Fillable Form St-18b - Annual Business Use Tax Return

INSTRUCTIONS FOR COMPLETING THE USE TAX RETURN ST-18B

Enter the amount of all purchases of any taxable tangible personal property,

1) Total of Purchases

Subject to New Jersey

or taxable services to tangible personal property or digital property which

Use Tax

was either delivered to a New Jersey location or used by you within New Jersey

during the calendar year, for which you have not paid either New Jersey sales or

use tax or sales tax of 7% or more to any other jurisdiction within the United

States. If the tax paid in another jurisdiction was 7% or higher, you will not owe

use tax to New Jersey. However, no further credit is allowed for tax paid in

another state at a rate higher than New Jersey’s 7%.

2) Use Tax Due

Complete the following worksheet to calculate the use tax due.

(a) Multiply the amount on Line (1) of the return by the tax rate of 7% (.07).

_____________________.

(b) If applicable, enter the amount of sales tax previously paid in another

jurisdiction on a purchase included in the Total of Purchases on Line 1 of the

return ______________________.

Note: You may claim this credit only if the tax was legally due and paid to

the other jurisdiction and if you have no right to a refund. If the tax paid

in another state was less than 7%, the difference is due to New Jersey.

ST-18B. ______________________.

Penalty of 5% per month or fraction thereof (up to a maximum of 25%) on the Use

3) Penalty and Interest

Tax due (Line 2) is imposed for failure to file a required ST-18B by the due date.

Interest at a rate of prime rate plus 3%, calculated up to the date of payment, is

imposed for failure to pay Use Tax by the due date.

4) Total Amount Due

Enter total Use Tax amount due Line 2 plus any Penalty and Interest from Line 3.

This is the amount which you must remit with your return.

For further information and assistance in completing this return,

please contact the New Jersey Division of Taxation Customer Service Center at (609) 292-6400.

For information concerning the taxability of goods and services, see Sales and Use Tax Guide (S & U 4) at

DETACH HERE

I certify that all the information given is correct:

________________________________________________________________________

_______________________________________

(Signature of Taxpayer or Corporate Officer)

(Date)

If this return is prepared by someone other than the taxpayer complete the following information:

FID# or SS# _______________ / ____________ / _______________

______________________________________________________________________________________________________________________

(Signature of Individual of Firm preparing the return)

(Title)

______________________________________________________________________________________________________________________

(Print Name of Firm and Individual preparing the return)

(Title)

Form St-18b - Annual Business Use Tax Return - 2014 Page 2

Related Articles

Related forms

Related Categories