Kentucky Form 51A113 PDF Details

In a world where understanding tax obligations is crucial for both businesses and individuals, the Kentucky 51A113 form serves as an essential document for those who need to report use tax in the Commonwealth of Kentucky. Specifically designed for use by those not registered as retailers or consumers, this form plays a pivotal role in ensuring that the correct tax is remitted for tangible personal property, digital property, and extended warranty services purchased without paying Kentucky sales or use tax. Each section of the form is meticulously designed to capture detailed information about such purchases, including the date of sale, the price, and the seller's details, which underscores the importance of thorough record-keeping. Moreover, the form calculates the tax due, taking into consideration any potential compensation, penalties, or interest, which highlights the financial implications of timely and accurate filings. The comprehensive instructions on the reverse side of the form guide taxpayers through the process, from determining the tax rate to understanding the penalties for late filings, making it a valuable resource for ensuring compliance with Kentucky's tax laws. With deadlines established for submission, and specific requirements for remittance, the Kentucky 51A113 form emphasizes the critical nature of fulfilling tax obligations promptly and accurately to avoid financial penalties.

QuestionAnswer
Form NameKentucky Form 51A113
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesky 51a102, kentucky form ky 51a103, kentucky consumer use tax return fillable, kentucky sales taxd return 51a103

Form Preview Example

51A113(O) (9-21)

 

Read instructions on reverse

Commonwealth of Kentucky

CONSUMER’S USE TAX RETURN

before completing return.

DEPARTMENT OF REVENUE

 

 

 

For Month of _____________________ , 20____

Type or Print

 

 

Enter Applicable Number:

SSN __ __ __ – __ __ – __ __ __ __

FEIN __ __ – __ __ __ __ __ __ __

 

 

 

 

 

Name and

 

Name

 

 

 

 

 

 

Address

 

 

 

 

 

 

P.O. Box or Number and Street

 

 

 

 

 

 

 

 

City or Town

County

State

ZIP Code

 

 

 

 

Nature of

Important: An accurate description of your business is necessary.

 

 

Business

 

 

 

 

(if any)

 

 

 

 

 

 

 

 

 

List All Purchases of Tangible Personal Property, Digital Property, and Extended Warranty Services Subject to Use Tax

 

 

 

 

 

Date of

 

Sale Price of

 

Name and Address of Seller

 

Description of Property

 

Purchase

 

Property and Services

 

 

 

 

 

 

 

Purchased

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(If additional space is needed, see reverse.)

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

Total sale price of tangible personal property, digital property, and extended warranty

 

 

 

 

services subject to use tax

 

 

1

$

2.

Use tax (6% of Line 1)

 

 

2

 

 

 

 

3.

Compensation (1 3/4% of first $1,000 of tax, 1.5% over $1,000)

 

 

 

 

 

 

 

(see instructions) (Compensation shall not exceed $50)

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

 

 

3

 

4.

Tax due (Line 2 minus Line 3)

 

 

4

 

5.

Penalty (if any) (see instructions)

 

 

5

 

6.

Interest (if any) (see instructions)

 

 

6

 

7.

Total amount due and payable (total of Lines 4, 5 and 6)

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

 

 

7

$

 

 

 

 

 

 

 

 

I declare, under the penalties of perjury, that this return (including any accompanying schedules and statements) has been examined by me and to the best of my knowledge and belief is a true, correct and complete return.

Date

Taxpayer’s Signature

Make check payable to Kentucky State Treasurer.

Mail return with check to: Department of Revenue

Frankfort, Kentucky 40619

NOTICE

This form is to be filed only by persons or firms liable for use tax who are not: (1) registered consumers or (2) registered retailers. Registered consumers and retailers must use returns mailed to them by the Department, or filed electronically.

INSTRUCTIONS

Time and Place for Filing—A consumer’s use tax return is due 20 days following the month in which a purchase of tangible personal property, digital property, and extended warranty services is made upon which Kentucky sales or use tax has not been paid. The return together with remittance for the total amount due shall be mailed to the Department of Revenue, Frankfort, Kentucky 40619. Remittance should be made payable to the Kentucky State Treasurer.

Tax Rate—The use tax rate is 6 percent of the sales price of all tangible personal property, digital property, and extended warranty services purchased during the month without payment of sales tax.

Sale Price—This means the cost of the tangible personal property, digital property, and extended warranty services to the purchaser less any cash discount received, valued in money or otherwise.

Tangible Personal Property, Digital Property, and Extended Warranty Services—Tangible Personal Property means personal property that is tangible and movable such as mobile homes, campers, airplanes, lumber, clothing, tools, machines, furniture and all other types of goods and merchandise. Digital property means any of the following which is transferred electronically: digital audio works, digital books, finished artwork, digital photographs, periodicals, newspapers, magazines, video greeting cards, audio greeting cards, video games, electronic games and any digital code related to this property. Extended warranty services means services provided through a service contract agreement between the contract provider and the purchaser where the purchaser agrees to pay compensation for the contract and the provider agrees to repair, replace, support, or maintain tangible personal property or digital property according to the terms of the contract. Extended warranty services are only subject to use tax provided the service agreement is sold or extended after July 1, 2018, and the tangible personal property or digital property for which the service agreement is purchased is subject to tax under KRS 139 or KRS 138.460.

Completing the Return—List in the space provided all purchases of tangible personal property, digital property, and extended warranty services subject to use tax, and enter the total on Line 1. All tangible personal property, digital property, and extended warranty services purchased for storage, use or consumption without payment of Kentucky sales and use tax should be listed and included on Line 1.

Penalties and Interest—The penalty for failure to file a return by the due date is 2 percent of the tax for each 30 days or fraction thereof. The total late filing penalty shall not exceed 20 percent of the tax except when the percentage penalty would be less than $10. In such case the penalty shall be $10. Interest will apply to any late payments as provided by KRS 131.183. To calculate the interest, divide the annual interest percentage for underpayments (for 2018 6%) by 365 days and multiply the result by the number of days late times the tax amount. (Example: for 2021, .05/365 X “#” of days late X “$” tax amount.)

The penalty for failure to pay the tax within the time prescribed is 2 percent of the tax not timely paid for each 30 days payment is late—a minimum of $10 is imposed.

Compensation—Compensation is not allowable on any tax not paid on or before the due date. (Compensation shall not exceed $50.)

Additional Space for Listing Tangible Personal Property, Digital Property, and

Extended Warranty Services Subject to Use Tax

Name and Address of Seller

Description of Property

Date of

Purchase

Sale Price of

Property and Services

Purchased

$

Subtotal: Sale price of purchases (include in total on Line 1, front page) .............................................

$

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