Contractor'S Excise Tax Return Worksheet
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1
2License Number ______________________________
Return Period ________________________________
DEPARTMENT OF REVENUE
Date Filed ___________________________________
Amount Paid ________________________________
CONTRACTORS’ EXCISE TAX RETURN
Check Number _______________________________
WORKSHEET/INSTRUCTIONS
This worksheet is for your records only.
Be careful to transfer the correct figures to the actual tax return.
Additional worksheets can be obtained by contacting your nearest Department of Revenue office.
1.
GROSS RECEIPTS (Do NOT deduct out any tax before reporting your gross receipts.)
1.
The Gross Receipts figure must include any receipts received during the reporting period by the contractor
for performing a realty improvement in the state of South Dakota.
2.
2.
OWNER FURNISHED MATERIALS (this does NOT apply to projects for qualifying utilities)
The Owner Furnished Materials figure includes the total value of all materials used by the contractor for
the realty improvement that the owner personally furnished. (Prime & Subs)
3.
TOTAL
3.
Add Lines 1 + 2.
4.
SUBCONTRACTOR RECEIPTS (prime contractor exemption certificates cannot be given to
4.
subcontractors working on projects for qualifying utilities)
Enter the total gross receipts figure paid to you by the prime contractor when you have been
furnished with a prime contractors’ exemption certificate for that specific project, other than
projects for utilities. NOTE: Even if you do all subcontract work, you must file a return.
5.
RESERVATIONS
5.
Realty improvements made on the Cheyenne River, Pine Ridge, Rosebud or Standing Rock Indian
Reservations are subject to excise tax. Receipts resulting from a realty improvement on the aforementioned
reservations must be included in Lines 1 and/or 2 and transferred to the city/reservation tax portion on the
reverse side of the original excise tax return.
6.
STATE EXCISE TAXABLE
6.
Subtract Lines 4 and 5 from Line 3.
7.
GROSS RECEIPTS SUBJECT TO 2% EXCISE
7.
(This section includes gross receipts from projects for qualifying utilities bid on or after July 1, 1995. Both
prime contractors and subcontractors are liable for the tax on gross receipts from projects for qualifying
utilities.)
Enter the total gross receipts which are subject to 2% contractors’ excise tax.
(Line 3 less Lines 4 and 5)
8.
8.
2% EXCISE TAX DUE
Multiply Line 7 by 2% (.02).
9.
9.
N/A
10.
10. N/A
11. TOTAL EXCISE TAX DUE
11.
Enter same amount as Line 8.
12. 4% SALES/USE TAXABLE
12.
Enter construction materials, equipment, office supplies and services used and consumed during this period
when sales tax was not paid to the vendor at the time of purchase. Also, any taxable retail sales or services
performed during this period if you do not have a sales tax license.
Examples: snow removal, lawn care or consulting service.
13. 4% SALES/USE TAX DUE
13.
Multiply Line 12 by 4% (.04).
A return MUST be filed even if no tax is due.
(cont. on reverse side)
CTWS 6/01
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