This is a legal form that was released by the Illinois Department of Revenue - a government authority operating within Illinois. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form MC-1-V?
A: Form MC-1-V is the payment voucher for the Medical Cannabis Cultivation Privilege Tax in Illinois.
Q: Who needs to use Form MC-1-V?
A: Medical cannabis cultivators in Illinois who are required to pay the Cultivation Privilege Tax.
Q: What is the purpose of the Cultivation Privilege Tax?
A: The Cultivation Privilege Tax is imposed on the privilege of cultivating medical cannabis in Illinois.
Q: How do I complete Form MC-1-V?
A: You must enter your personal information, the amount of tax due, and attach payment to the form.
Q: When is Form MC-1-V due?
A: Form MC-1-V and payment are due on a monthly basis, by the 20th day of the following month.
Q: What happens if I don't submit Form MC-1-V on time?
A: Late payments may incur penalties and interest.
Form Details:
Download a fillable version of Form MC-1-V by clicking the link below or browse more documents and templates provided by the Illinois Department of Revenue.