14-125
(Rev.6-03/2)
TEXAS MOTOR VEHICLE SELLER-FINANCED SALES TAX SURCHARGE
DECLARED ESTIMATE AND PREPAYMENT
a. Taxpayer number
b. Filing period
c. Due date
Taxpayer name and mailing address
d.
Under Ch. 559, Government Code, you are
entitled to review, request, and correct information
we have on file about you, with limited exceptions
in accordance with Ch. 552, Government Code.
To request information for review or to request
error correction, contact us at the address or
toll-free number listed on this form.
REQUIREMENTS FOR PREPAYMENT
To receive the additional prepayment discount, you must meet the following requirements:
your estimate of tax surcharge must equal at least 90% of the total tax surcharge that will be due for the reporting period OR
must be the same as the tax surcharge that was due and paid in the same period of the preceding year, AND
your prepayment report must be postmarked on or before the due date.
NOTE: If your prepayment is late or underestimated, the prepayment discount will not be allowed. The payment will be applied as
a credit to the tax due on the return required to be filed for the period.
COLUMN A
COLUMN B
COMPUTATION OF ESTIMATED TAX SURCHARGE AND PREPAYMENT
FOR MODEL YEARS
FOR MODEL YEARS
1996 AND PRIOR
1997 AND LATER
$
$
1. Enter your estimate of TOTAL TAXABLE Seller-Financed
1A.
1B.
Sales Surcharge Receipts for the period
2. Tax surcharge
2A.
2B.
$
$
3. Estimated tax surcharge for the period
(Multiply Item 1A by 2.5% (.025)
3A.
3B.
for Item 3A and multiply Item 1B by 1% (.010) for item 3B.)
$
4. TAX SURCHARGE DUE FOR THIS PERIOD
4.
(Item 3A plus Item 3B)
$
5. 1.75% PREPAYMENT DISCOUNT
5.
(Multiply Item 4 by .0175)
$
6. TOTAL TAX SURCHARGE DUE
6.
(Item 4 minus Item 5)
DETACH BELOW AND KEEP THIS UPPER PART FOR YOUR RECORDS
RETURN THIS PART ONLY WITH YOUR PAYMENT
Form 14-125 (Rev.6-03/2)
TEXAS MOTOR VEHICLE SELLER-FINANCED
e.
SALES TAX SURCHARGE
DECLARED ESTIMATE AND PREPAYMENT
$
7. TOTAL AMOUNT DUE AND PAYABLE
7.
(From Item 6)
Taxpayer name
f.
g.
T Code
Taxpayer number
Period
I declare that the in formation in this document and all attachments is true and correct
to the best of my knowledge and belief.
Authorized agent
Make the amount in Item 7 payable to STATE COMPTROLLER
Daytime phone
Date
Mail to: COMPTROLLER OF PUBLIC ACCOUNTS
111 E. 17th Street
Austin, Texas 78774-0100
If you have any questions regarding Motor Vehicle Sales and Use Tax, you may contact the
Comptroller's field office in your area or call 1-800-252-1382 toll free nationwide. The local
number in Austin is 512/463-4600. If you are calling from a Telecommunications Device for
111 A
the Deaf (TDD), the toll-free number is 1-800-248-4099, or in Austin, 512/463-4621.
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