The Kentucky 51A113 form is a Consumer's Use Tax Return used by individuals and businesses in Kentucky to report and pay taxes on certain purchases. This form is essential for those who have acquired tangible personal property, digital property, or extended warranty services without having paid the appropriate sales tax. Filing this return accurately and on time is crucial to ensure compliance with Kentucky tax regulations.
The Kentucky 51A113 form is an essential document for individuals and businesses in Kentucky who are responsible for reporting and paying the consumer’s use tax. This form is specifically designed for those who are not registered as consumers or retailers, allowing them to declare purchases of tangible personal property, digital property, and extended warranty services that are subject to use tax. The use tax rate in Kentucky is set at 6 percent, which applies to items bought without the payment of sales tax. To complete the form accurately, taxpayers must provide detailed information about their purchases, including the date of sale, price, and a description of the items. Additionally, the form outlines the process for calculating the total tax due, including any penalties or interest for late payments. It's important to note that the return must be filed within 20 days following the month of purchase, along with any payment owed. By adhering to these guidelines, taxpayers can ensure compliance and avoid potential penalties, making the 51A113 form a crucial component of tax responsibilities in Kentucky.
51A113(O) (9-21)
Read instructions on reverse
Commonwealth of Kentucky
CONSUMER’S USE TAX RETURN
before completing return.
DEPARTMENT OF REVENUE
For Month of _____________________ , 20____
Type or Print
Enter Applicable Number:
SSN __ __ __ – __ __ – __ __ __ __
FEIN __ __ – __ __ __ __ __ __ __
Name and
Name
Address
P.O. Box or Number and Street
City or Town
County
State
ZIP Code
Nature of
Important: An accurate description of your business is necessary.
Business
(if any)
List All Purchases of Tangible Personal Property, Digital Property, and Extended Warranty Services Subject to Use Tax
Date of
Sale Price of
Name and Address of Seller
Description of Property
Purchase
Property and Services
Purchased
$
(If additional space is needed, see reverse.)
1.
Total sale price of tangible personal property, digital property, and extended warranty
services subject to use tax
1
2.
Use tax (6% of Line 1)
2
3.
Compensation (1 3/4% of first $1,000 of tax, 1.5% over $1,000)
(see instructions) (Compensation shall not exceed $50)
.............................................................
3
4.
Tax due (Line 2 minus Line 3)
4
5.
Penalty (if any) (see instructions)
5
6.
Interest (if any) (see instructions)
6
7.
Total amount due and payable (total of Lines 4, 5 and 6)
7
I declare, under the penalties of perjury, that this return (including any accompanying schedules and statements) has been examined by me and to the best of my knowledge and belief is a true, correct and complete return.
Date
Taxpayer’s Signature
Make check payable to Kentucky State Treasurer.
Mail return with check to: Department of Revenue
Frankfort, Kentucky 40619
NOTICE
This form is to be filed only by persons or firms liable for use tax who are not: (1) registered consumers or (2) registered retailers. Registered consumers and retailers must use returns mailed to them by the Department, or filed electronically.
INSTRUCTIONS
Time and Place for Filing—A consumer’s use tax return is due 20 days following the month in which a purchase of tangible personal property, digital property, and extended warranty services is made upon which Kentucky sales or use tax has not been paid. The return together with remittance for the total amount due shall be mailed to the Department of Revenue, Frankfort, Kentucky 40619. Remittance should be made payable to the Kentucky State Treasurer.
Tax Rate—The use tax rate is 6 percent of the sales price of all tangible personal property, digital property, and extended warranty services purchased during the month without payment of sales tax.
Sale Price—This means the cost of the tangible personal property, digital property, and extended warranty services to the purchaser less any cash discount received, valued in money or otherwise.
Tangible Personal Property, Digital Property, and Extended Warranty Services—Tangible Personal Property means personal property that is tangible and movable such as mobile homes, campers, airplanes, lumber, clothing, tools, machines, furniture and all other types of goods and merchandise. Digital property means any of the following which is transferred electronically: digital audio works, digital books, finished artwork, digital photographs, periodicals, newspapers, magazines, video greeting cards, audio greeting cards, video games, electronic games and any digital code related to this property. Extended warranty services means services provided through a service contract agreement between the contract provider and the purchaser where the purchaser agrees to pay compensation for the contract and the provider agrees to repair, replace, support, or maintain tangible personal property or digital property according to the terms of the contract. Extended warranty services are only subject to use tax provided the service agreement is sold or extended after July 1, 2018, and the tangible personal property or digital property for which the service agreement is purchased is subject to tax under KRS 139 or KRS 138.460.
Completing the Return—List in the space provided all purchases of tangible personal property, digital property, and extended warranty services subject to use tax, and enter the total on Line 1. All tangible personal property, digital property, and extended warranty services purchased for storage, use or consumption without payment of Kentucky sales and use tax should be listed and included on Line 1.
Penalties and Interest—The penalty for failure to file a return by the due date is 2 percent of the tax for each 30 days or fraction thereof. The total late filing penalty shall not exceed 20 percent of the tax except when the percentage penalty would be less than $10. In such case the penalty shall be $10. Interest will apply to any late payments as provided by KRS 131.183. To calculate the interest, divide the annual interest percentage for underpayments (for 2018 6%) by 365 days and multiply the result by the number of days late times the tax amount. (Example: for 2021, .05/365 X “#” of days late X “$” tax amount.)
The penalty for failure to pay the tax within the time prescribed is 2 percent of the tax not timely paid for each 30 days payment is late—a minimum of $10 is imposed.
Compensation—Compensation is not allowable on any tax not paid on or before the due date. (Compensation shall not exceed $50.)
Additional Space for Listing Tangible Personal Property, Digital Property, and
Extended Warranty Services Subject to Use Tax
Subtotal: Sale price of purchases (include in total on Line 1, front page) .............................................
Kentucky Title Lien Release - Designed to make the management of vehicle liens transparent, preventing future disputes over ownership.
When navigating the complexities of divorce, understanding the importance of a well-crafted divorce settlement agreement can be invaluable. For those seeking clarity in this process, accessing essential resources related to the Colorado Divorce Settlement Agreement can provide critical insights and guidance.
Kentucky Form 740 - Facilitates the designation of a portion of any overpayment to next year's estimated tax or to other state funds through donations.