Contents
The Iowa 31 116A form plays a crucial role for purchasers of energy who do not qualify for the residential energy exemption from Iowa sales tax. This form is specifically designed for energy buyers who intend to use electricity, gas, or other forms of energy for taxable purposes, such as business operations. It is important to note that this form is not a claim for a refund; rather, it serves as a declaration that the energy will be utilized in a manner that incurs sales tax obligations. Energy purchasers must complete the form and provide it to their sellers, ensuring that key details such as the seller's name, address, and the nature of their business are included. Additionally, the form requires information about the type of energy purchased and the percentage of that energy that does not qualify for the residential exemption. Supporting documentation must accompany the form to validate the taxable uses of the energy. Both the purchaser and seller are advised to retain copies for their records, as the seller must keep the certificate on file. This process helps maintain compliance with Iowa's tax regulations while clarifying the tax responsibilities related to energy usage.
Iowa 31 116A Preview
Iowa Department of Revenue
www.iowa.gov/tax
Energy Used for Taxable Purposes
This is not a claim for refund form. This form is to be completed by the purchaser and provided to the seller.
This form is to be completed by an energy purchaser that will use energy in a manner which does not qualify for the residential energy exemption from Iowa sales tax.
Purchaser: Keep a copy for your records.
Purchaser
Seller: Keep this in your files.
Seller Name
Address
Address
City, State, ZIP
City, State, ZIP
General Nature of Business
Daytime Telephone Number
ENERGY PURCHASED:
Electricity
Gas
Other, specify ________________
TAXABLE ENERGY IS USED FOR (SPECIFY): ________________________________________________
______________________________________________________________________________________
______________________________________________________________________________________
Percentage used not qualifying for the residential energy exemption from Iowa sales tax: _____________ %
Meter No. ______________________________________________________________________
Utility Account No. _______________________________________________________________
If fuel is not metered, attach explanation of the method of purchase and storage.
Supporting Documentation:
Documentation must be attached to or be part of this certificate in order for a seller to accept the certificate. The documentation must be specific when listing taxable uses.
Under penalties of perjury, I swear or affirm that the information on and attached to this form is true and correct as to every material matter.
Authorized Signature of Owner, Partner or Corporate Officer: _______________________________________
Title: __________________________________________ Date: __________________
Energy Used for Taxable Purposes
Residential energy is exempt from Iowa state sales tax. It remains subject to any applicable local option sales tax.
Residential energy includes metered electricity, metered natural gas, propane, heating fuel, and kerosene.
Energy billed to a residence is taxable when used for
If it is impractical to separately meter and bill the energy, complete the Energy Used for Taxable Purposes form
Seller: Keep this certificate in your files.
Purchaser: Keep a copy of this certificate for your records.
Do not send to the Iowa Department of Revenue.
Document Attributes
| Fact Name | Details |
|---|---|
| Form Purpose | This form is for energy purchasers to document energy use that does not qualify for the residential energy exemption from Iowa sales tax. |
| Governing Law | The use of this form is governed by Iowa Code Section 423.3, which outlines sales tax exemptions. |
| Who Completes the Form | The purchaser must complete the form and provide it to the seller. |
| Record Keeping | Both the purchaser and seller are required to keep copies of the completed form for their records. |
| Documentation Requirement | Supporting documentation must accompany the form to validate the taxable uses of energy. |
| Frequency of Updates | The seller requires an updated form at least every three years from the purchaser. |
| Exemption Details | Residential energy is exempt from Iowa state sales tax but is subject to local option sales tax. |
Popular PDF Forms
Mn Real Estate Disclosure Form - Under Iowa law, sellers must provide buyers with a disclosure statement listing important property details.
This vital Lease Agreement template serves as a key resource for landlords and tenants navigating rental agreements in Colorado, ensuring a thorough understanding of their respective rights and obligations.
Iowa 470 0040 - Ensure accuracy in your Medicaid claims by utilizing the Iowa 470 0040 form, streamlining adjustments in billing.