
R1048 (1 22)Page 1of 2 Louisiana Department of Revenue P.O. Box 3278 Baton Rouge, LA 708213278 Telephone: (855 3073893 Fax Number: (225 9522406 Email: non. Profit la.annual Application for Exemption.
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How to fill out the LA DoR R-1048 online
This guide provides detailed instructions on how to accurately complete the LA DoR R-1048 form for exemption from Louisiana sales taxes during fundraising activities. By following these steps, users can ensure their application is submitted correctly and efficiently.
Follow the steps to successfully complete the LA DoR R-1048 form.
- Click the ‘Get Form’ button to access the R-1048 document online and open it in your preferred editing platform.
- Begin by entering the exemption expiration date at the top of the form. Ensure that this date reflects the valid usage period for the exemption.
- Provide the Federal Employer Identification Number (FEIN) for the nonprofit organization. This number is essential for identifying your organization.
- Fill in the nonprofit organization name, including the representative's name who is completing the form.
- Enter the daytime telephone number, along with the organization's address, city, state, and ZIP code.
- Specify the purpose of the organization in the designated field. This should clearly reflect the mission of your nonprofit.
- Indicate whether the organization endorses candidates for political office or is involved in political activities by selecting 'Yes' or 'No.'
- State the number of fundraising events this application covers. If there are multiple events, ensure to attach a supplemental sheet with the necessary details.
- For each event, provide a description, location (city, state, ZIP), and the dates of the event.
- Explain how the proceeds, after covering necessary expenses, will be utilized. If proceeds are to be donated to another nonprofit organization, include details on their intended use.
- Answer whether there is an agreement with any promoters or businesses sharing in the proceeds, selecting 'Yes' or 'No' as appropriate, and if ‘Yes,’ provide an explanation.
- Indicate if any profit-seeking business operates in the area selling similar products or services during the event by responding 'Yes' or 'No,' and further explain if applicable.
- After completing all sections, review the information to ensure accuracy and completeness, as any incomplete answers may delay processing or result in denial.
- Once finalized, save your changes, then you can download, print, or share the form as required. Remember to submit it at least thirty days prior to your first event.
Start filling out the LA DoR R-1048 form online today to ensure your nonprofit's fundraising events are tax-exempt!
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Get answers to your most pressing questions about US Legal Forms API.
How do I verify my resale certificate in Louisiana?
These resale certificates can be verified at https://.revenue.louisiana.gov/SalesTax/ResaleCertificate. Click the “Resale Certificate” link to reach the Resale Certificate Validation page.
How do I get tax-exempt status in Louisiana?
You can apply to obtain Louisiana sales tax exemption by filing form R-1048, the Application for Exemption from Collection of Louisiana State Sales Tax with the Louisiana Department of Revenue.
How do I become tax exempt in Louisiana?
You can apply for federal tax exemption with the IRS. They will in turn send you a Letter of Determination stating your tax exempt status if granted after the long review process. Once you have Federal tax exempt 501c3 status you can work with the Department of Revenue to apply for Louisiana tax exemptions.
What is the homestead exemption property taxes in Louisiana?
A: The homestead exemption is a tax exemption on the first $75,000 of the value of a person's home. This exemption applies to all homeowners. The value of your home is exempt up to $75,000 from state and parish property taxes.
How do I file for farm tax exemption in Louisiana?
Farmers must submit Form R-1070, Application for Certification as a “Manufacturer,” and be approved before the sales tax exclusion can be claimed.
At what age do seniors stop paying property taxes in Louisiana?
One of the owners must be 65 years of age or older as of January 1 of the qualifying year. Owner or owners must have a total combined adjusted gross income which cannot exceed $100,000.
Who is eligible for homestead exemption in Louisiana?
In order to qualify for homestead exemption, one must own and occupy the house as his/her primary residence. Regardless of how many houses are owned, no one is entitled to more than one homestead exemption, which is a maximum of $7,500 of assessed value. If you change primary residence, you must notify the assessor.
Who is exempt from property tax in Louisiana?
a) Owned and occupied by a person who is 65 years of age or older. b) Owned and occupied by a person who has a 50% or greater military service-related disability. c) Last owned and occupied by a member of the armed forces who was killed or is missing in action, or who is a prisoner of war.
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