E 500 Form PDF Details

Understanding the E-500 form is a journey into the heart of North Carolina's sales and use tax reporting system. This form, designed by the North Carolina Department of Revenue, plays a pivotal role for businesses operating within the state’s jurisdiction. At its core, the E-500 Sales and Use Tax Return form is a bridge between businesses and the tax authorities, facilitating a structured and legal means for declaring taxable activities. With sections dedicated to North Carolina gross receipts, sales for resale, and various exceptions and exemptions, it opens up a dialogue between the taxpayer and the state. From the general state rate to more specific categories like modular homes, manufactured homes, and different taxation rates on food, each section is meticulously laid out to capture the nuances of taxable transactions. Additionally, its design to calculate the total state and county tax, account for excess collections, and even outline penalties and interests showcases an all-encompassing approach to tax reporting. Completing the picture, provisions for prepayments and credits against the tax due demonstrate the form's role in streamlining the financial relationship between businesses and the government. Thus, the E-500 form stands as a testament to the structured approach towards sales and use tax collection in North Carolina, ensuring compliance and facilitating a smoother governance of tax liabilities.

QuestionAnswer
Form NameE 500 Form
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesnc sales tax form e 500, form e500, form e 500, nc sales and use tax form e 500

Form Preview Example

E-500

Sales and Use Tax Return

Web-Fill

North Carolina Department of Revenue

10-14

4

PRINT

CLEAR

Legal Name (First 24 Characters)

 

Period Beginning (MM-DD-YY)

 

 

Street Address

 

Period Ending (MM-DD-YY)

 

 

Account ID

City

State

Zip Code (5 Digit)

 

 

 

1.North Carolina Gross Receipts

(Do not include tax collected)

2.Sales for Resale (Do not include on Line 3 below)

3.Receipts Exempt From State Tax

0.00

0.00

0.00

Tax Type

Purchases for Use

Receipts

Rate

Tax

4.

Gen. State Rate

0.00 +

5.

3% State Rate

0.00 +

6.

Modular Homes

0.00 +

7.

Mfg. Homes

0.00 +

8.

2% Food Rate

0.00 +

9.

2% County Rate

0.00 +

 

See Instructions

10.

2.25% County Rate

0.00 +

11.

0.5% Transit

0.00 +

 

County Rate

12.

0.25% Transit

0.00 +

 

County Rate

13.Total State and County Tax (Add Tax From Lines 4 through 12)

14.Excess Collections

15.Total Tax (Add Lines 13 and 14)

16.Penalty - State and County

17.Interest - State and County

18.Less Prepayment for This Period

19.Prepayment for Next Period

20.Less any Credit (Attach Explanation)

21.Total Due (Add Lines 15 - 17 and 19, Minus Lines 18 and 20)

0.00

x 4.75% =

0.00

0.00

x

3%

=

0.00

0.00

x 4.75% =

0.00

0.00

x 4.75% =

0.00

0.00

x

2%

=

0.00

0.00

x

2%

=

0.00

0.00

x 2.25% =

0.00

0.00

x

0.5%

=

0.00

0.00

x 0.25% =

0.00

 

 

 

 

0.00

 

 

 

 

0.00

 

 

 

 

0.00

 

 

 

 

0.00

 

 

 

 

0.00

 

 

 

 

0.00

 

 

 

 

0.00

 

 

 

 

0.00

 

 

$

0.00

Signature:

Date:

I certify that, to the best of my knowledge, this return is accurate and complete.

Title:

Phone:

 

MAIL TO: P.O. Box 25000, Raleigh, NC 27640-0700

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part 1 to filling out nc e500

Type in the information in the Modular Homes, Mfg Homes, Food Rate, County Rate See Instructions, County Rate, Transit County Rate Transit, Total State and County Tax Add Tax, Excess Collections, Total Tax Add Lines and, Penalty State and County, Interest State and County, and Less Prepayment for This Period field.

nc e500 Modular Homes, Mfg Homes, Food Rate, County Rate See Instructions, County Rate, Transit County Rate  Transit, Total State and County Tax Add Tax, Excess Collections, Total Tax Add Lines  and, Penalty  State and County, Interest  State and County, and Less Prepayment for This Period fields to fill out

It is vital to provide some details in the segment Prepayment for Next Period, Less any Credit Attach Explanation, Total Due Add Lines and Minus, Signature I certify that to the, Date, Title, and Phone MAIL TO PO Box Raleigh NC.

nc e500 Prepayment for Next Period, Less any Credit Attach Explanation, Total Due Add Lines    and  Minus, Signature I certify that to the, Date, Title, and Phone MAIL TO PO Box  Raleigh NC blanks to complete

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