Download Nevada Sales Tax Template Open Editor Now

Download Nevada Sales Tax Template

The Nevada Sales Tax form is a critical document used by sellers of tangible personal property in the state. This form, officially known as the Combined Sales and Use Tax Return, ensures that businesses comply with state tax regulations by reporting their sales and use tax liabilities. If you are a seller, it is essential to fill out this form accurately and submit it on time to avoid penalties.

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Nevada Sales Tax Example

NEVADA DEPARTMENT OF TAXATION

TID No:001-TX-

COMBINED SALES AND USE TAX RETURN

-

This return is for use by sellers of tangible personal property. If you are not a seller or no longer sell, you must notify the Department of Taxation.

MAIL ORIGINAL TO: STATE OF NEVADA - SALES/USE

PO BOX 52609

PHOENIX AZ 85072-2609

For Department Use Only

Return for period ending

Due on or before

Date paid

IF POSTMARKED AFTER DUE DATE, PENALTY AND INTEREST WILL APPLY. If your business name or address has changed, please contact the Call Center at (866) 962-3707 as soon as possible to update your account with the Department.

 

 

 

A RETURN MUST BE FILED EVEN IF NO SALES AND/OR USE TAX LIABILITY EXISTS

 

 

 

 

 

SALES TAX

 

 

 

 

 

 

 

USE TAX

 

ENTER AMOUNTS IN

 

 

 

 

 

 

 

 

 

CALCULATED

 

 

AMOUNT

 

 

 

CALCULATED

COUNTY OF SALES/USE

 

TOTAL SALES

EXEMPT SALES

TAXABLE SALES TAX RATE

 

 

SUBJECT TO

TAX RATE

(OR COUNTY OF

 

TAX

 

 

TAX

DELIVERY)

 

 

 

 

 

 

 

 

 

 

 

USE TAX

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TAX CALCULATION

 

 

COLUMN A

- COLUMN B

= COLUMN C

x COLUMN D

 

= COLUMN E

 

 

COLUMN F

x COLUMN G

 

= COLUMN H

FORMULA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

01 CHURCHILL

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

02 CLARK

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

03 DOUGLAS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

04 ELKO

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

05 ESMERALDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

06 EUREKA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07 HUMBOLDT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

08 LANDER

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

09 LINCOLN

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10 LYON

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11 MINERAL

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

12 NYE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13 CARSON CITY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

14 PERSHING

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

15 STOREY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

16 WASHOE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17 WHITE PINE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTALS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

18a.

 

 

 

 

 

 

18b.

 

 

18. TOTAL CALCULATED SALES (18a) AND USE (18b) TAX

SUM OF COLUMN E

 

 

 

 

SUM OF COLUMN H

 

 

 

 

 

 

 

 

19.

 

 

 

 

 

 

19. ENTER COLLECTION ALLOWANCE FOR TIMELY FILING (LINE 18a x 0.25% or 0.0025)

 

 

 

COLLECTION ALLOWANCE IS FOR SALES TAX ONLY

20. NET SALES TAX (LINE 18a - LINE 19)

 

 

 

20.

 

 

 

THERE IS NO COLLECTION ALLOWANCE FOR USE TAX

 

 

 

 

 

 

 

 

 

 

 

 

I HEREBY CERTIFY THAT THIS RETURN INCLUDING ANY ACCOMPANYING SCHEDULE AND

21. NET SALES AND USE TAX (LINE 20 + LINE 18b)

 

21.

 

 

STATEMENTS HAS BEEN EXAMINED BY ME AND TO THE BEST OF MY KNOWLEDGE AND BELIEF

22.

PENALTY (LINE 21x

)

 

 

22.

 

 

IS A TRUE, CORRECT AND COMPLETE RETURN. RETURN MUST BE SIGNED.

 

 

 

 

 

 

23. INTEREST (See instructions for current rate and calculation)

23.

 

 

 

 

 

 

 

 

 

 

 

 

ENTER NAME OF PERSON

 

 

 

 

24. PLUS LIABILITIES ESTABLISHED BY THE DEPARTMENT

24.

 

 

SIGNING RETURN

 

 

 

 

 

 

 

 

 

 

 

 

 

 

25. LESS CREDIT(S) APPROVED BY THE DEPARTMENT

25.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

26. TOTAL AMOUNT DUE AND PAYABLE

 

26.

 

 

SIGNATURE OF TAXPAYER OR AUTHORIZED AGENT

 

 

 

27. TOTAL AMOUNT REMITTED WITH RETURN

 

27.

 

 

 

 

 

 

 

 

 

 

 

 

 

TITLE

PHONE NUMBER (WITH AREA CODE)

 

 

FEDERAL TAX ID NUMBER (EIN OR SSN)

DATE

MAKE CHECKS PAYABLE TO:

NEVADA DEPARTMENT OF TAXATION

To e-mail, save this form to your computer and e-mail the attachment to nevadaolt@tax.state.nv.us with the subject of 'Sales and Use Tax Return'. Your email, including attachments, cannot exceed10 MB.

Sales/Use Tax Return

TXR-01.01c

Revised 1/6/2016

COMBINED SALES AND USE TAX RETURN INSTRUCTIONS

This return is for use by sellers of tangible personal property registered with the Department

A RETURN MUST BE FILED EVEN IF NO TAX LIABILITY EXISTS

LINES 1 THROUGH 17

COLUMN A: TOTAL SALES - On the appropriate county line, enter the amount of all sales (excluding the sales tax collected) related to Nevada business including (a) cash sales; (b) conditional sales; (c) sales exempt from tax.

COLUMN B: EXEMPT SALES - Enter that portion of your sales not subject to tax, i.e., sales (a) for which you receive a resale certificate; (b) to Federal Government, State of Nevada, its agencies, cities or counties and school districts; (c) to religious or charitable organizations for which you have copies of exemption letters on file; (d) newspapers of general circulation published at least once a week; (e) animals, seeds, annual plants and fertilizer, the end product of which is food for human consumption; (f) motor vehicle or special fuels used in internal combustion or diesel engines; (g) wood, presto logs, pellets, petroleum, gas and any other matter used to produce domestic heat and sold for home or household use; (h) prescription medicines dispensed pursuant to a prescription by a licensed physician, dentist or chiropodist; (i) food products sold for home preparation and consumption; (j) out-of-state sales.

.

COLUMN C: TAXABLE SALES - Total Sales (Column A) - Exempt Sales (Column B) = Taxable Sales (Column C).

COLUMN E: CALCULATED TAX - Taxable Sales (Column C) × Tax Rate (Column D) = Calculated Tax (Column E).

COLUMN F: AMOUNT SUBJECT TO USE TAX - On the appropriate county line, enter (a) the purchase price of merchandise, equipment or other tangible personal property purchased without payment of Nevada tax (by use of your resale certificate, or any other reason) and that was stored, used or consumed by you rather than being resold. NOTE: If you have a contract exemption, give contract exemption number.

COLUMN H: CALCULATED TAX - Amount Subject to Use Tax (Column F) × Tax Rate (Column G) = Calculated Tax (Column H).

LINE 18A Enter the total of Column E.

LINE 18B Enter the total of Column H.

LINE 19 Take the Collection Allowance only if the return and taxes are postmarked on or before the due date as shown on the face of this return. If not postmarked by the due date, the Collection Allowance is not allowed. To calculate the Collection Allowance multiply Line 18a × 0.25% (or .0025). NOTE: Pursuant to NRS 372.370, the Collection Allowance is applicable to Sales Tax only.

LINE 20 Subtract Line 19 from Line 18a and enter the result.

LINE 21 Add Line 20 to Line 18b and enter the result.

LINE 22 If this return is not submitted/postmarked and taxes are not paid on or before the due date as shown on the face of this return, the amount of penalty due is based on the number of days the payment is late per NAC 360.395 (see table below). The maximum penalty amount is 10%.

Number of days late

Penalty Percentage

Multiply by:

 

 

 

1 - 10

2%

0.02

 

 

 

11 - 15

4%

0.04

 

 

 

16 - 20

6%

0.06

 

 

 

21- 30

8%

0.08

 

 

 

31 +

10%

0.10

 

 

 

Determine the number of days late the payment is, and multiply the net tax owed (Line 21) by the appropriate rate based on the table to the left. The result is the amount of penalty that should be entered. For example, if the taxes were due January 31, but not paid until February 15. The number of days late is 15 so the penalty is 4%. The penalty and interest amounts are automatically calculated for you if this form is completed on your computer.

LINE 23 To calculate interest, multiply Line 21 x 0.75% (or .0075) for each month payment is late.

LINE 24 Enter any amount due for prior reporting periods for which you have received a Department of Taxation billing notice.

LINE 25 Enter amount due to you for overpayment made in prior reporting periods for which you have received a Department of Taxation credit notice. Do not take the credit if you have applied for a refund. NOTE: Only credits established by the Department may be used.

LINE 26 Add Lines 21, 22, 23, 24 and then subtract Line 25 and enter the result.

LINE 27 Enter the total amount paid with this return.

Complete and detailed records of all sales, as well as income from all sources and expenditures for all purposes, must be kept so your return can be verified by a Department auditor.

YOU MUST COMPLETE THE SIGNATURE PORTION BY TYPING IN THE NAME OF THE PERSON SIGNING THE RETURN AND MAIL TO: Nevada Department of Taxation, PO Box 52609, Phoenix, AZ 85072-2609 or drop off at your

local office.

DO NOT SUBMIT A PHOTOCOPY OF A PRIOR PERIOD FORM, YOUR FILING WILL POST INCORRECTLY.

If you have questions concerning this return, please call our Department's Call Center at (866) 962-3707. ** For up-to-date information on tax issues, be sure to check our website -- ** http://tax.nv.gov/ -- every January, April, July and October for Tax Notes articles.

SALES/USE TAX RETURN INSTRUCTIONS

TXR-01.01c

Revised 01/04/2016

Guide to Writing Nevada Sales Tax

Filling out the Nevada Sales Tax form is a crucial step for sellers of tangible personal property. To ensure accuracy and compliance, follow these steps carefully. After completing the form, you will need to submit it to the Nevada Department of Taxation by the due date to avoid penalties and interest.

  1. Obtain the Nevada Sales Tax form from the Nevada Department of Taxation's website or your local office.
  2. Fill in your business name and address at the top of the form.
  3. Locate the TID No section and enter your Tax Identification Number.
  4. In the section for period ending, specify the date for which you are filing.
  5. Enter the total sales amount for each county in Column A, excluding sales tax collected.
  6. In Column B, input the exempt sales amount for each county.
  7. Calculate your taxable sales by subtracting Column B from Column A. Enter this in Column C.
  8. In Column D, specify the tax rate for each county.
  9. Calculate the calculated tax for taxable sales by multiplying Column C by Column D. Enter this in Column E.
  10. In Column F, enter the amount subject to use tax for each county.
  11. Calculate the calculated tax for use tax by multiplying Column F by the tax rate in Column G. Enter this in Column H.
  12. Sum the totals from Column E and Column H and enter these in Line 18a and Line 18b, respectively.
  13. Calculate the collection allowance for timely filing in Line 19, based on Line 18a.
  14. Subtract Line 19 from Line 18a to find the net sales tax for Line 20.
  15. Add Line 20 and Line 18b to find the net sales and use tax for Line 21.
  16. If applicable, calculate the penalty for late payment based on the number of days late and enter it in Line 22.
  17. Calculate interest for late payment in Line 23, if applicable.
  18. Enter any liabilities from prior periods in Line 24 and any credits from prior periods in Line 25.
  19. Add Lines 21, 22, 23, and 24, then subtract Line 25 to find the total amount due in Line 26.
  20. Enter the total amount you are remitting with this return in Line 27.
  21. Sign the form, typing in the name of the person signing it, and provide their title and phone number.
  22. Mail the completed form to the Nevada Department of Taxation at the address provided on the form.

More PDF Documents

Understanding Nevada Sales Tax

What is the purpose of the Nevada Sales Tax form?

The Nevada Sales Tax form, officially known as the Combined Sales and Use Tax Return, is designed for sellers of tangible personal property. It is essential for reporting sales and use tax liabilities to the Nevada Department of Taxation. Even if a business has no tax liability, it must still file a return to maintain compliance.

How do I fill out the sales and use tax return?

To complete the return, start by entering your total sales in Column A, which should include all sales related to your Nevada business. Next, identify exempt sales in Column B. Subtract the exempt sales from the total sales to find your taxable sales, which will go in Column C. Then, apply the appropriate tax rate to calculate the tax due, which you will enter in Column E. Repeat this process for use tax in Columns F and H. Finally, sum the totals and complete the required calculations to determine the net sales and use tax due.

What happens if I miss the due date for filing?

If the return is postmarked after the due date, penalties and interest will apply. The penalty is calculated based on how many days late the payment is, with a maximum penalty of 10%. Interest is also charged for each month the payment is overdue. It is crucial to submit the return on time to avoid these additional costs.

Can I claim a collection allowance on my sales tax return?

A collection allowance is available only for timely filed sales tax returns. If your return is postmarked on or before the due date, you can claim a collection allowance of 0.25% of your total sales tax. However, no collection allowance is permitted for use tax. Ensure you calculate this correctly to reduce your total tax liability.

What should I do if my business information changes?

If your business name or address changes, it is important to notify the Nevada Department of Taxation immediately. You can contact their Call Center at (866) 962-3707 to update your account information. Keeping your records current helps prevent issues with your tax filings.

How do I submit the completed Nevada Sales Tax form?

You can submit the completed form by mailing it to the Nevada Department of Taxation at PO Box 52609, Phoenix, AZ 85072-2609. Alternatively, you may drop it off at your local office. Ensure you do not send a photocopy of a prior period form, as this may lead to incorrect filing. If you prefer, you can also email the form as an attachment to nevadaolt@tax.state.nv.us, ensuring the email does not exceed 10 MB.

Common mistakes

  1. Incorrectly Reporting Sales Amounts: Many individuals fail to accurately report total sales, exempt sales, and taxable sales. This can lead to discrepancies in the amounts calculated for tax liability.

  2. Missing Deadlines: Some filers neglect to postmark their returns by the due date. Late submissions incur penalties and interest, which can significantly increase the total amount owed.

  3. Not Claiming the Collection Allowance: The collection allowance is available only if the return is submitted on time. Some people miss this opportunity, resulting in higher taxes owed than necessary.

  4. Failure to Sign the Return: A common oversight is neglecting to sign the return. An unsigned return is considered invalid and may result in delays or penalties.

Document Data

Fact Name Description
Purpose This form is designed for sellers of tangible personal property in Nevada.
Mailing Address Return the original form to the Nevada Department of Taxation at PO Box 52609, Phoenix, AZ 85072-2609.
Filing Requirement A return must be filed even if there is no sales and/or use tax liability.
Penalty for Late Filing If postmarked after the due date, penalties and interest will apply according to NAC 360.395.
Collection Allowance A collection allowance is available for timely filed sales tax returns, calculated as 0.25% of total sales.
Tax Calculation Taxable sales are calculated by subtracting exempt sales from total sales.
Interest Calculation Interest on late payments is calculated at a rate of 0.75% for each month payment is late.
Contact Information For questions, contact the Department's Call Center at (866) 962-3707.
Governing Law This form is governed by NRS 372.370 and NAC 360.395.

Documents used along the form

When completing the Nevada Sales Tax form, there are several other documents that may be necessary to ensure compliance and accuracy. These documents can help clarify your tax obligations and support your filings. Here’s a brief overview of six commonly used forms and documents that accompany the Nevada Sales Tax form:

  • Resale Certificate: This document allows a buyer to purchase goods without paying sales tax, provided the items will be resold. It serves as proof that the buyer is not the end consumer.
  • Exemption Certificate: Used by organizations that qualify for tax exemptions, this certificate verifies that certain purchases are not subject to sales tax, such as sales made to government entities or non-profits.
  • Sales Tax License: A certificate issued by the state that permits a business to collect sales tax. This document must be displayed at the business location and is crucial for legal compliance.
  • Bill of Sale: This document is essential for verifying the exchange of items, ensuring legal ownership is transferred from the seller to the buyer. For assistance in drafting this important form, visit legalpdf.org.
  • Use Tax Return: If tangible personal property is purchased without paying Nevada sales tax, this form is used to report and pay the corresponding use tax. It ensures that the tax obligation is met even if sales tax was not collected at the point of sale.
  • Monthly Sales Reports: These internal documents track sales and tax collected on a monthly basis. Maintaining accurate monthly reports helps in preparing the sales tax return and can assist in audits.
  • Payment Receipt: When submitting payment for sales tax, it is advisable to keep a receipt. This document serves as proof of payment and can be crucial in case of disputes or audits.

Utilizing these documents effectively can streamline the tax filing process and reduce the risk of errors. It is essential to stay organized and ensure that all necessary forms are completed accurately and submitted on time to avoid penalties. Always consult with a tax professional if there are any uncertainties regarding your obligations.

Similar forms

The Nevada Sales Tax form shares similarities with several other documents related to tax reporting and compliance. Below are nine such documents, each accompanied by a brief explanation of how they are similar to the Nevada Sales Tax form.

  • IRS Form 1040: This is the individual income tax return form used by U.S. taxpayers. Like the Nevada Sales Tax form, it requires individuals to report income and calculate tax liabilities, ensuring compliance with tax laws.
  • IRS Form 941: This form is used by employers to report payroll taxes. Similar to the Nevada Sales Tax form, it involves calculating taxes owed based on specific sales or employment data and requires timely submission to avoid penalties.
  • State Sales Tax Return (varies by state): Most states have their own sales tax return forms that require businesses to report sales and calculate taxes. These forms, like the Nevada Sales Tax form, are designed to ensure businesses comply with state tax laws.
  • Form W-2: This document reports wages paid to employees and the taxes withheld. It is similar to the Nevada Sales Tax form in that both require accurate reporting of financial information and must be submitted to the appropriate tax authority.
  • Form 1099-MISC: Used to report various types of income other than wages, salaries, and tips. Like the Nevada Sales Tax form, it necessitates accurate reporting of financial transactions to comply with tax regulations.
  • Business License Application: This document is often required to operate a business legally. It shares similarities with the Nevada Sales Tax form in that both require information about the business and its financial activities to ensure compliance with local laws.
  • Excise Tax Return: This form is used to report taxes on specific goods and services. Similar to the Nevada Sales Tax form, it involves calculating taxes based on sales or usage of certain products.
  • Property Tax Return: This document is used to report property value for taxation purposes. Like the Nevada Sales Tax form, it requires accurate reporting and can result in penalties if submitted late or incorrectly.
  • New York Articles of Incorporation: This form serves a crucial role in setting up a corporation in New York, similar to how the Nevada Sales Tax form is used for tax purposes. For more detailed information on the specifics of forming a corporation, refer to legalformspdf.com.
  • Estimated Tax Payment Voucher: This is used by individuals and businesses to pay estimated taxes throughout the year. It is similar to the Nevada Sales Tax form in that it involves calculating tax obligations and ensuring timely payments to avoid penalties.