Publication 774 - Purchaser'S Obligations To Pay Sales And Use Taxes Directly To The Tax Department Questions And Answers - Nys Department Of Taxation And Finance Page 16
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must calculate the exact amount of tax due using the exact calculation
method.
Note: You may not use the sales and use tax chart for royalty activity or
rental real estate activity-related purchases, or for business-related purchases.
You must use the exact calculation method.
Motor vehicles, trailers, or boats
See Question #7 on page 13 for the special rules regarding a motor vehicle,
trailer, or boat that must be registered or titled by the New York State
Department of Motor Vehicles.
10. When and how
If you are not filing a New York State income tax return
do you, as an
individual,
If you are an individual, estate, or trust that is a New York resident for sales
and use tax purposes and you are not filing a New York State personal
estate, or trust,
income tax return or fiduciary income tax return, you must pay any sales and
pay the tax to the
Tax Department
use tax you owe by filing Form ST-140, Individual Purchaser’s Annual
if you are not
Report of Sales and Use Tax, for the period covered by your tax year for
filing a
federal income tax purposes. Form ST-140 is due on the date your federal
New York State
income tax return is due, without regard to extensions of time to file. If no
federal income tax return is required to be filed, Form ST-140 is due on the
income tax
date your federal return would have been due, without regard to extensions
return?
of time to file.
What you report and pay on the ST-140
You must report and pay your sales or use tax liability on your ST-140 for:
• your personal purchases;
• purchases related to your royalty activities or rental real estate activities
that would be reported in Part I of Federal Schedule E, and;
• purchases related to your Federal Schedule C, C-EZ, or F business (not
otherwise eligible for exemption) unless the business is registered or
required to be registered for sales tax purposes.
Methods of calculating the amount of tax due
The sales and use tax chart
When reporting and paying your sales or use tax on Form ST-140, the
instructions offer two methods to calculate your tax. For personal
purchases of items or services costing less than $1,000 each, excluding
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