Get B C 786

Filling out the B C 786 form is a crucial responsibility for wineries and wine shipper permittees in North Carolina. This guide provides a step-by-step approach to completing the form accurately and effectively, ensuring compliance with the state's excise tax reporting requirements.

Follow the steps to successfully complete the B C 786 form.

1. Click the ‘Get Form’ button to access the B C 786 form and open it in the designated editor.
2. Fill in the return month by entering the appropriate month and year in the specified format (MM-DD-YY).
3. Enter your Federal Employer Identification Number (FEIN) or Social Security Number (SSN) as required in the designated fields.
4. Complete the 'Legal Name' section by entering the winery's official name in capital letters, followed by the NCDOR ID or account number.
5. Input the trade name of your winery, along with the mailing address, including city, state, and zip code.
6. Provide details about your wine shipper or ABC permit number.
7. Fill in the 'Contact Person' section by entering the name and phone number of the person to be contacted regarding the return.
8. Complete the computation sections by entering liters sold based on the provided definitions for unfortified and fortified wines. These should correspond to the details from Parts 2, 3, and 4.
9. Calculate the total taxable liters by adding lines 1 through 3 and subtracting any allowable deductions listed in line 4.
10. Determine the total excise tax due by multiplying the total taxable liters by the applicable tax rate.
11. Calculate any applicable penalties and interest for late payments, and sum these amounts to find the total due.
12. In the certification section, confirm the accuracy of the information provided and sign the form, also indicating the title and date.
13. Review all entries for completeness before saving changes, then consider downloading, printing, or sharing the completed form.

Complete your B C 786 form online today to ensure timely and accurate reporting of your wine sales.