Form SLS450 "State and Local Sales and Use Tax Return" - Tennessee

Form sls450 is a Tennessee Department of Revenue form also known as the "State And Local Sales And Use Tax Return". The latest edition of the form was released in July 1, 2013 and is available for digital filing.

Download an up-to-date fillable Form sls450 in PDF-format down below or look it up on the Tennessee Department of Revenue Forms website.

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Download Form SLS450 "State and Local Sales and Use Tax Return" - Tennessee

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RV-R0000201
INTERNET (7/13)
PAGE 1
TENNESSEE DEPARTMENT OF REVENUE
For assistance, contact the Taxpayer Services Division at
STATE AND LOCAL SALES AND USE TAX RETURN
(800) 342-1003, (615) 253-0600 or www.TN.gov/revenue.
ACCOUNT NO.
Filing
}
Period
If this is an AMENDED RETURN,
SLS
please check the box at right
450
Due
LOCATION ADDRESS
Date
If this is a FINAL RETURN for a
}
closed business, please check the
box at right
If this is a CHANGE OF MAILING
}
ADDRESS, please check the box
at right
ROUND TO NEAREST DOLLAR; WRITE NUMBERS LIKE THIS
00
1.
GROSS SALES INCLUDING FOOD SALES AND/OR RENTAL PROCEEDS
(1)
2. ADD COST OF PERSONAL PROPERTY PURCHASED ON A RESALE
(2)
00
CERTIFICATE BUT USED BY YOU, INCLUDING GIFTS AND PREMIUMS
(2)
3.
ADD COST OF OUT OF STATE PURCHASES AND PROPERTY
00
(3)
IMPORTED INTO TENNESSEE FOR YOUR USE ......................
(3)
4. FAIR MARKET VALUE OF TANGIBLE PERSONAL PROPERTY
00
FABRICATED, PRODUCED, COMPOUNDED, OR SEVERED FROM THE
(4)
EARTH FOR USE IN THE STATE OF TENNESSEE
00
5.
TOTAL - Add Lines 1, 2, 3, and 4
(5)
6. EXEMPT TRANSACTIONS - Must be itemized on Page 2, Schedule A, Line K
(6)
00
00
7. NET TAXABLE TOTAL - STATE - Subtract Line 6 from Line 5
(7)
8. STATE TAX -
% of Line 7.......................................................................................(8)
00
USE PAGE 2, SCHEDULE B, FOR
00
9. STATE FOOD TAX -
% of Page 2, Schedule A, Line A..........
LOCAL TAX CALCULATIONS
(9)
YOUR SINGLE
SEE PAGE 2, SCHEDULE B, IF
10. LOCAL TAX -
% of Line 7 ...
ARTICLE TAX
LOCAL TAXABLE SALES DO NOT
(10)
00
00
BASE IS
EQUAL STATE TAXABLE SALES
11. ENTER ANY TAX COLLECTED IN EXCESS OF STATE AND LOCAL LEVIES....................(11)
00
12. STATE TAX ON TRANSACTIONS SUBJECT TO SINGLE ARTICLE AND
00
REDUCED RATES. ENTER TOTAL TAX FROM PAGE 2, SCHEDULE C, LINE 7
13. LOCAL TAX ON TRANSACTIONS SUBJECT TO THE SPECIAL RATES OF TAX
00
ENTER TOTAL TAX FROM
PAGE 2, SCHEDULE C, LINE 10
14. TOTAL TAX - Add Lines 8, 9, 10, 11, 12, and 13................................................................................... (14)
00
00
15. ENTER CREDIT MEMO BALANCE ......................................................................................................... .............(15)
If filed LATE, compute penalty at 5% of the tax (Line 14 minus Line 15) for each 1 to 30 DAY PERIOD for which TAX
{
16. PENALTY:
(16)
IS DELINQUENT (Total penalty NOT TO EXCEED 25%.) Minimum penalty is $15 regardless of the amount of tax
00
due or whether there is any tax due.
INTEREST-If filed late, compute interest at
% per year on the tax (Line 14 minus Line 15) from the due
17.
00
date to the date of payment............................................................................................................................................(17)
18.
PREPAID WIRELESS E911 fee -
53¢ per retail transaction for prepaid wireless telecommunications
00
less 3% administrative fee ..............................................................................................................................(18)
TOTAL DUE - If filed TIMELY, subtract Line 15 from Line 14 and add Line 18; If filed LATE, subtract
19.
Line 15 from Line 14 and add Lines 16, 17, and 18...........................................................................................(19)
00
I declare this is a true, complete, and accurate return to the best of my knowledge.
FOR OFFICE USE ONLY
SIGN
HERE
President or other Principal Officer, Partner or Proprietor
Date
SIGN
HERE
Tax Return Preparer and Title
Date
RV-R0000201
INTERNET (7/13)
PAGE 1
TENNESSEE DEPARTMENT OF REVENUE
For assistance, contact the Taxpayer Services Division at
STATE AND LOCAL SALES AND USE TAX RETURN
(800) 342-1003, (615) 253-0600 or www.TN.gov/revenue.
ACCOUNT NO.
Filing
}
Period
If this is an AMENDED RETURN,
SLS
please check the box at right
450
Due
LOCATION ADDRESS
Date
If this is a FINAL RETURN for a
}
closed business, please check the
box at right
If this is a CHANGE OF MAILING
}
ADDRESS, please check the box
at right
ROUND TO NEAREST DOLLAR; WRITE NUMBERS LIKE THIS
00
1.
GROSS SALES INCLUDING FOOD SALES AND/OR RENTAL PROCEEDS
(1)
2. ADD COST OF PERSONAL PROPERTY PURCHASED ON A RESALE
(2)
00
CERTIFICATE BUT USED BY YOU, INCLUDING GIFTS AND PREMIUMS
(2)
3.
ADD COST OF OUT OF STATE PURCHASES AND PROPERTY
00
(3)
IMPORTED INTO TENNESSEE FOR YOUR USE ......................
(3)
4. FAIR MARKET VALUE OF TANGIBLE PERSONAL PROPERTY
00
FABRICATED, PRODUCED, COMPOUNDED, OR SEVERED FROM THE
(4)
EARTH FOR USE IN THE STATE OF TENNESSEE
00
5.
TOTAL - Add Lines 1, 2, 3, and 4
(5)
6. EXEMPT TRANSACTIONS - Must be itemized on Page 2, Schedule A, Line K
(6)
00
00
7. NET TAXABLE TOTAL - STATE - Subtract Line 6 from Line 5
(7)
8. STATE TAX -
% of Line 7.......................................................................................(8)
00
USE PAGE 2, SCHEDULE B, FOR
00
9. STATE FOOD TAX -
% of Page 2, Schedule A, Line A..........
LOCAL TAX CALCULATIONS
(9)
YOUR SINGLE
SEE PAGE 2, SCHEDULE B, IF
10. LOCAL TAX -
% of Line 7 ...
ARTICLE TAX
LOCAL TAXABLE SALES DO NOT
(10)
00
00
BASE IS
EQUAL STATE TAXABLE SALES
11. ENTER ANY TAX COLLECTED IN EXCESS OF STATE AND LOCAL LEVIES....................(11)
00
12. STATE TAX ON TRANSACTIONS SUBJECT TO SINGLE ARTICLE AND
00
REDUCED RATES. ENTER TOTAL TAX FROM PAGE 2, SCHEDULE C, LINE 7
13. LOCAL TAX ON TRANSACTIONS SUBJECT TO THE SPECIAL RATES OF TAX
00
ENTER TOTAL TAX FROM
PAGE 2, SCHEDULE C, LINE 10
14. TOTAL TAX - Add Lines 8, 9, 10, 11, 12, and 13................................................................................... (14)
00
00
15. ENTER CREDIT MEMO BALANCE ......................................................................................................... .............(15)
If filed LATE, compute penalty at 5% of the tax (Line 14 minus Line 15) for each 1 to 30 DAY PERIOD for which TAX
{
16. PENALTY:
(16)
IS DELINQUENT (Total penalty NOT TO EXCEED 25%.) Minimum penalty is $15 regardless of the amount of tax
00
due or whether there is any tax due.
INTEREST-If filed late, compute interest at
% per year on the tax (Line 14 minus Line 15) from the due
17.
00
date to the date of payment............................................................................................................................................(17)
18.
PREPAID WIRELESS E911 fee -
53¢ per retail transaction for prepaid wireless telecommunications
00
less 3% administrative fee ..............................................................................................................................(18)
TOTAL DUE - If filed TIMELY, subtract Line 15 from Line 14 and add Line 18; If filed LATE, subtract
19.
Line 15 from Line 14 and add Lines 16, 17, and 18...........................................................................................(19)
00
I declare this is a true, complete, and accurate return to the best of my knowledge.
FOR OFFICE USE ONLY
SIGN
HERE
President or other Principal Officer, Partner or Proprietor
Date
SIGN
HERE
Tax Return Preparer and Title
Date
SCHEDULE A
- EXEMPT TRANSACTIONS (See Separate Instructions)
(A)
00
Food Net Taxable (add to Schedule B, Line 2).......................................
A.
Sales made to vendors or other establishments for resale, and sales of items to be used in
B.
00
(B)
processing articles for sale. (Certificates of Resale must be retained by the Dealer.)........
C. Sales of items specifically exempt by State Law.........................................................
(C)
00
D.
Sales to the Federal Government, the State of Tennessee & its political Subdivisions, & sales
to qualified institutions such as churches, nonprofit schools, hospitals, & orphanages.....
(D)
00
E.
Merchandise voluntarily returned by the purchaser reported as sales on this or a previous
00
return. Show on Schedule B, Line 2, any amount claimed on Schedule B, Line 4, of prior returns
(E)
F. Sales of specifically exempt "Industrial Machinery" and exempt agricultural purchases
(F)
00
G.
Sales in Interstate Commerce (i.e., purchaser takes possession outside of Tennessee for use
or consumption outside TN; motor vehicles and trailers delivered out-of-state by dealers; motor
00
(G)
dealers; motor vehicles and boats removed by non-resident customers within 3 days)........
H.
Repossessions - Portion of unpaid principal balances in excess of $500 due on TPP
00
(H)
repossessed from customers. Report same amount on Schedule B, Line 2.......................
I.
Other - Enter deductions not included elsewhere in Schedule A. Include: sales not subject
00
(I)
to full state rate such as industrial energy fuel and water, trade-ins, and cash discounts.....
00
J .
Sales Tax Holiday (first Friday through following Sunday in August)..............................
(J)
K. TOTAL - Add lines A through J above. Enter here and on Page 1, Line 6.........................
00
(K)
SCHEDULE B
- COMPUTATION OF LOCAL SALES AND USE TAX. NOTE: Use this
schedule if Local Taxable Sales do not equal State Taxable Sales. (See Separate Instructions)
00
1.
Enter net taxable total - State -
Enter the amount shown on Page 1, Line
7................................................
(1)
00
2.
Adjustments (total of Schedule A, Line A and any applicable amounts in Lines E and H above)...........
(2)
00
3.
Total - Add Lines 1 and 2......................................................................................................................................
(3)
4.
Enter all amounts in excess of the single article tax base shown on Page 1, Line 10 of the return on each
00
(4)
single article sold or purchased which has been reported, but not deducted elsewhere on the return.
5.
Energy Fuel Sales - Enter all energy fuel sales taxed at the full state rate. Do not include sales subject
00
to the reduced rate. See Schedule A, Line I and Schedule C, Line 5.......................................................... (5)
Other - Enter local tax deductions not included in Lines 4 and 5. Include taxable sales of specfied
6.
00
(6)
%
digital products subject to 2.5% local tax rate, which are reported on Schedule C, Line 9......................
00
7.
Net taxable total - Local - Add Lines 4, 5, and 6, subtract from Line 3..........................................................
(7)
00
8.
Local sales and use tax - Multiply Line 7 by local tax rate - Enter here and on Page 1, Line 10.............
(8)
SCHEDULE C
- COMPUTATION OF STATE SINGLE ARTICLE TAX AND SPECIAL RATES ON ENERGY FUEL,
WATER, AND SPECIFIED DIGITAL PRODUCTS (See Separate Instructions)
1. Taxable Single Article Sales from $1,600 to $3,200.........................................................................................
00
(1)
2. STATE TAX - 2.75 % of Line 1................................................................................................................................
%
00
(2)
3.
WATER- Enter sales/purchases of water subject to industrial tax rate.
00
IMPORTANT: See Schedule C, Line 8................................................................................................................
(3)
%
4. STATE TAX - 1% of Line 3.....................................................................................................................................
00
(4)
5.
ENERGY FUELS - Enter all sales subject to industrial tax rate. (Schedule A, Line I)..............................
00
(5)
6.
STATE TAX - 1.5% of Line 5........................................................................................................
00
(6)
7. TOTAL (Add Lines 2, 4, and 6. Enter total here and on
Page 1, Line
12)...................................................
00
(7)
LOCAL COMPUTATION - Complete this section only if transactions are subject to local tax.
WATER - Multiply sales/purchases of water on Schedule C, Line 3 by 1/2 of 1% local industrial
8.
00
(8)
tax rate and enter....................................................................................................................................................
9.
SPECIFIED DIGITAL PRODUCTS - Net taxable sales of specified digital products included in
00
(9)
%
Schedule B, Line 6 ________________________. Multiply by 2.5% and enter here...............................................................
10.
LOCAL TAX - (Add tax calculations from Lines 8 and 9) - Enter here and on Page 1, Line 13,
00
(10)
reverse side..........................................................................................................................................................
Check appropriate box
If your account number is not preprinted on the front of the return, enter
and fill in number:
your federal employer identification number (FEIN) or your Social
FEIN or SSN
Security number (SSN) in the spaces at left:
INTERNET (7/13)
PAGE 2
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