Get La R-1029 2018

The LA R-1029 form is essential for reporting sales taxes to the Louisiana Department of Revenue. This guide provides clear instructions to assist users in completing the form accurately and efficiently.

Follow the steps to fill out the LA R-1029 form online.

1. Press the ‘Get Form’ button to access the LA R-1029 document in an editable format.
2. Locate the location address fields. Enter the physical address, including the city, state, and ZIP code. Ensure accuracy to prevent processing issues.
3. Fill in your account number and the names associated with the account in both name fields. If applicable, provide an additional address in the designated fields.
4. Indicate the filing period by entering the appropriate month and year (mmyy). This should reflect the period for which you are filing the return.
5. In the gross sales section, report total sales of tangible personal property. Be sure to round to the nearest dollar and avoid using dashes.
6. Complete the cost of tangible personal property, leases, rentals, and services. Add these totals together for Line 4, which represents your total sales.
7. Identify and input any allowable deductions from Line 34, Schedule A. These should only include amounts reported on Lines 1 through 3.
8. Calculate the amount taxable by subtracting the allowable deductions from the total sales entered in Line 4.
9. Determine the tax due by multiplying the taxable amount on Line 6 by 4.45%. Enter this figure in Line 7.
10. If applicable, input any excess tax collected that does not include local sales tax. This goes in Line 8.
11. Sum the amounts on Line 7 and Line 8 to find the total tax liability, and enter this amount on Line 9.
12. Complete vendor’s compensation calculation in Line 10. If your account is not delinquent, this is 0.84% of Line 9, limited to $1500.
13. Subtract Line 10 from Line 9 to find the gross tax due, and enter this on Line 11.
14. Record any penalties and interest as indicated in Lines 14 and 15, respectively, then sum these amounts with the net tax due on Line 13.
15. Enter your total payment due on Line 16, making sure to include all relevant figures from previous lines.
16. Review all entries for accuracy, then save changes to the document as needed. You will have options to download, print, or share the form.

Start filling out your LA R-1029 online today to ensure timely and accurate submission.