PDF
Word
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 the Transaction Return for Leases form in Illinois.
Q: Who needs to file Form ST-556-LSE?A: Businesses that lease or rent vehicles, watercraft, or aircraft in Illinois need to file Form ST-556-LSE.
Q: What is the purpose of filing Form ST-556-LSE?A: The purpose of filing Form ST-556-LSE is to report and pay the Use Tax on leased or rented vehicles, watercraft, or aircraft in Illinois.
Q: What information is required on Form ST-556-LSE?A: Form ST-556-LSE requires information about the lessor, lessee, lease terms, and the leased or rented property.
Q: When is Form ST-556-LSE due?A: Form ST-556-LSE is due by the 20th day of the month following the end of the reporting period.
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. The penalty is $100 for each month or part of a month the return is late, up to a maximum of $1,000.
Instruction Details:
- This 4-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.
1
2
3
4
