Form IT-135 Sales and Use Tax Report for Purchases of Items and Services Costing $25,000 or More - New York

What Is Form IT-135?

This is a legal form that was released by the New York State Department of Taxation and Finance - a government authority operating within New York. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form IT-135?
A: Form IT-135 is the Sales and Use Tax Report for Purchases of Items and Services Costing $25,000 or More.

Q: Who needs to file Form IT-135?
A: Any individual or business in New York who has made purchases of items and services costing $25,000 or more needs to file Form IT-135.

Q: What is the purpose of Form IT-135?
A: The purpose of Form IT-135 is to report sales and use tax on purchases of items and services that exceed $25,000 in New York.

Q: When is Form IT-135 due?
A: Form IT-135 must be filed and paid no later than 20 days after the end of the reporting period.

Q: Are there any penalties for late filing?
A: Yes, there are penalties for late filing. The penalty varies depending on the amount of tax due and the time of the delay.

Q: Do I have to submit any supporting documents with Form IT-135?
A: Yes, you may need to submit supporting documentation such as invoices or receipts for the purchases reported on Form IT-135.