on

If you choose not to file electronically, complete Form PSR using

line 10. This is your public service regulation fee for the quarter.

blue or black ink. Print your numbers in the blocks provided. Do

Line 11. Penalty. If you do not pay your fee within 30 days

not include a dollar sign in the amounts you enter.

following the end of each quarter, you are subject to a penalty

When and where to file. Your public service regulation fee return

of 10% assessed on the unpaid fee. Multiply the amount of your

and payment is due within 30 days following the end of each

unpaid fee by 0.10 (10%) and enter the result on line 11. If you

quarter. The due dates are April 30, July 30, October 30, and

want us to calculate your penalty and to send you a bill, do not

January 30.

enter an amount on line 11.

If you choose not to file and pay electronically, mail your original

Line 12. Interest. Interest on any unpaid fee is assessed at 1%

return and payment to Montana Department of Revenue, PO Box

per month or fraction of a month, computed from the original due

5835, Helena, MT 59604-5835.

date of the return. Multiple the amount of your unpaid fee by 0.01

(1%) and then by the number of months that have elapsed from

Penalty and Interest. If your return and payment are not filed

the due date of that return. If you want us to calculate your interest

by the due date, a penalty of 0.10 (10%) is assessed against

and to send you a bill, do not enter an amount on line 12.

any unpaid fee. Interest accrues at 1% per month or fraction of a

month on the outstanding fee, until it is paid.

Penalty and Interest Example: You are filing your 3rd quarter

2009 return that is due October 30, 2009 on April 15, 2010 and

Specific Instructions

paying a public service regulation fee of $100. Your penalty is

Lines 1, 2, and 3. Please provide your FEIN, Account ID and

$100 x 0.10 = $10 and your interest is $100 x 0.01 x 7 = $7.00.

Your return is 7 months late, October 31 through April 15 (October

Period ending date.

and April are considered full months).

Line 4. If you are amending a prior period return, place an “X” in

Line 13. Add lines 10, 11, and 12 and enter the result on line 13.

the box provided.

This is the amount that you owe.

Line 5. If your mailing address has changed, place an “X” in the

Line 14. Enter the amount you are paying with this return. In most

box and print your new address in the space provided.

cases, this is the amount reported on line 13.

Line 6. If you sold your business, changed your entity type,

or closed your business enter the date this change occurred.

For example, when changing your entity type from a sole

proprietorship to a partnership you are required to close your sole

proprietorship account and re-register your account under your

new partnership entity type.

Form Psr - Public Service Regulation Fee

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