Form Boe 65 PDF Details

Form Boe 65 is an important document for businesses in Illinois. This form is used to report the gross receipts and compensations of business owners and employees. It's important to file this form on time so that the state can properly assess taxes. Make sure you're familiar with the requirements for Form Boe 65 so that you can file accurately and on time.

QuestionAnswer
Form NameForm Boe 65
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namescloseout information, closeout account closing, notice of closeout, california boe 65

Form Preview Example

CDTFA-65 (FRONT) REV. 34 (1-20)

STATE OF CALIFORNIA

NOTICE OF CLOSEOUT

CALIFORNIA DEPARTMENT OF TAX AND FEE ADMINISTRATION

INSTRUCTIONS: Please provide the following information to assist us in closing your account(s), releasing security, or issuing an escrow clearance. If you have a seller’s permit, before completing this form, you should refer to a copy of the California Department of Tax and Fee Administration (CDTFA) publication 74, Closing Out Your Account. Publication 74 contains important information about closing out your permit. If you have any questions, please call our Customer Service Center at 1-800-400-7115 (CRS:711).

SECTION I: ACCOUNT INFORMATION

NAME

 

ACCOUNT NUMBER(S)

 

 

 

CURRENT ADDRESS (street address)

 

DAYTIME TELEPHONE NUMBER

 

 

(

)

 

 

 

CITY

STATE

ZIP CODE

 

 

 

 

SECTION II: CLOSEOUT INFORMATION (see back for instructions)

1.

Date business was closed

 

 

 

 

2.

Did you make any purchases for your own use using your seller’s permit? YES

NO

 

If YES, did you pay tax on those purchases to:

a. your vendor

b. the CDTFA

 

3.

If applicable, remaining inventory, purchases for resale, or purchases from out-of-state vendors without payment of tax were:

 

a. Sold and Reported on Final Return

b. Retained

c. Included in an Audit

d. Donated to

 

e. Sold for Resale (Purchaser’s Account Number:

 

 

)

f. Other

 

 

 

4.

Do you have a prepaid Mobile Telephony Services (MTS) account? YES

NO

 

 

a.Date you discontinued selling prepaid phone cards and/or services

b.If you qualify as a small seller, date you want your account closed out

5.Your forwarding address and telephone number

6.Location of your books and records

7. Was the business sold? YES

NO

a.Date the business was sold

b.Total sales price $

c.Name, address, and telephone number of the purchaser

d. Did you sell the fixtures and equipment (F&E)? YES

NO

e. Selling price of F&E $

 

If no, proceed to line h.

f. Did the sale of F&E occur at the place of business that was sold? YES

NO

g.If not, provide address for the place of business where the sale took place

Note: If you sold your fixtures and equipment, even if you did not sell your business, you must include the selling price of these items on your final return under “Purchases Subject to Use Tax”.

h.Escrow number

i.Name, address, and telephone number of escrow company

SECTION III: SIGNATURE

SIGNATURE

PRINT NAME AND TITLE

DATE

CDTFA-65 (BACK) REV. 34 (1-20)

NOTICE OF CLOSEOUT

SECTION IV: LIST OF ITEMS NEEDED FOR CLOSEOUTS

The following items may be needed to finalize the closing of your account(s), the releasing of any posted security, or issuing of an

escrow clearance.

Payments of any other outstanding balances due.

Your final tax return with payment (if a return is not available, call 1-800-400-7115 [CRS:711]). Payment of any amounts due must be made in certified funds in order to expedite finalizing your transaction. If you are required to make payments by Electronic Funds Transfer (EFT), you must also make your final payment through the EFT process.

A copy of your escrow instructions or bill of sale showing the value of inventory, fixtures, and equipment sold.

Send this completed form and your supporting documents to:

California Department of Tax and Fee Administration

Customer Service Center

PO Box 942879

Sacramento, CA 94279-0090

SECTION V: INSTRUCTIONS

If the items listed below do not pertain to your closeout and you have completed Sections I and II, and signed in Section III, send this document to the appropriate CDTFA office. See publication 74 for a list of CDTFA office locations.

Small Sellers–A “small seller” is a prepaid MTS seller (other than a telecommunication service supplier) who made less than the

annual threshold of sales of prepaid MTS in the previous calendar year. Beginning January 1, 2017, small sellers are no longer required to charge and collect the prepaid MTS surcharge from their customers. For sellers that have more than one location, the sales of prepaid wireless services and products from all locations must be used to determine their annual sales. Small sellers are responsible for maintaining records to show that their annual sales are below the annual threshold.

Location of your books and records–The location of your books and records is important for audit purposes. Audits are important because they protect the state against an underpayment and protect the taxpayer against an overpayment.

Copy of your escrow instructions or bill of sale–These documents show the value of inventory, fixtures, and equipment sold. If a sale of fixtures and equipment is not considered at the date of closeout, a subsequent single sale of the fixtures may be treated as an occasional sale. The single sale of fixtures and equipment subsequent to the date of closeout is taxable if either:

1.The sale occurs within 60 days of the date of closeout and the taxpayer cannot establish that the sale was not contemplated at the time of closeout; or

2.The sale takes place after 60 days and within one year of the closeout date, and:

a.A contract of sale existed at the date of closeout, or

b.A lease with an option to buy exists, or

c.Arrangements have been made for a plan to sell the fixtures and equipment in due course.

If these items are not provided, the CDTFA must wait 30 days before refunding any security deposits posted and/or closing your account. If you need assistance in providing any of the items listed above, contact your nearest CDTFA office for detailed instructions.

FOR CDTFA USE ONLY

Is registration information current?

YES

NO

F&E?

YES

NO

Is a final return filed?

 

 

 

 

 

YES

NO

Inventory?

YES

NO

Was a final return provided to taxpayer?

YES

NO

Is the documentation attached?

YES

NO

Are there any delinquencies?

YES

NO

Unapplied payment?

YES

NO

 

 

 

 

 

 

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Completing part 1 of form closeout form

2. When the previous segment is complete, you should put in the needed details in d Did you sell the fixtures and, If no proceed to line h, Note If you sold your fixtures and, h Escrow number, i Name address and telephone, SECTION III SIGNATURE, SIGNATURE, PRINT NAME AND TITLE, and DATE so that you can progress further.

form closeout form writing process shown (portion 2)

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