Fill a Valid Nyc Uxs Template Launch Editor Here

Fill a Valid Nyc Uxs Template

The NYC UXS form, officially named the Return of Excise Tax by Vendors of Utility Services, is a crucial document for businesses that supply utility services in New York City and are not supervised by the Department of Public Service. This form is used to report and pay excise taxes on gross operating income derived from the provision of utilities such as gas, electricity, steam, water, refrigeration, and telecommunications services, as well as from the operation of omnibuses, excluding those operated by a limited fare omnibus company. The form outlines specifics on reporting periods, business entity details, gross operating income calculations, applicable tax rates, credits, and due balances.

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Outline

Managing utility services in New York City comes with its set of obligations, among which is the filing of the NYC UXS form. This vital document serves as a return of excise tax for vendors of utility services not under the Department of Public Service's supervision. It captures a wide scope of utility provisions, including gas, electricity, steam, water, refrigeration, and telecommunications services. Required from various business entities such as corporations, partnerships, and individuals, the form details a comprehensive reporting period and necessitates accurate information about the business, including gross operating income and the computation of taxes due. Through schedules and certifications, it meticulously outlines payments, credits, and rebates alongside any applicable penalties or interest on late payments. Crucially, the form also sets the stage for claims on refunds or overpayments, underlining the legal and financial responsibilities of utility service vendors in New York City. The form's design ensures that utility taxes are reported, calculated, and paid correctly, reflecting the city's broader regulatory framework and tax collection mechanisms for utility service providers.

Example - Nyc Uxs Form

-UXS

 

RETURN OF EXCISE TAX BY VENDORS OF UTILITY SERVICES

 

FORUSEBYPERSONS(OTHERTHANALIMITEDFAREOMNIBUSCOMPANY)NOTSUBJECTTOTHESUPERVISION

 

 

OFTHEDEPARTMENTOFPUBLICSERVICEWHOFURNISHORSELLUTILITYSERVICESOROPERATEOMNIBUSES

 

 

 

 

 

Period beginning ________-_________-________

Period ending ________-_________-________

*70312391*

Name:

Name

n

 

 

Change

__________________________________________________________________________________________

In Care of:

__________________________________________________________________________________________

Address (number and street):

Address

n

 

 

Change

__________________________________________________________________________________________

City and State:

Zip:

Country (if not US):

__________________________________________________________________________________________

 

Business Telephone Number:

Taxpayer’s Email Address

 

 

 

 

EMPLOYER

IDENTIFICATION

NUMBER:

OR

SOCIAL

SECURITY

NUMBER:

FEDERAL

BUSINESS

CODE:

2-CHARACTER SPECIAL CONDITION CODE IF APPLICABLE (SEE INSTRUCTIONS):

Check type of business entity: nCorporation nPartnership

nIndividual

nAmended return

nInitial return: Date business began nn-nn-nnnn

nFinal return: Date business ended nn-nn-nnnn

 

(Check this box if you have ceased operations in NYC)

SCHEDULE A Computation of Gross Operating Income (See instructions)

A. Payment

..................................................Amount being paid electronically with this return

A.

 

 

 

 

 

Payment Amount

t GROSS OPERATING INCOME t (see instructions)

RECEIPTS FROM SALESAND SERVICES(withoutanydeductions)

1.Gas ·································································································································································· 1.

2.Electricity ·················································································································································· 2.

3.Steam ··························································································································································· 3.

4.Water ···························································································································································· 4.

5.Refrigeration ······································································································································· 5.

6.Telecommunications Services ························································································ 6.

7.Passenger revenue (omnibus operation) ························································· 7.

8.Miscellaneous (attach schedule) ················································································ 8.

9.TOTAL GROSS OPERATING INCOME ···························································· 9.

COLUMNA - TAXABLEAT 1.17%

1.

2.

3.

4.

5.

6.

7.

8.

9.

COLUMN B - TAXABLEAT 2.35%

t COMPUTATION OFAMOUNT DUE t

10.

line 9, Column A X 1.17% ·······································································································································································································

10.

 

 

 

11.

line 9, Column B X 2.35% ·······································································································································································································

11.

 

 

 

12.

Add lines 10 and 11 ························································································································································································································

12.

 

 

 

13.

Sales and use tax refunded ······································································································································································································

13.

 

 

 

14.

TOTAL TAX (Add lines 12 and 13)·················································································································································································

14.

 

 

 

15a.

......REAP Credit (from NYC-9.5UTX, Section I, line 11, or Section II, line 3) (attach form)

15a.

 

 

 

 

 

15b.

...LMREAP Credit (from Form NYC-9.8UTX, Section I, line 11, or Section II, line 3)

15b.

 

 

 

 

 

15c.

Credit for rebates and discounts of charges for energy users (attachschedule).

15c.

 

 

 

 

 

15d.

Previous payment

15d.

 

 

 

 

 

16.

TOTAL PAYMENTS AND CREDITS (add lines 15a through 15d) ·························································································

16.

 

 

 

17.

If line 14 is larger than line 16, enter balance due ···································································································································

17.

 

 

 

18.

If line 14 is smaller than line 16, enter overpayment ····································································································································

18.

 

 

 

19.

Amount of line 18 to be applied to:

(a) Refund············································································································································

19a.

 

 

 

 

(b) Corporation Tax, or·················································································································

19b.

 

 

 

 

(c) Unincorporated Business Tax ·········································································

19c.

 

 

20.

Interest (see instructions) ······································································································································································································

20.

 

 

 

21.

Penalty (see instructions) ·····································································································································································································

21.

 

 

 

22.

TOTAL REMITTANCE DUE (line 17 plus lines 20 and 21)···········································································································

22.

 

 

 

CERTIFICATION OF t TAXPAYER t

I hereby certify that this return, including any accompanying schedules or statements, has been examined by me, and is, to the best of my knowledge and belief, true, correct and complete.

 

Firm's Email Address:

I authorize the Dept. of Finance to discuss this return with the preparer listed below. (see instructions) .................YES

n

 

__________________________________________

 

 

 

 

 

 

 

 

 

 

Preparer's Social Security Number or PTIN

Signature of owner, partner

or officer of corporation s

Title s

Date s

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Preparer's signature s

Preparer’s printed name s

Date s

 

Check if self-

Firm's Employer Identification Number

 

 

 

 

 

employed ✔

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

n

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Firm's name s

Address s

 

Zip Code s

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

70312391

SEE PAGE 2 FOR MAILING AND PAYMENT INFORMATION

NYC-UXS - 2022

Form NYC-UXS

Page 2

SCHEDULE B

Enter below the names and addresses of all locations where the taxpayer conducts business covered by this return and the amount of gross operating income applicable to each location. Attach rider if additional space is needed.

NAME

ADDRESS

GROSS OPERATING

INCOME

ADDITIONALINFORMATION REQUIRED

A.State kind and nature of business__________________________________________________________________________________________________

B.Telephone number (_______) ________ - __________________

C.If a corporation, in what state did you incorporate? _____________________________________

D. Does this return cover business at more than one location?

......................nYES nNO (IF YES, YOU MUST COMPLETE SCHEDULE B ABOVE)

E.The books of the taxpayer are in the care of: _________________________________________________________________________________________

 

Name s

Address s

Telephone s

F.

Does this taxpayer pay rent greater than $200,000 for any premises in NYC in the borough of Manhattan south of

 

 

 

96th Street for the purpose of carrying on any trade, business, profession, vocation or commercial activity?

nYES

nNO

G. If "YES", were all required Commercial Rent Tax Returns filed?

....................................................................................................................................................................................

nYES

nNO

Please enter Employer Identification Number which was used on the Commercial Rent Tax Return:___________________________

ALLRETURNSEXCEPTREFUNDRETURNS

NYC DEPARTMENT OF FINANCE

UTILITY TAX

P.O. BOX 5564

BINGHAMTON, NY 13902-5564

MAILING INSTRUCTIONS

REMITTANCES

PAY ONLINE WITH FORM NYC-200V

AT NYC.GOV/ESERVICES

OR

MailPaymentandFormNYC-200VONLYto:

NYC DEPARTMENT OF FINANCE

P.O. BOX 3933

NEW YORK, NY 10008-3933

RETURNSCLAIMINGREFUNDS

NYC DEPARTMENT OF FINANCE

UTILITY TAX

P.O. BOX 5563

BINGHAMTON, NY 13902-5563

*70322391*

70322391

NEW YORK CITY DEPARTMENT OF FINANCE

Instructions for Form NYC-UXS

IMPORTANTINFORMATIONCONCERNINGFORMNYC-200VANDPAYMENTOFTAXDUE

Payments may be made on the NYC Department of Finance website at nyc.gov/eservices, or via check or money order. If paying with check or money order, do not include these payments with your NewYork Cityreturn. Checks and money orders must be accompanied by paymentvoucherformNYC-200Vandsent totheaddressonthevoucher. FormNYC-200Vmust bepostmarked bythe returndue dateto avoidlatepaymentpenaltiesandinterest. Seeform NYC-200Vformoreinformation.

GENERAL INFORMATION

HIGHLIGHTS OFLEGISLATION

For tax periods beginning on or after January 1, 2009, Utility Tax re- funds may be claimed up to three years from the time the return is filed or two years from the time the tax is paid, the same as the period apply- ing to refunds of General Corporation Tax, Business Corporation Tax, the Unincorporated Business Tax, and the Bank Tax. Administrative Code section 11-1108(a), as amended by Chapter 201 of the Laws of 2009, section 35.

Beginning January 1, 2006, metered sales of energy to tenants of cer- tain cooperative housing corporations are exempted from the City util- ity tax. The exemption applies to cooperative corporations with at least 1,500 apartments that own or operate a cogeneration facility that was in place before January 1, 2004 (or that replaces such a facility), and that make metered sales of the energy produced for the development’s ten- ants or occupants. See Ad. Code §§11-1101.25, 11-1101.26 and 11- 1102(g). Areturnmuststillbefiledbythecooperativecorporationusing a tax rate of zero.

ForinformationconcerningtheRelocationEmploymentAssistanceProgram (REAP)seetheDepartmentofFinancewebsiteat:

http://www1.nyc.gov/site/finance/benefits/business-reap.page

Effective for tax periods beginning on and afterAugust 1, 2002, entities that receive eighty percent or more of their gross receipts from charges for the provision of mobile telecommunications services to customers will be taxed as if they were regulated utilities for purposes of the New York City Utility Tax, General Corporation Tax, Business Corporation Tax,Banking CorporationTax and Unincorporated BusinessTax. Thus, such entities will be subject to only the NewYork City Utility Tax. The amount of gross income subject to tax has been amended to conform to the Federal Mobile Telecommunications Sourcing Act of 2000. In ad- dition, if any such entity is a partnership, its partners will not be subject to the New York City Utility Tax on their distributive share of the in- comeofanysuchentity. Finally,fortaxyearsbeginningonandafterAu- gust 1, 2002, partners in any such entity will not be subject to General Corporation Tax, Business Corporation Tax, Banking Corporation Tax orUnincorporatedBusinessTaxontheirdistributiveshareoftheincome of any such entity. Laws of New York of 2002, Chapter 93, Part C and Laws of New York of 2015, Chapter 60, Part D.

NOTE:TherehavebeensubstantialchangestotheEnergyCostSavings Program. For information, call 311 or, if outside New York City, 212- NEW-YORK (212-639-9675).

Taxpayers first becoming subject to the utility tax must file monthly re- turns for every month of the calendar year in which they first become subject to tax.

SpecialConditionCodes

Check the Finance website for applicable special condition codes. If ap- plicable, enter the two character code in the box provided on the form.

GENERALDEFINITIONS

1.“Grossoperatingincome”includes (1) receipts from furnishing or sell- ing gas, electricity, steam, water or refrigeration, or furnishing or selling gas, electric, steam, water, refrigeration or telecommunications services,

(2)receipts from omnibus services (except limited fare omnibus compa- nies,seeItem3),whetherornotaprofitisrealized,withoutdeductionfor any cost, expense or discount paid or 3) for tax periods beginning on or afterAugust 1, 2002, 84 percent of ALLcharges for mobile telecommu- nicationsservicestocustomerswheretheplaceofprimaryuseofthecus- tomerisintheCity. Suchreceiptsaredeemedtobederivedfrombusiness conductedwhollywithintheCity.See,Ad.Code§11-1102(c)asamended. For this purpose, "place of primary use" has the same meaning as in the FederalMobileTelecommunicationsSourcingActof2000. See,Ad.Code §11-1101(20) as amended. For tax periods beginning on or afterAugust 1, 2002, “Gross operating income” does not include the taxpayer’s dis- tributive share, if any, of income gains, losses and deductions from any partnership subject to the NYC UtilityTax as a utility or vendor of utility services, including its share of separately reported items. Ad. Code §11- 1102(f)(2). (See“Vendor of utility services” defined below.)

2.“Vendor of Utility Services” Every person (1) not subject to the supervisionoftheNewYorkStateDepartmentofPublicServicewho furnishes or sells gas, electricity, steam, water or refrigeration or fur- nishes or sells gas, electric, steam, water, refrigeration or telecommuni- cations services, or (2) who operates omnibuses (including school buses), whether or not the operation is on the public streets and re- gardlessofwhetherthefurnishing,sellingoroperationconstitutesthe mainactivityoftheperson. Effectivefortaxperiodsbeginningonand after August 1, 2002, entities that receive eighty percent or more of theirgrossreceiptsfromchargesfortheprovisionofmobiletelecom- munications services to customers will be taxed as if they were sub- jecttothesupervisionoftheDepartmentofPublicServiceoftheState ofNewYorkandwillNOTbeconsideredvendorsofutilityservices.

3.“Limited Fare Omnibus Companies” Omnibus companies fran- chised by the City whose principal source of revenue is from trans- porting passengers daily within the City over fixed routes at fares no higher than those charged by the New York City Transit Authority. Limited fare omnibus companies are required to file NYC-UXRB.

Line13-SalesandCompensatingUseTaxRefunds

If you received a refund in the current period of any sales and use taxes forwhichyouclaimedacreditinapriorperiod,entertheamountofsuch refund on line 13.

Line15a-CreditsfromformNYC-9.5UTX

Enter on this line the credit against the Utility Tax for the relocation and employment assistance program. (Attach Form NYC-9.5UTX.)

Line15b-CreditsfromformNYC-9.8UTX

Enter on this line the credit against the Utility Tax for the new Lower Manhattanrelocationandemploymentassistanceprogram. (AttachForm NYC-9.8.UTX.)

IMPOSITION/BASIS/RATE OFTAX

Thetaxisimposedoneveryvendorofutilityservicesfortheprivilegeof

Form NYC-UXS

Page 2

 

 

exercising a franchise or franchises, holding property or doing business in NewYork City.

A vendor of utility services is taxable on gross operating income as de- fined above. The following chart provides the rates.

CLASS t

RATE t

lVendors of utility services other than

omnibus operators...................................................................2.35% of gross operating income

lOmnibus operators not subject to

Department of Public Service supervision ...............1.17% of gross operating income

INTEREST

If the tax is not paid on or before the due date, interest must be paid on the amount of the underpayment from the due date to the date paid. For information as to the applicable rate of interest visit the Finance website at nyc.gov/finance or call 311. Interest amounting to less than $1 need not be paid.

PENALTIES

a)A late filing penalty is assessed if you fail to file this form when due, unless the failure is due to reasonable cause. For every month or partial month that this form is late, add to the tax (less any pay- ments made on or before the due date) 5%, up to a total of 25%.

b)If this form is filed more than 60 days late, the above late filing penalty cannot be less than the lesser of (1) $100 or (2) 100% of the amount required to be shown on the form (less any payments made by the due date or credits claimed on the return).

c)Alatepaymentpenaltyisassessedifyoufailtopaythetaxshownon this form by the prescribed filing date, unless the failure is due to rea- sonable cause. For every month or partial month that your payment is late,addtothetax(lessanypaymentsmade)1/2%,uptoatotalof25%.

d)The total of the additional charges in a and c may not exceed 5% for any one month except as provided for in b.

e)Additionalpenaltiesmaybeimposedonanyunderpaymentofthetax.

If you claim not to be liable for these additional charges, attach a state- ment to your return explaining the delay in filing, payment or both.

FILINGARETURNAND PAYMENTOFTAX

Returns are due on or before the 25th day of each month, if filing on a monthly basis, covering gross operating income for the preceding calen- dar month. However, if the tax liability is less than $100,000 for the pre- cedingcalendaryear,determinedonanannualorannualizedbasis,returns are due for the current tax year on a semi-annual basis on or before July 25th and January 25th covering a six-month tax period of January-June and July-December, respectively.

Payment must be made in U.S. dollars, drawn on a U.S. bank. Checks drawn on foreign banks will be rejected and returned. Make remittance payable to the order of: NYC DEPARTMENT OF FINANCE.

SIGNATURE

This report must be signed by an officer authorized to certify that the statements contained herein are true. If the taxpayer is a partnership or anotherunincorporatedentity,thisreturnmustbesignedbyapersonduly authorized to act on behalf of the taxpayer.

For further information, call 311. If calling from outside the five bor- oughs, call 212-NEW-YORK (212-639-9675).

PreparerAuthorization: If you want to allow the Department of Fi- nance to discuss your return with the paid preparer who signed it, you must check the "yes" box in the signature area of the return.This author- izationappliesonlytotheindividualwhosesignatureappearsinthe"Pre- parer's Use Only" section of your return. It does not apply to the firm, if any, shown in that section. By checking the "Yes" box, you are author- izing the Department of Finance to call the preparer to answer any ques- tions that may arise during the processing of your return. Also, you are authorizing the preparer to:

lGive the Department any information missing from your return,

lCall the Department for information about the processing of your return or the status of your refund or payment(s), and

lRespondtocertainnoticesthatyouhavesharedwiththepreparer about math errors, offsets, and return preparation. The notices will notbe sent to the preparer.

Youarenotauthorizingthe preparer to receive any refund check, bind you to anything (including any additional tax liability), or otherwise rep- resent you before the Department. The authorization cannot be revoked, however, the authorization will automatically expire twelve (12) months aftertheduedate(withoutregardtoanyextensions)forfilingthisreturn.

Failuretochecktheboxwillbedeemedadenialofauthority.

MAILING INSTRUCTIONS

All returns, except refund returns:

NYC Department of Finance

UtilityTax

P.O. Box 5564

Binghamton, NY13902-5564

Remittances - Pay online with Form NYC-200V at nyc.gov/eser- vices, or Mail payment and Form NYC-200V only to:

NYC Department of Finance

P.O. Box 3933

NewYork, NY 10008-3933

Returns claiming refunds:

NYC Department of Finance

UtilityTax

P.O. Box 5563

Binghamton, NY13902-5563

TOAVOID THE IMPOSITION OFPENALTIES,youramountofthetaxduemustbe

paid in full and this return must be filed and postmarked within 25 days aftertheendoftheperiodcoveredbythereturn.

Document Attributes

Fact Number Fact Detail
1 The NYC UXS Form is completed by vendors of utility services in New York City who are not supervised by the Department of Public Service.
2 It addresses excise taxes on utility services such as gas, electricity, steam, water, refrigeration, and telecommunications, including omnibus operations.
3 Governing Laws: New York City's Administrative Code sections related to utility taxes and excise taxes on businesses operating in NYC.
4 The form requires detailed information on gross operating income, payments, and tax computations at specified rates for different utilities.
5 Entities must indicate if they are filing an initial, amended, or final return, providing dates for the beginning and end of the tax period.
6 Eligible credits, such as the REAP and LMREAP credits, can be applied against the utility tax and must be properly documented when filing.
7 Payments can be made electronically via the NYC Department of Finance website, with specific mailing instructions provided for non-electronic submissions.
8 Failure to file or pay the tax due by the specified deadline will result in penalties, including late fees and additional charges.

Guide to Using Nyc Uxs

Filling out the NYC UXS form involves a series of steps that must be followed accurately to ensure that the submission is correct and complete. This form is a necessary component for vendors of utility services in New York City who are not under the supervision of the Department of Public Service. It's critical for these entities to report and remit excise taxes derived from utility services provided within the city. Whether you are submitting an initial, amended, or final return, you must carefully input data ranging from basic business information to detailed financial calculations related to gross operating income and applicable taxes. Here are the steps you need to take:

  1. Enter the period the return covers at the top of the form, including the beginning and ending dates.
  2. Fill in the business name and check the box if there has been a name change.
  3. Provide the 'In Care of' name if applicable.
  4. Input your business address, including number, street, city, state, zip, and country if outside the US.
  5. Enter the business telephone number and taxpayer's email address.
  6. Supply your Employer Identification Number (EIN) or Social Security Number (SSN), alongside the Federal Business Code.
  7. If applicable, input the 2-character Special Condition Code (refer to the form instructions for details).
  8. Check the appropriate box to indicate the type of business entity (Corporation, Partnership, Individual) and specify if this is an amended return, initial return, or final return. Include the date business began or ended if applicable.
  9. In Schedule A, compute Gross Operating Income starting with entering amounts for Receipts from Sales and Services without any deductions across listed utility services: Gas, Electricity, Steam, Water, Refrigeration, Telecommunications Services, Passenger revenue (omnibus operation), and Miscellaneous.
  10. Sum up the gross operating income to get the Total Gross Operating Income and input in the designated spot.
  11. Calculate the tax due by applying the rates provided in the instructions to the total gross operating income, then enter these figures in the computation section, along with any sales and use tax refunded and the Total Tax derived from adding lines.
  12. Detail any credits such as REAP Credit, LMREAP Credit, Credit for rebates and discounts, and Previous payment under the respective sections (15a to 15d).
  13. Sum up the total payments and credits, and determine the balance due or overpayment. Enter these figures in the corresponding lines.
  14. Decide the allocation of overpayment, if applicable, between refund, Corporation Tax, or Unincorporated Business Tax.
  15. Include any interest and penalty amounts due as per the instructions.
  16. Sum up the total remittance due and enter it in the designated spot.
  17. Complete the certification section with a signature from the owner, partner, or corporate officer, including title and date. The preparer, if different from the signer, should also sign and date their section.
  18. Review the entire form to ensure all necessary sections are completed and accurate.

After the form is thoroughly completed and reviewed, it must be sent to the specified address that corresponds with whether you are submitting a standard return or claiming a refund. Make sure to follow the NYC Department of Finance’s guidelines on payment if you owe any remittance with your return. Timeliness is essential; the form, along with any payment due, must be submitted by the designated deadline to avoid potential penalties and interest.

Get Answers on Nyc Uxs

  1. What is the NYC UXS form?

    The NYC UXS form is a tax document specifically designed for vendors of utility services in New York City who are not supervised by the Department of Public Service. This includes providers selling or furnishing gas, electricity, steam, water, refrigeration, and telecommunications services, as well as omnibus operators. It is used to report and return excise taxes based on gross operating income derived from utility services.

  2. Who needs to file the NYC UXS form?

    Any business entity, including corporations, partnerships, and individuals, providing utility services as described above in New York City must file this form. This also applies to businesses that have ceased operations within the reporting period.

  3. How often do I need to file the NYC UXS form?

    Frequency of filing depends on the tax liability of the business. If the tax liability for the preceding calendar year was less than $100,000, semi-annual filing is required. Otherwise, monthly filing is necessary. Specifically, returns are due on or before the 25th day following the month or semi-annual period covered by the return.

  4. What information is required to complete the NYC UXS form?

    • Period beginning and ending dates
    • Business name, address, and contact information
    • Employer Identification Number (EIN) or Social Security Number (SSN)
    • Federal Business Code and any applicable special condition codes
    • Type of business entity
    • Gross operating income details from various utility services
    • Computation of tax amount due or overpayment
  5. Can I amend a previously filed NYC UXS return?

    Yes, if you need to correct information on a previously filed return, you should check the "Amended return" option and submit the form with the corrected details.

  6. What if my business has ceased operating in NYC?

    If your business has stopped operations, you should indicate this by checking the "Final return" box on the form. Make sure to include the final date of business operations.

  7. How do I calculate the gross operating income?

    Gross operating income is calculated by adding the total receipts from the sale and service of gas, electricity, steam, water, refrigeration, telecommunications, and passenger revenue (for omnibus operations) without any deductions. Refer to the form's instructions for detailed calculations and applicable rates.

  8. Are there any credits or deductions I can claim?

    Yes, you may be eligible for various credits against the utility tax, such as the REAP Credit, LMREAP Credit, and credits for rebates and discounts of charges for energy users. Detailed documentation for each credit claim must be attached to the return.

  9. What are the penalties for late filing and payment?

    Penalties are imposed for both late filing and late payment, with specific percentages of the tax due added for each month or part of a month that the filing or payment is late, up to 25%. Additionally, there is a minimum penalty for returns filed more than 60 days late.

  10. Where do I mail the NYC UXS form and any payment due?

    Mail returns without a refund claim to the NYC Department of Finance Utility Tax, P.O. Box 5564, Binghamton, NY 13902-5564. Payments should be made online with Form NYC-200V or mailed to the NYC Department of Finance, P.O. Box 3933, New York, NY 10008-3933. For returns claiming refunds, send to the NYC Department of Finance Utility Tax, P.O. Box 5563, Binghamton, NY 13902-5563.

Common mistakes

Filling out the NYC UXS form, which vendors of utility services other than those supervised by the Department of Public Service use to report excise taxes, can be complex. Here are nine common mistakes people make:

  1. Not checking the box to indicate the type of return being filed (amended, initial, final). This oversight can lead to processing delays or incorrect categorization of the return.
  2. Failing to accurately report the period beginning and ending dates. Accurate dates are crucial for the tax period's identification and ensuring that taxes are appropriately assessed for the correct timeline.
  3. Incorrectly entering the Employer Identification Number (EIN) or Social Security Number (SSN). This mistake can lead to misidentification and potential tax processing issues.
  4. Omitting or inaccurately entering the business entity type (corporation, partnership, individual). This information is essential for classifying the business correctly under tax regulations.
  5. Not indicating a change in address or business information when applicable. Updated information helps prevent miscommunication or lost correspondence.
  6. Incorrect application of the 2-character special condition code, if applicable. This code can affect tax calculations and eligibility for certain tax conditions.
  7. Calculation errors in the Gross Operating Income section, often due to misunderstanding what qualifies as gross operating income or misapplication of tax rates based on the utility services provided.
  8. Forgetting to sign and date the certification section at the bottom of the form. The IRS considers a return invalid without a signature, potentially leading to penalties.
  9. Misunderstanding the mailing instructions and sending the form and/or payment to the wrong address. The correct destination depends on whether a payment is included with the return and if the return is claiming a refund.

Avoiding these mistakes not only ensures that the form is processed smoothly but also helps prevent unnecessary penalties and interest charges due to delays or inaccuracies. It's advisable for preparers to double-check all entries and consult the instructions provided by the NYC Department of Finance for any clarifications needed.

Documents used along the form

When dealing with the complexities of the NYC UXS form, or the Return of Excise Tax by Vendors of Utility Services, leveraging appropriate documents and forms ensures compliance and accuracy. This specific form is vital for businesses and vendors operating within New York City's boundaries, providing transparency and accountability in their financial dealings related to utilities. Here, we shed light on four crucial documents often used alongside the NYC UXS form, each playing a unique role in the filing process.

  • Form NYC-200V Payment Voucher: This document is essential for submitting payment for the excise taxes reported on the NYC UXS form. It serves as a companion document, ensuring that payments are correctly processed and attributed to the payer’s account, thereby avoiding payment discrepancies.
  • Form NYC-9.5UTX: Specifically designed for claiming the REAP (Relocation and Employment Assistance Program) credit, this form is instrumental for businesses that qualify for tax incentives due to relocation or employment expansion within specific areas of New York City. It must be attached to the NYC UXS form when such credits are claimed, reducing the overall tax liability.
  • Form NYC-9.8UTX: Similar to the NYC-9.5UTX, this form is used to apply for the LMREAP (Lower Manhattan Relocation and Employment Assistance Program) credit. It targets businesses relocating to, or expanding in, Lower Manhattan, offering valuable tax benefits that can be claimed alongside the UXS filing.
  • Schedule B: Although technically a part of the NYC UXS form, Schedule B merits separate attention as it requires detailed reporting of all locations where the taxpayer conducts business. This information is vital for accurately allocating gross operating income across multiple business sites, thus ensuring correct tax computation.

Incorporating these documents when filing the NYC UXS ensures a thorough and compliant approach to managing excise taxes for utilities. Such diligence supports the smooth operation of businesses within New York City, fostering a compliance culture that benefits both the city and its vibrant business community. Understanding and utilizing these forms not only aids in fulfilling legal obligations but also enables businesses to take advantage of available tax credits and incentives, ultimately contributing to their growth and development.

Similar forms

The New York City Utility Excise Tax Return (NYC-UXS) shares similarities with various other tax forms and documents used for reporting and calculating taxes and fees associated with business operations. Here's a look at ten such documents and the nature of their resemblances:

The Sales and Use Tax Return is a document that businesses must file to report the collection of sales tax from customers and the use tax on taxable items for business use. Like the NYC UXS form, it requires detailed reporting of gross sales, taxable sales, and the application of tax rates, making it crucial for tax compliance and calculation of liabilities.

The Federal Excise Tax Return for certain types of businesses, such as those involved in the sale of fuel, alcohol, and tobacco, similarly mandates detailed income reporting. Both this form and the NYC UXS form assess taxes on specific goods and services, highlighting the government's role in regulating certain industries for revenue and public health or safety reasons.

The Franchise Tax Report, required by states from entities like corporations and LLCs, draws parallels with the NYC UXS through its focus on business operations. However, while the Franchise Tax Report evaluates the privilege of doing business in a state, the NYC UXS specifically targets utility service providers in New York City.

The Gross Receipts Tax (GRT) Reports, applicable in some states, tax the total gross revenues of companies, mirroring the NYC UXS's emphasis on gross operating income from utility services. Both documents underscore a tax structure based not on net income but rather on the scale of business transactions.

The Unincorporated Business Tax (UBT) Return for NYC closely resembles the NYC UXS as both are geared toward businesses operating within New York City boundaries. The UBT focuses on businesses not incorporated as corporations, emphasizing the city's broad tax base across different business structures.

The Highway Use Tax (HUT) Return, mandatory for trucking businesses that operate on New York State highways, shares the NYC UXS's trait of being industry-specific. Both forms calculate taxes based on operational metrics, albeit in different sectors (utility services versus highway usage).

The Telecommunications Tax Return, akin to the NYC UXS, specifically targets service providers in the telecommunications industry, applying taxes on services rendered. This indicates the stratification of tax obligations by industry, reflecting the diverse economic activities under municipal and state tax regulations.

The Commercial Rent Tax (CRT) Return for businesses operating in certain parts of NYC is another form exhibiting similarities. Like the NYC UXS form, it targets a specific subset of businesses with a unique tax, in this case, based on the rent paid for business space, underscoring the city’s targeted approach to taxation.

The Property Tax Return, required for property owners, while focused on real estate, shares the concept of periodic tax obligations with the NYC UXS. Both forms contribute to the municipal revenue, funding city services, but differ in their basis for taxation (property ownership versus utility services sales).

The Employee Withholding Tax Return, which outlines taxes withheld from employees’ salaries, parallels the NYC UXS in its role in tax collection and reporting. Although one focuses on individual income and the other on utility services income, both are integral to ensuring tax compliance and supporting governmental functions.

Dos and Don'ts

When completing the New York City (NYC) UXS form, individuals or entities must adhere to specific guidelines to ensure the accuracy and timeliness of their submission. Below are six crucial do's and don'ts to consider:

  • Do ensure all information is accurate and truthful. The certification at the end of the document requires the signatory to attest to the completeness and correctness of the information provided.
  • Do pay attention to special condition codes, if applicable. Review the instructions or the Finance website to determine if your submission requires any of these codes.
  • Do check the appropriate boxes to indicate the type of business entity, and whether the return is an initial, amended, or final return. This helps in the proper categorization and processing of the form.
  • Don't forget to sign and date the form. A return is not considered valid until it has been signed by an authorized individual. In the case of partnerships or other unincorporated entities, an individual duly authorized to represent the taxpayer must sign.
  • Don't miss the filing and payment deadlines. Returns are due on or before the 25th day of the month following the reporting period. Late submissions may result in penalties.
  • Don't include payment for checks or money orders with your NYC return if paying by check or money order. Instead, payments must be made using Form NYC-200V and sent to the specified address for processing.

Taking the time to accurately complete and submit the NYC UXS form according to these guidelines can ensure timely processing and avoid potential penalties for errors or late submission.

Misconceptions

When it comes to navigating the complexities of the NYC UXS form, also known as the Return of Excise Tax by Vendors of Utility Services, misunderstandings are not uncommon. This crucial document requires precision and understanding. Here, we clarify six common misconceptions to ensure compliance and accuracy:

  • Misconception #1: Only electricity and gas services need to report. Contrary to this belief, the NYC UXS form encompasses a broader scope of utility services. Vendors providing gas, electricity, steam, water, refrigeration, and telecommunications services are required to file. This includes not just the traditional utilities but also less commonly considered services like steam and refrigeration.
  • Misconception #2: If no utility services were sold, filing is unnecessary. Even if a vendor didn't sell any utility services during the reporting period, submitting an NYC UXS form is still required. This ensures that records accurately reflect periods of inactivity, which is crucial for maintaining compliance with the Department of Finance's regulations.
  • Misconception #3: The form is only for businesses physically located in NYC. This misunderstanding could lead to non-compliance penalties. The form's requirement extends to vendors furnishing or selling utility services to customers within NYC, regardless of the vendor's physical location. It's the service location, not the business address, that dictates the obligation to file.
  • Misconception #4: Filing the NYC UXS form is a yearly requirement. The frequency of submission can vary, depending on the vendor's tax liability and operational scale. While some may file monthly, others qualify for semi-annual filings. Understanding the specific filing frequency for your business is critical to avoid both over-reporting and under-reporting.
  • Misconception #5: The NYC UXS form only covers direct sales to consumers. In reality, the scope of the form is not limited to direct consumer transactions. It includes all provision of applicable utility services, regardless of customer type, whether they're end consumers, businesses, or other entities. The key factor is the service provided, not the customer category.
  • Misconception #6: There are no exemptions or credits available. Quite the opposite, the NYC UXS form and its instructions identify specific situations where vendors may be exempt or eligible for tax credits. These include credits for the relocation and employment assistance program (REAP), among others. Vendors should carefully review the form instructions to identify potential credits and exemptions that could apply to their situation.

Understanding these misconceptions is the first step toward ensuring accurate filing and compliance with the NYC Department of Finance's requirements. Proper attention to detail and adherence to guidelines can help avoid unnecessary complications, penalties, or fines associated with the NYC UXS form.

Key takeaways

Filling out the NYC UXS form correctly is vital for vendors of utility services in New York City who are not supervised by the Department of Public Service. This form is used to report the excise tax due on the gross operating income generated from the provision of utility services. Here are seven key takeaways for completing and using the NYC UXS form:

  • The form requires detailed information about the period for which you are filing, your business name, address, contact information, and your Employer Identification Number (EIN) or Social Security Number (SSN).
  • Indicate the type of business entity (e.g., Corporation, Partnership, Individual) and mark the box appropriately if you are filing an amended or final return.
  • Schedule A of the form requires you to compute your gross operating income from various sources such as gas, electricity, steam, water, refrigeration, and telecommunications services, without any deductions.
  • Tax rates differ depending on the type of utility service provided. The tax is calculated at 1.17% for omnibus operators not subject to Department of Public Service supervision and 2.35% for other vendors of utility services.
  • Credits may be available such as the REAP Credit, LMREAP Credit, and credit for rebates and discounts of energy charges. These should be accurately computed and documented in the form.
  • Payments and credits are totaled against the gross tax calculated to determine if there is a balance due or an overpayment. Details for the allocation of overpayments should be specified on the form.
  • Proper certification and authorization at the end of the form are required, including the signature of the owner, partner, or officer of the corporation. If you wish the Department of Finance to discuss the return with your preparer, signify your consent.

Additionally, it is important to pay attention to the mailing instructions and ensure that the form, along with any remittances, is sent to the correct address to avoid penalties. Payments can also be made online for added convenience. Remember, the NYC UXS form is crucial for compliance with New York City's excise tax requirements on utility services.

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