Instructions For Form Tc-20mc - 2011 (Page 8 of 15) in pdf

Line 8 – Total Refundable Credits

Worksheet for Computing Utah Use Tax

and Prepayments

(Retain this worksheet for your records)

Add lines 5 through 7.

1. Amount of purchases (except grocery food)

Line 9 – Tax Due

subject to use tax ................................................. $ _ _ ____ _ _

If line 4 is larger than line 8, subtract line 8 from line 4.

2. Use tax rate (decimal from chart) ........................ x . _ _ _ _

3. Multiply line 1 by line 2 ......................................... $ _ _ _ ___ _ _

Line 10 – Penalties and Interest

4. Amount of grocery food purchases

Enter any penalties and interest that apply to this

subject to use tax ................................................. $ _ _ _ ___ _ _

return.

5. Multiply line 4 by .03 ............................................ $ _ _ _ ___ _ _

6. Add line 3 and line 5 ............................................ $ _ _ _ ___ _ _

Line 11 – Pay This Amount

Add line 9 and line 10. Make check or money order

7. Credit for sales tax paid to another state

on use tax purchases ........................................... $ ( __ _ _ _ _ _ )

payable to the Utah State Tax Commission. Do not

8. Use tax due (subtract line 7 from line

6)___________

mail cash. The Tax Commission assumes no liability

If less than zero, enter “0” .................................... $ _ _ _ ___ _ _

for loss of cash placed in the mail.

Line 12 – Overpayment

If line 8 is larger than line 4, subtract line 4 from line 8.

You may take a credit for sales or use tax paid to another

state (but not a foreign country). If the other states’ tax

Line 13 – Amount of Overpayment to be

rate is lower than Utah’s, you must pay the difference. If

Applied to Next Taxable Year

the other states’ tax rate is more than Utah’s, no credit

All or part of any overpayment shown on line 12 may

or refund is given. If sales tax was paid to more than

be applied as an advance payment for the next tax

one state, complete the worksheet on page 6 for

year. Enter the amount to be applied (may not exceed

each state. Add lines 8 on all worksheets and enter

the overpayment on line 12).

the total on line 3.

Sales and use tax rates vary throughout Utah. Use

Line 14 – Refund

the chart on page 5 to get the rate for the location

Subtract line 13 from line 12. This is the amount to be

where the merchandise was delivered, stored, used or

refunded to you.

consumed. Use the county tax rate if the city is not listed.

Line 15 – Quarterly Estimated Prepayments

Grocery food bought through the Internet or catalog is

Meeting Exception

taxed at 3%.The grocery food must be sold for ingestion

Check any boxes corresponding to the four quarters

or chewing by humans and consumed for the substance’s

to which a federal penalty exception applies. Refer to

taste or nutritional value. The reduced rate does not apply

Prepayment Requirements in the General Instructions

to alcoholic beverages or tobacco. See Publication 25

for exceptions to the penalty on underpayments. Attach

at tax.utah.gov/forms for more information.

supporting documentation.

Enter use tax of $400 or less. If the amount is over

$400, you must get a sales and use tax license and

Signature and Date Line

pay the use tax on a sales and use tax return.

Sign and date the return. A refund will not be allowed

Line 4 – Total Tax

without a signature.

Add line 2 and line 3.

Paid Preparer Authorization

Line 5 – Refundable Credits

Enter the total of the refundable credits listed on

If the corporation wants to allow the Tax Commission

Schedule B.

to discuss their 2011 return with the paid preparer

who signed it, enter an “X” in the box on the right side

Line 6 – Prepayments from Schedule E

of the signature area of the return where indicated.

A refundable credit is allowed for advance payments made

This authorization applies only to the individual whose

as quarterly estimated tax payments, prepayments and

signature appears in the Paid Preparer Section of the

extension payments (form TC-559). Include any overpay-

return. It does not apply to the ﬁ rm, if any, shown in

ment from a prior year that was applied to this year. Enter

that section. If you enter an “X” in the box, the corpo-

the prepayments on Schedule E and carry the total from

ration is authorizing the Tax Commission to call the

line 4 of Schedule E to line 6 of the TC-20MC.

paid preparer to answer any questions that may arise

during the processing of the return. The paid preparer

Line 7 – Amended Returns Only

is also authorized to:

This line is only for amended returns. Enter the amount

of tax paid with the original return and/or subsequent

• give the Tax Commission any information that is

payments made prior to ﬁ ling this amended return,

missing from the return,

less any previous refunds (exclude refund interest).

• call the Tax Commission for information about the

A net refund should be entered as a negative amount

processing of the return or the status of any refund

(preceded by a minus sign).

or payment(s), and

Page 6

Instructions For Form Tc-20mc - 2011 Page 8

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