True" for this demonstration, I will be showing how to file a Gross Receipts Tax return using the New Mexico Taxpayer Access Point, also known as TAP. In this example, we already have a login set up with access to the Gross Receipts Tax program to allow us to file. First, receipts mean the total amount of money or the value of other considerations received from selling property in New Mexico, leasing or licensing property employed in New Mexico, granting a right to use a franchise employed in New Mexico, providing services in New Mexico, or selling research and development services outside of New Mexico, the product of which is initially used in New Mexico. For simplification, sales tax on products and services. After logging in, you will see various options listed. The first option is to file the most recent available period, which is the most common option and is listed on top. In the panel below, there are other common actions such as making a payment, requesting a refund, filing, viewing, or amending all returns, and other options. In this demo, we will simply be filing the return for the most recent period. To do so, I will click "File Now." The first page you will be brought to will list the purpose, eligibility, and information needed to continue. If you need more detailed instructions on filing a Gross Receipts Tax return, you can select the hyperlink or refer to New Mexico TRD Publication FYI-105. A link to FYI-105 can be found in the video description. I highly recommend reviewing the filing instructions before filing a Gross Receipts Tax return. Select "Next." The second page is used to verify all information regarding the registration of the organization is correct. Please ensure that you have checked and verified all information before proceeding. If you...
Award-winning PDF software
Video instructions and help with filling out and completing Dd 1750
