Form E-500 at a glance
What it is: Form E-500 is the Sales and Use Tax Return of the North Carolina Department of Revenue.
Where and when to file: Mail to: P.O. Box 25000, Raleigh, NC 27640-0700.
A filled-in Form E-500 example: a business reports one month of sales on Lines 4 and 8
How to fill out Form E-500, box by box
Legal Name and Street Address
Enter the Legal Name (First 24 Characters), the Street Address, and the City, State and Zip Code (5 Digit).
Period Beginning, Period Ending and Account ID
Enter the Period Beginning and the Period Ending as MM-DD-YY.
Enter the Account ID.
North Carolina Gross Receipts
On Line 1, enter North Carolina Gross Receipts. Do not include tax collected.
On Line 2, enter Sales for Resale, and do not include them on Line 3, Receipts Exempt From State Tax.
Tax Type and Rate
Lines 4 to 7 are Purchases for Use + Receipts x Rate = Tax: 4.75% on Line 4, Gen. State Rate; 3% on Line 5, 3% State Rate; 4.75% on Line 6, Modular & Mfg. Homes; 2% on Line 7, 2% Food Rate.
Lines 8 to 12 are Purchases for Use + Receipts x Rate = Tax: 2% on Line 8, 2% County Rate (See Instructions); 2.25% on Line 9, 2.25% County Rate; 0.5% on Line 10, 0.5% Transit County Rate; 0.25% on Line 11, 0.25% Transit County Rate; 1% on Line 12, 1% Additional County Rate.
Total Tax and Total Due
On Line 13, enter the Total State and County Tax: add Tax From Lines 4 through 12.
On Line 14, enter Excess Collections.
On Line 15, enter the Total Tax: add Lines 13 and 14.
Enter Penalty - State and County on Line 16 and Interest - State and County on Line 17.
On Line 18, enter the Prepayment for This Period; on Line 19, enter the Prepayment for Next Period.
On Line 20, enter any Credit and attach an explanation.
On Line 21, enter the Total Due: add Lines 15 - 17 and 19, minus Lines 18 and 20.
Signature, Date, Title and Phone
Sign at Signature, and enter the Date, Title and Phone.
Common questions about Form E-500
What is an E500 form?
Form E-500 is the Sales and Use Tax Return of the North Carolina Department of Revenue. It has Purchases for Use, Receipts, a Rate and Tax for each Tax Type.
Where do I file it?
Mail to: P.O. Box 25000, Raleigh, NC 27640-0700.
What am I certifying when I sign?
Your Signature certifies that, to the best of your knowledge, this return is accurate and complete.
Sources
[1] Form E-500 (Web-Fill 7-26), Sales and Use Tax Return, North Carolina Department of Revenue (the Official source link on this page).
