Get Va Form Cu-7 2007

Filling out the Virginia Consumer’s Use Tax Return, Form CU-7, online is a straightforward process that ensures compliance with state tax regulations. This guide provides clear, step-by-step instructions to help you accurately complete the form and report any consumer use tax you may owe.

Follow the steps to complete the form accurately and efficiently.

1. Click ‘Get Form’ button to obtain the form and open it in your online document management system.
2. Enter your personal information, including your name, Social Security number, and address in the designated fields on the form.
3. Indicate your taxable year by entering the beginning and ending dates for the period you are reporting.
4. Use the worksheet provided to list all non-food purchases on which sales tax was not charged. Enter the total cost price for these items on Line 1a.
5. Calculate the tax owed on your non-food purchases by multiplying the total on Line 1a by 5%. Write this amount on Line 2a.
6. Next, list your food purchases for home consumption. Enter the total cost price on Line 1b.
7. Calculate the tax owed on your food purchases by multiplying the total on Line 1b by 2.5%. Enter this amount on Line 2b.
8. Add the amounts from Line 2a and Line 2b to get the total tax owed, which you should write on Line 3.
9. If applicable, calculate any penalties or interest based on your filing date and include these amounts on Lines 4 and 5 respectively.
10. Sum Lines 3, 4, and 5 to determine your total due. Write this amount on Line 6.
11. Double-check that all information is accurate, and then attach your payment in the form of a check or money order, made payable to the Virginia Department of Taxation.
12. Sign and date the form, then save your changes before downloading, printing, or sharing the completed document as needed.

Ready to submit your tax return? Complete your VA Form CU-7 online now.