Instructions For Form Rv-2 - 2008 (Page 3 of 4) in pdf

COMPUTING THE TAXES

fig. 2.1)

(

STEP 5 - Column A, Lines 1 through 4. Enter the number

STEP 8a. - Add the number of Rental Motor Vehicle Days

of days that your rental motor vehicles were rented during

from Column A for all districts (Lines 1 through 4).

the period.

If filing quarterly or semiannually, add the

In Column A, Line 5, BTK has entered 795 rental

Rental Motor Vehicle days for each month during the

vehicle days for the month of January.

period, and enter the totals on the appropriate lines.

STEP 8b. - Add the number of tour vehicles from Column

For example, if you have five cars on Oahu and they were

B for all districts (Lines 1 through 4).

each rented for thirty days during the period, enter “150” (5

x 30) in Column A, Line 1.

In Column B, Line 5,

BTK has entered 2 tour

vehicles for the month of January.

All activities must be allocated to their proper district(s). If

you enter an amount on the “Totals” line (line 5) of any

STEP 8c. - Add the number of tour vehicles from Column

column, you must enter amount(s) which equal that total

C for all districts (Lines 1 through 4).

on the district allocation lines (line 1 through 4) of that

In Column C, Line 5, BTK has entered 1 tour vehicle

column, or we will not be able to correctly process your tax

for the month of January.

return.

STEP 9a - In Column A, multiply the number entered on

For Column A, Line 1 (Rental Motor Vehicle days on

Line 5 by the tax rate of $3 (Line 6), and enter the result on

Oahu), BTK has entered the net rental days of “525.”

Line 7.

For Column A, Line 2, (Rental Motor Vehicle days

on Maui) BTK has entered the net rental days of

BTK has multiplied 795 (the number of vehicle days

“270.”

entered on Line 5) by $3 (the tax rate listed on Line 6)

to get $2,385, which is entered in Column A, Line 7

STEP 6 - Column B, Lines 1 though 4. Enter the number

(795 x $3 = $2,385).

of tour vehicles (8-25 passengers) used during the period

for each District. If filing quarterly or semiannually, multiply

STEP 9b - In Column B, multiply the number entered on

the number of tour vehicles by the number of months in

Line 5 by the tax rate of $15 (Line 6) and enter the result

the period.

on Column B, Line 7.

In Column B, Line 1, BTK has entered “2” for the

BTK has multiplied 2 (the number of tour vehicles in

number of tour vehicles for Oahu.

use during the month on Line 5) by $15 (the tax rate

listed on Line 6) to get $30, which is entered in

STEP 7 - Column C, lines 1 through 4. Enter the number

Column B, Line 7 (2 x $15 = $30).

of tour vehicles (26 or more passengers) used during the

STEP 9c - In Column C, multiply the number entered on

period for each district. If filing quarterly or semiannually,

Line 5 by the tax rate of $65 (Line 6), and enter the result on

multiply the number of tour vehicles by the number of

Line 7.

months in the period.

BTK has multiplied 1 (the number of tour vehicles in

In Column C, Line 1, BTK has entered “1” for the

use during the month on Line 5) by $65 (the tax rate

number of tour vehicles for Oahu.

on Line 6) to get $65, which is entered in Column C,

Line 7 (1 x $65 = $65).

2,385

2,480 00

2/27/09

808 123-4567

owner

Betty T. Kealoha

fig. 2.2

FINISHING THE TAX RETURN (fig. 2.2)

STEP 10 - Add Columns A through C of Line 7, and enter

rental motor vehicle or tour vehicle activity and therefore

the total on Line 8. This is the total tax due. CAUTION:

have no tax due, enter a zero (0) on Line 8.

LINE 8 MUST BE FILLED IN. If you do not have any

BTK has added $ 2,385, $ 30, and $ 65 for a total of

$ 2,480 which is entered on Line 8.

Instructions For Form Rv-2 - 2008 Page 3

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