Get Ut Tc-62m 2019-2026

Filling out the UT TC-62M form online is an essential process for reporting sales and use taxes in Utah. This guide provides clear and supportive instructions to help you successfully complete the form, regardless of your legal experience.

Follow the steps to fill out the UT TC-62M form online.

1. Press the ‘Get Form’ button to obtain the UT TC-62M form and open it in your preferred editor.
2. Enter your company name and address starting below the indicated line on the form.
3. Fill in the period for which you are reporting taxes by entering the starting date (FROM) and the ending date (TO) in the format mmddyyyy.
4. Indicate the return due date by entering it in the format mmddyyyy.
5. If this is an amended return, check the appropriate box and enter the correct tax period being amended.
6. Provide the total sales of goods and services in line 1, excluding any sales tax collected.
7. Enter the total amount of exempt sales included in line 1 in line 2.
8. Calculate your taxable sales by subtracting line 2 from line 1 and enter the result in line 3.
9. In line 4, report any goods purchased tax-free and used by your business.
10. Add the amounts from line 3 and line 4 to determine the total taxable amounts and enter this sum in line 5.
11. If there are any adjustments, report them in line 6 and attach a detailed explanation of these figures.
12. Calculate the net taxable sales and purchases by adjusting line 5 with line 6 and enter the result in line 7.
13. For line 8a, report the total tax for non-food and prepared food sales.
14. For line 8b, report the total tax for grocery food sales excluding prepared foods.
15. Calculate the total tax by adding line 8a and line 8b together, and enter this in line 9.
16. If applicable, calculate the credit for residential fuels in line 10 using the designated multiplier.
17. In line 11, compute the total state and local taxes due by adjusting line 9 by line 10.
18. For monthly filers, calculate the seller discount in line 12 based on line 11.
19. If applicable, determine the additional grocery food seller discount in line 13 based on line 8b.
20. Calculate the net tax due by adjusting line 11 with line 12 and line 13 in line 14.
21. Check the box if payment is made via electronic funds transfer for the applicable tax type.
22. Sign and date the form where indicated to declare the accuracy of the information provided.
23. Once completed, save changes, download, print, or share the form as needed.

Complete your UT TC-62M form easily online today.