Bus 415 Form – Fill Out and Use This PDF

The Bus 415 form is officially recognized as the County Business Tax Return by the Tennessee Department of Revenue. It is designed for business owners within Tennessee to report and pay taxes accrued from operating a business in the state. Should you be preparing to fulfill your business tax obligations, you can start by filling out the Bus 415 form available by clicking the button below.

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Bus 415 Form PDF Details

Navigating the complexities of business taxes in Tennessee requires familiarity with specific forms, one of which is the BUS 415 form, issued by the Tennessee Department of Revenue. This form serves as the County Business Tax Return, a crucial document for businesses operating within the state lines. It outlines the necessary details for filing period accounts, FEIN/SSN/TIN, business license numbers, and the due date—crucial elements for correctly filing taxes. The form also advises on where payments should be directed, in this case, to the Tennessee Department of Revenue, along with providing contact information for taxpayer services should assistance be needed. Particularly noteworthy is the provision for marking the return as an amended return or for a closed business, indicating the form’s versatility in accommodating various business scenarios. Furthermore, it delves into the specifics of taxable gross sales calculations, potential deductions, and clarifies the tax rates applicable to retailers versus wholesalers, emphasizing the need for accurate reporting to avoid penalties. Deductions can range from sales of services performed out of state to bad debts written off, each with its criteria for eligibility. Understanding the intricacies of the BUS 415 form is essential for any business looking to remain compliant with Tennessee’s taxation laws, highlighting the importance of meticulously recording and reporting business transactions.

Question	Answer
Form Name	Bus 415 Form
Form Length	2 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	30 sec
Other names	tn bus415, tnnessee form bus 415, tn department of revenue business form 415, tn bus 415

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TENNESSEE DEPARTMENT OF REVENUE

COUNTY BUSINESS TAX RETURN

Filing Period

Account No.

FEIN/SSN/TIN

Business License No.

BUS

415

Due Date

Location Address

Make your check payable to Tennessee

Department of

Revenue and mail to:

Tennessee Department of Revenue

Classification

Andrew Jackson State Office Building

500 Deaderick Street

Nashville, Tennessee 37242

Should you need assistance, please contact

Name: _________________________________________________________

the Taxpayer Services Division by calling

our statewide numbers:

1-800-342-1003

or (615) 253-0600.

Address: _________________________________________________________

(Address to which returns should be mailed)

If this is an AMENDED RETURN,

}

please check the box at right

City: ________________________________ State: _____

Zip: __________

If this is a return for a CLOSED

}

business, please check the

box at right.

Character of Seller (Select one only):

WholesalerRetailer

Business tax jurisdiction for which return is being filed:

(Name of county)

Note: A taxpayer located within a city may be required to file two business tax returns. Please see the instructions for more information.

				ROUND TO NEAREST DOLLAR
1.	Total gross sales (Excluding sales tax)		(1)		.00

2.	Enter deductions from Schedule A, Line 18		(2)		.00
3.	Taxable gross sales (Subtract Line 2 from Line 1)		(3)		.00
4.	Business tax (Retailers multiply Line 3 by _________; Wholesalers multiply Line 3 by _________.)				.00
	(If rate is not preprinted, refer to chart on reverse)			(4)

					%
5.	Deduct amount of personal property taxes (cannot exceed 50% of Line 4)			(5)	.00

					%
6.	Total tax due (Subtract Line 5 from Line 4. Enter result or $22, whichever is greater)			(6)	.00

					%
7.	Enter credit	memo balance		(7)	.00

8.	Penalty (See	instructions)		(8)	%.00

					%
9.	Interest (	% per annum on taxes unpaid by the due date; see instructions)		(9)	.00

10.	Total amount due (Add Lines 6, 8, and 9; subtract Line 7)				%.00
	(Make checks payable to the Tennessee Department of Revenue)			(10)

FOR OFFICE USE ONLY

I declare this is a true, complete, and accurate return to the best of my knowledge.

SIGN

HERE

	President or other Principal Officer, Partner or Proprietor	Date
SIGN
HERE
HERE	Tax Return Preparer and Title	Date
	Tax Return Preparer and Title	Date

RV-R0012301

INTERNET (07-09)

Schedule A. Deductions from Gross Sales
1. Sales of services substantially performed in other states	(1)
2. Returned merchandise when the sales price is refunded to the customer	(2)
3. Sales in interstate commerce where the purchaser takes possession outside Tennessee for use or
consumption outside Tennessee	(3)
consumption outside Tennessee
4. Cash discounts allowed and taken on sales	(4)
	(4)
5. Repossessions - The portion of the unpaid principal balance in excess of $500 due on tangible per-
sonal property repossessed from customers	(5)
sonal property repossessed from customers
6. The amount allowed as trade-in value for any articles sold	(6)
7. Bad debts written off during the reporting period and eligible to be deducted for federal income tax
purposes	(7)

8.Amounts paid by a contractor to a subcontractor holding either a business license or contractor's license for performing activities described in Tenn. Code Ann. Section 67-4-708(4)(A). Must

complete Schedule B and file with the return	(8)

Federal and Tennessee privilege and excise taxes:

(Note: All deductions must have adequate records maintained to substantiate deductions claimed or they will be disallowed.)

9. Federal and Tennessee gasoline tax		(9)
9. Federal and Tennessee gasoline tax		(9)
10.	Federal and Tennessee motor fuel tax	(10)
10.	Federal and Tennessee motor fuel tax	(10)
11.	Federal and Tennessee tobacco tax on cigarettes	(11)


12. Federal and Tennessee tobacco tax on all other tobacco products		(12)


13.	Federal and Tennessee beer tax	(13)
13.	Federal and Tennessee beer tax

14.	Tennessee special tax on petroleum products	(14)


15. Tennessee liquified gas tax for certain motor vehicles
			(15)





16.	Tennessee beer 17% wholesale tax	(16)
16.	Tennessee beer 17% wholesale tax	(16)
17. Other deductions not taken elsewhere on the return		(17)


	(Specify)


18. Total Deductions. Add Lines 1 through 17. Enter here and in Page 1, Line 2		(18)

.00

CLASSIFICATION	RETAILER RATES	WHOLESALER RATES	TAX PERIOD	DUE DATE
Class 1A	0.001	0.00025	January 1 - December 31	February 28
Class 1B & 1C	0.001	0.000375	January 1 - December 31	February 28
Class 1D	0.0005	Not applicable	January 1 - December 31	February 28
Class 2	0.0015	0.000375	April 1 - March 31	May 31
Class 3	0.001875	0.000375	July 1 - June 30	August 31
Class 4	0.001	Not applicable	October 1 - September 30	November 30
Class 5	0.003	Not applicable	January 1 - December 31	February 28

INTERNET (07-09)

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