INSTRUCTIONS: ARIZONA TRANSACTION PRIVILEGE, USE, AND SEVERANCE TAX RETURN (Form TPT-1)

Arizona businesses are required to document the privilege and use tax due to the state on all purchases made in the course of business, as well as to pay severance tax when ceasing business operations. These purchases and taxes are documented on form TPT-1, which can be found on the website of the Arizona Department of Revenue.

Arizona Transaction Privilege, Use, And Severance Tax Return TPT-1 Step 1: At the top right, give your state license number, your Employer Identification or Social Security number, and the beginning and end dates of the period you are reporting.

Arizona Transaction Privilege, Use, And Severance Tax Return TPT-1 Step 2: In Section I, give your business name and address. Indicate with a check if you are filing an amended, multipage, one-time-only return or a final return intended to cancel your license.

Arizona Transaction Privilege, Use, And Severance Tax Return TPT-1 Step 3: Section II is provided to detail all transactions. Enter the information as directed in the columns. Transfer the total tax due from column H to line 2 of section III. If you need additional space to detail all transactions, use the table provided on the third page.

Arizona Transaction Privilege, Use, And Severance Tax Return TPT-1 Step 4: Complete Schedule A on the second page. This table helps you determine your total credits. Transfer the sum to line 1 of section III.

Arizona Transaction Privilege, Use, And Severance Tax Return TPT-1 Step 5: Enter your excess state tax collected on line 3 of section III and other excess tax collected on line 4.

Arizona Transaction Privilege, Use, And Severance Tax Return TPT-1 Step 6: Total lines 2 through 4 to determine your total tax liability. Enter this sum on line 5.

Arizona Transaction Privilege, Use, And Severance Tax Return TPT-1 Step 7: Transfer the sum of line J from the table above to line 6.

Arizona Transaction Privilege, Use, And Severance Tax Return TPT-1 Step 8: Follow calculation instructions on lines 7 through 9 to determine your net tax due.

Arizona Transaction Privilege, Use, And Severance Tax Return TPT-1 Step 9: Lines 10 through 14 concern adjustments for late payments and payments already made.

Arizona Transaction Privilege, Use, And Severance Tax Return TPT-1 Step 10: Sign and date the form.