Form St 7R PDF Details

The St 7R form encompasses a broad spectrum of essential details that individuals and businesses must provide when reporting the sale or purchase of a motor vehicle or trailer. It's designed to ensure that the correct sales or use tax is applied to the transaction, capturing information such as the name and address of the buyer, the seller's details, and specific vehicle identifiers—including the make, model, year, and vehicle identification number. Additionally, the form includes vital calculations that determine the taxable sales price, taking into account any trade-ins, manufacturer's rebates, and excise taxes for new vehicles. Part A of the form is intended for sales conducted by licensed motor vehicle dealers and includes steps to account for gross sales price, adjustments, and the resulting sales tax. Part B addresses sales by non-dealers, focusing on the gross sales price and the applicable use tax. Part C is dedicated to capitalized cost reductions, typically relevant in lease agreements. Lastly, the form requires signatures and declarations from both the purchaser and the seller, ensuring that all information provided is accurate and verified. This comprehensive approach facilitates a clear and straightforward tax reporting process for motor vehicle transactions.

QuestionAnswer
Form NameForm St 7R
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesmass st 7r form, ma st 7r, st 7r, massachusetts st 7r

Form Preview Example

sss DrRv

Form ST-7R

r i Cr ys r Us x

Name of purchaser/business

First name (rir

for individuals) Federal Identification number

Social Security number (rir

for individuals)

 

 

 

 

 

 

Mailing address

 

 

 

 

 

 

 

 

 

 

 

City/Town

 

 

State

Zip

 

 

 

 

 

 

 

Fill in if:

 

 

 

 

 

Business

Sole proprietor

Individual

 

 

 

 

 

 

 

Model year of motor vehicle or trailer sold

Make of trailer or vehicle

Model name

 

 

 

 

 

 

 

Type

 

 

Vehicle Identification number

Date of sale (mm/dd/yyyy)

 

Part A. Sale by licensed motor vehicle dealer. Required by dealer.

1

. . . . . . . . . . . . . . . . . . . . . . . . . . . .Gross sales price

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . 1

 

2

Manufacturer’s excise (section 4061(A) of IRC) (only if new motor vehicle)

. . . . . . . . . . . . . 2

 

 

3

Trade-in allowance (if any)

 

. . . . . . . . . . . . . 3

 

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

 

 

 

 

 

 

 

Model year

Make of traded-in vehicle

Vehicle Identification number

 

 

 

 

 

4

Manufacturer’s rebate . . .

 

. . . . . . . . . . . . . 4

 

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

 

5 Total adjustments. Add lines 2 through 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

6 Taxable sales price. Subtract line 5 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

7 Sales tax. Multiply line 6 by .0625 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

Part B. Sale by person other than motor vehicle dealer

1 Gross sales price

1

2 Use tax. Multiply line 1 by .0625 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Part C. Capitalized cost reduction

1 Taxable capitalized cost reduction

1

2 Sales tax. Multiply line 1 by .0625 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Declaration

rsi rs r s rry

 

is s ri i r

 

r i vry rr

 

 

 

 

 

 

 

 

 

Firm name of purchaser (if any)

 

Signature

Date

Title

 

 

 

 

 

 

 

 

 

Firm name of seller (if any)

 

License number (if dealer)

 

 

 

 

 

 

 

 

 

 

 

 

Signature of seller

 

Title

Sales/use tax registration no. ir ir)

 

 

 

 

 

 

 

 

 

Mailing address

 

City/Town

State

Zip

 

 

 

 

 

 

 

 

Submit this return with payment in full to sss DrRv Bx Bs

 

Make check or money order

payable to C sss

File this return online at ssvssx

.

 

 

 

x yr r v s riv

 

is i is s vri ssssy

 

DrRv

rs ir i rsi sssi ris

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Approved by Department of Revenue representative

 

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rev. 3/18

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In an effort to complete this PDF form, ensure you enter the information you need in every single area:

1. Begin filling out the st7r form with a group of major blanks. Note all the information you need and make sure there's nothing neglected!

form st 7r use completion process detailed (part 1)

2. Right after performing this part, head on to the subsequent stage and enter the essential details in these fields - Part B Sale by person other than, Use tax Multiply line by, Part C Capitalized cost reduction, Sales tax Multiply line by, Declaration The undersigned, Firm name of purchaser if any, Signature, Date, Title, Firm name of seller if any, License number if dealer, Signature of seller, Mailing address, Title, and CityTown.

Stage # 2 of filling in form st 7r use

3. Throughout this part, have a look at Approved by Department of Revenue, Date, and Rev. Each of these need to be completed with highest awareness of detail.

Date, Approved by Department of Revenue, and Rev of form st 7r use

Always be very mindful while completing Date and Approved by Department of Revenue, as this is the part in which many people make mistakes.

Step 3: Proofread everything you've inserted in the form fields and then press the "Done" button. Try a 7-day free trial account with us and gain immediate access to st7r form - download, email, or edit from your FormsPal account page. If you use FormsPal, you're able to complete forms without being concerned about personal data breaches or records being shared. Our secure platform helps to ensure that your personal details are kept safe.