Form IL-990-T-V Payment Voucher for Exempt Organization Income and Replacement Tax - Illinois

What Is Form IL-990-T-V?

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.

FAQ

Q: What is Form IL-990-T-V?
A: Form IL-990-T-V is a payment voucher for exempt organization income and replacement tax in Illinois.

Q: Who needs to use Form IL-990-T-V?
A: Exempt organizations in Illinois who have to pay income and replacement taxes need to use Form IL-990-T-V.

Q: What is the purpose of Form IL-990-T-V?
A: The purpose of Form IL-990-T-V is to make a payment for exempt organization income and replacement tax in Illinois.

Q: When is Form IL-990-T-V due?
A: Form IL-990-T-V is typically due on the 15th day of the 5th month after the close of the tax year.

Q: Is there a penalty for not filing Form IL-990-T-V?
A: Yes, there may be penalties for not filing Form IL-990-T-V or for late payment of the tax owed.

Q: What information is required on Form IL-990-T-V?
A: Form IL-990-T-V requires information such as the organization's name, address, tax year, and the amount of tax being paid.