Get Tx Comptroller 01-117 2019-2025

The Texas Sales and Use Tax Return – Short Form, known as Form 01-117, is essential for businesses operating within Texas. This guide will provide you with clear instructions on how to fill out the form accurately and efficiently online.

Follow the steps to fill out the TX Comptroller 01-117 online.

1. Press the ‘Get Form’ button to obtain the form and open it in your preferred online editor.
2. Enter your taxpayer number at the designated field on the form, which helps identify your business record.
3. Indicate the filing period by filling in the appropriate dates as required.
4. Report total Texas sales in Item 1. Ensure you only include amounts received from sales, services, leases, and rentals made in Texas during the reporting period. Report whole dollars only, entering '0' if there are none.
5. In Item 2, enter the total taxable sales, services, leases, and rentals. If applicable, subtract any exempt sales to arrive at the correct taxable amount, ensuring a '0' is entered if no taxable sales occurred.
6. For Item 3, document the total taxable purchases made for personal or business use. Ensure this includes only items that were subject to sales or use tax.
7. Calculate the amount subject to tax by adding Item 2 and Item 3 and entering the total in Item 4. Again, enter '0' if applicable.
8. In Item 5, multiply the amount entered in Item 4 by your total applicable tax rate to determine the tax due.
9. If applicable, complete Item 6 by determining the timely filing discount and entering the amount if you are eligible.
10. Report any prior payments in Item 7, if relevant, as preprinted amounts may appear here.
11. Calculate any penalty and interest in Item 9 based on the timeliness of your current filing.
12. Add the net tax due from Item 8 and any penalties from Item 9 to find the total amount due in Item 10. Ensure this total is accurately calculated.
13. Once completed, users can save changes, export the form as necessary, and print or share for submission.

Complete your TX Comptroller documents online to ensure compliance with Texas tax regulations.