This document contains official instructions for Schedule CD-2 , Sales and Multiple Site Form for Cannabis Dispensaries - a form released and collected by the Illinois Department of Revenue.
Q: What is Schedule CD-2?
A: Schedule CD-2 is a form used for reporting sales and use tax for cannabis dispensaries in Illinois.
Q: Who needs to file Schedule CD-2?
A: Cannabis dispensaries in Illinois need to file Schedule CD-2.
Q: What is the purpose of Schedule CD-2?
A: The purpose of Schedule CD-2 is to report sales and use tax for cannabis dispensaries in Illinois with multiple locations.
Q: How do I complete Schedule CD-2?
A: You need to provide the required information about your cannabis dispensary locations and sales transactions.
Q: What information do I need to provide on Schedule CD-2?
A: You need to provide the location codes, tax periods, gross receipts, and tax due for each of your dispensary locations.
Q: When is the deadline for filing Schedule CD-2?
A: The deadline for filing Schedule CD-2 is usually the same as the regular sales and use tax returnfiling deadline, which is the 20th day of the month following the reporting period.
Q: What happens if I don't file Schedule CD-2?
A: Failure to file Schedule CD-2 or the timely payment of the tax due may result in penalties and interest.
Q: What should I do if I have additional questions about Schedule CD-2?
A: If you have additional questions about Schedule CD-2, you should contact the Illinois Department of Revenue for assistance.
Instruction Details:
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