Part 3: Correct your financial information
Complete this section only if you are changing financial information. Please
round to the nearest whole dollar.
●
attach a copy of the bill of sale to this return.
●
use 6.25 percent as your tax rate for Line 6 unless the address listed in Part 1 is one of the following locations:
●
Cook County . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 percent (7.25 percent in Bensenville, Elmhurst, Hinsdale, Oak Brook, Roselle, and Woodridge)
DuPage County . . . . . . . . . . . . . . . . . . . . . . . . . 6.75 percent (6.5 percent outside of DuPage Water Commission)
Will County . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.5 percent (6.75 percent in Naperville or Woodridge)
Kane, Lake, and McHenry Counties . . . . . . . 6.5 percent
Madison and St. Clair Counties . . . . . . . . . . . 6.5 percent (6.25 percent outside of the Metro East Transit District)
Column A
Column B
Most recent figures filed
Figures as they should
have been filed
1
1 ____________ 1 ____________
Write the purchase price (before trade-in, discount, or rebate).
2
2 ____________ 2 ____________
Write the amount of your trade-in or discount.
3
3 ____________ 3 ____________
Subtract Line 2 from Line 1. This is the net purchase price.
4
4 ____________ 4 ____________
Write the amount you are allowed for depreciation for out-of-state use.
(See instructions.)
5
5 ____________ 5 ____________
Subtract Line 4 from Line 3. This is the taxable amount.
6
6 ____________ 6 ____________
Multiply Line 5 by the tax rate of ________.
(See the rates listed above.)
7
Complete only one option from a or b below.
(See instructions.)
Write the amount of credit you are allowed for taxes paid
a
7a ____________ 7a ____________
to another state or retailer. Write the state or retailer here. ____________________.
b
to Illinois on Form RUT-25 on an item that you purchased for leasing purposes,
7b ____________ 7b ____________
leased to an Illinois resident, and then sold at retail to an Illinois resident.
8
8 ____________ 8 ____________
Subtract Line 7a or 7b, as applicable, from Line 6. This is the tax due.
9
9 ____________
Write the total amount you have paid.
Compare Line 8, Column B, and Line 9.
• If Line 9 is greater than Line 8, Column B, write the difference on Line 10.
• If Line 9 is less than Line 8, Column B, write the difference on Line 11.
10
10 ____________
Overpayment — This is the amount you have overpaid. Go to Part 4 and sign this return.
11
Underpayment — This is the amount you have underpaid. Please pay this amount.
11 ____________
Go to Part 4 and sign this return.
Make your check payable to “Illinois Department of Revenue.”
Part 4: Sign below
Under penalties of perjury, I state that I have examined this return and, to the best of my knowledge, it is true, correct, and complete.
__________________________________________________________________________________ _____________________________________________________________________________________
Your signature
Date
Co-owner’s signature
Date
__________________________________________________________________________________ _____________________________________________________________________________________
Your mailing address
City
State
ZIP
__________________________________________________________________________________ _____________________________________________________________________________________
Preparer's signature
Phone
Remittance agent no.
Date
Mail to: ILLINOIS DEPARTMENT OF REVENUE
Please write the amount you are paying on the
line provided in the "Read this information
PO BOX 19034
first" section on the front of this return.
SPRINGFIELD IL 62796-9034
RUT-25-X (R-12/04)
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