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DELAWARE DIVISION OF REVENUELEM28LICENSE/EXCISE TAX RETURN FORM LM1 9001 ACCOUNT NUMBER PERIOD ENDING ON OR BE AGRIBUSINESS CODE GROUP DESCRIPTION0000000000000013110022210406 TIRE FEE002801Reset00280106000000000000001311002221000000000004060000000Print.

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How to fill out the DE LM1 9001 online

Filling out the DE LM1 9001 form accurately is essential for complying with Delaware's license and excise tax requirements. This guide provides clear instructions to assist users in completing the form efficiently and correctly.

Follow the steps to successfully complete the form.

  1. Click ‘Get Form’ button to access the DE LM1 9001 form and open it in your preferred online platform.
  2. Fill in the 'Account Number' section with your unique identifier, which can typically be found on previous tax documents.
  3. Enter the 'Tax Period Ending' date, which indicates the month for which you are reporting your tire sales.
  4. Complete the 'Business Name and Address' section to provide identifying information about your business.
  5. In the 'Number of Tires Sold' field, enter the total number of tires sold within the reporting period.
  6. Multiply the number of tires sold by the tax rate of $2.00, and enter the result in the 'Amount Due' section.
  7. Sign and date the form to confirm that the information provided is accurate and complete.
  8. Provide a contact telephone number and, if desired, an email address for further communication regarding your return.
  9. Review all entered information carefully to ensure accuracy before submission.
  10. Once satisfied, save your changes to the form. You may then download, print, or share the completed form as necessary.

Complete your documents online today to ensure compliance and avoid any potential penalties.

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Specific Questions Type of InquiryTelephone NumberEmail AddressGross Receipts(302) 577-8780DOR_BusinessTax@delaware.govPersonal Income Tax Auditors(302) 577-8994DOR_PersIncTax@delaware.govRefund Assistance(302) 577-8784DOR_RevAccounting@delaware.govWithholding Tax(302) 577-8779DOR_BusinessTax@delaware.gov8 more rows

Sellers in states that use a GRT must pay these taxes out of the money the business has earned from sales. A portion of the total money the business has earned, called its gross receipts, will be paid in taxes to the state.

Doing Business in Delaware Business and occupational gross receipts tax rates range from 0.0945% to 1.9914%, depending on the business activity. In instances where a taxpayer derives income from more than one type of activity, separate gross receipts tax reporting is required.

- Enter on Line 1 the amount of your total Delaware gross receipts from sales, rents, services or commissions for the tax period. Line 2. - The maximum allowable quarterly exclusion, which is printed on your form, is $240,000 for all Business Codes except the manufacturer's quarterly exclusion is $3,000,000.

Gross receipts are the total amounts the organization received from all sources during its annual accounting period, without subtracting any costs or expenses.

What Is a Gross Receipts Tax? A gross receipts tax is a tax applied to a company's gross sales, without deductions for a firm's business expenses, like costs of goods sold and compensation.

A. When you engage in business in the State of Delaware, you may be required to pay Gross Receipts Tax. This tax is paid by the seller of goods (tangible or otherwise) or the provider of services in the state.

No matter the source of a transaction, a gross receipts tax is levied against the money a company receives from selling its services or goods. Depending on the nature of the business, the gross receipts tax can be between 0.1037 percent and 2.0736 percent.

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