Instructions for Form T12 - Oil Report Amendment

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T12 OIL REPORT AMENDMENT INSTRUCTIONS
INTRODUCTION:
These instructions provide the information needed to file an amended T-12 Oil Report using the Excel spreadsheet format, which is available on
the Commissioner's home page at www.nd.gov/tax or by contacting the Oil and Gas Tax Section at oiltax@nd.gov.
INSTRUCTIONS:
1.
Each return must be submitted in a separate file attachment. Each amended reporting period requires a separate return.
2.
DO NOT SUBMIT A CREDIT ENTRY to "backout" previously reported information. SUBMIT A "REPLACEMENT" ENTRY
with the correct information.
3.
THE CORRECT SEQUENCE NUMBER IS IMPORTANT, be sure to use the sequence number previously reported when "replacing"
an entry and assign another sequence number if making an additional entry for an API number.
4.
Provide the C or R indicator if your report results in a credit balance, to indicate your choice of a credit or refund.
5.
Formulas may be used to provide calculations within the spreadsheet but do not change the format of any cells. The Commissioner
has decided not to provide calculation capabilities, our policy is to not prepare any part of a taxpayer's return.
6.
DO NOT link the spreadsheet to another file. The spreadsheet file will not include the necessary data because the Commissioner will not
have access to the linked file.
7.
The Commissioner recommends that electronic returns be accompanied by electronic tax payments. However, if you submit a check for
payment of tax, your check must be accompanied by a Tax Payment Voucher that includes the necessary information to process your
payment.
The Commissioner has provided worksheet examples that show an original entry for a well and subsequent reports amending the information for a
well code change, a volume/value change, a change for an inventory split, and a change of API number. The following provides specific
information on each of the examples:
ORIGINAL ENTRY (Example 1):
1.
"Tax Paid by Others" and "Tax Paid with Report" must equal "Total Tax Due".
2.
"Tax Previously Paid" must not be used on an original report.
WELL CODE CHANGE (Example 2):
1.
Complete a replacement entry using the correct well code.
2.
"Tax Previously Paid" must be the amount paid on the original return for the applicable sequence number.
3.
"Tax Previously Paid" must be subtracted from the "Total Tax Due" to determine "Tax Due with Report".
4.
"Tax Due with Report" can result in no change in tax liability, in additional tax due, or a credit/refund.
VOLUME/VALUE CHANGE (Example 3):
1.
Complete a replacement entry using the correct volumes and values.
2.
"Tax Previously Paid" must be the amount paid on the original return for the applicable sequence number.
3.
"Tax Previously Paid" must be subtracted from the "Total Tax Due" to determine "Tax Due with Report".
4.
"Tax Due with Report" can result in no change in tax liability, in additional tax due, or a credit/refund.
CHANGE FOR INVENTORY SPLIT (Example 4):
1.
Complete a replacement entry using the correct information for each well code. Provide a sequence number for the additional entry.
2.
"Tax Previously Paid" must be the amount paid on the original return for the applicable sequence number.
3.
"Tax Previously Paid" must be subtracted from the "Total Tax Due" to determine "Tax Due with Report".
4.
"Tax Due with Report" can result in no change in tax liability, in additional tax due, or a credit/refund.
API NUMBER CHANGE (Example 5):
1.
Complete a replacement entry showing zero volume and value for the wrong API number.
2.
Complete a replacement entry showing the volume and value for the correct API number.
3.
"Tax Previously Paid" must be the amount paid on the original return for the applicable sequence number.
4.
"Tax Previously Paid" must be subtracted from the "Total Tax Due" to determine "Tax Due with Report".
5.
"Tax Due with Report" can result in no change in tax liability, in additional tax due, or a credit/refund.
CONTACTS:
Technical Assistance, Taxpayer Assistance ........................................................................... 701.328.3657
FAX Number ......................................................................................................................... 701. 328.1942
E-mail ................................................................................................................................... oiltax@nd.gov
Web Site Address .............................................................................................................. www.nd.gov/tax
Mailing Address:
North Dakota Office of State Tax Commissioner
Oil and Gas Tax Section
600 E. Boulevard Ave.
Bismarck, ND 58505-0599
29414
T12 OIL REPORT AMENDMENT INSTRUCTIONS
INTRODUCTION:
These instructions provide the information needed to file an amended T-12 Oil Report using the Excel spreadsheet format, which is available on
the Commissioner's home page at www.nd.gov/tax or by contacting the Oil and Gas Tax Section at oiltax@nd.gov.
INSTRUCTIONS:
1.
Each return must be submitted in a separate file attachment. Each amended reporting period requires a separate return.
2.
DO NOT SUBMIT A CREDIT ENTRY to "backout" previously reported information. SUBMIT A "REPLACEMENT" ENTRY
with the correct information.
3.
THE CORRECT SEQUENCE NUMBER IS IMPORTANT, be sure to use the sequence number previously reported when "replacing"
an entry and assign another sequence number if making an additional entry for an API number.
4.
Provide the C or R indicator if your report results in a credit balance, to indicate your choice of a credit or refund.
5.
Formulas may be used to provide calculations within the spreadsheet but do not change the format of any cells. The Commissioner
has decided not to provide calculation capabilities, our policy is to not prepare any part of a taxpayer's return.
6.
DO NOT link the spreadsheet to another file. The spreadsheet file will not include the necessary data because the Commissioner will not
have access to the linked file.
7.
The Commissioner recommends that electronic returns be accompanied by electronic tax payments. However, if you submit a check for
payment of tax, your check must be accompanied by a Tax Payment Voucher that includes the necessary information to process your
payment.
The Commissioner has provided worksheet examples that show an original entry for a well and subsequent reports amending the information for a
well code change, a volume/value change, a change for an inventory split, and a change of API number. The following provides specific
information on each of the examples:
ORIGINAL ENTRY (Example 1):
1.
"Tax Paid by Others" and "Tax Paid with Report" must equal "Total Tax Due".
2.
"Tax Previously Paid" must not be used on an original report.
WELL CODE CHANGE (Example 2):
1.
Complete a replacement entry using the correct well code.
2.
"Tax Previously Paid" must be the amount paid on the original return for the applicable sequence number.
3.
"Tax Previously Paid" must be subtracted from the "Total Tax Due" to determine "Tax Due with Report".
4.
"Tax Due with Report" can result in no change in tax liability, in additional tax due, or a credit/refund.
VOLUME/VALUE CHANGE (Example 3):
1.
Complete a replacement entry using the correct volumes and values.
2.
"Tax Previously Paid" must be the amount paid on the original return for the applicable sequence number.
3.
"Tax Previously Paid" must be subtracted from the "Total Tax Due" to determine "Tax Due with Report".
4.
"Tax Due with Report" can result in no change in tax liability, in additional tax due, or a credit/refund.
CHANGE FOR INVENTORY SPLIT (Example 4):
1.
Complete a replacement entry using the correct information for each well code. Provide a sequence number for the additional entry.
2.
"Tax Previously Paid" must be the amount paid on the original return for the applicable sequence number.
3.
"Tax Previously Paid" must be subtracted from the "Total Tax Due" to determine "Tax Due with Report".
4.
"Tax Due with Report" can result in no change in tax liability, in additional tax due, or a credit/refund.
API NUMBER CHANGE (Example 5):
1.
Complete a replacement entry showing zero volume and value for the wrong API number.
2.
Complete a replacement entry showing the volume and value for the correct API number.
3.
"Tax Previously Paid" must be the amount paid on the original return for the applicable sequence number.
4.
"Tax Previously Paid" must be subtracted from the "Total Tax Due" to determine "Tax Due with Report".
5.
"Tax Due with Report" can result in no change in tax liability, in additional tax due, or a credit/refund.
CONTACTS:
Technical Assistance, Taxpayer Assistance ........................................................................... 701.328.3657
FAX Number ......................................................................................................................... 701. 328.1942
E-mail ................................................................................................................................... oiltax@nd.gov
Web Site Address .............................................................................................................. www.nd.gov/tax
Mailing Address:
North Dakota Office of State Tax Commissioner
Oil and Gas Tax Section
600 E. Boulevard Ave.
Bismarck, ND 58505-0599
29414
Value of Exempt
Other Party
Sequence
Barrels of Oil
Value of Oil
Taxable Value
Total Production
Production Tax
Production Tax
Production Tax
Total Extraction
Extraction Tax
Extraction Tax
Extraction Tax
Well
Pool
Posting
Oil
Additional
Transportation
Other
Condensate
API Number
Government
Federal I.D.
(i.e. 01201234)
Number
Purchased/Sold
Purchased/Sold
of Oil
Tax Due
Previously Paid
Paid By Others
Paid with Report
Tax Due
Previously Paid
Paid By Others
Paid with Report
Code
Code
Code
Gravity
Value
Deduction
Deductions
(Y or N)
Royalties
Number
ORIGINAL ENTRY: (Example 1)
Tax Due
01201234
1
100.00
2000.00
0.00
2000.00
100.00
0.00
0.00
100.00
80.00
0.00
0.00
80.00 NW
40 NX01
40.0
0.00
0.00
0.00
N
123456789
No Tax Due
01201234
1
100.00
2000.00
0.00
2000.00
100.00
0.00
100.00
0.00
80.00
0.00
80.00
0.00 NW
40 NX01
40.0
0.00
0.00
0.00
N
123456789
WELL CODE CHANGE: (Example 2)
Tax Due
01201234
1
100.00
2000.00
0.00
2000.00
100.00
100.00
0.00
0.00
130.00
80.00
0.00
50.00 WW
40 NX01
40.0
0.00
0.00
0.00
N
123456789
Credit/Refund
01201234
1
100.00
2000.00
0.00
2000.00
100.00
100.00
0.00
0.00
0.00
80.00
0.00
(80.00) S1
40 NX01
40.0
0.00
0.00
0.00
N
123456789
No Tax Due
01201234
1
100.00
2000.00
0.00
2000.00
100.00
0.00
100.00
0.00
130.00
0.00
130.00
0.00 WW
40 NX01
40.0
0.00
0.00
0.00
N
123456789
VOLUME/VALUE CHANGE: (Example 3)
Tax Due
01201234
1
150.00
3000.00
0.00
3000.00
150.00
100.00
0.00
50.00
120.00
80.00
0.00
40.00 NW
40 NX01
40.0
0.00
0.00
0.00
N
123456789
Credit/Refund
01201234
1
50.00
1000.00
0.00
1000.00
50.00
100.00
0.00
(50.00)
40.00
80.00
0.00
(40.00) NW
40 NX01
40.0
0.00
0.00
0.00
N
123456789
No Tax Due
01201234
1
150.00
3000.00
0.00
3000.00
150.00
0.00
150.00
0.00
120.00
0.00
120.00
0.00 NW
40 NX01
40.0
0.00
0.00
0.00
N
123456789
CHANGE FOR INVENTORY SPLIT: (Example 4)
Credit/Refund
01201234
1
50.00
1000.00
0.00
1000.00
50.00
100.00
0.00
(50.00)
40.00
80.00
0.00
(40.00) NW
40 NX01
40.0
0.00
0.00
0.00
N
123456789
01201234
2
50.00
1000.00
0.00
1000.00
50.00
0.00
0.00
50.00
0.00
0.00
0.00
0.00 S1
40 NX01
40.0
0.00
0.00
0.00
N
123456789
Coversheet Totals
$0.00
($40.00)
No Tax Due
01201234
1
50.00
1000.00
0.00
1000.00
50.00
0.00
50.00
0.00
40.00
0.00
40.00
0.00 NW
40 NX01
40.0
0.00
0.00
0.00
N
123456789
01201234
2
50.00
1000.00
0.00
1000.00
50.00
0.00
50.00
0.00
0.00
0.00
0.00
0.00 S1
40 NX01
40.0
0.00
0.00
0.00
N
123456789
API NUMBER CHANGE: (Example 5)
01201234
1
0.00
0.00
0.00
0.00
0.00
100.00
0.00
(100.00)
0.00
80.00
0.00
(80.00) NW
40 NX01
40.0
0.00
0.00
0.00
N
123456789
01204321
1
100.00
2000.00
0.00
2000.00
100.00
0.00
0.00
100.00
80.00
0.00
0.00
80.00 NW
40 NX01
40.0
0.00
0.00
0.00
N
123456789
Coversheet Totals
$0.00
$0.00

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