Instructions For Sales Tax Returns - Town Of Winter Park
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1
2Instructions for Sales Tax Returns
Town of Winter Park
General Instructions
Line-By-Line Instructions
• Account Number
Line 1 - Gross Sales & Services
Enter total receipts received in the conduct of your business for the
Include town issued account/business license number on all
period covered, both taxable and non-taxable.
returns. For more information on licensing requirements
contact the Town Clerk.
Line 2A - Bad Debts Collected
• Filing Period
Enter any bad debts collected in the current tax period which were
previously deducted on Line 3D – Bad Debts Charged Off.
Verify that the return you are filing corresponds to the period
for which you are filing.
Line 2B – Total of Lines 1 & 2A
• Due Date
Line 1 (Gross Sales & Services) plus Line 2A (Bad Debts
Collected). This figure represents the gross receipts for the tax
Returns must be submitted to the Town and postmarked on or
period.
th
before the 20
day of the month following the close of the tax
th
period. If the 20
falls on a Saturday, Sunday, or legal holiday,
Line 3A - Non-Taxable Service Sales
the due date falls to the next business day. If you fail to
Deduct all non-taxable services.
include penalties and interest on delinquent returns, you will
be invoiced by the Town. Penalties and interest will continue
Line 3B - Sales to Other Licensed Dealers for Purpose of
to accumulate until paid.
Taxable Resale
• Rounding
Deduct sales to other licensed dealers for resale purposes. If the
sale is for the licensed dealer’s own use or consumption, it is not
Do not round returns to the nearest dollar. Returns must reflect
exempt.
the actual tax amounts.
• Zero Liability Returns
Line 3C - Sales Shipped Out of Town
Deduct sales if you ship or deliver the merchandise to a location
You must file sales tax returns even if no taxes are due for the
outside the Town for use, storage, distribution or consumption
period. You may mail, fax, or file electronically.
outside the Town.
Please Note: All zero liability returns will be subject to a
Line 3D - Bad Debts Charged Off
$15.00 late penalty if filed after the due date.
Deduct taxable sales which you have charged off as a bad debt if
you have previously remitted sales tax on those sales.
• Payment
Checks or money orders should be made payable to the
Line 3E - Trade-Ins for Taxable Resale
Town of Winter Park and submitted along with the completed
Deduct the amount allowed for a trade-in, up to the fair market
tax return to:
value, if you will resell the goods in the normal course of business.
Town of Winter Park
PO Box 3327
Line 3F - Sales of Gasoline & Cigarettes
Winter Park, CO 80482
Deduct all sales of gasoline and cigarettes.
• Record Retention
Line 3G - Sales to Governmental, Religious, & Charitable
Copies of your tax returns and all supporting documents must
Organizations
be retained by you for a period of 3 years. Do not send them in
Deduct sales to governmental entities, or other non-taxable
with your returns. The Town Manager or representatives
organizations, which are included in line 1. You should obtain a
authorized by the Town Manager may inspect and review your
completed tax exempt affidavit form as well as a copy of the
books at anytime.
organization’s exemption certificate.
• Amended Returns
Line 3H - Returned Goods
Amended Returns must be marked clearly “Amended Return”
Deduct all sales which have been returned for a refund by the
and include a detailed explanation for the adjustment.
purchaser and were previously reported as net taxable sales.
• Return Format
Line 3I - Long Term Rentals
If you choose to generate your own returns, they must conform
Deduct rental sales in which you have entered into a written
to the same format used by the Town.
agreement for occupancy of a room, rooms, or accommodations
for a period of at least 30 consecutive days.
• E-Services ( )
Line 3J - Other Deductions (List)
-
File Zero Liability Returns
Deduct all authorized non-taxable sales not included in above
-
Sales Tax Calculator
categories and explain in the space provided.
-
Sales Tax Forms
-
Tax Exempt Affidavit Forms
Line 3K - Other Deductions (List)
-
Tax Administration Code
Deduct all authorized non-taxable sales not included in above
categories and explain in the space provided.
(Over)
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