Get Ct Au-724 2020

Filling out the CT AU-724 form is an essential process for claiming a motor vehicle fuels tax refund for specific uses in the state of Connecticut. This guide provides a clear and supportive step-by-step approach to help users navigate the online completion of the form.

Follow the steps to successfully fill out the CT AU-724 online.

1. Use the ‘Get Form’ button to access the CT AU-724 online form and open it in your preferred digital editor.
2. Begin by filling in the 'Period of claim in calendar year' section, specifying the start and end dates of your claim period.
3. Indicate your 'Type of business' clearly.
4. In the 'Name of claimant' field, print your full name as the individual making the claim.
5. Provide your Federal Employer Identification Number (FEIN) or Social Security Number (SSN) in the relevant fields.
6. Complete your address details, including the street address, city, state, and ZIP code.
7. If there has been an address change, check the corresponding box.
8. Enter your Connecticut Tax Registration Number and your telephone number for contact purposes.
9. Select the fuel type by marking the appropriate box for Diesel or Motor vehicle fuels (gasoline-gasohol).
10. Choose the appropriate claim type by indicating whether it is for Off highway, Marine, Governmental, School bus, or Waste hauling.
11. Proceed to Part 1 - Computation of Net Refund, entering your opening inventory of fuel in gallons and the total gallons purchased.
12. Calculate the total gallons available by adding your opening inventory and gallons purchased.
13. List the closing inventory of fuel in gallons at the end of your claim period.
14. Calculate total gallons used by subtracting closing inventory from total gallons available.
15. Complete the nontaxable use section by entering the total from Schedule B.
16. Calculate the taxable use by subtracting nontaxable use from total gallons used.
17. Determine the gross refund by multiplying nontaxable use by the refund rate per gallon as indicated.
18. Enter the total amount paid for the gallons reported.
19. Calculate the average price per gallon based on the data provided.
20. Determine the net average price per gallon by subtracting the Connecticut motor vehicle fuels tax refund rate from the average price.
21. Calculate the amount subject to use tax and the use tax due.
22. Finally, compute your net refund by subtracting the use tax due from the gross refund.
23. In the declaration section, sign and print your name, indicating your status as the taxpayer.
24. If applicable, enter the information of a paid preparer, including their signature, title, and SSN or PTIN.
25. Before submission, ensure that all schedules are completed and all necessary attachments, such as receipts, are included.
26. Once completed, you can save changes, download, print, or share the CT AU-724 for your records.

Start the process of claiming your refund by completing the CT AU-724 online today.