Get Va Form Cu-7 2012

VA Form CU-7 is essential for individuals who need to report their consumer's use tax in Virginia. This guide provides clear and concise steps to help users navigate the form and ensure accurate completion.

Follow the steps to successfully complete your VA Form CU-7 online.

1. Click 'Get Form' button to download the form and open it in the editing interface.
2. Begin by filling out your personal information at the top of the form, including your Social Security number, name, and address.
3. Indicate the taxable year by providing the starting and ending dates for your purchases.
4. On Line 1a, enter the total cost price for non-food purchases from your worksheet, ensuring no sales tax was charged.
5. On Line 1b, include the total cost price for food purchased for home consumption that was not subjected to sales tax.
6. Calculate the tax owed on non-food items by multiplying the amount on Line 1a by 0.05 and enter this value on Line 2a.
7. For food items, multiply the total cost on Line 1b by 0.025 for tax purposes and enter this amount on Line 2b.
8. Sum the values from Lines 2a and 2b to determine your total tax owed and record the result on Line 3.
9. If applicable, add any penalties for late filing to Line 4, and include interest calculations for late payments on Line 5.
10. Calculate the total amount due by adding Lines 3, 4, and 5, and write this total on Line 6.
11. Sign and date the form at the bottom, confirming the accuracy of the information provided.
12. Finally, save the completed form, download it, and prepare to print or share it as required for submission.

Complete your VA Form CU-7 online today to ensure timely filing and compliance with Virginia tax regulations.