Get Gasoline Retailer Supplemental Report Form

Filling out the Gasoline Retailer Supplemental Report Form online can streamline your tax reporting process. This guide provides a step-by-step walkthrough to help you accurately complete each section of the form.

Follow the steps to complete the Gasoline Retailer Supplemental Report Form.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Enter your account number in Line 1. This identifies your unique business account.
3. In Line 2, specify the return period by entering the month and year linked to this credit claim.
4. In Line 3, input the name registered for your business, whether an individual, partnership, or corporation.
5. For Line 4, enter the total amount due. This should be derived from the Total Payment line of the Combined Return for Michigan Taxes (Form 160) or the Discount Voucher for Sales and Use Taxes (Form 161).
6. Input the total prepaid sales tax for this return period in Line 5, ensuring you determine this amount from your purchase invoices.
7. In Line 6, calculate the sales tax early payment discount, which only applies to the 4% portion of the sales tax. Remember, this line is not applicable if your sales are tax-exempt.
8. For Line 7, combine the total from Line 5 and the discount from Line 6 to get your total prepaid sales tax.
9. Calculate your net payment due in Line 8 by subtracting the amount in Line 7 from the total due in Line 4. This is the amount you will send with your payment.
10. Complete the reverse side of the form by entering the names and addresses of your suppliers and the total gallons purchased during this return period.
11. Finally, review your entries, save your changes, and if needed, download, print, or share the completed form.

Take the next step in managing your taxes efficiently by completing your forms online today.