Instructions for Form RUT-25 Vehicle Use Tax Transaction Return - Illinois

This document contains official instructions for Form RUT-25 , Vehicle Use Tax Transaction Return - a form released and collected by the Illinois Department of Revenue.

FAQ

Q: What is Form RUT-25?A: Form RUT-25 is a Vehicle UseTax Transaction Return in Illinois.

Q: What is the purpose of Form RUT-25?A: The purpose of Form RUT-25 is to report and pay the vehicle use tax in Illinois.

Q: Who needs to file Form RUT-25?A: Anyone who purchases a vehicle in Illinois or brings a vehicle into Illinois is required to file Form RUT-25.

Q: When should Form RUT-25 be filed?A: Form RUT-25 should be filed within 30 days of purchasing or bringing a vehicle into Illinois.

Q: What information is required on Form RUT-25?A: Form RUT-25 requires information such as the vehicle identification number (VIN), purchase date, purchase price, and the name and address of the buyer and seller.

Q: How is the vehicle use tax calculated?A: The vehicle use tax is calculated based on the purchase price of the vehicle.

Q: Are there any exemptions from the vehicle use tax?A: Yes, there are certain exemptions from the vehicle use tax, such as transfers between immediate family members or transfers as part of a divorce settlement.

Q: What happens if I fail to file Form RUT-25?A: Failure to file Form RUT-25 or pay the vehicle use tax may result in penalties and interest.