This document contains official instructions for Form PT-12 , Expenditures of Pull Tab Funds - a form released and collected by the Illinois Department of Revenue. An up-to-date fillable Form PT-12 is available for download through this link.
Q: What is Form PT-12?
A: Form PT-12 is a document used in Illinois to report expenditures of pull tab funds.
Q: Who needs to file Form PT-12?
A: Organizations in Illinois that use pull tab funds must file Form PT-12.
Q: What are pull tab funds?
A: Pull tab funds are proceeds generated from the sale of pull tab tickets, which are a type of gambling ticket.
Q: Why is Form PT-12 important?
A: Form PT-12 is important for organizations to report how they have used the pull tab funds and ensure compliance with regulations.
Q: When should Form PT-12 be filed?
A: Form PT-12 must be filed quarterly within 30 days after the end of the reporting period.
Q: Are there any penalties for not filing Form PT-12?
A: Yes, failure to file Form PT-12 or filing it late may result in penalties or enforcement actions.
Q: What information is required in Form PT-12?
A: Form PT-12 requires information such as total revenues, itemized expenditures, and the purpose of each expenditure made with pull tab funds.
Q: Is there a fee for filing Form PT-12?
A: No, there is no fee associated with filing Form PT-12.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the Illinois Department of Revenue.