HomeMy WebLinkAbout2025 Prepayment Schedule- WaterYour 2025 prepayment amounts and schedule for Electronic Fund Transfer are detailed below,
followed by additional instructions.
Month
1st Prepayment
Amount
Transmission Date
(Taxpayer Use)
2nd Prepayment
Amount
Transmis ion Date
(Taxpayer Use)
Jan
$7,200.00
$7,200.00
Feb
$7,800.00
f
$7,800.00
Mar
$8,400.00
$8,400.00
Apr
$7,800.00
$7,800.00
May
$8,000.00
$8,000.00
Jun
$8,100.00
/
$8,100.00
Jul
$8,300.00
$8,300.00
Aug
$9,300.00
$9,300.00
Sep
$8,300.00
$8,300.00
Oct
$8,600.00
$8,600.00
Nov
$9,100.00
$9,100.00
Dec
$7,700.00
$7,700.00
Please review the schedule. Prepayments are based on prior year sales. If you have a permanent
reduction in sales, contact the EFT/Prepay Unit about an adjustment to your scheduled
prepayments.
Instructions:
Prepayments must be transmitted by EITHER Option 1 or Option 2 each month. (See below). You
are not required to use the same option for the entire year. Failure to transmit your prepayments by
Option 1 or Option 2 and pay your Excise Tax return as required will result in penalties and loss of
state discount. The balance of the month's tax due on the return must be paid by the due date.
Option 1: Make two equal prepayments in the amounts listed on the schedule above. The 1st
Prepayment is due by the 12th of each month and the 2nd Prepayment is due by the 24th of each
month.
Option 2: Make a prepayment of at least 80% of your current monthly tax due by the 24th of the
month. If you select this option, you will be responsible for determining the amount necessary to
pay at least 80% of the actual tax due for the current month.
www.dfa.arkansas.gov