Form SG-1 "Virginia Small Grains Assessment Return" - Virginia

What Is Form SG-1?

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

Form Details:

  • Released on July 1, 2005;
  • The latest edition provided by the Virginia Department of the Treasury;
  • 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 SG-1 by clicking the link below or browse more documents and templates provided by the Virginia Department of the Treasury.

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Download Form SG-1 "Virginia Small Grains Assessment Return" - Virginia

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Small Grains Assessment Return Instructions
General: The handler of small grains who purchases small grains (barley,
mailing address, or if you are completely out of business, complete Form
oats, rye or wheat) produced in Virginia shall deduct from payments made
R-3, Registration Change Request or notify the department by letter. Send
to the farmer the amount of the assessment levied thereon and shall
the form or letter to the Virginia Department of Taxation, P.O. Box 1114,
remit such assessment to the Virginia Department of Taxation along with
Richmond, Virginia 23218-1114.
a statement of the gross volume of Virginia produced small grains which
has been handled.
Questions: Call (804) 786-2450 or write the Virginia Department of
Taxation, P.O. Box 715, Richmond, VA 23218-0715. If you have Internet
“Handler” means any person who purchases small grains from a farmer
access, you can obtain most Virginia tax forms from the Department’s web
and includes a farmer who transports and sells his own grain out of state.
site www.tax.virginia.gov.
“Handler” also means any person, public or private corporation, or any
association or partnership buying, accepting for shipment, or otherwise
Assessment Rate: The assessment is one-half of one percent (.005) of
acquiring property in small grains from a farmer, and shall include a
the selling price per bushel.
mortgagee, pledgee, lienor, or other person, public or private, having a
claim against the farmer, when the actual or constructive possession of
Interest: Interest at the underpayment rate established by Section 6621
such small grains are taken as part payment or in satisfaction of such
of the Internal Revenue Code, plus 2%, will be added to the tax if not paid
mortgage, pledge, lien or claim.
by the due date. Enter interest if you file the return and/or pay the tax after
the due date.
Filing Procedure: The Small Grains Assessment form must be filed with the
Virginia Department of Taxation along with payment for the amount collected
Penalties and Interest: If the tax is not paid when due, a penalty of 5% of
from farmers in the previous quarter. Returns are due by the last day of
the tax due will be added to the tax, and the Virginia Department of Taxation
the month following March 31, June 30, September 30, and December 31.
will notify the taxpayer of such delinquency. If the tax and penalty are not
paid within 30 days of the notification, interest at the underpayment rate
Send completed return below to: Virginia Department of Taxation
established by Section 6621 of the Internal Revenue Code, plus 2%, will
Virginia Small Grains Assessment
be added on both the tax and penalty.
PO Box 2185
Richmond VA 23218-2185
Declaration and Signature: Be sure to sign, date and enter your phone
number on the return in the space indicated.
Change of Address or Out-of-Business: If you change your business or
Worksheet For Computing Small Grains Assessment
Complete this worksheet and transfer items indicated by the arrows to corresponding lines on Small Grains Assessment return
(Form SG-1) below.
1
Total Number of Bushels
Enter the total of Virginia produced bushels of small grains handled.
(Including those sold to out-of-state dealers, others and those produced by the handler.)
2
Total Sales Price
Enter the total sales price of all Virginia produced bushels handled.
3
Assessment
Enter the amount of the assessment, .5% of selling price per bushel.
(Line 2 X .005)
4
Interest for Late Filing and Payment
See instructions above.
5
Total
Enter total amount due. (Add Lines 3 and 4)
Detach at dotted line below. DO NOT SEND ENTIRE PAGE.
Virginia Small Grains Assessment Return
Form SG-1
(Doc ID 241)
Do NOT staple.
For assistance, call (804)786-2450.
Period
Due Date
g
Barley
g
Check each type of grain
Wheat
0000000000000000 2410000 000000
handled during this period.
g
Oat
g
Acct. #
FEIN
Rye
1 Total Number of Bushels
Name
2 Total Sales Price
Address
3 Assessment
City
State
ZIP
(Line 2 X .005)
4 Interest for Late Filing and Payment
I declare that this return (including accompanying schedules and statements) has been
examined by me and to the best of my knowledge and belief is true, correct and complete.
5 Total
Signature
Date
Phone Number
(Add Lines 3 and 4)
Va. Dept. of Taxation SG-1 AR F 2601172 REV 7/05
Small Grains Assessment Return Instructions
General: The handler of small grains who purchases small grains (barley,
mailing address, or if you are completely out of business, complete Form
oats, rye or wheat) produced in Virginia shall deduct from payments made
R-3, Registration Change Request or notify the department by letter. Send
to the farmer the amount of the assessment levied thereon and shall
the form or letter to the Virginia Department of Taxation, P.O. Box 1114,
remit such assessment to the Virginia Department of Taxation along with
Richmond, Virginia 23218-1114.
a statement of the gross volume of Virginia produced small grains which
has been handled.
Questions: Call (804) 786-2450 or write the Virginia Department of
Taxation, P.O. Box 715, Richmond, VA 23218-0715. If you have Internet
“Handler” means any person who purchases small grains from a farmer
access, you can obtain most Virginia tax forms from the Department’s web
and includes a farmer who transports and sells his own grain out of state.
site www.tax.virginia.gov.
“Handler” also means any person, public or private corporation, or any
association or partnership buying, accepting for shipment, or otherwise
Assessment Rate: The assessment is one-half of one percent (.005) of
acquiring property in small grains from a farmer, and shall include a
the selling price per bushel.
mortgagee, pledgee, lienor, or other person, public or private, having a
claim against the farmer, when the actual or constructive possession of
Interest: Interest at the underpayment rate established by Section 6621
such small grains are taken as part payment or in satisfaction of such
of the Internal Revenue Code, plus 2%, will be added to the tax if not paid
mortgage, pledge, lien or claim.
by the due date. Enter interest if you file the return and/or pay the tax after
the due date.
Filing Procedure: The Small Grains Assessment form must be filed with the
Virginia Department of Taxation along with payment for the amount collected
Penalties and Interest: If the tax is not paid when due, a penalty of 5% of
from farmers in the previous quarter. Returns are due by the last day of
the tax due will be added to the tax, and the Virginia Department of Taxation
the month following March 31, June 30, September 30, and December 31.
will notify the taxpayer of such delinquency. If the tax and penalty are not
paid within 30 days of the notification, interest at the underpayment rate
Send completed return below to: Virginia Department of Taxation
established by Section 6621 of the Internal Revenue Code, plus 2%, will
Virginia Small Grains Assessment
be added on both the tax and penalty.
PO Box 2185
Richmond VA 23218-2185
Declaration and Signature: Be sure to sign, date and enter your phone
number on the return in the space indicated.
Change of Address or Out-of-Business: If you change your business or
Worksheet For Computing Small Grains Assessment
Complete this worksheet and transfer items indicated by the arrows to corresponding lines on Small Grains Assessment return
(Form SG-1) below.
1
Total Number of Bushels
Enter the total of Virginia produced bushels of small grains handled.
(Including those sold to out-of-state dealers, others and those produced by the handler.)
2
Total Sales Price
Enter the total sales price of all Virginia produced bushels handled.
3
Assessment
Enter the amount of the assessment, .5% of selling price per bushel.
(Line 2 X .005)
4
Interest for Late Filing and Payment
See instructions above.
5
Total
Enter total amount due. (Add Lines 3 and 4)
Detach at dotted line below. DO NOT SEND ENTIRE PAGE.
Virginia Small Grains Assessment Return
Form SG-1
(Doc ID 241)
Do NOT staple.
For assistance, call (804)786-2450.
Period
Due Date
g
Barley
g
Check each type of grain
Wheat
0000000000000000 2410000 000000
handled during this period.
g
Oat
g
Acct. #
FEIN
Rye
1 Total Number of Bushels
Name
2 Total Sales Price
Address
3 Assessment
City
State
ZIP
(Line 2 X .005)
4 Interest for Late Filing and Payment
I declare that this return (including accompanying schedules and statements) has been
examined by me and to the best of my knowledge and belief is true, correct and complete.
5 Total
Signature
Date
Phone Number
(Add Lines 3 and 4)
Va. Dept. of Taxation SG-1 AR F 2601172 REV 7/05