SM-100i

SM-100i
New Jersey Sports and Entertainment Facility Tax – Millville District
Quarterly Return Instructions
This return must be filed in addition to the sales and use tax return (ST-50/51 or UZ-50)
Filing Form SM-100
Electronic Check (e-check)
Taxpayers with a prior year liability of $10,000 or more
in any tax are required to make their payments for all
taxes electronically. Taxpayers who are required to remit
payments electronically can satisfy the electronic
requirement by making e-check or credit card payments.
If you choose not to pay the tax due at the same time you
file your return, you can make an electronic payment by
itself in a separate session. Your payment must be made
by the due date to avoid penalty and interest charges.
Filing Online
You can file Form SM-100 online at the Division of
Taxation’s Web site
(www.state.nj.us/treasury/taxation/). Click on
"Electronic Services" on the left, click on "Business
Taxes and Fees," then scroll down to "Sports and
Entertainment Facility Tax."
Who Must File
Every entity that operates in the Millville Sports and
Entertainment District must file form SM -100. The
amount of tax due for each filing period must be
remitted to the State on or before the due date of the
return.
You will be given an opportunity to pay your tax
liability by e-check. If you choose to pay by e-check, be
sure to enter the 9-digit routing number and the account
number (up to 17 characters; numbers only). If you
choose not to pay the tax due when you file your
quarterly return, you can make an e-check payment by
itself at a later time. However, your quarterly payment
must be made by the due date to avoid penalty and
interest charges.
When to File
Taxpayers subject to the tax must file a quarterly SETMI Return, (Form SM-100) and remit any tax due on or
before the 20th day of month following the end of the
calendar quarter.
Quarter
Ending
Due Date
Jan.-Feb.-Mar.
March 31
April 20
Apr.-May-June
June 30
July 20
July-Aug.-Sept.
September 30
October 20
Oct.-Nov.-Dec.
December 31
January 20
Online Credit Card
To pay your tax liability by credit card, go to the
Division of Taxation’s Web site at
www.state.nj.us/treasury/taxation/ after you have
completed your telephone filing and received a
Confirmation Number. Click on “Electronic Services”
in the left-hand column, and then choose “Business
Taxes and Fees” and “Sports and Entertainment Facility
Tax.” Click on the link “File Online.” Once you have
entered your New Jersey Taxpayer Identification
Number and PIN (or business name), choose “All Other
Payments – Deficiencies” from the list, enter the month
and year for which you are making a payment, and
continue.
If a due date falls on a Saturday, Sunday, or legal
holiday, the return is due the next business day. Returns
transmitted by 11:59 p.m. on the due date will be
deemed timely.
How to File
You may file your NJ SM-100 online at the Division’s
website www.state.nj.us/treasury/taxation/.
Proceed to the link “File, Pay Online,” then select it.
Scroll down to see “Sports and Entertainment Facility
Tax – Millville District Return and Payment” link and
select that. Follow the login instructions to gain access
to the online return.
Penalties, Interest, and Fees
Failure to file a return by the due date and/or failure to
remit any taxes due by the due date will result in penalty
and interest charges. Anyone required to collect SETMI does so as a trustee on behalf of the State of New
Jersey. Thus, business owners, partners, corporate
officers, and some employees of such businesses may be
held personally liable for failure to collect the tax when
required or for failure to file returns and remit any taxes
due on a timely basis.
How to Pay
Payments made by 11:59 p.m. on the due date will be
deemed timely even if the settlement date (date payment
is debited from the account) is after the filing deadline
provided the payment is made by e-check.
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• Sales of prepared foods and beverages (including
alcohol).
• Room occupancy charges.
• Admission and amusement charges.
• Receipts from sales of less than $0.11.
• Installment sales or other sales on credit made during
the quarter.
Do not include in gross receipts:
• Installment payments from installment sales or other
sales on credit.
• Sales tax collected.
• Trade-in allowances.
Adequate records should be maintained showing
separately all exclusions from gross receipts.
Late Filing Penalties
A late filing penalty is assessed at 5% per month (or
fraction thereof) of the balance of tax liability due at the
original return due date not to exceed 25% of such tax
liability. A penalty of $100 per month (or fraction
thereof) for each month the return is late will also be
imposed.
Late Payment Penalty
A late payment penalty is assessed at 5% of the balance
of the taxes due and paid late.
Interest
The annual interest rate is 3% above the average
predominant prime rate. Interest is imposed each month
(or fraction thereof) on the unpaid balance of the tax
from the due date to the date of payment. At the end of
each calendar year, any tax, penalties, and interest
remaining due will become part of the balance on which
interest is charged.
NOTE: The average predominant prime rate is the rate
as determined by the Board of Governors of the Federal
Reserve System, quoted by commercial banks to large
businesses on December 1st of the calendar year
immediately preceding the calendar year in which the
payment was due or as determined by the Director in
accordance with N.J.S.A. 54:48-2.
Deductions
You may deduct the amount of all sales included in
gross receipts which are not taxable under New Jersey
law. No deduction may be taken for any amount which
was not included in gross receipts on your return.
Deductions may be taken only once. For example, if a
deduction has been taken for an exempt clothing sale,
you may not deduct the amount again as a sale of
property which was delivered out of State.
Exempt Sales of Tangible Personal Property (Line
2a). Deduct the sales of any tangible personal property
which is specifically exempt from sales tax (e.g., sales of
clothing, etc.).
Exempt Admissions (Line 2b). Deduct any admission
charges to sporting activities where a patron was a
participant.
Exempt Occupancies (Line 2c). Deduct receipts from
occupancies exceeding 90 consecutive days or less than
$2.00 dollars per day.
Sales Covered by Certificates (Line 2d). Deduct
receipts from sales of property or services for which a
valid New Jersey exemption certificate or Streamlined
Sales Tax Agreement Certificate of Exemption was
accepted in good faith in lieu of tax.
Returned Goods (Line 2e). Deduct the total sales price
of taxable purchases returned by the customer. Include
only the amounts refunded or credited to the customer.
Do not include:
• Sales tax collected on returned purchases.
• Returns that were not subject to sales tax.
• Amounts not included in gross receipts on any return.
No deduction may be taken for returned goods which
have been or will be deducted as an exempt sale on the
SET-MI return.
Collection Fees
In addition to the above penalties and interest, if your tax
bill is sent to a collection agency, a referral cost recovery
fee of 10% of the tax due will be added to your liability.
If a certificate of debt is issued for your outstanding
liability, a fee for the cost of collection may also be
imposed.
Gross Receipts
The accrual method of accounting must be used when
reporting gross receipts. Under this method, all receipts
are reported in the period in which the sale took place,
no matter when or if payment is actually received from
the customer. Report gross receipts from all
transactions, including exempt transactions, which
occurred during the three-month reporting period
covered by the quarterly return (Form SM-100). This
includes:
• Sales of tangible personal property, including the
rental, storage, and use of tangible personal property.
• Receipts from lease transactions.
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Rounding Off to Whole Dollars
Eliminate any amount under 50 cents and increase any
amount 50 cents or over to the next higher dollar.
Round the amounts for the quarterly gross receipts and
deductions lines only. No other lines are to be rounded.
Return Information
Tax Preparer’s Identification Number. If the return is
being filed by a tax preparer, enter the preparer’s 9-digit
Federal identification number or social security number.
Line 1 Gross Receipts Enter on lines a through d the
corresponding gross sales receipts (to the nearest dollar)
from all transactions, including exempt transactions that
occurred during the three-month reporting period
covered by the return. Enter on Line 1e the Total Gross
Receipts (to the nearest dollar) of the sum of lines a
through d. (See “Gross Receipts” on page 2 for more
information). If you had no gross receipts for the quarter,
enter “0.”
Instructions for Online Filing
Identification
New Jersey Taxpayer Identification Number. Enter
your 12-digit New Jersey Taxpayer Identification
Number. (NOTE: If you do not enter your ID number
correctly, you will not be able to file.)
PIN/Taxpayer Name. Enter your 4-digit PIN (Personal
Identification Number) or your registered taxpayer
name. (NOTE: If you do not enter your PIN or your
taxpayer name correctly, you will not be able to file.) If
you are registered to withhold New Jersey gross income
tax from wages or other payments, your PIN is the same
PIN that you use to file employer withholding tax
returns (Forms NJ-927/NJ-500 or Form NJ-927-W)
online or by phone. The employer PIN is printed in the
upper right-hand corner of Form REG-C contained in
your quarterly NJ-927 forms packet. If your business
does not file employer withholding tax returns, your PIN
is the same PIN you use to file sales and use tax returns
(Forms ST-50/51) online. If you cannot access the
Business Online Filing System using your assigned PIN,
call the Division of Taxation’s Customer Service Center
at 609-943-5000 during normal business hours for
assistance.
Contact Information. Enter the name and phone
number of a contact person for the taxpayer.
Line 2 Deductions Enter on lines a through d the
specific deductions to the corresponding line (to the
nearest dollar) from all transactions that occurred during
the three-month reporting period covered by the return.
Enter on Line 2f the Total Deductions (to the nearest
dollar) of the sum of lines a through e. (See
“Deductions” on page 2 for more information). If you
had no deductions for the quarter, enter “0.”
Line 3 Taxable Receipts Taxable receipts are the
amount of income that is subject to tax after the
deductions are removed from the Total Gross Receipts.
(Subtract line 2f from line 1e.)
Line 4 Tax Rate The tax rate is the rate (2%) at which
tax should be collected on the Taxable Receipts (Line 3)
as defined in P.L. 2007 Chapter 30.
Line 5 Calculated Tax The calculated tax due is the
amount of Taxable Receipts (Line 3) multiplied by the
2% Tax Rate (Line 4).
Return Period
Line 6 Tax Collected The tax collected is the amount of
tax you have actually collected during the return period.
Quarter: Enter the number that reflects the calendar
quarter covered by the return:
1 – January, February, March
2 – April, May, June
3 – July, August, September
4 – October, November, December
Year: Enter the year in which the quarter you are
reporting fell. Example: If you are filing a return for the
second quarter of 2011, enter “2” for the quarter and
“2011” for the year.
Line 7 Total Tax Due Enter the greater of Line 5 and
Line 6.
Line 8 Total Payments and Credits For
Amended Quarter Enter the sum of all payment(s) or
credit(s) from previous overpayment(s) in line 8.
Line 9 Quarterly Tax Due Subtract the Total Payments
and Credits from the Total Tax Due. (Line 7 minus
Line 8).
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Line 10 Penalty and Interest. Compute any penalty and
interest charges incurred for late payment and/or late
filing for the quarter and enter the amount on Line 10. If
you are unable to determine this amount, enter “0.” You
will be billed for any penalty or interest due.
Amended Returns
If you discover an error after you file your return, file an
amended return online. If the correction results in an
overpayment of tax for the quarter, file a Claim for
Refund (Form A-3730). To obtain Form A-3730, visit
the Division of Taxation website or call the Forms
Request System. See “Where to Get Information” below.
Line 11 Total Amount Due. Add the Penalty and
Interest (Line 10) to the Quarterly Tax Due (Line 9). If
you have a balance due, you must pay by e-check or
credit card. See “How to Pay” on page 2. You are not
required to submit a payment on the date you file the
return, however, your payment must be made by the due
date to avoid penalty and interest charges.
Where to Get Information
By Phone Call the Division of Taxation’s Customer
Service Center at 609-292-6400. Representatives are
available from 8:30 a.m. to 4:30 p.m., Monday through
Friday (except holidays).
Payment Information
Online Division of Taxation Website:
www.state.nj.us/treasury/taxation/
E-mail: nj.taxation@treas.state.nj.us
If you wish to pay by e-check, enter on the worksheet
the 9-digit bank routing number, the account number
(omit hyphens, spaces, symbols, and letters), the type of
account, and the date you want the payment to be
debited from your account. The earliest date you may
select is the next business day. However, payment
transactions initiated by 11:59 p.m. on the due date will
be deemed timely even if the settlement date (date
payment is debited from the account) is after the filing
deadline. You can also pay by credit card or EFT (debit
or credit) after you have completed your online filing
and received a Confirmation Number. See “How to Pay”
on page 1. Confirmation Number. After you file your
return, the system assigns you a Confirmation Number.
This number serves as proof that your return was
successfully filed. Enter the number and the date you
filed your return in the boxes on the worksheet along
with the name of the person who “filed” the return.
Your return is not filed until you receive a
Confirmation Number.
Your Confirmation Number is your only proof that your
return was successfully filed. Enter it on your worksheet
and keep the worksheet for your business files for four
years in case of audit. Do not mail it to the Division of
Taxation. If you file your quarterly return in one
session, but make your payment by e-check or EFT debit
in a separate session of the Online Filing System, you
will receive a separate Confirmation Number for the
payment transaction.
Order Forms and Publications
To obtain copies of the EZ Telefile Worksheet and
Instructions, as well as other tax forms and publications:
Call the Forms Request System from a Touch-tone
phone at 1-800-323-4400 (within NJ, NY, PA, DE, and
MD) or 609-826-4400 (anywhere). Call NJ TaxFax at
609-826-4500 from your fax machine’s phone. Visit the
Division of Taxation’s Web site:
www.state.nj.us/treasury/taxation/.
In Person
Visit a New Jersey Division of Taxation Regional
Office. For the address of the office nearest you, call the
Automated Tax Information System from a Touch-tone
phone at 1-800-323-4400 (within NJ, NY, PA, DE, and
MD) or 609-826-4400 (anywhere) or visit our Web site.
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