Form 300 - Instructions (Page 2 of 2) in pdf

Form 300 - Instructions Page 2

box.

In Column 8 “Total Deductions”, calculate columns 3-7.

In Column 9 “Total Income”, calculate “gross income” and subtract “total deductions” for

taxable income amount.

In Column 11, enter the tax amount by multiplying the “Taxable Income”, Column 9 by the

tax rate of 5% in Column 10. Enter amount in Column 11, “Tax Due”.

11.

In Line 5, “Subtotal” from lines 1 thru 4.

12.

In Line 6, enter the total from Form 301, a continuation sheet, if necessary.

13.

In Line 7, enter the estimated taxes paid and submitted with the Form 145. The Form 145 is

a “Request for Extension”. If a taxpayer desires an extension of time for filing or paying

taxes, the taxpayer must file a Form 145 with the estimated tax due on or before the due

date (see #2).

14.

In Line 8, “Balance Due”, add lines 5 and 6, then subtract line 7.

15.

In Line 9 and 10, “Penalties” will be due for late payment. The current interest rate can be

obtained by calling the Kayenta Township Finance Department. Sections 8-113 to 8-117 of

the Kayenta Township Tax Administration Ordinance describe the penalties. Attach

penalties calculation with the tax return.

17.

In Line 11, “Total Tax Due” Add lines 8, 9, & 10.

18.

For payments less than $10,000, make check payable to the Kayenta Township and mail to:

P.O. Box 1490, Kayenta, Arizona 86033. Payments greater than $10,001 must be

wire-transferred to the account listed on Form 300. Indicate the amount being transferred.

19.

The taxpayer or duly authorized agent must sign and date the return. The individual must

print his/her name and phone number. The taxpayer or authorized agent listed will be

contacted if the Kayenta Township has any questions about the tax return.

20.

For more information of sales tax and tax administration ordinances, please go to

for more information. Sales Tax Forms are also located on the

website to download for your use.

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Form 300 - Instructions Page 2