Get 407

Filing the 407 form is an important process for hotels in Michigan to report their tax obligations related to the State Convention Facility Development Tax. This guide will walk you through each section of the form to ensure accurate completion.

Follow the steps to fill out the 407 online successfully.

1. Press the ‘Get Form’ button to acquire the form and launch it in the editor.
2. Enter the hotel name in the designated field at the top of the form to identify the establishment submitting the report.
3. Indicate the return period by filling in the month and year for which the tax return is being filed.
4. Enter the account number, which should be the same as the use tax number assigned to your business.
5. Provide the registered business name or 'doing business as' (DBA) name to accurately represent your business.
6. Fill in the street address, city, state, and ZIP code for the hotel to clarify its location.
7. An authorized person must sign the document in the 'Authorized Signature' field to validate the form.
8. Record the date of signing to document when the form was completed.
9. Include a telephone number for inquiries related to the form submission.
10. Provide the number of guest rooms in the hotel to help calculate the applicable tax.
11. Enter the total amount of monthly room charges, which will be used to determine the tax due.
12. Refer to the tax rate chart and input the applicable tax rate for your calculations.
13. Multiply the monthly room charges by the tax rate to calculate the tax owed.
14. If applicable, indicate any penalties and interest that may be due alongside the taxes.
15. Add the results from the previous line items to determine the total tax due.
16. Once all fields are completed, you may save your changes, download the document, print it, or share it as necessary.

Complete your document online to ensure timely compliance with Michigan's filing requirements.