Get Credit Transfer Form For Natural Gas Tax - Texas Comptroller

This guide provides clear, step-by-step instructions to assist users in accurately completing the CREDIT TRANSFER FORM for Natural Gas Tax. By following these guidelines, you can ensure that your form is filled out correctly and submitted effectively.

Follow the steps to successfully complete the CREDIT TRANSFER FORM.

1. Click 'Get Form' button to obtain the form and open it in the editor.
2. Item c: Enter the 11-digit taxpayer number assigned by the Comptroller in the appropriate field.
3. Item d: Input the taxpayer’s full name and mailing address to ensure accurate delivery of correspondence.
4. Column A: Enter the year and month from which the credit is to be transferred. Use YYMM format for monthly filings and YY format for annual filings.
5. Column B: Enter the 2-digit 'Tax Sub Type' to indicate your role in the transaction. Use '37' for purchasers and '49' for producers.
6. Column C: Indicate the amount of the credit being transferred. Ensure you do not use brackets and enter the amount in dollars and cents.
7. Column D: Specify the year and month to which the credit is to be transferred using the same format as Column A.
8. Column E: Again enter the 2-digit 'Tax Sub Type' for the transfer, using the same identifiers as in Column B.
9. Column F: Enter the 1-digit reason code that reflects the primary reason for the credit transfer.
10. Item 11: Provide the total amount of the credits to be transferred as listed in Column C. Remember, each page must be totaled separately.
11. Ensure that you have included any necessary attachments such as letters specifying grounds for credit and an Assignment of Right to Refund if applicable.
12. Finally, confirm that all required signatures, printed names, dates, and contact information are present before finalizing the submission.

Complete your CREDIT TRANSFER FORM online today to manage your natural gas tax credits efficiently.