Get Nc B-a-101 2022-2025

Filling out the NC B-A-101 form is essential for reporting excise taxes on tobacco products other than cigarettes. This guide will walk you through each section of the form to ensure that you submit an accurate and complete return.

Follow the steps to accurately complete the NC B-A-101 form.

1. Click the ‘Get Form’ button to access the NC B-A-101 form and open it in your browser.
2. Provide the application beginning and ending dates for the reporting period in MM-DD-YY format. This ensures proper alignment with tax periods.
3. Enter the legal name of the owner, using capital letters for both the name and address fields. This is crucial for identification purposes.
4. Input your federal employer identification number (FEIN) or social security number (SSN) in the designated field, ensuring accuracy.
5. Fill in the trade name, mailing address, city, state, zip code, and the state of domicile. Please verify each entry for correctness.
6. Designate a contact person by writing their name and including their phone and fax number if applicable. This assists in effective communication.
7. Mark the box if you are submitting an amended return. This signifies that you are making corrections to a previously filed return.
8. Record the cost price of tobacco products other than cigarettes sold or purchased during the month, attaching any relevant invoices.
9. Fill in the cost price of tobacco products sold outside North Carolina and those sold to the federal government, again attaching required documentation.
10. Input the cost price of other exempt tobacco products based on the instructions provided in the form.
11. Calculate the total cost price of exempt sales by summing lines for exempt transactions and deduct it from the total cost price of sold/purchased items.
12. Compute the tax due by multiplying the total taxable cost price by the set tax rate of 12.8%.
13. If applicable, calculate the discount on tax due if filing with full payment on time and include any additional cigar calculations needed.
14. Determine the total excise tax due by subtracting any discounts or additional taxes calculated from the total tax due.
15. Finally, input any penalties or interest due as per the instructions, and calculate the total payment due by adding all relevant amounts together.
16. Sign and date the form, certifying the information is accurate to the best of your knowledge before submission.
17. Once complete, save changes, download, print, or share the form as needed before submission.

Complete your NC B-A-101 form online today to ensure timely filing and compliance!