Get Idaho Form 1752 Instructons

Filing your Idaho Form 1752 for wine tax returns can be a straightforward process if you follow the correct steps. This guide provides clear instructions on how to complete the form online, ensuring you meet all necessary requirements and deadlines.

Follow the steps to fill out the Idaho Form 1752 online effectively.

1. Press the ‘Get Form’ button to access the form and open it in your preferred editor.
2. Begin filling out the form by entering your beginning inventory (Line 1), which should match the ending inventory from the previous tax month.
3. Proceed to fill in total purchases (Line 2) by completing Form WI 1721 and entering the total reported on the last page, line 20.
4. Calculate the total by adding lines 1 and 2 to find the subtotal (Line 3).
5. Record the ending inventory (Line 4) based on a physical count taken at the end of the last working day of the tax period.
6. If applicable, enter any spoilage (Line 5), ensuring you follow the guidelines on allowable deductions.
7. Calculate total deductions (Line 6) by adding lines 4 and 5.
8. Find total gallons to account for (Line 7) by subtracting line 6 from line 3.
9. For wineries, direct shippers, and strong beer breweries, check the box on line 8 and enter the total gallons sold. Distributors do not use this line.
10. Complete the relevant sections for exemptions based on your business category as outlined in the instructions.
11. Continue through the form, filling out tax computation lines (Lines 14-18) as instructed, ensuring proper calculations and entries.
12. If necessary, complete any attached schedules and ensure all required forms are filled out accurately.
13. Lastly, verify all information, save changes, and choose to download, print, or share the completed form as needed.

Complete your Idaho Form 1752 online today to ensure timely filing and compliance with tax regulations.