Form EZ-1 Certificate of Exempt Purchase for Building Materials - Illinois

What Is Form EZ-1?

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 the Form EZ-1?
A: Form EZ-1 is the Certificate of Exempt Purchase for Building Materials in Illinois.

Q: Who needs to fill out Form EZ-1?
A: Anyone who is purchasing building materials in Illinois and is claiming an exemption from sales tax needs to fill out Form EZ-1.

Q: What is the purpose of Form EZ-1?
A: The purpose of Form EZ-1 is to certify that the purchaser is eligible for an exemption from sales tax on building materials.

Q: What information do I need to fill out Form EZ-1?
A: You will need to provide your name, address, and taxpayer identification number, as well as the seller's information and a description of the building materials being purchased.

Q: When do I need to submit Form EZ-1?
A: Form EZ-1 should be completed at the time of purchase and given to the seller before the transaction is completed.

Q: Do I need to keep a copy of Form EZ-1?
A: Yes, you should keep a copy of Form EZ-1 for your records in case of an audit or future verification.

Q: Are there any penalties for incorrect or fraudulent use of Form EZ-1?
A: Yes, there can be penalties for providing false information or using Form EZ-1 improperly. It is important to fill out the form accurately and only claim exemptions for eligible purchases.

Q: Can I use Form EZ-1 for purchases outside of Illinois?
A: No, Form EZ-1 is specifically for exempt purchases of building materials in Illinois. If you are making purchases in other states, you will need to follow their respective tax exemption processes.