Fillable Form Urt-1 - Indiana Utility Receipts Tax Return

Completing Form URT-1

from their gross receipts an amount equal to $1,000.

This amount is prorated if the taxpayer’s tax period is

Complete all pertinent information at the top of the

shorter than one year. An affiliated group that files a

return.

consolidated return is entitled to only one deduction.

Please use the correct legal name of the corporation

Line 9. Enter the bad debts from utility receipts of an

and its current mailing address. For foreign addresses,

accrual basis taxpayer in the same manner that the

please note the following:

bad debt is calculated under IC 6-2.5-6-9.

• Be sure to enter the name of the city, town, or

village in the box labeled City;

Line 10. Enter the amount of depreciation deduction

• Be sure to enter the name of the state or

for an Indiana resource recovery system if a federal

province in the box labeled State; and

deduction has been claimed. The deduction is allowed

• Be sure to enter the postal code and the 2-digit

if the resource recovery system processes solid or

country code in the box labeled ZIP Code.

hazardous waste. The amount of deduction is prorated

based on the total deduction allowed multiplied by the

For a name change, check the box at the top of the

percentage attributed to the tax year if the taxpayer is

return and enclose with the return copies of amended

filing a short-year URT-1 return.

Articles of Incorporation or an Amended Certificate

of Authority filed with the Indiana Secretary of State.

Note: The deduction is prohibited if the taxpayer has

The federal identification number shown in the box

been convicted of any criminal violations under IC 13.

must be correct. Enter your principal business activity

code number in the designated box under the federal

Line 11. Deduct the receipts exempt from taxation

identification number. Use the six-digit business

under IC 6-8.1-15 and the Mobile Telecommunications

activity code, derived from the North American

Sourcing Act (4 U.S.C. 116 et seq.).

Industry Classification System (NAICS), as reported

on the federal income tax return. You can find a listing

Line 12. Enter the amount included in gross receipts

of these codes at

paid by the taxpayer during the period for the return of

an empty container of the type customarily returned

List the Indiana county for your primary business

by the buyer of the contents for reuse as a container.

location within the state. Enter “00” in the county

box for addresses outside Indiana. Check all boxes on

Line 13. Enter sales of bottled water or gas to the

the front of the return that apply to the entity. If an

extent that the purchase of the water or gas was

extension of time to file applies to you, check box L.

previously taxed and treated as a retail transaction

under IC 6-2.3-3-6.

Line-by-Line Instructions

Note: Please round all entries to the nearest whole

Line 14. Total deductions. Add lines 8 through 13.

dollar amount. Also, please do not use a comma in

dollar amounts of four digits or more. For example,

Line 15. Indiana taxable utility receipts. Subtract line

instead of entering “3,455” you should enter “3455. ”

14 from line 7. The amount entered may not be less

than zero.

Lines 1 through 6. Enter the total taxable receipts by

category for the period from the beginning until the

Line 16. Utility receipts tax due. Multiply the amount

end of your taxable year. Do not enter any negative

on line 15 by 1.4 percent.

figures.

Line 17. Sales/use tax due. If you are not required to

Line 7. Add lines 1 through 6.

file Form IT-20, IT-20S, IT-20NP, IT-65, FIT-20, or

ST-103, report any sales or use tax on this line. Use the

Line 8. Enter the amount of taxpayer deductions.

worksheet on page 6.

Each taxable year a taxpayer is entitled to deduct

Form Urt-1 - Indiana Utility Receipts Tax Return - 2014 Page 5

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