Instructions for Form ST-244 Rental Purchase Agreement Use Tax Return - Illinois

This document contains official instructions for Form ST-244 , Rental Purchase Agreement Use Tax Return - a form released and collected by the Illinois Department of Revenue.

FAQ

Q: What is Form ST-244?
A: Form ST-244 is the Rental Purchase Agreement Use Tax Return for the state of Illinois.

Q: Who needs to file Form ST-244?
A: Anyone engaged in the rental or lease of property in Illinois and who collects rental taxes needs to file Form ST-244.

Q: What is the purpose of Form ST-244?
A: The purpose of Form ST-244 is to report and remit rental taxes collected on rental or lease agreements in Illinois.

Q: When is Form ST-244 due?
A: Form ST-244 is due on or before the 20th day of the month following the end of the reporting period.

Q: What information do I need to complete Form ST-244?
A: You will need to provide your business information, rental or lease agreement details, and the amount of rental taxes collected.

Q: Are there any penalties for late filing of Form ST-244?
A: Yes, there are penalties for late filing of Form ST-244. It is important to file the return and remit the taxes on time to avoid penalties and interest charges.

Q: Do I need to attach any documents to Form ST-244?
A: You may be required to attach copies of rental or lease agreements to Form ST-244. Check the instructions for the form to determine if any attachments are necessary.