Form Worksheet E - Lawful Gambling Combined Net Receipts Tax - 2012

Download a blank fillable Form Worksheet E - Lawful Gambling Combined Net Receipts Tax - 2012 in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Form Worksheet E - Lawful Gambling Combined Net Receipts Tax - 2012 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

ADVERTISEMENT

E
Worksheet E — Lawful Gambling Combined Net Receipts Tax
Use this Worksheet E beginning July 1, 2012.
Complete this worksheet to determine if you owe tax on combined net receipts . Report gambling activity from July 1 through
June 30 of the next year . Start over at zero each July 1 . Keep this worksheet to use when completing next month’s Worksheet E .
Do not mail it to the Minnesota Department of Revenue.
Federal ID number (FEIN)
Minnesota tax ID number
License number
Organization name
Month/year reported
1 Interest and other income (from this month’s Form G1, line 5, Column C) . . . . . . . . . . . . . . . . . . . . . . . 1
2 Receipts from electronic linked bingo games (from this month’s Form G1, line 6, Column C) . . . . . . . . 2
3 Receipts from tipboard games (from this month’s Form G1, line 7, Column C) . . . . . . . . . . . . . . . . . . . . 3
4 Receipts from paper pull-tab games (from this month’s Form G1, line 8, Column C) . . . . . . . . . . . . . . . 4
5 Receipts from electronic pull-tab games (from this month’s Form G1, line 9, Column C) . . . . . . . . . . . . 5
6 Add lines 1 through 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
7 Amount from last month’s Worksheet E, line 8 (enter zero if this is the July Worksheet E) . . . . . . . . . . . 7
8 Add lines 6 and 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9 Go to the table below to determine the tax for line 8 and enter it here (if line 8 is negative, enter zero) 9
10 Amount from last month’s Worksheet E, line 9 . (enter zero if this is the July Worksheet E) . . . . . . . . 10
11 Combined net receipts tax due (subtract line 10 from line 9. If the result is negative, enter zero) . . 11
Enter the result here and on this month’s Form G1, line 12 .
Combined Net Receipts Tax Table
If line 8 is:
subtract from
multiply
over
but no more than
line 8
result by
add
$0
$87,500
9% ( .09)
$0
$87,500
$122,500
$87,500
18% ( . 1 8)
$7,875
$122,500
$157,500
$122,500
27% ( .27)
$14,175
$157,500
$157,500
36% ( .36)
$23,625
Enter the result on line 9 above .
(Rev . 1/13)

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go