Get If Desired, - Revenue Delaware

Filling out the If Desired, - Revenue Delaware form can be straightforward with a clear understanding of its components. This guide will take you through each section of the form, providing step-by-step instructions to ensure accurate completion.

Follow the steps to efficiently complete your revenue form

1. Click ‘Get Form’ button to initiate the process and access the form for completion.
2. Enter your account number in the designated field. This is critical for identifying your business.
3. Specify the tax period ending date, ensuring it aligns with your records to avoid discrepancies.
4. Provide your business name and address to properly associate the form with your business entity.
5. Input your total Delaware gross receipts from sales, rents, services, or commissions for the tax period in Line 1.
6. On Line 2, enter the exclusion amount, which should be $240,000 unless you're claiming the manufacturer’s quarterly exclusion.
7. Calculate Line 3 by subtracting Line 2 from Line 1 and enter the result. If the result is negative or zero, record zero.
8. Multiply the taxable gross receipts from Line 3 by the tax rate of 0.002074 and write the result on Line 4.
9. On Line 5, list any approved tax credits you may be claiming; ensure you attach Form 402-LTR if applicable.
10. Subtract the amount in Line 5 from Line 4 to determine the balance due; write this amount on Line 6.
11. Provide your authorized signature and date the form to confirm the accuracy of the information.
12. Optionally, include an email address for contact regarding your return if desired.
13. Review the completed form for accuracy and ensure all required fields are filled out.
14. Save your changes, and if required, download, print, or share the completed form as necessary.

Complete your Revenue Delaware form online today to ensure timely tax compliance.