The Louisiana 1029 Sales Form is a crucial document used for reporting sales tax in the state of Louisiana. Specifically designed for businesses, this form allows them to detail their gross sales, deductions, and the tax due for a specific filing period. If you are ready to file your sales tax return, please fill out the Louisiana 1029 Sales Form by clicking the button below.
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Filling out the Louisiana 1029 Sales form is an important step for businesses to report their sales tax accurately. This process involves gathering your sales data, calculating the necessary figures, and ensuring that all required information is provided. Below are the steps to complete the form effectively.
After completing the form, review it carefully for any errors or omissions. This will help avoid delays or penalties. Once satisfied, submit the form according to the instructions provided, ensuring that it is sent before the due date to avoid any late fees.
R-1029 (7/22)
FOR OFFICE USE ONLY. Field flag
Louisiana Department of Revenue
Sales Tax Return
Location address:
ADDRESS
CITY
STATE
ZIP
ACCOUNT
NUMBER
LEGAL NAME
Do not use this form
TRADE NAME
for filing periods
prior
MAILING ADDRESS
UNIT TYPE
UNIT NUMBER
to July 2022.
Filing period
M
Y
FOREIGN NATION, IF NOT UNITED STATES (DO NOT ABBREIVATE)
Please use blue or black ink.
U.S. NAICS
Code
Round to the nearest dollar. Do not use dashes.
1
Gross sales of tangible personal property
2
Cost of tangible personal property
(Used, consumed, or stored for use or consumption in Louisiana.)
3
(a) Leases and rentals of tangible personal property
3(a)
(Do not include motor vehicle leases or rentals, which must be filed electronically.
See instructions.)
(b) Taxable services
3(b)
Total leases, rentals, and taxable services (Add Lines 3(a) and 3(b).)
4
Total (Add Lines 1, 2, and 3.)
5
Total allowable deductions (From Line 32, Schedule A. Do not
include as a deduction any item not reported on either Line 1, 2, or 3.)
6
Amount taxable (Subtract Line 5 from Line 4.)
7
Tax due (Multiply amount on Line 6 by 4.45%.)
8
Excess tax collected (Do not include local sales tax.)
9
Total (Add Line 7 and Line 8.)
10
Vendor’s compensation 0.944% (0.944% of Line 9 if not delinquent. Limited to $1500. The
0.944% rate is the equivalent of 4 cents out of 4.45 cents of the 1.05% V.C. rate. See instructions.)
11
Net tax due (Subtract Line 10 from Line 9.)
(a) Donation to The Louisiana Military Family Assistance Fund
11(a)
(Enter the amount from Line 33 from the back of the return.)
12
Penalty (See instructions.)
13
Interest (See instructions.)
14
Total payment due (Add Lines 11, 11(a), 12, and 13.)
Mark this box if
payment made
Make payment to: Louisiana Department of Revenue.
electronically.
WEB
PAY THIS AMOUNT (DO NOT SEND CASH.) u
Each physical location must register to
obtain a separate Revenue Account ID.
Taxpayer’s FEIN
Final
Enter date
business
return
sold/terminated.
Parent Company FEIN
If amended return,
42273
mark this box.
Allowable Deductions – Schedule A
Total Sales
15
Intrastate telecommunication services
(Do not include prepaid telephone cards.)
16
Interstate telecommunication services
17
Prepaid telephone cards
18
Electricity and natural gas or energy for non-
residential use
19
Steam and bulk or utility water used for non-
residential purposes
20
Boiler fuel for nonresidential use
(See instructions.)
21
Sales/purchase/leases/rentals of manufactur-
ing machinery or equipment
22
Sales to U. S. government and Louisiana
state and local government agencies
23
Sales of prescription drugs
24
Sales of food for home consumption
25
Electricity, natural gas, and bulk water for
26
Sales in interstate commerce
27
Sales for resale
28
Cash discounts, sales returns and
allowances
29
Tangible personal property sold for lease or
rental (See instructions.)
30
Sales of gasoline, diesel, and motor fuel
(Sales for resale must be reported on Line 27.)
31
Total from SCHEDULE A-1
(Transactions taxed at 0%.)
Percent Exempt
22.472%
44.944%
55.056%
100%
32 Add Lines 15 through 31; enter here and on Line 5.
33(a) Donation of Vendor’s Compensation
33(b) Donation in Addition to Tax Due
The Military Family
Assistance Fund
Worksheet
33 Total Donation (Add Lines 33(a) and 33(b)) Enter here and on Line 11(a) on front of return
33
Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Signature
Print Name
Date (mm/dd/yyyy)
Title
Telephone
PAID
PREPARER USE ONLY
Print Preparer’s Name
Preparer’s Signature
Check if
Self-employed
Firm’s Name ➤
Firm’s EIN ➤
Firm’s Address ➤
Telephone ➤
PTIN, FEIN, or LDR account
For Office
number of paid preparer
Use Only.
Louisiana Department of Revenue Post Office Box 3138
Baton Rouge, LA 70821-3138
This return is due on or before the 20th day following the taxable period covered and becomes delinquent on
42274
the first day thereafter. If the
due date falls on a weekend or holiday, the return is due the next business day and
becomes delinquent the first
day thereafter.
Enter your Louisiana Revenue Account Number:
Schedule A-1: Transactions Subject To 0% Tax
Description
Sales Tax
Exemption Code
Add Lines 1 - 20; enter here and on Line 31 of Schedule A, under the Total Sales column.
42275
Misconceptions about the Louisiana 1029 Sales form can lead to confusion when filing. Here are five common misunderstandings:
When completing the Louisiana 1029 Sales form, several other documents may be required to support your submission. These documents provide additional details about your sales, deductions, and tax obligations. Below is a list of commonly used forms that accompany the Louisiana 1029 Sales form.
Ensure that you gather all necessary documents before submitting the Louisiana 1029 Sales form. This will help avoid delays and ensure compliance with state tax regulations. If you have any questions about these documents, it is advisable to consult with a tax professional.