This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form TP-1 for the current year.
This document contains official instructions for Form TP-1 , Tobacco Products Tax Return - a form released and collected by the Illinois Department of Revenue.
Q: What is Form TP-1?
A: Form TP-1 is the Tobacco Products Tax Return.
Q: Who needs to file Form TP-1?
A: Anyone engaged in the business of selling tobacco products in Illinois needs to file Form TP-1.
Q: What is the purpose of Form TP-1?
A: Form TP-1 is used to report and pay the tobacco products tax in Illinois.
Q: What information is required on Form TP-1?
A: Form TP-1 requires information such as total sales of tobacco products, total tax due, and any other relevant details.
Q: When is Form TP-1 due?
A: Form TP-1 is due on the 20th day of each month for the previous month's sales.
Q: Are there any penalties for late or incorrect filing of Form TP-1?
A: Yes, there are penalties for late or incorrect filing of Form TP-1, including interest charges and penalties for non-compliance.
Q: Is there a minimum amount of tobacco products sales for filing Form TP-1?
A: No, there is no minimum sales requirement for filing Form TP-1. All tobacco products sales need to be reported.
Q: Are there any exemptions or deductions available on Form TP-1?
A: Yes, there may be exemptions or deductions available on Form TP-1. It is recommended to consult the instructions or a tax professional for specific details.
Instruction Details:
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