73A525 06 16 MONTHLY REPORT Commonwealth of Kentucky of Revenue Ky Form
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People also ask
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What is subject to sales tax in KY?
Sales Tax is imposed on the gross receipts derived from both retail sales of tangible personal property, digital property, and sales of certain services in Kentucky. Use Tax is imposed on the purchase price of tangible personal property, digital property purchased for storage, use or other consumption in Kentucky.
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Who is exempt from sales tax in Kentucky?
Tax-exempt customers Some customers are exempt from paying sales tax under Kentucky law. Examples include government agencies, some nonprofit organizations, and merchants purchasing goods for resale. Sellers are required to collect a valid exemption or resale certificate from buyers to validate each exempt transaction.
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Do I need a sales tax permit in Kentucky?
In general, you need a sales tax permit in Kentucky if you have physical presence or meet economic nexus requirements.
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How to file KY sales and use tax?
You may file electronically via Kentucky E-tax, or via a paper return issued by the department. The department mails a unique paper return to each account for each respective filing period. The return mailed by the department or a form from a pre- approved forms provider, must be used if filing by paper.
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How do I amend my sales tax return in KY?
Option 1: Sign into your eFile.com account, modify your Return and download/print the KY Form 740 (residents) or 740-NP (nonresidents or part-year residents) under My Account. Mark the "Amended" check box, sign the form, and mail it to one of the addresses listed below.
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How do I report sales tax in KY?
You have two options for filing and paying your Kentucky sales tax: File online – File online at the Kentucky Department of Revenue. You can remit your payment through their online system. ... AutoFile – Let TaxJar file your sales tax for you. We take care of the payments, too.
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How do I check my Ky state tax return?
To obtain a previous year(s) refund status, please call (502) 564-4581 to speak to an examiner. Prior year and amended return processing may require in excess of 20 weeks to complete.
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What is the consumer use tax return form in Kentucky?
Consumer Use Tax Return - Form 51A113(O) may be filed during the year each time you make taxable purchases. You can report and pay use tax on an annual basis at the same time you file your Kentucky individual income tax return.
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