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Form 722 vi 2026
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- Click ‘Get Form’ to open it in the editor.
- Begin by selecting the Rental Type from the options provided: VI-Hotel, VA-Villa, TS-Timeshare, OT-Other, or CO-Condo.
- Enter your Taxpayer Identification Number (TIN) in the designated field.
- Fill in the Location of Rooms by providing details in sections A through D. Ensure you accurately list all relevant room types.
- Calculate the Total Amount of Rentals by adding values from sections A, B, C, and D into field E.
- Determine the Tax Due by multiplying the total rentals (line E) by 12.5% and enter this amount in field F.
- If applicable, add any Penalty amounts in field G and calculate Interest for late payments in field H.
- Finally, sum fields F, G, and H to find the Total Amount Due in field I. This is the amount you will remit with your return.
- Complete your name, title, signature, and date at the bottom of the form before submission.
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