Get Form E-557 - Nc Department Of Revenue

Filling out the Form E-557 is essential for reporting sales and use tax for itinerant merchants in North Carolina. This guide provides a step-by-step approach to help users complete the form accurately and efficiently online.

Follow the steps to complete your tax return correctly.

1. Click ‘Get Form’ button to obtain the form and open it for editing.
2. Enter your legal name in capital letters in the provided field. Ensure it fits within the first 32 characters.
3. Input your Account ID, which is required for processing your tax return.
4. Fill in the trade name in capital letters, confined to the first 32 characters.
5. Select the applicable circle next to your Social Security Number (SSN) if applicable.
6. Provide your mailing address, including the city, state, and zip code.
7. Specify the county in which you are conducting business.
8. Indicate the period for which you are reporting, entering both the beginning and ending dates in MM-DD-YY format.
9. Detail the type of business and the name of the event associated with your sales.
10. Fill in the time and place where you will report your sales.
11. Record the date of sales for each day of the week listed.
12. Provide gross retail sales and purchases for use, entering totals for each day of the week in the designated fields.
13. Complete the General State Tax section by multiplying the total sales (from line 12) by 4.75%.
14. Fill in the Food Tax section by calculating 2% of the total sales (from line 12).
15. Choose the appropriate county tax rate (2% or 2.25%) and calculate based on the county column total.
16. If reporting for Mecklenburg County, include the Public Transportation Tax of 0.5% in your calculations.
17. Add all tax lines together to find the Total State and County Tax Paid.
18. Sign the form, certifying that the information is accurate and complete, and include the date.
19. Review your entries for accuracy, then save changes, download, print, or share the form as needed.

Complete your Form E-557 online today to ensure timely reporting of your sales and use tax.