Get South Carolina Form L 2087

This guide provides clear and comprehensive instructions for filling out the South Carolina Form L 2087 online. Designed for easy understanding, this walkthrough assists users in completing the application for a refund of tax paid on motor fuel used in trucking equipment.

Follow the steps to accurately complete the form.

1. Press the ‘Get Form’ button to access the form and open it in your preferred editor.
2. Provide your name and address in the designated fields. Include your file number and either your Federal Employer Identification (FEI) number or Social Security (SS) number.
3. Enter the period covered by the refund request and your phone number. Indicate whether you maintain bulk storage in South Carolina by checking the 'Yes' or 'No' box.
4. In Section A, list the number and type of vehicles and equipment. Specify the type of fuel used. Fill in the corresponding columns with the gallons used in South Carolina and the exempt percentage based on the listed equipment types.
5. Calculate the total exempt gallons in Section B by adding all exempt gallons from Section A.
6. In Section C, calculate the refund before sales tax by multiplying the total exempt gallons from Section B by $0.16.
7. Proceed to Section D and determine the total price of fuel. Multiply the gallons from Section B by the average price per gallon, ensuring the average price does not include taxes.
8. In Section E, calculate sales tax due by multiplying the amount from Section D by the appropriate sales tax rate based on your county's rate (5% or 6%).
9. For Section F, subtract the sales tax calculated in Section E from the refund amount in Section C to determine the refund due.
10. Lastly, ensure the application is signed on the reverse side. Save the changes, and you can then download, print, or share the completed form as needed.

Complete your documents online today for a smoother filing process.