Schedule Rt-2-M Instructions printable pdf download

Schedule RT-2-M Instructions

Step 2: Identify where net gross charges are billed

Line 15a - Write the amount that represents net gross

charges that are subject to the current state and local tax

rates. This must be reported separately for each municipality

or county.

Line 15b - Multiply Line 15a by the current tax rates (both

state and municipal rates). If the rate is not preprinted on your

Form RT-2-M, refer to the Telecommunication Tax Rate

Reference Manual.

Line 16a - Write the amount that represents net gross

charges that are subject to tax rates other than the current

state and local tax rates. This must be reported separately for

each municipality or county.

Line 16b - This is the total amount of tax due that is not

subject to the current tax rate.

From Line 16a, determine the net gross charges that are

subject to tax and multiply this amount by the appropriate tax

rate and write the total on Line 16b.

If you have multiple rates to report - From Line 16a, deter-

mine the net gross charges that are subject to tax at each of

the multiple rates. Multiply each amount by the appropriate tax

rate and add the sum of all tax and write the total on Line 16b.

Note: If you need assistance in determining the correct rate,

Line 17 - Add the amounts on Line 15b and Line 16b. This is

your total tax due. This must be reported separately for each

municipality or county.

Line 18 - Total amount of Line 17 that represents tax paid to

another state. This must be reported separately for each

municipality or county.

Step 3: Total all pages

Line 15a through Line 18 - For each page total line, Line 15a

through Line 18, add the amounts you wrote on the corre-

sponding line for each municipality or county. Write the sum on

the page total line at the bottom of each page ( i.e., add all of

the amounts you wrote on Line 15a and write the sum on

Line 15a page total line).

If you have more than one page of Form RT-2-M, complete the

page totals for each page. The combined Form RT-2-M page

totals for each line number must be transferred to the corre-

sponding line of your Form RT-2 ( i.e., the amount of the

combined Form RT-2-M page totals for Line 15a must be

transferred to and be equal to the amount on Line 15a of your

Form RT-2).

This form is authorized as outlined by the Telecommunications Excise Tax Act and Simplified Municipal Telecommunications Tax Act. Disclosure of this information

RT-2-M (N-12/02)

is REQUIRED. Failure to provide information could result in a fine. This form has been approved by the Forms Management Center.

IL-492-4298

Schedule Rt-2-M Instructions

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