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