Form S-012c - Worksheet For Wisconsin Sales And Use Tax Return (Page 2 of 6) in pdf

Line 4. Other: Enter the total amount of allowable deductions

Line 7b. County sales tax: Begin by completing Column A on

included in gross receipts. Examples include:

Schedule CT, on the back of this return. Enter in this column, in

the applicable counties, the amount of taxable receipts (gross

• State, county, and stadium sales tax charged to customers which is

receipts less applicable deductions) included in line 6 which are

included in line 1, but only if the customer was notified that tax was

also subject to the county tax.

charged. This information should be obtained from your records,

not by multiplying the amount on line 1 by the tax rate.

Transfer the total receipts subject to county tax from the back

of the return, Column A, to the gray shaded box on line 7b.

• Trade-in allowances and cash discounts allowed on taxable

Multiply this amount by .005 and enter the resulting county

sales.

sales tax on line 7b.

• Refunds or credits for returned merchandise, if the sale of such

merchandise was reported as a taxable receipt on a prior return

Line 7c. Stadium sales tax: Enter the amount of taxable receipts

or this return and the tax was refunded to the purchaser.

(gross receipts less applicable deductions) included in line 6

which are also subject to the stadium tax (Milwaukee, Ozaukee,

• Bad debts on taxable sales, charged off for income tax or

Racine, Washington, and Waukesha counties) for this period in

franchise tax purposes, if your sales are reported on the accrual

the gray shaded box on line 7c. Multiply this amount by .001 and

basis.

enter the resulting stadium sales tax on line 7c.

• Tax paid purchases resold for other than exempt sales. (For

example, Company A purchases materials, paying sales tax at

Line 8. Total sales tax: Add amounts on lines 7a, 7b, and 7c and

the time of purchase. Prior to making any use of these materials,

enter the total on line 8.

Company A makes a taxable sale of these materials. Company

A must include the selling price of this sale in its gross receipts,

Line 9. Discount: The retailer’s discount, effective for “periods

but it may take a deduction for its purchase price of the

covered” after January 1, 1997, is computed as follows:

materials, less tax, on line 4.)

If line 8 is less than $10, the discount is the amount on line 8. (Note:

• 2% bingo gross receipt tax.

Even though this may result in no sales tax due, the return must still

• Local exposition taxes (room, food and beverage, rental car)

be filed by the due date.) If the amount on line 8 is from $10 to

and premier resort area taxes.

$2,000, the discount is $10. If the amount on line 8 is greater than

$2,000, the discount is .005 times the amount on line 8.

• Rental vehicle fee.

The retailer’s discount is only allowed on timely reported and paid

Line 5. Total deductions: Add the amounts on lines 2 through 4

sales tax. A return is considered timely filed and the tax timely paid

and enter the total on line 5.

only when all of the following conditions are met: it is mailed in

a properly addressed envelope with the postage duly prepaid; the

Line 6. State taxable receipts: Subtract line 5 from line 1 and

envelope is postmarked on or before the due date; and it is received

enter the result on line 6.

by the department within 5 days of the due date.

Line 7a. State sales tax: Multiply the amount on line 6 by 5%

Line 10. Net sales tax: Subtract line 9 from line 8 and enter the

(.05) and enter the result on line 7a.

result on line 10.

RECEIPTS SUBJECT TO COUNTY AND STADIUM

PURCHASES SUBJECT TO STATE USE TAX

SALES TAX

Wisconsin use tax is imposed on the purchase price of taxable

Even if you are not located in one of the counties that imposes a

tangible personal property or services that are used, stored, or

county tax (taxable county), or in the stadium district (Milwaukee,

consumed in Wisconsin, upon which a Wisconsin sales or use tax

Ozaukee, Racine, Washington, and Waukesha counties) you may

has not previously been paid. Examples include:

still be subject to the county or stadium tax if you deliver property,

perform taxable services, or are in some other way engaged in

• Property to be used in Wisconsin is purchased outside the state

business in a taxable county or in the stadium district.

and the property would have been subject to sales tax if

purchased in Wisconsin.

Sales of tangible personal property and services that are subject to

• Property is purchased for resale (to sell to others) or for a

the 5% state sales or use tax are also subject to both the 0.5%

nontaxable use and is then used by the purchaser in a taxable

county and 0.1% stadium sales or use tax if the sale takes place in

manner. No sales tax was paid when purchasing the property.

a taxable county or the stadium district and you are engaged in

business in the taxable county or stadium district. If sales of

• Property is purchased and later furnished free of charge to the

property and services are exempt from the 5% state tax, they are

buyer’s customers. No sales tax was paid when purchasing the

also exempt from the county and stadium tax.

property.

Note: Dealers of motor vehicles, boats, snowmobiles, mobile

Credit for state taxes paid in another state

homes 45 feet or less in length, trailers, semi-trailers, all-terrain

vehicles, and aircraft, must also collect a 0.5% county and a 0.1%

If you properly paid state sales or use tax to another state on

purchases of tangible personal property or taxable services, a

stadium tax on property which must be registered or titled with the

State of Wisconsin when that property is customarily kept in a

special computation is required to claim credit for the tax paid to

taxable county or in the stadium district. (CAUTION: This applies

the other state. A “measure of tax” must be determined if the other

state’s tax rate is less than 5%. Determine the “measure of tax” by

to all dealers of motor vehicles, boats, etc., regardless of where the

dealer is located.)

multiplying the net state use tax liability by 20. The net state use

Form S-012c - Worksheet For Wisconsin Sales And Use Tax Return Page 2

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