This version of the form is not currently in use and is provided for reference only. Download this version of Form 500HS for the current year.
This is a legal form that was released by the Virginia Department of Taxation - a government authority operating within Virginia. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form 500HS?
A: Form 500HS is a Home Service Contract ProviderMinimum Tax Computation form.
Q: Who needs to file Form 500HS?
A: Home service contract providers in Virginia need to file Form 500HS.
Q: What is the purpose of Form 500HS?
A: The purpose of Form 500HS is to calculate the minimum tax owed by home service contract providers.
Q: How do I compute the minimum tax on Form 500HS?
A: The minimum tax on Form 500HS is computed based on a percentage of the provider's gross receipts.
Q: What rate is used to calculate the minimum tax on Form 500HS?
A: The rate used to calculate the minimum tax on Form 500HS is 0.04% of the provider's gross receipts.
Form Details:
Download a fillable version of Form 500HS by clicking the link below or browse more documents and templates provided by the Virginia Department of Taxation.