Transient occupancy tax return form 2026

1. Click ‘Get Form’ to open the transient occupancy tax return form in the editor.
2. Begin by entering the month and year for which you are filing at the top of the form. This is crucial for accurate record-keeping.
3. Fill in your establishment name and street address, ensuring all details are correct to avoid processing delays.
4. Indicate your average occupancy rate for the month, calculated as occupied rooms divided by total available rooms.
5. In the computation section, list total rents received for current month stays. Include all applicable charges but exclude future rents.
6. Detail allowable deductions, attaching necessary documentation. This includes stays over 30 days and federal employee stays.
7. Calculate taxable rental receipts by subtracting total deductions from total rents received.
8. Compute the transient occupancy tax due by applying a 12% rate to taxable rental receipts.
9. Complete any applicable penalties and sum up totals to find the final amount due at the bottom of the form.

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