Form RIT-1 "Resource Indemnity Trust Tax - Industrial Mineral Producers" - Montana

What Is Form RIT-1?

This is a legal form that was released by the Montana Department of Revenue - a government authority operating within Montana. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on April 1, 2017;
  • The latest edition provided by the Montana Department of Revenue;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form RIT-1 by clicking the link below or browse more documents and templates provided by the Montana Department of Revenue.

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Download Form RIT-1 "Resource Indemnity Trust Tax - Industrial Mineral Producers" - Montana

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Montana
CLEAR FORM
RIT-1
Rev 04 17
Resource Indemnity Trust Tax
Industrial Mineral Producers
(All minerals except coal, garnet, quicklime, talc and vermiculite)
Name ___________________________________________________________________________________________
Address _________________________________________________________________________________________
Address _________________________________________________________________________________________
City, State, Zip ____________________________________________________________________________________
1. FEIN
2. Account ID
3. Period ________________ Due ________________
4. If this is an amended return, check here.
5. If you are no longer in business and want your
6. If your address has changed, check the box and print
account canceled, check box and enter final date.
new address below.
__________________________________________
____________________________
__________________________________________
7. Mine Operator
8. Mine Name
9. County
Section
Township
Range
Type of Mineral
Quantity
Gross Value
10. Sand and gravel ...............................................................10.
cu yds $
11. Silica .................................................................................11.
tons $
12. Precious stones ................................................................12.
carats $
13. Travertine/building stone ..................................................13.
tons $
14. Bentonite ..........................................................................14.
tons $
15. Limestone .........................................................................15.
tons $
16. Other. Indicate weight measurement ................................16.
____ $
17. Total gross value. Add lines 10 through 16 .................................................................. 17. $
Calculation of Resource Indemnity Trust Tax
18. Tax. Multiply line 17 by 0.005, with a minimum tax of $25...........................................18. $
19. Penalties ......................................................................................................................19. $
20. Interest.........................................................................................................................20. $
21. Total amount due. Add lines 18, 19 and 20 .............................................................21. $
I hereby swear or affirm under penalty of false swearing that the statements contained herein are true to the best of my
knowledge.
Signature ________________________________________________________________________________________
Title _______________________________________ Phone _____________________Date ______________________
Montana
CLEAR FORM
RIT-1
Rev 04 17
Resource Indemnity Trust Tax
Industrial Mineral Producers
(All minerals except coal, garnet, quicklime, talc and vermiculite)
Name ___________________________________________________________________________________________
Address _________________________________________________________________________________________
Address _________________________________________________________________________________________
City, State, Zip ____________________________________________________________________________________
1. FEIN
2. Account ID
3. Period ________________ Due ________________
4. If this is an amended return, check here.
5. If you are no longer in business and want your
6. If your address has changed, check the box and print
account canceled, check box and enter final date.
new address below.
__________________________________________
____________________________
__________________________________________
7. Mine Operator
8. Mine Name
9. County
Section
Township
Range
Type of Mineral
Quantity
Gross Value
10. Sand and gravel ...............................................................10.
cu yds $
11. Silica .................................................................................11.
tons $
12. Precious stones ................................................................12.
carats $
13. Travertine/building stone ..................................................13.
tons $
14. Bentonite ..........................................................................14.
tons $
15. Limestone .........................................................................15.
tons $
16. Other. Indicate weight measurement ................................16.
____ $
17. Total gross value. Add lines 10 through 16 .................................................................. 17. $
Calculation of Resource Indemnity Trust Tax
18. Tax. Multiply line 17 by 0.005, with a minimum tax of $25...........................................18. $
19. Penalties ......................................................................................................................19. $
20. Interest.........................................................................................................................20. $
21. Total amount due. Add lines 18, 19 and 20 .............................................................21. $
I hereby swear or affirm under penalty of false swearing that the statements contained herein are true to the best of my
knowledge.
Signature ________________________________________________________________________________________
Title _______________________________________ Phone _____________________Date ______________________
Resource Indemnity Trust Tax
Industrial Mineral Producers
(All minerals except coal, garnet, talc and vermiculite)
Account Information
Calculation of Resource Indemnity Trust Tax
Line 3:
This report is due 60 days after the end of the
Line 18: Tax due. Multiply line 17 by .005 (.5%), with a
calendar year.
minimum tax of $25.00.
Line 19: Penalties. For tax periods beginning after
Line 4:
If you are filing an amended return, this box must
December 31, 2006, the late payment penalty
be checked.
accrues at 1.2% a month, not to exceed 12% of
Line 5:
If you are no longer in business, enter your final
the tax due. In addition, a late filing penalty of
day of business.
$50 or the amount of the tax due, whichever is
less, also applies if the return is filed late. For tax
Line 6:
If your mailing address has changed, check the
periods beginning after December 31, 2016, the
box and provide your new address.
late payment penalty accrues at .5% per month,
Line 7:
Enter the mine operator.
calculated daily, not to exceed 12% of the tax due.
In addition, a late filing penalty of either $50 or 5%
Line 8:
Enter the mine name.
of the tax due each month, whichever is greater,
Line 9:
Enter the county where the mine is located and
not to exceed 25% of the tax due, also applies if
the legal description.
the return is filed late. Enter the penalties on line
19.
Total Gross Value
Line 20: Interest. If payment is delinquent, you are subject
Line 10: Enter the quantity and gross value of product at
to interest of 12% per year, calculated daily, from
the time of extraction.
the original due date of this report until paid.
Line 11: Enter the quantity and gross value of product at
Line 21: Total amount due. Add lines 18, 19 and 20.
the time of extraction.
Submit this amount with the return.
Line 12: Enter the quantity and gross value of product at
Sign the return and provide your title and daytime phone
the time of extraction.
number.
Line 13: Enter the quantity and gross value of product at
Sign up to access your Montana tax
the time of extraction.
information, file returns, pay taxes
Line 14: Enter the quantity and gross value of product at
and much more on TransAction
the time of extraction.
Portal (TAP) https://tap.dor.mt.gov.
Line 15: Enter the quantity and gross value of product at
Or...
the time of extraction.
Mail this return and payment to:
Line 16: Enter the quantity and gross value of product at
Department of Revenue
the time of extraction.
PO Box 5805
Line 17: Enter the total gross value. Add lines 10
Helena MT 59604-5805
through 16.
Make check payable to the Department of Revenue and
enter your Account ID from line 2 of the return on the memo
line.
Questions? Call us toll free at (866) 859-2254 (in Helena,
444-6900).
Montana Resource Indemnity Trust Tax
Industrial Minerals Payment Instructions
e-Pay
TransAction Portal
ACH Credit Program
https://tap.dor.mt.gov
revenue.mt.gov
under Online Services
Now Mobile!
● Pay and file online
Send payments from your financial institution. See our
website for more information.
● e-check (free) or
credit/debit card (small fee)
Pay by check
Help us apply your payment accurately!
● Make your check payable to Montana Department of
Revenue.
● Fill out the voucher below.
● Remove your check stub.
○ Provide your full FEIN and Montana Account ID.
● Write your FEIN or Account ID with period end date in
○ Identify the Period End Date that corresponds
the memo line of your check.
with the return you are filing.
● If you are paying for multiple tax periods, use separate
● Detach the voucher below and mail it with your check
vouchers for each tax period and specify the amount
to:
you want applied to that period.
Department of Revenue
PO Box 5805
Helena, MT 59604-5805
Payments of $500,000 or more must be made electronically.
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Cut line
Montana Resource Indemnity Trust Tax Industrial Minerals Payment Voucher
FEIN
Account ID
Name ____________________________________
Address _________________________________
Period End Date
M M D D Y Y Y Y
_________________________________________
Choose one:
Contact __________________________________
Original Return
Phone Number ____________________________
Amended Return
.
Amount Paid
Pay online at revenue.mt.gov
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