Instructions for Form ST-556-LSE Transaction Return for Leases - Illinois

Notification Icon This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form ST-556-LSE for the current year.

Instructions for Form ST-556-LSE Transaction Return for Leases - Illinois

This document contains official instructions for Form ST-556-LSE , Transaction Return for Leases - a form released and collected by the Illinois Department of Revenue.

FAQ

Q: What is Form ST-556-LSE?A: Form ST-556-LSE is a transaction return form used for reporting leases in Illinois.

Q: Who should file Form ST-556-LSE?A: Anyone who leases tangible personal property in Illinois should file Form ST-556-LSE.

Q: What information is required on Form ST-556-LSE?A: Form ST-556-LSE requires information such as the lessor and lessee details, lease start and end dates, and the total lease amount.

Q: When should Form ST-556-LSE be filed?A: Form ST-556-LSE should be filed within 20 calendar days after the lease commences or within 20 calendar days after the total lease amount exceeds $10,000, whichever occurs first.

Q: Are there any penalties for late filing of Form ST-556-LSE?A: Yes, there are penalties for late filing of Form ST-556-LSE, ranging from $100 to $500 depending on the length of delay.

ADVERTISEMENT

Instruction Details:

  • This 3-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.

Download Instructions for Form ST-556-LSE Transaction Return for Leases - Illinois

4.6 of 5 (15 votes)
  • Instructions for Form ST-556-LSE Transaction Return for Leases - Illinois

    1

  • Instructions for Form ST-556-LSE Transaction Return for Leases - Illinois, Page 2

    2

  • Instructions for Form ST-556-LSE Transaction Return for Leases - Illinois, Page 3

    3

  • Instructions for Form ST-556-LSE Transaction Return for Leases - Illinois, Page 1
  • Instructions for Form ST-556-LSE Transaction Return for Leases - Illinois, Page 2
  • Instructions for Form ST-556-LSE Transaction Return for Leases - Illinois, Page 3
Prev 1 2 3 Next
ADVERTISEMENT