Get Ny It-135 2020

The NY IT-135 form is essential for reporting sales and use tax on significant purchases. This guide will help you navigate the form seamlessly, ensuring you complete it accurately and efficiently.

Follow the steps to fill out the NY IT-135 online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Enter your name and Social Security number or employer identification number exactly as they appear on your income tax or sales and use tax return.
3. If applicable, enter your spouse’s name and Social Security number in the designated fields.
4. Complete columns A through G for each item or service costing $25,000 or more. This includes entering the delivery date in column A, a description of the item or service in column B, and the seller’s name and address in column C.
5. In column D, input the delivery address and the address of use if it differs from the delivery address.
6. Fill in column E with the purchase price from the relevant worksheets of Form ST-140 or ST-141, ensuring it is accurate.
7. If you paid tax to another jurisdiction, enter that amount in column F, again referencing the appropriate worksheets.
8. For line 1, calculate and enter the total sales or use tax due for all other items or services costing less than $25,000.
9. Total the amounts in column G for line 2, ensuring this value matches the sales or use tax amount reported on your income tax return or sales and use tax return.
10. Review all entries for accuracy, then save changes, download, print, or share the form as needed.

Complete your NY IT-135 form online today to ensure accurate tax reporting.