Reminder on new filing, reporting requirements from TTB

Everyone’s pals at the Alcohol and Tobacco Tax and Trade Bureau (TTB) issued their Quarterly Brewer’s Report of Operations in February, and the instructions to the form, TTB F 5130.26i. The TTB released 5130.26 and 5130.26i in advance of the April 2015 filing date so that brewers could review and familiarize themselves with the new version. Note that this new version of TTB Form 5130.26 replaces the Brewpub Report of Operations version — the TTB will no longer accept the Brewpub version after April 1, 2015.

Changes made to TTB Form 5130.26 include:

• Revised as an “EZ” quarterly reporting option for certain brewers;
• Removed Part 2–Report Period Tax Payments;
• Removed Part 3–Summary of Materials Used and Wort Produced; and
• Clarified the form’s instructions,which is now in a separate document (TTB Form 5130.26i).

Now, some reminders from the TTB about filing requirements. Brewers must report quarterly (using either the Quarterly Brewer’s Report of Operations, TTB Form 5130.26 or the Brewer’s Report of Operations, TTB Form 5130.9) if:

You were liable for $50,000 or less in beer excise taxes in the preceding calendar year and reasonably expect to be liable for not more than $50,000 during the current calendar year.

Brewers who are required to file reports quarterly must also file excise tax returns quarterly.

Brewers must report monthly (using only the Brewer’s Report of Operations, TTB Form 5130.9) if:

You were liable for more than $50,000 in beer excise taxes in the preceding calendar year and/or reasonably expect to be liable for more than $50,000 during the current calendar year.

Brewers who are required to file reports monthly must file excise tax returns semi-monthly (twice per month).

For additional information on mandatory report filing frequencies see T.D. TTB-123, Small Brewers Bond Reduction and Requirement to File Tax Returns, Remit Tax Payments and Submit Reports Quarterly and TTB regulations (27 CFR 25.164 and 27 CFR 25.297(b)).

For 2015 filing dates, see Excise Tax Due Dates.