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Can negative taxable sales be filed for a business location?

April 26, 2017Business filed location negative sales taxable

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Can negative taxable sales be filed for a business location?

3 Answers

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No. Negative taxable sales cannot be filed for a location on the return. When the credits allowed are greater than the tax collected, an amended return and Application for Refund/Credit (Form 472BAdobe Acrobat PDF) must be filed for the period in which the sales were actually filed.

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Posted

No. Negative taxable sales cannot be filed for a location on the return. When the credits allowed are greater than the tax collected, an amended return and Application for Refund/Credit ( Form 472B PDF file ) must be filed for the period in which the sales were actually filed.

0

Posted

No. Negative taxable sales cannot be filed for a location on the return. When the credits allowed are greater than the tax collected, an amended return and Application for Refund/Credit ( Form 472B ) must be filed for the period in which the sales were actually filed.