This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form RUT-25 for the current year.
This document contains official instructions for Form RUT-25 , Vehicle Use Tax Transaction Return - a form released and collected by the Illinois Department of Revenue.
Q: What is Form RUT-25?
A: Form RUT-25 is the Vehicle Use Tax Transaction Return.
Q: Who needs to file Form RUT-25?
A: Anyone in Illinois who purchases a motor vehicle, watercraft, or aircraft from a private party needs to file Form RUT-25.
Q: What is the purpose of Form RUT-25?
A: Form RUT-25 is used to report and pay the use tax on vehicles, watercraft, and aircraft purchased from a private party.
Q: When should Form RUT-25 be filed?
A: Form RUT-25 must be filed within 30 days of the purchase date.
Q: What information is required on Form RUT-25?
A: Some of the information required on Form RUT-25 includes the vehicle's identification number, purchase price, and seller's information.
Q: How is the use tax calculated on Form RUT-25?
A: The use tax is calculated based on the purchase price of the vehicle, watercraft, or aircraft.
Q: Are there any exemptions to filing Form RUT-25?
A: Yes, there are certain exemptions to filing Form RUT-25, such as purchases made from a licensed dealer or purchases that are exempt from use tax.
Q: What happens if I don't file Form RUT-25?
A: Failure to file Form RUT-25 and pay the use tax can result in penalties and interest.
Instruction Details:
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