Get Ct Au-724 2018

Filing the CT AU-724 form is essential for obtaining a refund on motor vehicle fuels tax in Connecticut. This guide will provide a clear, step-by-step approach to help you complete the form accurately and efficiently.

Follow the steps to successfully fill out the CT AU-724 online.

1. Press the ‘Get Form’ button to access and open the CT AU-724 form in your designated editor.
2. Indicate the period of the claim by filling in the start and end dates in the format MM-DD-YYYY.
3. Select the appropriate type of business from the options provided to reflect your specific enterprise.
4. Enter your name clearly in the 'Name of claimant' section and provide your Federal Employer Identification Number.
5. Fill in your complete address, including street number and name, city, state, and ZIP code. If your address has changed, mark the corresponding checkbox.
6. Include your Connecticut Tax Registration Number and the location of records if it differs from the above address.
7. Provide your telephone number for further contact if necessary.
8. Mark the box next to the fuel type you are claiming (diesel or motor vehicle fuels).
9. Choose your claim type by selecting one of the options: off highway, marine, governmental, school bus, or waste hauling.
10. Proceed to Part 1, where you will compute your net refund. Start by entering the opening inventory of fuel at the beginning of the claim period.
11. Enter the total gallons purchased, using figures obtained from Schedule A.
12. Calculate total gallons available by adding the opening inventory and the gallons purchased.
13. Record the closing inventory of fuel at the end of the claim period.
14. Calculate total gallons used by subtracting the closing inventory from the total gallons available.
15. Enter the nontaxable use total from Schedule B.
16. Determine the taxable use by subtracting nontaxable use from total gallons used.
17. For gross refund, multiply the nontaxable use by the appropriate refund rate per gallon.
18. Fill out the total amount paid for the gallons reported from Schedule A.
19. Calculate the average price per gallon by dividing the amount paid by the gallons purchased.
20. Refer to refund rates to enter the Connecticut motor vehicle fuels tax refund rate.
21. Calculate the net average price per gallon by subtracting the refund rate from the average price.
22. Compute the amount subject to use tax by multiplying the net average price per gallon by the nontaxable use.
23. Calculate the use tax due by multiplying the amount subject to use tax by .0635.
24. Determine the net refund by subtracting the use tax due from the gross refund.
25. Sign and date the form in the declaration section, confirming that all provided information is true and complete.
26. Finally, save your changes, and download or print the completed form for your records.

Complete your CT AU-724 and other forms online today for a smoother filing experience.