Instructions for Form Rcg-18 - Charitable Games Tax Return

ADVERTISEMENT
Form RCG-18 General Information
When must I file this form?
What if I fail to file my return or pay the amount I
Form RCG-18, Charitable Games Tax Return, and your payment for
owe?
tax due must be postmarked no later than 30 days after the date of
You owe a late-filing penalty if you do not file a processable return
your charitable games event.
by the due date, a late-payment penalty if you do not pay the tax
you owe by the date the tax is due, and a bad check penalty if
Can I file this return and pay the tax due
your remittance is not honored by your financial institution. Interest
electronically?
is calculated on tax from the day after the original due date of your
Yes, you can use MyTax Illinois on our website at tax.illinois.gov
return through the date you pay the tax.We will bill you for penalties
to file your Form RCG-18. MyTax Illinois also allows for electronic
and interest. For more information about penalties and interest, see
payment of any tax due.
Publication 103, Penalties and Interest for Illinois Taxes, which is
available on our website at tax.illinois.gov.
How do I calculate my tax due?
Follow the step-by-step instructions at the bottom of the page to
What if I have questions?
calculate your tax due. Charitable Games Tax is calculated from your
If you have questions about your
event’s net proceeds. “Net proceeds” means all money received, plus
● return, call 217 782-5906
the fair market value of any property received, from the sale of chips,
● license, call 217 785-5864
scrip, or play money, plus any fee or donation charged for admission
or entry into the event, minus all money, including the cost to the
weekdays between 8 a.m. and 4:30 p.m.
organization of any noncash prize, paid out to participants to redeem
Where do I send this form?
chips, scrip, or play money at the conclusion of the event or when the
participant leaves.
Mail your return and your payment to:
Any fee or donation charged for admission or entry into a charitable
CHARITABLE GAMES TAX
ILLINOIS DEPARTMENT OF REVENUE
games event includes the amount paid to a sponsoring organization
PO BOX 19019
for hosting a charitable games event that is not open to the public
SPRINGFIELD IL 62794-9019
(e.g., a “casino night” party that is hosted only for a corporation and
its clients). If food and beverages are included in the admission fee,
you must pay tax on the entire admission fee.
Specific Instructions
Step 1: Figure your tax
Line 6. Add Lines 4 and 5. This is your total redemptions.
Line 1. Enter the total amount of all money received from the sale
Line 7. Subtract Line 6 from Line 3. This is your net proceeds.
of chips, scrip, or play money at your charitable games event. You
Line 8. Multiply Line 7 by 5% (.05). This is your charitable games tax
must file a separate tax return for each charitable games event you
due.
conduct. Do not combine your events onto a single return.
Line 9. Enter the amount of credit you wish to apply toward your tax.
Note: If you received any property in lieu of money for the sale of
Line 10. Subtract Line 9 from Line 8. Pay this amount.
chips, scrip, or play money at your charitable games event, include in
your total the value of all property received.
Step 2: Sign below
Line 2. Enter the total amount of all fees charged or donations
We cannot process this form until it is signed by an officer of the
accepted for admission or entry into your charitable games event.
organization sponsoring the charitable games event.
Line 3. Add Lines 1 and 2. This is your gross proceeds.
Line 4. Enter the total amount of all money paid out to participants to
redeem chips, scrip, or play money at the conclusion of the event.
Line 5. If you offered out any noncash prize to participants in lieu of
money to redeem chips, scrip, or play money at the conclusion of
the event or when the participant leaves, enter the total cost to the
organization of all noncash prizes offered.
RCG-18 (R-06/15)
Form RCG-18 General Information
When must I file this form?
What if I fail to file my return or pay the amount I
Form RCG-18, Charitable Games Tax Return, and your payment for
owe?
tax due must be postmarked no later than 30 days after the date of
You owe a late-filing penalty if you do not file a processable return
your charitable games event.
by the due date, a late-payment penalty if you do not pay the tax
you owe by the date the tax is due, and a bad check penalty if
Can I file this return and pay the tax due
your remittance is not honored by your financial institution. Interest
electronically?
is calculated on tax from the day after the original due date of your
Yes, you can use MyTax Illinois on our website at tax.illinois.gov
return through the date you pay the tax.We will bill you for penalties
to file your Form RCG-18. MyTax Illinois also allows for electronic
and interest. For more information about penalties and interest, see
payment of any tax due.
Publication 103, Penalties and Interest for Illinois Taxes, which is
available on our website at tax.illinois.gov.
How do I calculate my tax due?
Follow the step-by-step instructions at the bottom of the page to
What if I have questions?
calculate your tax due. Charitable Games Tax is calculated from your
If you have questions about your
event’s net proceeds. “Net proceeds” means all money received, plus
● return, call 217 782-5906
the fair market value of any property received, from the sale of chips,
● license, call 217 785-5864
scrip, or play money, plus any fee or donation charged for admission
or entry into the event, minus all money, including the cost to the
weekdays between 8 a.m. and 4:30 p.m.
organization of any noncash prize, paid out to participants to redeem
Where do I send this form?
chips, scrip, or play money at the conclusion of the event or when the
participant leaves.
Mail your return and your payment to:
Any fee or donation charged for admission or entry into a charitable
CHARITABLE GAMES TAX
ILLINOIS DEPARTMENT OF REVENUE
games event includes the amount paid to a sponsoring organization
PO BOX 19019
for hosting a charitable games event that is not open to the public
SPRINGFIELD IL 62794-9019
(e.g., a “casino night” party that is hosted only for a corporation and
its clients). If food and beverages are included in the admission fee,
you must pay tax on the entire admission fee.
Specific Instructions
Step 1: Figure your tax
Line 6. Add Lines 4 and 5. This is your total redemptions.
Line 1. Enter the total amount of all money received from the sale
Line 7. Subtract Line 6 from Line 3. This is your net proceeds.
of chips, scrip, or play money at your charitable games event. You
Line 8. Multiply Line 7 by 5% (.05). This is your charitable games tax
must file a separate tax return for each charitable games event you
due.
conduct. Do not combine your events onto a single return.
Line 9. Enter the amount of credit you wish to apply toward your tax.
Note: If you received any property in lieu of money for the sale of
Line 10. Subtract Line 9 from Line 8. Pay this amount.
chips, scrip, or play money at your charitable games event, include in
your total the value of all property received.
Step 2: Sign below
Line 2. Enter the total amount of all fees charged or donations
We cannot process this form until it is signed by an officer of the
accepted for admission or entry into your charitable games event.
organization sponsoring the charitable games event.
Line 3. Add Lines 1 and 2. This is your gross proceeds.
Line 4. Enter the total amount of all money paid out to participants to
redeem chips, scrip, or play money at the conclusion of the event.
Line 5. If you offered out any noncash prize to participants in lieu of
money to redeem chips, scrip, or play money at the conclusion of
the event or when the participant leaves, enter the total cost to the
organization of all noncash prizes offered.
RCG-18 (R-06/15)

Download Instructions for Form Rcg-18 - Charitable Games Tax Return

449 times
Rate
4.7(4.7 / 5) 31 votes
ADVERTISEMENT