Instructions For Nebraska And City Sales And Use Tax Return Sheet - Nebraska Department Of Revenue

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INSTRUCTIONS
WHO MUST FILE. Every person collecting Nebraska sales
PENALTY AND INTEREST. A penalty will be assessed if
and use tax must file a Nebraska and City Sales and Use Tax
the return is not filed by the prescribed due date. Interest on
Return, Form 10, on or before the due date. The person is
the unpaid tax will be assessed at the rate printed on line 12
required to hold a sales and use tax permit issued by the
from the due date until payment is received.
Nebraska Department of Revenue. Out-of-state retailers shall
VERIFICATION AND AUDIT. Records to substantiate this
report only Nebraska sales on this return.
return must be retained and be available for a period of at
WHEN AND WHERE TO FILE. This return, properly signed
least three years following the date of filing the return.
and accompanied by a check or money order payable to the
SPECIFIC INSTRUCTIONS
Nebraska Department of Revenue, will be considered timely
filed if U.S. postmarked on or before the twenty-fifth day of
LINE 1. Enter the total dollar amount of ALL sales, leases,
the month following the tax period covered by the return. A
rentals, and services made by your business. Record both
return is required even if there have been no taxable sales.
taxable and exempt gross revenue rounded to the nearest
Mail to the Nebraska Department of Revenue, P.O. Box 94818,
dollar. Out-of-state retailers enter only Nebraska gross
Lincoln, Nebraska 68509-4818.
revenue. DO NOT include the amount of sales tax collected.
PREIDENTIFIED RETURN. This return is to be used only
LINE 2. Enter the net taxable sales from Form 10, Nebraska
by the retailer whose name is printed on it. If you have not
Schedule III rounded to the nearest whole dollar. Refer to the
received a preidentified return for the tax period, request a
Nebraska Schedule III instructions for allowable deductions.
duplicate from the Nebraska Department of Revenue. Do not
LINE 8. The permitholder is allowed a collection fee as a
file returns which are photocopies, returns for another tax
reimbursement for collecting the Nebraska and city sales tax.
period, or returns which have not been preidentified. If the
business name, location or mailing address is not correct, mark
LINE 12. A balance due or credit resulting from a partial
through the incorrect information and plainly print the correct
payment, mathematical or clerical errors, penalty, or interest
information.
relating to prior returns will be entered in this space by the
This return provides for the reporting of both sales and use
Nebraska Department of Revenue. The amount of interest
tax. The entries for each tax remain separate. If the retailer
includes interest on unpaid tax through the due date of this
intends to file a return for both taxes, a word, statement,
return. If the amount due is paid before the due date, the
number, or figure must be entered on the appropriate lines of
interest will be recomputed and a credit will be given on your
the return. Failure to do so will extend the statute of limitations
next return. If the amount entered has been satisfied by a
for audit and collection purposes to five years.
previous remittance, it should be disregarded when computing
the amount to remit on line 13.
CHANGE IN OWNERSHIP. A change in ownership or type
of ownership (individual to a partnership, partnership to a
LINE 13. Attach a check or money order payable to the
corporation, corporation to partnership, or corporation to an
Nebraska Department of Revenue for the amount reported
LLC, etc.) will require you to cancel your sales and use tax
on line 13.
permit. The new owners of the business should not file their
SIGNATURES. This return must be signed by the taxpayer,
return using the previous owner’s preidentified sales and use
partner, or corporate officer. If the taxpayer authorizes another
tax returns. The new owner must complete a Nebraska Tax
person to sign this return, there must be a power of attorney
Application, Form 20, for their own sales tax permit.
on file with the Nebraska Department of Revenue.
CONSUMER’S USE TAX LIABILITY. The consumer’s use
Any person who is paid for preparing a taxpayer’s return must
tax is a tax on items purchased in Nebraska when there has
also sign the return as preparer.
been no payment of the sales tax. The consumer’s use tax
also applies to items purchased outside Nebraska and brought
NEBRASKA AND CITY SALES AND
into Nebraska for use, storage, or consumption on which a
USE TAX WORKSHEET
sales or use tax has not been paid to Nebraska or any other
state. The consumer’s use tax is imposed upon the following
Use the Nebraska and City Sales and Use Tax Worksheet to
transactions:
compute the amounts to enter on Schedule I.
1. Items of inventory purchased for resale which are
Multiply the amounts subject to sales or use tax by the
withdrawn from inventory and used by the consumer
corresponding city rate, and enter the result in the appropriate
for personal or business use.
column. Use Column A for use tax and Column B for sales
tax.
2. Property purchased from a vendor who was not
required or failed to collect the sales tax.
NEBRASKA SCHEDULE I
CREDIT RETURNS. If line 11 is a credit amount,
LINE 113, CITY USE TAX. Enter the total of lines 1 through
documentation must be sent with the return supporting the
112, on line 113 and on line 5, Form 10.
credit. This documentation may include a copy of the
Form 10 Nebraska Schedule III, and/or a letter of explanation.
LINE 114, CITY SALES TAX. Enter the total of lines 1
If a credit is shown, it may be applied to current tax liability.
through 112, on line 114 and on line 6, Form 10.
If the credit cannot be used in a reasonable amount of time a
NEBRASKA SCHEDULE III
Claim for Overpayment of Sales and Use Tax, Form 7, may
Nebraska Schedule III provides space to compute the net
be filed. The statute of limitations for filing the Form 7 is
taxable sales and Nebraska consumer’s use tax. Schedule III
three (3) years from the due date following the end of the
must be completed and attached to Form 10.
period for which the overpayment was made.

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