Form 4261 - C-104b Declaration Of Cigarettes In Inventory Stamped For Another State (Page 2 of 2) in pdf

Form 4261, page 2

Instructions for Completing Form 4261,

C-104B: Declaration of Ending Inventory of Stamped Cigarettes for Another State

Line 6. Enter the name of the state that you are providing

This schedule along with the return must be filed

Assistance

the stamped cigarette inventory for.

You may contact the Tobacco Taxes Unit in the following

each month by all Michigan Licensed Wholesalers of

Cigarettes. A return must be filed even if you do not

Columns 7 through 9. Enter the ending physical inventory

ways: Phone: (517) 636-4630; Fax: (517) 636-4631;

have any tax due. In this instance simply check the “no

of all other states’ stamped cigarettes by denomination.

e-mail: treas_tobaccotaxes@michigan.gov. Mailing

tax due” box on the WC-100, sign the return and send it

Lines 10 and 11. Enter the ending physical inventory

address: Michigan Department of Treasury, Special Taxes

to the department.

of all other state’s tribal stamped cigarettes by

Division, Tobacco Taxes, P.O. Box 30474; Lansing, MI

48909-7974.

denomination.

How to Complete This Schedule

Due Date

This is an informational form only. Do not carry totals to

Information and forms are available at

form WC-100. If you have more than one location that

Your return is due 20 days after the close of the month. To

stamps for another state indicate the branch location code

be filed timely, a return must be postmarked on or before

.gov/tobaccotaxes.

which is the State of Michigan Tobacco Taxes License

the 20th of the month following the reporting period.

License Cancellation

number. Also submit a separate schedule for each state’s

See WC-100 or AC-100 forms for instructions.

Late filed Returns

stamped cigarette inventory.

Returns which are not timely filed are subject to the

Name/Address/Ownership Changes

Schedule Descriptions

See WC-100 or AC-100 forms for instructions.

following statutory charges:

1. No tax due return $10.00 a day up to $400.00.

Schedule C-104b: This schedule is to be used to record

Mailing Address

all stamped cigarettes in inventory at the end of the month

2. Interest on tax due accrues at 1% above current prime

Mail completed return and schedules with the appropriate

rate; adjusted on 1/1 and 7/1 each year.

belonging to another state. Must also include all unsalable

payment to:

Michigan Department of Treasury

cigarettes still in inventory.

3. Penalty is 5% of tax due if not more than 2 months late

P.O. Box 77628

Line 1. Enter your business name as it appears on the

with an additional 5% penalty for each additional month

Detroit, MI 48277

tobacco tax license.

or fraction of month late. Maximum penalty 25%.

Line 2. Enter the account number (FEIN, TR or ME

Assembling Your Return for Mailing

Number) that appears on your tobacco tax license.

Assemble the supporting schedules that you attach to

Line 3. Enter the license number from your state of

your return (WC-100) in ascending numerical order (i.e.

Michigan Tobacco Products License.

C-101, C-102, etc.).

Line 4. Enter the tax period for which you are reporting

Record Keeping

(i.e.01/2005).

You must keep a complete copy of your return and all

Line 5. Enter the branch code if you have more than one

records pertaining to your business for at least four years.

location that submits its tax information under the same

The records must be kept in a place and manner easily

account number. The branch code is the State of Michigan

accessible for review by department representatives.

License number assigned to the branch.

Form 4261 - C-104b Declaration Of Cigarettes In Inventory Stamped For Another State Page 2

Related Articles

Related forms

Related Categories