Instructions For Form Rt-2 printable pdf download

Form RT-2 Instructions

General Information

Step-by-Step Instructions

When is Form RT-2 due?

Step 1: Identify your business

You must file monthly returns unless we notify you to do otherwise.

Items 1 through 7 - Please fill in the necessary information for

questions 1 through 7.

If you are filing a monthly return, it is due on or before the 15th day

of the month following the month for which you are filing. For ex-

Line 8 - You must file a “final” return when you have sold or discontin-

ample, if you are filing this return for the month of January, it is due

ued your business and you no longer owe the Telecommunications

on or before February 15 of the same year.

Excise Tax.

If you are filing a quarterly return, it is due on or before the 15th day

Step 2: Figure your net gross charges subject

of the month following the quarter for which you are filing. For

to tax

example, if you are filing this return for the first calendar quarter, it is

due on or before April 15.

Line 9 - Write the total gross charges billed during the period for

If you are an annual filer, this return is due on or before January 15

which you are filing this return.

of the year following the year for which you are filing.

“Gross charges” is the amount paid for

If you are filing a final return, it is due not more than one month after

• telecommunications originated or received in Illinois and

you sold or discontinued your business.

• all services and equipment you provided in connection therewith,

whether paid for with cash, credit, services, or property.

Note: You may apply for an extension not to exceed 31 calendar days

if you cannot reasonably compile the information necessary to file a

When you figure your gross charges, do not deduct

completed return on time. Such an extension may require a deposit.

• the cost of providing such telecommunications,

For more information about extensions, call 217 785-2627.

• the cost of materials used in providing telecommunications,

• the cost of labor or service, or

What if I fail to file this return and pay the

• any other expense you incur in providing telecommunications.

amount I owe?

Line 10 - If credit is used to pay for telecommunications services and

equipment, write the credit amount on Line 10 when the credit is paid.

You owe a late-filing penalty if you do not file a processable return

by the due date, a late-payment penalty if you do not pay the tax

Step 3: Figure your tax due

you owe by the date the tax is due, and a bad check penalty if your

remittance is not honored by your financial institution. Interest is

Line 16 - If you paid tax to other states on charges that you included

calculated on tax from the day after the original due date of your

in your net gross charges on Line 15, you must keep records to verify

return through the date you pay the tax. We will bill you for penalties

such tax payment.

and interest. For more information about penalties and interest, see

Line 21 - If you pay on a quarter-monthly basis and have overpaid

Publication 103, Uniform Penalties and Interest. To receive a copy of

your tax, do not file a claim with us. We will approve a credit for any

Publication 103, visit our Web site at or call

amount you have overpaid.

us at 1 800 356-6302.

Line 23 - If you wish to apply a credit memorandum, you must attach

What if my return covers transactions at more

the original credit memorandum to your return. We will not accept

than one location?

reproductions.

If your return covers transactions at more than one location, you

Line 24 - Subtract Line 23 from Line 22. This is the total amount of

must complete Form RPU-21, Utility Tax Multiple Location Schedule,

tax you owe. We will bill you for penalties and interest. If you prefer to

and attach it to your return.

figure these amounts, see the most current Publication 103, Uniform

Penalties and Interest, because application of penalties and interest

What if I had no business activity during the

may be different depending on when your return is due. Include

penalty and interest amounts on Line 24. Please identify how much is

period for which my return is due?

penalty and interest to the left of Line 24.

If you had no business activity during the period for which your return

is due, you still must file your return on or before the due date.

Section 1

What if I am filing an amended return for a

Please identify your “other” deductions from Step 2, Line 12d, of this

return and write the amount of each. If you are taking a deduction for

liability period prior to January 1, 1998?

a DCCA-certified business enterprise, you must list the business

If you are filing an amended return check the yes box in Step 1, Line 7.

name and the amount of the deduction. Attach an additional sheet if

Then figure the return following the instructions for each line. If the

necessary.

amended return is for a liability period prior to January 1, 1998,

a ________________________________

$ _________________

complete and attach Form RT-7, Worksheet for Telecommunications

b ________________________________

$ _________________

Excise Tax.

c ________________________________

$ _________________

What if I have questions?

Total “other” deductions

$ _________________

Write the total amount of your “other” deductions from this section on

If you have any questions, write us at the address on the front of this

Line 12d on the front of this return.

return or call our Springfield office weekdays between 8:00 a.m. and

4:30 p.m. at 217 524-5407 or 217 785-6602.

RT-2 back (R-03/01)

Instructions For Form Rt-2

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