Get Form 5068

Filling out the Form 5068 online can streamline the submission process for tire and lead-acid battery fees. This guide provides clear step-by-step instructions to help you complete the form accurately and efficiently.

Follow the steps to complete the Form 5068 online.

1. Press the ‘Get Form’ button to access the form and open it in your preferred editor.
2. In section 1A, enter the total number of tires sold during the reporting period. If you have no sales, enter zero (0).
3. In section 1B, indicate any necessary adjustments by adding or subtracting the total qualifying adjustments. Use a plus (+) or minus (–) sign as needed, or enter zero (0) if applicable.
4. In section 1C, calculate the total tires by adding or subtracting the amounts from section 1A and 1B. If you have no tires to report, enter zero (0).
5. For the batteries, repeat the process in sections 2A, 2B, and 2C: enter the total batteries sold, any adjustments, and calculate the total batteries.
6. In section 3, record the total tires and lead-acid batteries sold by adding the totals from sections 1C and 2C.
7. In section 4, enter the current tire and lead-acid battery fee rate applicable.
8. Multiply the total from section 3 by the rate recorded in section 4 to find the tire and lead-acid battery fee in section 5.
9. In section 6, calculate the collection deduction, which is 6% of the amount from section 5.
10. Calculate the total fees due in section 7 by subtracting the collection deduction from the fee amount.
11. If applicable, add any addition to fees in section 8 based on late filing or payment penalties.
12. Record any interest for late payment in section 9, calculating based on the total fees due.
13. Enter any approved credit in section 10, which should be accompanied by documentation.
14. Calculate the final amount to pay in section 11 by totaling sections 7, 8, and 9, and subtracting section 10.
15. Sign and date the return. If this is a final return, indicate the closing date in the provided box.
16. Ensure all changes are saved, and you have the option to download, print, or share the completed form.

Complete your documents online today for a more efficient filing process.