The 1 114 Texas form is a crucial document used by businesses to report their sales and use tax obligations to the state. This form helps ensure compliance with Texas tax laws, allowing taxpayers to accurately disclose their taxable sales and calculate the tax due. Understanding how to properly complete this form can alleviate potential issues with the Texas Comptroller's office and streamline your business's tax responsibilities.
The 1-114 Texas form serves as a crucial document for businesses operating within the state, facilitating the reporting of sales and use tax obligations. This form requires essential information such as the taxpayer's name, mailing address, and taxpayer number, ensuring that the correct entity is held accountable for tax filings. Each filing period is clearly defined, allowing taxpayers to keep track of their obligations over time. The form also includes specific boxes to indicate changes in business status, such as closure or relocation, which are vital for maintaining accurate records. Taxpayers must report total sales, taxable sales, and taxable purchases, ensuring that all financial transactions are transparent and accounted for. Additionally, the form allows for claims related to tax credits and refunds, particularly for items exported outside the United States. A detailed breakdown of state and local tax rates is provided, guiding taxpayers in calculating their total tax due. The document emphasizes the importance of timely filing, including potential discounts for early submissions, while also outlining penalties and interest for late payments. Ultimately, the 1-114 Texas form is designed to streamline the tax reporting process, ensuring compliance and accuracy for businesses navigating their financial responsibilities.
01- 14 (Rev.4-19/40)
b.
a.
c. Taxp yer number
d. Filing period
Taxpayer name and mailing address
g.
under Chapt
rs 552 and 559, G v rnment Cod , review, request and correct
information we have n file about you.
Contact us at the address or phone numbers indicated in the ins ruct ons.
Page 1 of
e.
f. Due date
Blacken this box if your mailing
address has ch nged. Sh w changes
by the preprinted information.
1.
Blacken this box if you are no longer
in
usiness. Write in the date you went
out of busin ss.
2.
Blacken this box if one of your
locations is out of business or has
changed its ad ress.
3.
.
i.
j. Are
t king c
it to reduce taxes due
is
return? If you are claiming
d bt cred to reduce YES
NO
your tax due, you
ust file ele tronically.
1
2
k. Did you refund sales tax f
r items expor ed outside
the U.S. based
a T xas Licen ed Cus oms
YES
Broker Export Certificate?
1.TOTAL TEXAS SALES (Whole dollars only)
2.TAXABLE SALES (Whole dollars only)
3.TAXABLE PURCHASES (Whole dollars only)
l. NO SALES -
PLEASE PRINT YOUR
NUMERALS LIKE THIS
6. Physical location (outlet) name and address
Outlet
(Do not use a P.O. box address.)
no.
7.AMOUNT OF TAX DUE FOR THIS OUTLET (Dollars and cents)
(Multiply "Amount subject to tax" by "TAX RATE" for state and local tax due)
TAX RATES
4.Amount subject to state tax
(Item plus Item 3)
5.Amount subject to local tax (Amount for city, transit, county and SPD must
equal.)b
X
=
7a.State tax (include in Item 8a)
7b.Local tax (include in Item 8b)
be
STATE TAX - Column a
LOCAL TAX - Column b
8.Total tax due (from all outlets or list supplements)
1-114
(Rev.4-19/40)
_
9. Prepayment credit
10. Adjusted tax due (Item 8 minus Item 9)
11. Timely filing discount (0.005)
12. Prior payments
13. Net tax due (Item 10 minus Items 11 and 12)
+
14. Penalty and interest (See instructions)
15a. Total state amount due
15b. Total local amount due
15. TOTAL STATE AND LOCAL AMOUNT DUE
(Item 13 plus Item 14)
Mail to: Comptroller of Public Accounts
P.O. Box 149354
Austin, TX 78714-9354
T Code
Taxpayer number
Period
16. TOTAL
AMOUNT PAID
(Total of Items
15a and 15b)
Taxpayer name
I declare that the information in this document and any attachments is true and correct to the best of my kn wledge.
Taxpayer or duly authorized agent
Date
Daytime phone
n.
Make check payable to:
STATE COMPTROLLER.
Form 2947 - Prepares employees for direct interaction with children, covering essential health and safety training.
In a Deed of Trust, Who Is the Trustee? - For enthusiasts of vintage automobiles in Texas, this form is the first step in categorizing a vehicle as antique, detailing state-specific requirements.