Instructions For Form Tc-553 - Tobacco Products Tax Return (Page 3 of 4) in pdf

Instructions For Form Tc-553 - Tobacco Products Tax Return Page 3

Line 6 Total of line 1 minus line 5.

Line 7 Current tax rate.

Line 8 Line 6 multiplied by line 7. This is your Little Cigars tax.

Part C – All Other Tobacco Products

Line 1 Enter the manufacturer’s net sales price for all products received from the manufacturer.

Line 2 Enter the manufacturer’s net sales price for all sales outside Utah. You may apply for credit of

tobacco products you bought tax-paid and sold outside Utah on your next quarterly return. You

must pay tax on tobacco products you bought to sell outside Utah at the time of purchase if they

are delivered in Utah.

Line 3 Enter the manufacturer’s net sales price for purchases on which you paid tax.

Line 4 Enter the amount of unsellable products included in line 1 on which you paid tax during a

previous tax period. Also enter an explanation.

Note: Keep supporting documents on merchandise returned to the factory for credit. You must

destroy unsellable tobacco products not returned to the factory in the presence of a Tax

Commission agent before you can get credit.

Line 5 Total of lines 2-4.

Line 6 Total of line 1 minus line 5.

Line 7 Current tax rate.

Line 8 Line 6 multiplied by line 7. This is your Other Tobacco Products tax.

Total Tax Due

Lines 8A, 8B, and 8C. This is the amount you owe the Tax Commission.

References/Resources

•

Utah Code §59-13 and §19-6-410.5

•

Administrative Rules R865-4D, R865-7H and R865-13G

•

Publication 66, Fuel Tax General Information

Returns and Schedules: Schedules are required for all fuel tax forms. You may be penalized if you do

not file the correct forms and schedules. See

tax.utah.gov/fuel

for the forms and schedules you must

file.

Instructions For Form Tc-553 - Tobacco Products Tax Return Page 3