Form Cu-7 - Virginia Consumer'S Use Tax Return For Individuals Worksheet
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1INSTRUCTIONS FOR COMPLETING FORM CU-7
VIRGINIA CONSUMER’S USE TAX RETURN FOR INDIVIDUALS
Taxable year, residence, name, address and social security
If your receipt shows a “handling” charge or “shipping and handling”
number
charge and does not separately state the amount for shipping,
include that amount in the total cost price. If your receipt shows a
Taxable year: Enter the taxable year for which you are filing this
separate charge for shipping or delivery, do not include that amount
return in the space provided in the top right corner of the return.
in the total cost price.
The taxable year will be the same as the taxable year on your
individual income tax return.
Line 2. Multiply line 1 above by 4.5% (.045) and enter the result.
If you are filing on a basis other than a calendar year (fiscal year),
Line 3. Penalty: No penalty is due if this return is filed with
then enter the beginning and ending fiscal month and year in the
payment by the due date. If a return is not filed or the tax is not
space provided at the top of the form.
paid by the due date, the penalty is 6% of the amount on line 2 for
each month or fraction of a month that the return and/or payment
City or county of residence: Enter the name of the city or county
are late. The minimum penalty is $10. The maximum penalty is
in Virginia where you legally reside(d) during the taxable year.
30% of the amount on line 2.
Social security number(s)/Name(s): Enter your social security
Line 4. Interest: No interest is due if payment is received by the
number, last name, first name, and middle initial in the spaces
due date. If payment is made after the due date, interest is
provided. Enter your spouse’s social security number, last name,
computed on the tax due on line 2 at the rate established in Section
first name and middle initial in the spaces provided if filing jointly.
6621 of the Internal Revenue Code, plus 2%. For assistance in
Address: Enter your address in the spaces provided. Include the
obtaining the correct interest rate factor on which to calculate the
nine-digit ZIP Code if known.
interest, contact the Virginia Department of Taxation at
(804) 367-8037.
Computing the consumer’s use tax
Line 5. Total Due: Add lines 2, 3 and 4 and enter the total. Attach
Line 1. Enter the total paid for purchases on which you were not
your check or money order for this amount to Form CU-7 when
charged sales tax and are required to file. For example, if you
filing. See “When and where to file” on front for additional
purchased furniture by mail and were not charged sales tax, enter
information. SIGN YOUR RETURN BEFORE FILING.
the cost of the furniture here. A worksheet is provided below to
assist you in listing these purchases as well as to keep a record
Date Form CU-7 filed . . . . . . . . . . . . . . . . .
______________
of your computations.
Paid with check or money order number . .
______________
Worksheet for completing Virginia Consumer’s Use Tax Return For Individuals. Keep this with your other important tax records.
Beginning
Ending
Calendar Year
_________ OR Fiscal Year
________
_________
Residence:
City or
County of_______________________
ITEM PURCHASED
COST PRICE
1. TOTAL COST PRICE of all items purchased during the
taxable year on which the consumer’s use tax is due . . . . . . .
______________
A. _________________________________
______________
B. _________________________________
______________
2. Consumer’s Use tax [Multiply line 1 by 4.5% (.045)] . . . . . . . .
_________ _____
C. _________________________________
______________
3. Penalty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
______________
D. _________________________________
______________
4. Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
______________
E. _________________________________
______________
5. Total Due (add lines 2, 3 and 4) . . . . . . . . . . . . . . . . . . . . . . .
______________
SIGN YOUR RETURN BEFORE FILING
TOTAL COST PRICE (Enter here and on line 1)
______________
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