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To determine the amount of tax due, refer to the RUT-25, RUT-25-LSE, or RUT-50 instructions below. These forms are available at the offices of the Illinois Secretary of State, the Illinois Department of Transportation, or the Illinois Department of Natural Resources.
You must file Form RUT-50, Private Party Vehicle Use Tax Transaction, if you purchased or acquired by gift or transfer a motor vehicle from a private party.
Make your check payable to “Illinois Department of Revenue.” This form is authorized by the Vehicle Use Tax Act. Disclosure of this information is REQUIRED.
Fill out the Illinois RUT-50 Vehicle Use Tax Transaction Return online for free. Download as a PDF or fill out the form and save it as a ready-to-print PDF.
Illinois Form RUT-50 is a tax form that must be completed when a private party purchases a vehicle. The form calculates the amount of Private Party Vehicle Use Tax that must be paid based on the vehicle’s purchase price.
Complete IL RUT-50 Instructions 2021-2024 online with US Legal Forms. Easily fill out PDF blank, edit, and sign them. Save or instantly send your ready documents.
3 sty 2022 · The Illinois Department of Revenue Dec. 1, 2021 released revised instructions for Form RUT-50, Private Party Vehicle Use Tax Transaction, for sales and use tax and excise tax purposes.
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