This is a legal form that was released by the Railroad Commission of Texas - a government authority operating within Texas. Check the official instructions before completing and submitting the form.
Q: What is Form H-14?
A: Form H-14 is the Enhanced Oil RecoveryReduced Tax Annual Report.
Q: Who needs to file Form H-14?
A: Oil producers in Texas who wish to claim the Enhanced Oil Recovery Reduced Tax must file Form H-14.
Q: What is the purpose of Form H-14?
A: The purpose of Form H-14 is to report and claim the Enhanced Oil Recovery Reduced Tax.
Q: What is Enhanced Oil Recovery?
A: Enhanced Oil Recovery refers to the use of various techniques to increase the amount of oil that can be extracted from a reservoir.
Q: What is the Reduced Tax?
A: The Reduced Tax is a tax incentive provided to oil producers in Texas who engage in Enhanced Oil Recovery activities.
Q: When is Form H-14 due?
A: Form H-14 is due annually on or before March 1st.
Q: Are there any penalties for late filing of Form H-14?
A: Yes, there are penalties for late filing. The penalty for filing after the due date but within 30 days is $50, and the penalty for filing more than 30 days late is $200.
Q: What information is required on Form H-14?
A: Form H-14 requires information such as the tax period, taxpayer name and address, total crude oil produced, and details of Enhanced Oil Recovery expenses and credits.
Form Details:
Download a printable version of Form H-14 by clicking the link below or browse more documents and templates provided by the Railroad Commission of Texas.