Get Os-114

Filling out the OS-114 form for the Sales and Use Tax Return can seem daunting, but with clear guidance, you can complete it effectively. This guide will provide you with step-by-step instructions to help you navigate each section of the form.

Follow the steps to complete the OS-114 form online.

1. Click ‘Get Form’ button to obtain the OS-114 form and open it for completion.
2. Enter your Connecticut Tax Registration Number at the designated field. This number identifies your business for tax purposes.
3. Provide your Federal Employer Identification Number (EIN), which is necessary for business tax reporting.
4. Fill in the due date for your tax return to ensure timely processing.
5. If you are submitting an amended return, check the appropriate box indicated on the form.
6. Begin entering your gross receipts in the respective fields from Lines 1 to 6. Make sure to record the amounts accurately—Line 1 for goods, Line 2 for leases and rentals, Line 3 for labor and services, and so on.
7. After calculating your totals, proceed to Line 7 to summarize your gross receipts.
8. Report your deductions on Line 8, following the specific guidelines provided in the instructions.
9. Subtract Line 8 from Line 7 to complete Line 9. If the result is zero or less, enter “0”.
10. Calculate the tax due by multiplying Line 9 by the appropriate tax rate for each column. Enter these values in Lines 10a and 10b.
11. If filing an amended return, report any tax paid on a prior return in Line 11.
12. Subtract Line 11 from Line 10b to get your net amount of tax due, and record that on Line 12.
13. If applicable, calculate and enter any interest and penalty amounts on Line 13.
14. Add Line 12 and Line 13 to determine your total amount due on Line 14.
15. If this is your final return, check the final return box and provide the last business date.
16. Enter any new mailing address or owner information if there have been changes since your last return.
17. Complete the declaration section, providing your signature, email address, title, and date.
18. Finally, review all information, then save the form. You may print, share, or download it for your records.

Start filling out your OS-114 form online today for a smooth tax submission process.