Form SEV502 (RV-R0002101) Severance Tax Return on Sand, Gravel Sandstone, Chert, and Limestone - Tennessee

What Is Form SEV502 (RV-R0002101)?

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

FAQ

Q: What is Form SEV502?A: Form SEV502 is the Severance Tax Return on Sand, Gravel Sandstone, Chert, and Limestone in Tennessee.

Q: What is the purpose of Form SEV502?A: The purpose of Form SEV502 is to report and pay severance taxes on the extraction of sand, gravel, sandstone, chert, and limestone in Tennessee.

Q: Who needs to file Form SEV502?A: Any individual or business engaged in the extraction of sand, gravel, sandstone, chert, or limestone in Tennessee needs to file Form SEV502.

Q: When is Form SEV502 due?A: Form SEV502 is due annually on or before the 20th day of the month following the end of the reporting period.

Q: Are there any penalties for late filing of Form SEV502?A: Yes, there are penalties for late filing of Form SEV502. The penalties may include late filing fees and interest on the unpaid taxes.

Q: What other supporting documents do I need to include with Form SEV502?A: You may need to include additional documents such as supporting schedules or proof of payment of taxes with your Form SEV502. Refer to the instructions for the form for specific requirements.