Form 53-V - Detailed Instructions For Department Preprinted Vendor'S Use Tax Return

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DETAILED INSTRUCTIONS FOR DEPARTMENT PREPRINTED VENDOR’S USE TAX
RETURN FORM 53-V
Business Identification: The Missouri Tax I.D. Number, owner’s name, business name, mailing address, reporting period, and tele-
A
phone number are preprinted at the top of the return. Correct any wrong information and add any information that is missing.
Address Correction: Check the box if
B
you are correcting your mailing address.
Enter the correct address in the business
identification area.
Business Location: This page lists up to
C
thirteen registered locations in which you
have a history of making sales. The first
location is for sales to Missouri locations
that have not imposed a local use tax and
A
B
is designated as either Sales No Local or
State Only with a rate of 4.225% in the
rate column.
If you have more than thirteen loca-
tions into which you make Missouri sales
C
D
subject to Missouri vendor’s use tax, they
E
G
F
H
I
will be listed on additional pages titled
“Vendor’s Use Tax Return--Registered
Locations”.
If you make sales to a
Missouri city or county that imposes a
local option use tax not listed on your
return, add them to the return.
Code: This code is the combination of the
D
city code, county code and a site code for
each location into which you make sales
subject to vendor’s use tax. The codes are
already preprinted in this column.
J
J
J
J
Gross Receipts: Enter the gross receipts
K
K
K
K
E
from all sales of tangible personal
L
L
L
L
property shipped from out-of-state into
M
Missouri that were made during the
N
period for each reporting location.
If
O
none, enter “0” (zero).
P
Adjustments:
Make authorized
Q
F
adjustments for each business loca-
tion for which you are reporting
R
sales. Indicate “+” or “–” for the total
adjustment claimed.
S
Taxable Sales: Enter the amount of tax-
G
able sales for each reporting location. To
determine this amount, use the following
formula:
Gross receipts (+) or (–) Adjustments
must equal taxable sales
Rate: The percentage rate indicated in this column represents the combined state, education, conservation, parks and soils, and
H
local option use tax for this “reporting location”. Tax rates for city reporting locations include the applicable county use tax rate.
Vendors are responsible for collecting the correct local tax (where applicable) based on where the Missouri purchaser stores, uses
or consumes the tangible personal property.
Amount of Tax: Multiply the taxable sales of each business location by the tax rate indicated for that location and enter
I
AMOUNT OF TAX due for each business location. Compute totals for each column on each page of the return.
Vendor’s Totals (Page 1): Enter total gross receipts, adjustments, taxable sales and vendor’s use tax due for Page 1.
J
Vendor’s Total (Additional Pages): Enter total gross receipts, adjustments, taxable sales and vendor’s use tax for additional
K
pages (if applicable).
1
53-V INS (12-2010)

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