Form St-556 - Instructions For Sales From Illinois Locations printable pdf download

Illinois Department of Revenue

ST-556 Instructions for Sales from Illinois Locations

General Information

Who must ﬁ le Form ST-556?

You can also obtain related forms, which are not preprinted, by

If you sell items that must be titled or registered by an agency of

• visiting our web site at tax.illinois.gov

Illinois state government — vehicles, watercraft, aircraft, trailers,

• calling our 24-hour Forms Order Line at 1 800 356-6302

and mobile homes — at retail in Illinois, you must report these

• writing to

sales on Form ST-556, Sales Tax Transaction Return.

ILLINOIS DEPARTMENT OF REVENUE

PO BOX 19010

Note: If you are an out-of-state lessor selling such items at the

SPRINGFIELD IL 62794-9010

end of a lease, please use the instructions for out-of-state lessors

(ST-556[2]).

You can get help by

• visiting our web site at tax.illinois.gov

Must I keep forms that are void?

• calling our Taxpayer Assistance Division at 1 800 732-8866

Yes. Write “Void” across the form; keep it with your records for 42

or 217 782-3336

months in case of an audit. Do not send any part of the form to us.

• calling our TDD (telecommunications device for the deaf) at

How do I obtain forms and get help?

1 800 544-5304

Form ST-556 is preprinted for each of your business locations.

• writing to

You can obtain Form ST-556 by calling our Central Registration

ILLINOIS DEPARTMENT OF REVENUE

Division at 217 785-3707.

PO BOX 19015

SPRINGFIELD IL 62794-9015

Speciﬁ c Instructions

1 Write the buyer’s name and address

If you claimed a qualiﬁ ed trade-in, write the type of item traded in

(for example, automobile, truck, airplane, boat, trailer). Next, write

The buyer’s name and address must be the same as the name

the appropriate identiﬁ cation number, year, make, body style, and

that will be written on the application for title or registration. If

model of the trade-in.

there is more than one buyer, be sure to write each name.

What is a qualiﬁ ed trade-in?

2 Describe the item sold

A qualiﬁ ed trade-in is an item

Note: If you sold more than one type of item — a watercraft and a

• that the buyer gives you to reduce the selling price (in part or

trailer, for example — or more than one item of the same type —

in full) of the item sold;

three motor vehicles, for example — you must generally complete

• that you are allowed to subtract from the total price; and

a separate Form ST-556 for each item sold. If, however, you wish

• that you are in the business of selling.

to report sales for resale or sales for use as rolling stock of

more than one of the same type of vehicle, watercraft, aircraft,

You are “in the business of selling” a particular kind of item if you

trailer, or mobile home to the same buyer with the same date of

hold yourself out to the public as being engaged in (or habitually

delivery, you may ﬁ le Form ST-556-R, Resale and Rolling Stock

engage in) selling such items.

Fleet Exemption Schedule, attached to a single Form ST-556.

Example: You may claim the trade-in of a boat on an auto if you

Check the correct box (A-F) to show the type of item sold. If the

are in the business of selling both boats and autos.

type of item sold is not identiﬁ ed in boxes A-E, check box F and

However, you may not claim the trade-in of a boat on an auto if

write the type of item sold on the line provided.

you are in the business of selling only autos.

Check the correct box to show whether the item sold is new or

5 Exempt or sale to a nonresident

used.

If the sale is to an Illinois resident and taxable, skip this section

Next, write the appropriate identiﬁ cation number for the item

and go to Section 6.

sold, such as a vehicle identiﬁ cation number (VIN) for vehicles,

If the sale is exempt, check the correct box (A-F), and complete

trailers, and mobile homes, a hull identiﬁ cation number (HIN) for

Section 6, Lines 1 and 2.

watercraft, or (N) number for aircraft.

If the sale is to a nonresident who is subject to tax (non-reciprocal

Finally, write the year, make, body style, and model of the item sold.

buyer), complete box A as instructed below and complete all of

3 Write the date of delivery

Section 6.

Write the month, day, and year in which the buyer took possession

If you are not required to submit title or registration paperwork on

of the item. If the buyer has been leasing the item and, therefore,

the item, send the return directly to us at Illinois Department of

already has possession of it, write the date you applied for a

Revenue, Retailers’ Occupation Tax, P.O. Box 19042, Springﬁ eld,

change in the title.

IL 62794-9042.

Note: This return is due no later than 20 days after the date of

A. Sold to a nonresident buyer

(NOT an out-of-state dealer)

delivery.

Check this box if you sold a vehicle or trailer to a nonresident buyer

(not an out-of-state dealer) who took possession of the item in

4 Describe the trade-in, if any

Illinois and

If you did not claim a qualiﬁ ed trade-in, skip this section and go to

• you issued a drive-away permit for the item sold; or

Section 5.

• the buyer transferred out-of-state license plates to the item

sold.

ST-556 (1) (R-9/10)

Page 1

Form St-556 - Instructions For Sales From Illinois Locations

Related Articles

Related forms

Related Categories