Get Form Mt-160 Authorized Combative Sports Tax Return Revised 12/24

Filling out the Form MT-160 Authorized Combative Sports Tax Return is essential for promoters involved in combative sports events. This guide provides clear and comprehensive instructions to assist you in completing the form online with confidence and accuracy.

Follow the steps to effectively complete the form online.

1. Press the ‘Get Form’ button to access the form and open it in your preferred editing tool.
2. Carefully read the instructions mentioned in Form MT-160-I before you start filling out the return.
3. In the appropriate boxes, mark an X for all applicable categories like ticket sales, broadcasting rights, and digital streaming.
4. Enter the event reference number for your combative sports event.
5. Indicate the type of event, such as boxing, sparring, or another combative sports event; this includes mixed martial arts.
6. Provide the date of the event in the format mm-dd-yy.
7. Fill in the employer identification number (EIN) or Social Security number (SSN) of the promoter.
8. Input the promoter’s State Athletic Commission license number.
9. Enter the name of the promoter.
10. Specify the location of the event.
11. Complete the mailing address of the promoter, including number, street, or PO Box.
12. Provide the street address where the event takes place.
13. List the city, state, and ZIP code for both the event location and the promoter's mailing address.
14. In the ticket information section, provide the cost of the ticket, number of tickets printed, number not sold, and number of complimentary tickets issued.
15. Calculate totals as directed, such as total number of tickets not subject to tax and those subject to state tax.
16. Summarize total gross receipts from tickets sold along with additional receipts if any.
17. Calculate taxes where indicated and complete lines for gross receipts from broadcasting rights and digital streaming.
18. Determine total tax due and any penalties or interest for late payments.
19. Certify the return, ensuring all entries are true and complete, and complete the signature area.
20. Finally, save any changes made to the form. You may download, print, or share the form as needed.

Complete your document online today and ensure compliance with the necessary tax requirements.