I over collected sales tax on several transactions. How do I account for this excess tax on my return?
  • Excess tax is accounted for on line 6 of the sales tax return.
  • No retailer may retain any tax collected in excess of the tax computed, and should report the excess collections on the return for the period in which it was collected and include it in the calculation of tax due.

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1. What are the due dates and monthly filing requirements?
2. When preparing my sales tax return, what supporting documents for my deductions should I retain?
3. If my business is service oriented, would I ever need to collect sales tax?
4. I over collected sales tax on several transactions. How do I account for this excess tax on my return?
5. What do I do if a purchaser insists they are exempt from tax but cannot produce the appropriate documentation?
6. Why does Aspen have a lodging tax and how much is it?
7. If I rent my house on a short-term basis, for example, through a vacation website or property management company, am I required to collect and remit sales and lodging taxes?
8. My lodging establishment charges a civic assessment / convenience / booking / service fee on each booking. Is that subject to sales and lodging tax?
9. Will I ever get audited?