35. ADDITIONAL REMARKS (Reference by item number and use a separate sheet if necessary)
INSTRUCTIONS
1.
9. SCHEDULE A. Use Schedule A to report adjustments increasing the amount
Prepare TTB F 5000.24sm, Excise Tax Return, in duplicate. The return must
cover all tax liabilities incurred or discovered during the tax period.
due (for example, an error in a previous return period that resulted in an
underpayment of tax). In addition, proprietors of distilled spirits plants must use
2.
Prepare a separate TTB F 5000.24sm for each distilled spirits plant, bonded wine
Schedule A to report the tax and interest, if any, on unexplained shortages of
cellar or winery, brewery, tobacco products factory, or cigarette papers and
bottled distilled spirits, as required by 26 U.S.C. 5008(a) (1) (C), and proprietors
tubes factory from which you make removals subject to tax.
of small winery premises who overestimated their wine credits must compute the
3.
TTB Form 5000.24sm must be used as both a prepayment tax return and a deferred
tax and interest as required by 27 CFR 24.279(a).
10. SCHEDULE B. Use Schedule B to report adjustments decreasing the amount
due (for example, an error in a previous return period that resulted in an
overpayment of tax). Prepayments of tax, claims approved for credit of tax, the
number of gallons and the applicable tax credit allowed for being a small winery,
and other authorized adjustments must be reported in Schedule B. You may
carry over to Schedule B of your next tax return the unused portion of any
approved tax credits or adjustments.
payment tax return. Except as noted below, you must file TTB F 5000.24sm for
each tax return period, whether or not you prepaid all tax liabilities incurred
during the period. Exceptions: (a) distilled spirits plant proprietors who are not
exempt from bond requirements under 27 CFR 19.151(d) and who do not have
an approved bond covering the deferred payment of taxes; (b) proprietors of
bonded wine cellars or wineries who have no tax due, per 27 CFR 24.271; (c)
manufacturers of tobacco products who have complied with the provisions of 27
CFR 40.162; and (d) manufacturers of cigarette papers and tubes who have
complied with the provisions of 27 CFR Part 40.
11. EXPLANATION OF ADJUSTMENTS. You must fully explain adjustments reported
in Schedules A and B. Identify any prepayments by serial number of the tax return
4. Export warehouse proprietors transmitting remittances for unassessed liabilities
on which the tax was prepaid. Identify approved claims by claim number. In all
(27 CFR 44.67) must prepare TTB F 5000.24. The proprietors must complete
other cases, you must enter, as a minimum, the date of the transaction (the date
items 2, 3, 6-8, and 22-24. They must also complete appropriate line items under
of an error, the date a shortage was found, etc.), the identity and quantity of the
Calculation of Tax Due and make any necessary explanation in item 35.
product involved in the adjustment, and the reason for the adjustment. If neces-
5. ITEM 1. Begin with "1" January 1 of each year. Use a separate series of numbers
sary, use the space above or attach a separate sheet to explain adjustments fully.
with the prefix "P" to designate prepayment returns. Begin with "P-1" to
12. INTEREST. The law provides for the payment of interest on underpayments and
designate the first prepayment return filed on or after January 1 of each year.
overpayments of tax. Interest, if applicable, will be computed at the rate prescribed
6. If this form contains pre-printed information in items 6, 7, or 8, and the information
by 26 U.S.C. 6621 and reported as a separate entry in Schedule A or B. To avoid
is incorrect, make the necessary corrections by crossing out any errors and print-
paying interest on unexplained shortages of bottled distilled spirits, you must re-
ing the correct information in the same area. If there is no pre-printed
port the shortage on the tax return covering the period in which you discovered the
information in these areas, print or type the required information in the spaces
shortage. Interest is not allowed on adjustments involving the prepayment of tax or
provided.
approved claims for credit of tax (unless the approved claim specifically authorized
7. ITEM 6. Enter your employer identification number here and on all checks or
such interest).
money orders which accompany your return. If you have not been assigned an
Compute the interest on underpayments from the due date of the return in error to
employer identification number, you must obtain and file Form SS-4 with your
the date of payment. Compute the interest on overpayments from the date of
local Internal Revenue Service office.
overpayment to the due date of the return on which the credit is taken.
8. LINES 9-21. Show on the appropriate line or lines the amount of tax being pre-
13. Enter "NONE" in Schedule A or Schedule B if there is no transaction.
paid or, if the return covers a tax return period, the tax liability incurred during the
14. Payment must accompany this form except when the payment is by electronic
period. If the return covers a tax return period, you must include at lines 9-16 all
funds transfer (EFT).
tax liabilities incurred during the period even if you have already prepaid the tax.
(You will show prepayments in Schedule B as adjustments decreasing the
15. Mail this return to:
amount due.)
TTB
Brewers must calculate the amount of tax reported at Line 11 using net taxable
Excise Tax
removals during the return period. For any return period, net taxable removals
P. O. Box 790353
equal the total number of barrels removed for consumption or sale minus the
St. Louis, MO 63179-0353
total number of barrels returned to the brewery from which removed during the
same period.
PAPERWORK REDUCTION ACT NOTICE
This request is in accordance with the Paperwork Reduction Act of 1995. The purpose of this information is to identify taxpayers, the period covered, and
the amount of tax due for each tax return. The information is used by the Government to ensure that the correct tax payment was made and received. The
information is mandatory by statute (26 U.S.C. 5061, 5703).
The estimated average burden associated with this collection is .75 hour per respondent or recordkeeper depending on individual circumstances.
Comments concerning the accuracy of this burden estimate and suggestions for reducing this burden should be directed to the Reports Management
Officer, Regulations and Rulings Division, Alcohol and Tobacco Tax and Trade Bureau, 1310 G Street, NW, Box 12, Washington, D.C. 20005.
An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a current, va lid OMB
control number.
TTB F 5000.24sm (11/2016)
35,9$&<$&7
A Privacy Act Statement required by 5 U.S.C. 552a(e)(3) stating our authority for soliciting and collecting the information from your check, and explaining
the purposes and routine uses which will be made of your check information, is available at http://www.ttb.gov/pdf/notice-of-system-records.pdf, or call toll
free at (877)882-3277 to obtain a copy by mail. Furnishing the check information is voluntary, but a decision not to do so may require you to make payment
by some other method.
35,9$&<$&767$7(0(17
We provide this information to comply with Section 3 of the Privacy Act of 1974 (5 U.S.C., 552(a)(e)(3)).
We require this information under the authority of 26 U.S.C. 6302. You must disclose this information so we may identify you as a taxpayer, the period
covered, and the amount of tax due for each return. This information also ensures the correct tax payment was made and received.
We use this information to make determinations for the purposes described in paragraph 2. Also, we may disclose the information to other Federal, State,
foreign, and local law enforcement and regulatory agency personnel to verify information on the form where law does not prohibit such disclosure. We may
disclose the information to the Justice Department if it appears that the furnishing of false information may constitute a violation of Federal law. Finally, we
may disclose the information to members of the public in order to verify information on the form where law does not prohibit such disclosure.
If you fail to supply complete information, there will be a delay in the processing of your return.
