Fillable Form 53-V - Vendor'S Use Tax Return (Page 3 of 3) in pdf

INSTRUCTIONS FOR COMPLETING THE VENDOR’S TAX RETURN

ayers who have questions or problems which are not covered in these

Taxp

instructions may obtain assistance by writing to Missouri Department of Revenue,

Line 3 — VENDOR’S USE TAX DUE: Enter total vendor’s use tax due. (Line 1

Taxation Division, P.O. Box 358, Jefferson City, MO 65105-0358; e-mailing

“minus” Line 2.)

salesuse@dor.mo.gov; phoning (573) 751-2836; or faxing (573) 751-9409. TDD

Line 4 — INTEREST FOR LATE PAYMENT: If tax is not paid by the due date,

(800) 735-2966

multiply Line 3 by the daily interest rate*. Then multiply this amount by number of

IMPORTANT: This return must be filed for the reporting period even though

days late. See example below.

you have no tax to report. Return only the front page and any other pages

Note: Number of days late is counted from due date to postmark date. For

on which you have reported information. If you are filing an amended or an

example, if the due date is March 20 and the postmark date is April 9, the payment

additional return, check the appropriate box. (Indicate the tax period for the return

is 20 days late. The following example is based on an annual interest rate of 5%

you are filing.) If typing your return information, please use a minimum of 10 point

and daily rate of .0001370.

type.

Example: Line 3 is $480

(A) $480 x .0001370 = .06576

REGISTRATION INFORMATION: To close a “reporting location”, draw a line

through the location and indicate the close date. New locations can be added

(B) .06576 x 20 days late = 1.32

in the blank lines following your preprinted “reporting location(s)”. To open a

$1.32 is the interest for late payment

“reporting location”, enter the city (if inside a city’s limits) and/or county of the new

*The annual interest rate is subject to change each year. You can access the

“reporting location”. Add only reporting locations of cities and/or counties that

annual interest rate on our web site at:

have imposed a local option use tax. Sales to Missouri purchasers located in a

Access to help you calculate the

city or county that has not imposed a local use tax must be reported on the State

appropriate interest.

Only line at 4.225%. If you have questions regarding tax rates or registration

changes, or need to obtain a Form 2643, Missouri Tax Registration Application,

Line 5 — ADDITIONS TO TAX: For failure to pay sales tax on or before the due

contact the Taxation Division, P.O. Box 3300, Jefferson City, MO 65105-3300 or

date, 5% of Line 3. For failure to file a sales tax return on or before the date, 5%

call (573) 751-5860, TDD (800) 735-2966.

of Line 3 for each month late up to a maximum of 25% (5 months late in filing =

VENDOR’S USE TAX LOCATIONS: Vendors whose sales to Missouri

25%).

purchasers are not subject to sales tax are subject to use tax. Report your sales

Note: If additions to tax for failure to file applies, do not pay additions to tax for

to customers located in every city, county, or district that has enacted a local use

failure to pay.

tax on a separate location on your use tax return. Report sales to customers that

For example, if a return due March 20 is filed any time between March 21– April 20,

are not located within a city, county, or district that has enacted a local use tax on

the rate would be 5%; if filed any time between April 21–May 20, the rate would be

a “STATE ONLY” line on your return at a rate of 4.225%. Report item taxes, such

10%; and so on, up to a maximum of 25%.

as the qualifying food tax, on a second line for each location. Clearly write the

Example: Return is due March 20, but is filed (postmarked) April 10

word “food” on that second line.

Line 3 is $480

CODE: Enter the city and county code of the location in which you made sales to

$480 x 5% = $24

purchasers subject to Missouri vendor’s use tax. The rates can be found on our

$24 is the additions to tax

rate tables at

Example: Return is due March 20, but is filed (postmarked) April 21

GROSS RECEIPTS: Enter gross receipts from all sales of tangible personal

Line 3 is $480

property and taxable services made during the reporting period for each business

$480 x 10% = $48

location. If none, enter “zero” (0).

$48 is the additions to tax

Access to help you calculate the appro-

ADJUSTMENTS: Add any qualifying adjustments or subtract nontaxable receipts

priate additions.

for each location for which you are reporting. Indicate “plus” or “minus” for each

adjustment.

Note: Instructions are updated periodically and provided on our

Line 6 — APPROVED CREDIT: Enter on Line 6, any sales tax credit for which the

web site at:

Director of Revenue issued you an approved credit. You can access the Online Credit

TAXABLE SALES: Enter the amount of taxable sales for each business location.

Inquiry System to determine if an overpayment exists on your Missouri sales tax

account at

GROSS RECEIPTS (+) OR (–) ADJUSTMENTS = TAXABLE SALES.

Line 7 — PAY THIS AMOUNT: Enter the total amount due and payable. (Line

R A T E : T h e r a t e p e r c e n t a g e m u s t i n c l u d e t h e c o m b i n e d s t a t e ,

3 “plus” Line 4 “plus” Line 5 “minus” Line 6). Send a check for the total amount.

conservation, parks and soils, and local option use tax rate for this “reporting

Make check, draft, or money order payable to Director of Revenue (U.S. funds

location”. TAX RATES FOR CITY “REPORTING LOCATIONS” INCLUDE ANY

only). Do not send cash or stamps. You may also pay electronically by accessing

APPLICABLE COUNTY LOCAL OPTION USE TAX. Vendors are responsible

our web site at

for collecting the correct local tax (where applicable) based on where the Missouri

If you report a portion of your tax on a cash basis (you report tax at the time

purchaser stores, uses, or consumes the tangible personal property.

p a y m e n t i s r e c e i v e d ) a n d y o u d o n o t r e c e i v e p a y m e n t f o r a

PAGE 1 TOTALS: Enter the total gross receipts, adjustments, taxable sales and

transaction until after a rate change occurs, you will need to report this sale

vendor’s use tax due for page 1.

differently from your other sales.

PAGE - TOTALS: Enter the total gross receipts, adjustments, taxable sales and

This type of transaction is considered a “time sale”. To report “time sales”: 1) Fill

vendor’s use tax due for other pages, if applicable.

out a separate return indicating on the return the filing period in which the sales

were actually made. 2) Write “Time Sales” on the face of the return. (If “time

Line 1 —VENDOR’S TOTALS: (All pages) Enter the total gross receipts, adjust-

sales” is not written on the return there is a possibility that the return could be

ments, taxable sales and vendor’s use tax due for all pages.

processed as a late filed additional return.) 3) Calculate the tax due using the rate

Line 2 — TIMELY PAYMENT ALLOWANCE: If you file your return and

that was in effect at the time of the sale and include that rate on the return.

pay ment on time, enter two percent (2%) of the amount shown on Line 1.

If not paid by the due date or Line 1 is not greater than “zero”, enter “0” or leave

blank.

Taxpayer Assistance Numbers

Jefferson City — (573) 751-7191

Cape Girardeau — (573) 290-5850

St. Louis — (314) 877-0177

For taxability/exemption questions,

Kansas City — (816) 889-2944

Springfield — (417) 895-6474

St. Joseph — (816) 387-2230

contact: salesuse@dor.mo.gov

Toll Free Number for Forms

Internet

Joplin — (417) 629-3070

For changes to your business account,

(800) 877-6881

contact:

businesstaxregister@dor.mo.gov

Individuals with speech/hearing impairments may call TDD (800) 735-2966 or fax (573) 526-1881.

FORM 53-V (01-2011)

Form 53-V - Vendor'S Use Tax Return Page 3

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