State Form 47353 Auto Rental Excise Tax Credit Affidavit - Indiana

What Is State Form 47353?

This is a legal form that was released by the Indiana Bureau of Motor Vehicles - a government authority operating within Indiana. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 47353?
A: Form 47353 is the Auto Rental Excise Tax Credit Affidavit for the state of Indiana.

Q: What is the purpose of Form 47353?
A: The purpose of Form 47353 is to claim a tax credit for the excise tax paid on the rental of a motor vehicle in Indiana.

Q: Who should use Form 47353?
A: Form 47353 should be used by individuals or businesses who have paid excise tax on auto rentals in Indiana and are eligible for a tax credit.

Q: How do I complete Form 47353?
A: To complete Form 47353, you need to provide your name and address, rental company information, rental dates and locations, and the amount of excise tax paid.

Q: When is the deadline to file Form 47353?
A: The deadline to file Form 47353 is typically April 15th of the year following the tax year.

Q: Is the Auto Rental Excise Tax Credit refundable?
A: Yes, the Auto Rental Excise Tax Credit is refundable, meaning you can receive a refund for the amount of the credit that exceeds your tax liability.

Q: Can I claim the Auto Rental Excise Tax Credit on my federal tax return?
A: No, the Auto Rental Excise Tax Credit can only be claimed on your Indiana state tax return.

Q: Are there any eligibility requirements for the Auto Rental Excise Tax Credit?
A: Yes, to be eligible for the credit, the rental must have been for a period of less than 30 days and the rental company must have collected both the state and local auto rental excise taxes.