This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form E-554 for the current year.
This document contains official instructions for Form E-554 , Consumer Use Tax Return - a form released and collected by the North Carolina Department of Revenue. An up-to-date fillable Form E-554 is available for download through this link.
Q: What is Form E-554?
A: Form E-554 is the Consumer Use Tax Return for North Carolina.
Q: Who needs to file Form E-554?
A: Any individual or business that has made purchases without paying sales tax and is liable for use tax in North Carolina needs to file Form E-554.
Q: What is consumer use tax?
A: Consumer use tax is a tax on the use, storage, or consumption of tangible personal property or certain services that were purchased without paying sales tax.
Q: When is Form E-554 due?
A: Form E-554 is due on or before the 20th day of the month following the end of the reporting period.
Q: Are there any penalties for not filing or paying the consumer use tax?
A: Yes, failure to file or pay the consumer use tax can result in penalties and interest being assessed.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the North Carolina Department of Revenue.