Form Urt-1 - Indiana Utility Receipts Tax Return - 2012 Page 5
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8Completing Form URT-1
shorter than one year. An affiliated group that files a
consolidated return is entitled to only one deduction.
Complete all pertinent information at the top of the
return.
Line 9. Enter the bad debts from utility receipts of an
accrual basis taxpayer in the same manner that the
Please use the correct legal name of the corporation
bad debt is calculated under IC 6-2.5-6-9.
and its current mailing address. For foreign addresses,
please note the following:
Line 10. Enter the amount of depreciation deduction
• Be sure to enter the name of the city, town, or
for an Indiana resource recovery system if a federal
village in the box labeled City;
deduction has been claimed. The deduction is allowed
• Be sure to enter the name of the state or prov-
if the resource recovery system processes solid or
ince in the box labeled State; and
hazardous waste. The amount of deduction is prorated
• Be sure to enter the postal code and the 2-digit
based on the total deduction allowed multiplied by the
country code in the box labeled ZIP Code.
percentage attributed to the tax year if the taxpayer is
filing a short-year URT-1 return.
For a name change, check the box at the top of the
return and enclose with the return copies of amended
Note: The deduction is prohibited if the taxpayer has
Articles of Incorporation or an Amended Certificate
been convicted of any criminal violations under IC 13.
of Authority filed with the Indiana Secretary of State.
The federal identification number shown in the box
Line 11. Deduct the receipts exempt from taxation
must be correct. Enter your principal business activity
under IC 6-8.1-15 and the Mobile Telecommunica-
code number in the designated box under the federal
tions Sourcing Act (4 U.S.C. 116 et seq.).
identification number. Use the six-digit business activ-
ity code, derived from the North American Industry
Line 12. Enter the amount included in gross receipts
Classification System (NAICS), as reported on the fed-
paid by the taxpayer during the period for the return of
eral income tax return. You can find a listing of these
an empty container of the type customarily returned
codes at
by the buyer of the contents for reuse as a container.
List the Indiana county for your primary business
Line 13. Enter sales of bottled water or gas to the
location within the state. Enter “O.O.S. ” in the county
extent that the purchase of the water or gas was previ-
box for addresses outside Indiana. Check all boxes on
ously taxed and treated as a retail transaction under
the front of the return that apply to the entity. If an
IC 6-2.3-3-6.
extension of time to file applies to you, check box L.
Line 14. Total deductions. Add lines 8 through 13.
Line-by-Line Instructions
Note: Please round all entries to the nearest whole dol-
Line 15. Indiana taxable utility receipts. Subtract line
lar amount. Also, please do not use a comma in dollar
14 from line 7. The amount entered may not be less
amounts of four digits or more. For example, instead
than zero.
of entering “3,455” you should enter “3455. ”
Line 16. Utility receipts tax due. Multiply the amount
Lines 1 through 6. Enter the total taxable receipts by
on line 15 by 1.4 percent.
category for the period from the beginning until the
end of your taxable year. Do not enter any negative
Line 17. Sales/use tax due. If you are not required to
figures.
file Form IT-20, IT-20S, IT-20NP, IT-65, FIT-20, or
ST-103, report any sales or use tax on this line. Use the
Line 7. Add lines 1 through 6.
worksheet on page 8.
Line 8. Enter the amount of taxpayer deductions.
Line 18. List the estimated utility receipts tax pay-
Each taxable year a taxpayer is entitled to deduct
ments (Form URT-Q) made for the taxable year.
from their gross receipts an amount equal to $1,000.
This amount is prorated if the taxpayer’s tax period is
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