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The document is an Annual Accounting form for a Seller in a Contract for Deed, detailing the payment status to the Buyer. It includes sections for reporting the total amount paid, remaining balance, number of payments left, amounts paid for taxes and insurance on behalf of the Buyer, insurance proceeds from property damage, and changes in insurance coverage. The document concludes with a signature section for the Seller.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the remote seller threshold in Kentucky?

Remote sellers and marketplace facilitators that have gross receipts (taxable and nontaxable) exceeding $100,000 or 200 or more separate transactions in the previous or current calendar year are required to collect and remit Kentucky sales or use tax.

What is the phone number for the Kentucky One Stop Portal?

If you need assistance with linking your business, paying sales use tax, or have any other questions regarding the One Stop Portal, please call 502-564-5053.

Is there sales tax on remote sellers in Kentucky?

When must a remote retailer begin collecting and remitting sales and use tax in Kentucky? HB 487, effective July 1, 2018, requires remote retailers with 200 or more sales into the state or more than $100,000 in gross receipts from sales into the state to register and collect Kentucky sales and use tax.

What is the filing threshold for Kentucky?

Kentucky Adjusted Gross Income and Filing Status (Chart B): Single, under age 65 AND KAGI is greater than $3,160. Single, age 65 or older OR blind AND KAGI is greater than $4,160. Single, age 65 AND blind AND KAGI is greater than $5,160. MFJ, both under age 65 AND KAGI is greater than $3,160.

What is the threshold for paying sales tax?

Economic nexus thresholds under state sales tax laws AlabamaSales dollar amount: $250,000 Arizona Sales dollar amount: $100,000 Arkansas Sales dollar amount: $100,000 California Sales dollar amount: $500,00047 more rows Jul 10, 2024

Are online sales taxable in Kentucky?

Sales Tax is imposed on the gross receipts derived from both retail sales of tangible personal property, digital property, and sales of certain services in Kentucky.

How much is a sellers permit in KY?

Its free to register for a Kentucky sales and use tax permit through the Kentucky Department of Revenue. Kentucky sales tax permits do not expire. Qualifying remote sellers can register through the Streamlined Sales Tax Registration System (SSTRS). Online registration required for remote sellers.

Do you need a business license to sell online in Kentucky?

Some states have a general license requirement, which means all businesses operating in those states must have the license, regardless of what they do. But good news: Kentucky doesnt require a general license to do business in the state.

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