Get Ny St-101.7 2023

Filling out the NY ST-101.7, Annual Schedule H, is essential for reporting qualifying clothing and footwear sales that are exempt from New York State sales tax. This guide provides a clear, step-by-step approach to completing the form online, ensuring you accurately report your sales and comply with state regulations.

Follow the steps to complete the NY ST-101.7 form online.

1. Click ‘Get Form’ button to obtain the NY ST-101.7 document and open it in your preferred editor.
2. Begin by entering your sales tax identification number and legal name as shown on Form ST-101. Be sure to place this information at the top of each page where indicated.
3. Move to Part 1 of the form, which is designated for sales made in jurisdictions that do not charge local tax. Fill in sales of eligible clothing and footwear in Column C. Ensure to include all necessary jurisdictions.
4. In Column D of Part 1, report any purchases eligible for exemption. Remember, purchases for resale should not be included in this section.
5. Add the totals from Column C and Column D in Part 1, and enter them in the respective totals boxes on page 2. Make sure to transfer the totals to Form ST-101, as required.
6. Proceed to Part 2, which covers sales made in jurisdictions that do charge local tax. Report sales subject to tax in Column C and purchases subject to tax in Column D.
7. Calculate the sales and use tax in Column F. This is done by adding the amounts from Column C and Column D, then multiplying by the applicable tax rate in Column E.
8. After completing both parts of the form, ensure that you review all entries carefully for accuracy.
9. Finally, save your changes. You can download, print, or share the NY ST-101.7 as necessary, and be sure to file it along with Form ST-101 by the due date.

Complete your NY ST-101.7 form online today to ensure your tax reporting is accurate and timely.