Get Fillable Form Sev O 1d

The Fillable Form Sev O 1d is essential for individuals and companies reporting oil and condensate severance taxes in Louisiana. This guide will provide step-by-step instructions to help you complete the form accurately and efficiently.

Follow the steps to successfully fill out the Fillable Form Sev O 1d.

1. Click the ‘Get Form’ button to obtain the Fillable Form Sev O 1d and open it in your preferred online editor.
2. Fill in the reporting company name and address. This section is self-explanatory and requires the name and complete address of the reporting entity.
3. Enter the reporting company number, which is the producer or transporter code number assigned by the Louisiana Office of Conservation.
4. Indicate the month during which the return is submitted by filling in the 'Report submitted during month of' field.
5. Provide your Revenue Account Number, which is a 10-digit Louisiana Tax Number related to various tax obligations.
6. Fill in the fields for Field, Producer, Lease, and Purchaser names. Ensure that the names are accurate and correspond to the producer and lease details.
7. Complete the sections for Parish, Field, Producer, and Lease codes, as these are assigned by the Louisiana Office of Conservation.
8. Specify the taxable period for which the tax is due. Separate reports should be made for different taxable periods.
9. Choose the appropriate Kind code to identify the category of resource being reported based on the provided legend.
10. Select the Tax rate code that designates the tax rate applicable to your resource, referring to the tax rate legend for guidance.
11. Enter the total barrels for the taxable period applicable to the current form. Ensure accurate calculations.
12. Fill in the gross taxable value amount, which reflects the gross value of the resource being reported.
13. Input the barge, pipeline, or truck charge amount if any charges have been deducted by the first purchaser.
14. Calculate the net taxable value amount by deducting any transportation charges from the gross taxable value.
15. Select the Schedule code corresponding to the type of return and provide it in the designated field.
16. Calculate and enter the total tax, penalty, and interest amount based on the net taxable value and applicable rates.
17. At the end, ensure you have filled in the totals fields, which should correspond to the last page of the return.
18. Finally, save your changes, download, print, or share the completed form as per your requirements.

Start filling out your Fillable Form Sev O 1d online today for accurate reporting and compliance.