If the use tax rate is greater than 4. If the use tax rate is 4. You may be required to use both Lines A and B of the Form if goods are delivered to different locations during the calendar year.
Compile a list of purchases made during the year for which you have not previously paid Missouri sales or use tax. This information is available from invoices, bills, credit card statements, cancelled checks, etc. Smith located in a Missouri city and county that does not impose a local use tax, purchases cleaning supplies from two companies, Company X and Company Y. Company X and Company Y are both located in Iowa, and do all their business in Missouri strictly by mail order.
During October , Mr. Both companies delivered the cleaning supplies to Mr. Company X is registered with the Department of Revenue and collects the use tax on Mr. Company Y is not registered, does not collect the tax, and does not file a return with the state of Missouri.
The Department, is no longer printing and mailing these forms to businesses. Returns can be conveniently filed electronically through our MyTax Missouri Portal.
If you are not yet registered for this service, you can file as a guest user. This service also provides up to date account statuses, as well as easily accessible copies of returns filed through this system.
Paper filings can still be completed using forms found online on the Department's website, but may result in a delay in processing time. Your filing frequency is reviewed by the Department of Revenue on an Annual basis. If this review indicates that your filing frequency should be changed, the change will be made and notification will be sent to you.
Note: It is very important you keep your address information current with the department. Monthly returns are due on or by the 20th of the following month, except on quarter ending months.
For example, your monthly February return is due on or before March The due dates listed on the chart below for quarterly returns, should be followed when filing quarter ending months such as March, June, September, and December. Quarterly returns are due on or before the last day of the month following the end of the quarter.
For example, your return for the January through March period would be due on or before April Annual vendor's use tax returns are due on or before January 31 of the next year. Annual consumer's use tax returns are due on or before April 15 of the next year. When the due date falls on a Saturday, Sunday or state of Missouri holiday, the return is due the next business day.
Download a copy of our current tax year calendar indicating due dates for all tax types. When the due date falls on a Saturday, Sunday, or a holiday, your return will be considered timely filed if it is postmarked by the next business day.
Every business registered for use tax is required to file a return even though no sales or purchases were made during the period covered by the return. Negative taxable sales or purchases cannot be filed for a location on the return. When the credits allowed are greater than the tax collected, an amended return and Seller's Claim for Sales or Use Tax Refund or Credit Form S must be filed for the period in which the sales or purchases were originally filed.
When the credits allowed are greater than the tax collected, an amended return and Purchaser's Claim Under Section Gross receipts equal the total amount of sales your business had for the period in which you are filing the return. Taxable sales equal the total amount of sales your business had for the period in which you are filing the return plus or minus any sales on which you did not collect use tax.
These are claimed in the adjustments column of your return. Note:Your taxable sales should always equal your gross receipts plus or minus any adjustments. Every vendor must file a use tax return showing the amount of taxable sales to his or her customers, as required by law. The amount of use tax collected should not be included in your gross receipts. If the use tax is included in your gross receipts, it should be backed out. Note: A record of the adjustment claimed on each return must be maintained in your files.
The Department of Revenue will review this information if you are audited. On all vendor's use tax returns filed and paid by the required due date, you are granted a 2 percent timely payment allowance. Take the amount of tax due times 2 percent. Then subtract this amount from the amount of tax due. Your use tax return is considered timely if it is postmarked on or before the required due date. If a metered postmark differs from the U. Postal Service postmark, the U.
Postal Service postmark will be used as evidence of timely filing. Vendors may be required to collect and remit any local taxes that are due to a Missouri political subdivision that has imposed the local option use tax. In the past, all use tax transactions could be reported as one location. With the implementation of the local option use tax, these vendors are required to separately report their transactions by delivery location.
Page one of your use tax return, with more than one page, is used to report your total vendor's and consumer's use tax. The location codes on the return do not account for special taxing districts.
Missouri and some local tax statutes impose special tax rates for the sale of certain items, such as food and qualifying sales tax holiday items. All item taxes in the new system will be listed on a separate line represented by a special numeric item code. The chart below contains the special item taxes by the current code, the new code, and the description moving forward. Other location types such as the sale of domestic utilities and jet fuel will now also have a separate item code.
On the new return these will continue to display on a separate line, but will also include a numeric item code. The chart below lists these items and their respective codes:. The Department generated site code is uniquely assigned to each reporting location.
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