Fill Out a Valid Oklahoma Sales Form Create This Oklahoma Sales Now

Fill Out a Valid Oklahoma Sales Form

The Oklahoma Sales Tax Return Form STS20002 is a document used by vendors to report sales tax collected in Oklahoma for periods prior to July 1, 2017. This form must be completed and submitted even if no tax is due. It includes sections for identifying the taxpayer, reporting sales, and detailing any exemptions or deductions applicable to the sales tax liability.

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The Oklahoma Sales Tax Return Form STS20002 is an essential document for vendors who need to report their sales tax obligations prior to July 1, 2017. This form captures key information, including the taxpayer's identification number, reporting period, and due date. Vendors must indicate whether they are filing an amended return and provide their account number. The form also includes sections for detailing total sales, exemptions, and taxes due, making it easier for businesses to calculate their tax liabilities. Notably, the form requires vendors to list any sales tax exemptions they may qualify for, such as sales to those holding permits or agricultural sales. Additionally, it offers a section for city and county tax calculations, ensuring that all local obligations are met. Completing this form accurately is crucial for compliance, and it must be filed by the 20th day of the month following each reporting period, even if no sales occurred. Vendors are encouraged to pay close attention to the instructions provided to avoid penalties and ensure timely submission.

Sample - Oklahoma Sales Form

Oklahoma Tax Commission

Form STS20002

Oklahoma Sales Tax Return

for Filing Returns Prior to July 1, 2017.

This form is used to file Oklahoma Sales Tax Returns

PRIOR TO July 1, 2017.

STS

20002

-Office Use Only-

 

 

 

Revised 12-2019

 

 

 

 

Oklahoma Sales Tax Return

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A.Taxpayer FEIN

 

SSN

B. Reporting Period

C. Due Date

D. Account Number

(check one, enter number below)

 

 

 

 

 

 

 

 

 

 

 

 

 

E. Amended Return

01

H. Page _______ of _______ Page(s)

_______________________________________________________________

Name

 

 

_______________________________________________________________

Address

 

 

_______________________________________________________________

City

 

State

ZIP

I. Off-Premise

 

 

 

 

 

00

Beer Sales: (See Instructions) _______________________. _____

 

J. Sales Tax Exemption Schedule

 

 

- - - - Whole Dollars Only - - - -

3a.

Sales to Those Holding Sales

 

 

 

Tax Permits or Direct Pay Permits

___________________________

3b.

Gasoline Sales with State

 

 

 

Gasoline Tax Paid

___________________________

3c.

Motor Vehicle Sales on which

 

 

 

Excise Tax Has Been Paid

___________________________

3d.

Agricultural Sales

___________________________

3e.

Sales Subject to Federal Food

 

 

 

Stamp Exemption

___________________________

3f.

Returned Merchandise

___________________________

3g.

Other Legal Sales Tax Exemptions

 

 

 

(explain on page 2)

___________________________

F. Out of Business

Date Out of Business: ___________________________

MM/DD/YY

G.Mailing Address Change

G.New Mailing Address

________________________________________________

Address

________________________________________________

 

City

 

State

ZIP

 

 

 

- - - - - - - Dollars - - - - - - -

- Cents -

1.

Total Sales

________________________

00

. _______

2.

Removed from inventory and

 

 

 

 

consumed or used or purchases

 

 

00

 

for which direct payment is due . +

________________________

 

. _______

3.

Total Exemptions

 

 

00

 

(Total from Schedule J)

-

________________________

 

. _______

4.

Net taxable sales

=

________________________

00

. _______

5.

State Tax

=

________________________

. _______

6.City/County Tax (sum of line(s) P. of Column O from schedule below

and supplemental pages)

+ ________________________ . _______

7.Tax Due (Add lines 5 and 6) ........ = ________________________ . _______

8.Discount - Limit $2,500.

(Discount not allowed for direct pay)..- ________________________ . _______

9.

Interest

+

________________________

.

_______

10. Penalty

+

________________________

.

_______

11.

Total Due (If no total due put ‘0’)=

________________________

.

_______

City and County Tax Schedule

 

 

 

 

O. Amount of Tax Due

 

 

 

M. Net Sales Subject to Tax

N. Tax Rate

(Multiply Item M by Item N)

 

 

 

 

 

 

K. City/County Code

L. City/County Name

- - - Whole Dollars Only - - -

(%)

- - - Dollars - - -

Cents

 

12

13

14

15

16

17

18

P.TOTAL (if more space is needed, use supplement page[s])

Signature: ___________________________________________________________

Date: ______________________________

The information contained in this return and any attachments is true and correct to the best of my knowledge.

Form STS20002 Page 2

Oklahoma Sales Tax Return Instructions

General Instructions

Who Must File Form STS20002

Every vendor who is responsible for collecting/remitting payment of Oklahoma sales tax must file a Sales Tax Return. Returns must be filed for every period even though there is no amount subject to tax nor any tax due.

When To File Form STS20002

Returns must be postmarked on or before the 20th day of the month fol- lowing each reporting period.

Payment Information

Please send a separate check with each return submitted and put your Taxpayer Number (Item A) on your check.

Specific Instructions

ITEM A - Check the box next to the type of identification number being

used, and enter the taxpayer identification number.

ITEM B - Enter the month(s) and year for the sales being reported. (Begin with the month when you made your first sale)

ITEM C - Enter the date the return is due. ITEM D - Enter your Account Number.

ITEM E - Check Box E if this is an amended return.

ITEM F - If out of business and this will be your last sales tax return,

check Box F and give the Date Out of Business.

ITEM G - Check Box G if your mailing address has changed. Enter the new address in Item G. NOTE: Changes to location address must be submitted on the Notification of Business Address Change Form (BT-115-C-W), available at www.tax.ok.gov.

ITEM H - Enter the total number of pages enclosed to the right of the word “of.”

ITEM I - (Informational Only) This line should only include sales for low point off-premises consumption. It should not be used by bars and restaurants. Enter the total dollar amount of the monthly off-premises beer sales that was included in the total sales listed on Line 1. NOTE: This total is NOT a deductible

amount.

Line 1: Total Sales

Enter the amount of gross receipts of all sales, including taxable and non- taxable receipts, leases and rentals of tangible personal property. If no sales were made during the reporting period, leave blank.

Line 2: Removed from Inventory

Enter the sales value of tangible personal property purchased for resale and consumed or used in this reporting period. Any merchandise pur- chased tax exempt with your sales tax permit and withdrawn for use by you or your business is to be included in this line. Also include amounts for purchases for which you are paying the sales tax directly to the Okla- homa Tax Commission.

Line 3: Total Sales Tax Exemption

Use the Exemption Schedule, Item J, to complete the authorized exemp- tions from gross receipts for this reporting period. (Use lines 3a. through 3g.) Enter the amount of total sales tax exemptions on Line 3.

Specific Instructions - continued

City/County Tax Schedule Computation (Lines 12-18)

Column K - Enter the code for each city or county for which you are remitting tax.

Column L - Print the name of the city or county for which you are remit- ting tax.

Column M - Enter the “taxable sales” for each city/county associated with the code entered in Column K. If no “taxable sales” were made, leave blank.

Column N - Enter the current sales tax rate for each city/county for which you are remitting tax.

Column O- Multiply the amounts in Column M times the rates in Column N and enter the sales tax due for each city/county.

ITEM P. TOTAL: Add the total from Column O.

If additional supplemental pages are needed, download additional pages from our website at www.tax.ok.gov or call the Oklahoma Tax Commis- sion office at (405) 521-3160 and request the number of Sales Tax Return Supplement pages required.

Line 7: Tax Due

Add the amount on lines 5 and 6. This will be the total state, city, county tax due before any discount, interest or penalty is applied.

Line 8: Discount

If this return and remittance is filed by the due date in Item C, you are eligible for a 1% discount for timely payment. Multiply Line 7 (tax) by 0.01. The maximum discount allowed is $2,500.00. Make no entry if this return is late. No discount allowed for Direct Pay.

Line 9: Interest

If this return and remittance is postmarked after the due date in Item C, the tax is subject to interest from the due date (Item C) until it is paid. Mul- tiply the amount on Line 7 by 0.0125 the applicable rate for each month or part thereof that the return is late.

Line 10: Penalty

If this tax return and remittance is not postmarked within 15 calendar days of the due date, a 10% penalty is due. Multiply the tax amount on Line 7 by 0.10 to determine the penalty.

Line 11: Total Due

Total the return. Subtract Line 8 from Line 7, then add Line 9 and Line 10.

When You are Finished...

Sign and date the return and mail It with your payment to:

Oklahoma Tax Commission

Post Office Box 26850

Oklahoma City, OK 73126-0850

3g. Explanation of ‘Other Sales tax exemptions’:

______________________________________________________________

______________________________________________________________

______________________________________________________________

Line 4: Net Taxable Sales

Subtract Line 3 from the total of lines 1 and 2 to arrive at net taxable sales. If you have no amount subject to tax, leave blank.

Line 5: State Tax

Multiply Line 4 by the applicable tax rate. If there is no tax due, leave blank.

Line 6: Total from City/County Tax Schedule

Add the City/County tax due from Column O, Item P from City/County Tax Schedule and supplemental page(s).

Need Assistance?

For assistance, contact the Oklahoma Tax Commission’s Taxpayer Assistance Division at (405) 521-3160.

Mandatory inclusion of Social Security and/or Federal Identification numbers is required on forms filed with the Oklahoma Tax Commission pursuant to Title 68 of the Oklahoma Statutes and regulations thereunder, for identification purposes, and are deemed part of the confidential files and records of the Oklahoma Tax Commission.

The Oklahoma Tax Commission is not required to give actual notice of changes in any state tax law.

Form Properties

Fact Name Details
Form Title Oklahoma Sales Tax Return Form STS20002
Governing Law Title 68 of the Oklahoma Statutes
Filing Requirement Every vendor responsible for collecting sales tax must file this return.
Filing Frequency Returns must be filed for each reporting period, even with no tax due.
Due Date Returns must be postmarked by the 20th day of the month following the reporting period.
Amended Returns Check Box E if submitting an amended return.
Sales Tax Exemptions Exemptions must be reported using the Sales Tax Exemption Schedule.
Discount Eligibility A 1% discount is available for timely payments, up to a maximum of $2,500.
Interest and Penalties Interest applies to late payments; a 10% penalty is incurred if postmarked late.
Contact Information For assistance, contact the Oklahoma Tax Commission at (405) 521-3160.
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