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Click ‘Get Form’ to open the VM-2 Virginia Vending Machine Dealer’s Sales Tax Return in the editor.
Begin by entering your Account Number, Name, and Filing Period at the top of the form. Ensure all details are accurate for proper processing.
In Column A, list the cost of tangible personal property sold through vending machines. This is crucial for calculating your taxable amount.
Complete Columns B and C with state and local tax rates respectively. For periods after September 1, 2004, use a state rate of 5% and a local rate of 1%.
Calculate total deductions in Line 2d by summing allowable deductions from Lines 2a, 2b, and any other deductions on Line 2c.
Determine your Net Tax Due by subtracting any dealer’s discount from your total tax calculated in Line 4.
Finally, review all entries for accuracy before signing and saving your completed form. Use our platform's features to easily share or print your document.

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