Instructions for Schedule MC-2 Medical Cannabis Sales - Illinois

Instructions for Schedule MC-2 Medical Cannabis Sales - Illinois

This document contains official instructions for Schedule MC-2 , Medical Cannabis Sales - a form released and collected by the Illinois Department of Revenue.

FAQ

Q: What is Schedule MC-2?
A: Schedule MC-2 is a form used for reporting medical cannabis sales in Illinois.

Q: Who needs to fill out Schedule MC-2?
A: Medical dispensaries and alternative treatment centers in Illinois need to fill out Schedule MC-2.

Q: What information needs to be included in Schedule MC-2?
A: Schedule MC-2 requires information such as the date of sale, unique identifier for the patient, amount of cannabis sold, and total price.

Q: When is Schedule MC-2 due?
A: Schedule MC-2 must be filed on a monthly basis and is due on the 15th of the following month.

Q: Are there any penalties for not submitting Schedule MC-2?
A: Yes, failure to file Schedule MC-2 or late filing can result in penalties, including fines.

Q: Is Schedule MC-2 required for recreational cannabis sales?
A: No, Schedule MC-2 is only required for reporting medical cannabis sales, not recreational sales.

Q: Are there any exemptions to filing Schedule MC-2?
A: Yes, if a medical dispensary or alternative treatment center did not make any sales during a particular month, they are exempt from filing Schedule MC-2 for that month.

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Instruction Details:

  • This 2-page document is available for download in PDF;
  • Actual and applicable for the current year;
  • Complete, printable, and free.

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.

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