Form ST-16 Annual Report of Manufacturer's Purchase Credit Earned - Illinois

Form st-16 is a Illinois Department of Revenue form also known as the "Annual Report Of Manufacturer's Purchase Credit Earned". The latest edition of the form was released in September 1, 2014 and is available for digital filing.

Download a fillable PDF version of the Form st-16 down below or find it on Illinois Department of Revenue Forms website.

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Use your 'Mouse' or the 'Tab key' to move through the fields and 'Mouse' or 'Space bar' to enable the checkboxes.
Illinois Department of Revenue
ST-16
Annual Report of Manufacturer’s
03
063 Station 267
REV
Form
Purchase Credit Earned
E S _____/_____/_____
NS CA
Step 1: Identify your business
1
4
Business name
_____________________________________
Illinois account ID number __ __ __ __ - __ __ __ __
If you do not have an account ID number, check this box
and
write your federal employer identification number (FEIN).
2
Business address _____________________________________
__ __ - __ __ __ __ __ __ __
Street address
5
__________________________________________________
Write the purchase year: January through December
__ __ __ __
__
City
State
ZIP
Year
This report is due by June 30 of the following year.
3
Business phone number (______)________________________
Step 2: Identify tax-exempt purchases of manufacturing or graphic arts
machinery and equipment
(Do not round your figures.)
Note: After August 30, 2014, you can no longer earn Manufacturer’s Purchase Credit on purchases of tax-exempt manufacturing or graphic arts
machinery and equipment. Your final report for Manufacturer’s Purchase Credit earned in 2014 on or before that date is due by June 30, 2015.
A
B
C
Month of exempt
Purchase price
Tax that would
Amount of
purchase
of exempt items
State tax rate
have been due
Percentage
credit earned
1
January
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
2
February
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
3
March
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
4
April
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
5
May
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
6
June
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
7
July
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
8
August
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
9
September
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
10
October
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
11
November
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
12
December
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
Total
$
Total
$
___________________
___________________
(Column A)
(Column C)
Step 3: Sign below
Under penalties of perjury, I state that I have examined this form and, to the best of my knowledge, it is true, correct, and complete.
__ __ /__ __ / __ __ __ __
______________________________________________________________(____)________________
Taxpayer’s signature
Daytime phone number
Date
__ __ /__ __ / __ __ __ __
______________________________________________________________(____)________________
Preparer’s signature
Preparer’s name (Please print.)
Daytime phone number
Date
This form is authorized as outlined under the tax or fee Act imposing the tax or fee for which this form is filed. Disclosure of this
information is required. Failure to provide information may result in this form not being processed and may result in a penalty.
ST-16 (R-09/14)
Reset
Print
Use your 'Mouse' or the 'Tab key' to move through the fields and 'Mouse' or 'Space bar' to enable the checkboxes.
Illinois Department of Revenue
ST-16
Annual Report of Manufacturer’s
03
063 Station 267
REV
Form
Purchase Credit Earned
E S _____/_____/_____
NS CA
Step 1: Identify your business
1
4
Business name
_____________________________________
Illinois account ID number __ __ __ __ - __ __ __ __
If you do not have an account ID number, check this box
and
write your federal employer identification number (FEIN).
2
Business address _____________________________________
__ __ - __ __ __ __ __ __ __
Street address
5
__________________________________________________
Write the purchase year: January through December
__ __ __ __
__
City
State
ZIP
Year
This report is due by June 30 of the following year.
3
Business phone number (______)________________________
Step 2: Identify tax-exempt purchases of manufacturing or graphic arts
machinery and equipment
(Do not round your figures.)
Note: After August 30, 2014, you can no longer earn Manufacturer’s Purchase Credit on purchases of tax-exempt manufacturing or graphic arts
machinery and equipment. Your final report for Manufacturer’s Purchase Credit earned in 2014 on or before that date is due by June 30, 2015.
A
B
C
Month of exempt
Purchase price
Tax that would
Amount of
purchase
of exempt items
State tax rate
have been due
Percentage
credit earned
1
January
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
2
February
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
3
March
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
4
April
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
5
May
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
6
June
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
7
July
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
8
August
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
9
September
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
10
October
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
11
November
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
12
December
$ ___________________ X
.0625
= $ ___________________ X
.50
= $ ___________________
Total
$
Total
$
___________________
___________________
(Column A)
(Column C)
Step 3: Sign below
Under penalties of perjury, I state that I have examined this form and, to the best of my knowledge, it is true, correct, and complete.
__ __ /__ __ / __ __ __ __
______________________________________________________________(____)________________
Taxpayer’s signature
Daytime phone number
Date
__ __ /__ __ / __ __ __ __
______________________________________________________________(____)________________
Preparer’s signature
Preparer’s name (Please print.)
Daytime phone number
Date
This form is authorized as outlined under the tax or fee Act imposing the tax or fee for which this form is filed. Disclosure of this
information is required. Failure to provide information may result in this form not being processed and may result in a penalty.
ST-16 (R-09/14)
Reset
Print
General Information
What is the Manufacturer’s Purchase Credit?
If you create your own certification, that certification must be
dated and include
If you make tax-exempt purchases of manufacturing or graphic
arts machinery and equipment, you are eligible to receive a
your name and address,
credit. This credit, called the Manufacturer’s Purchase Credit
the purchase date,
(MPC), can be applied against state sales or use tax on future
your Illinois account ID number,
purchases of production-related tangible personal property
the MPC you are applying, and
(including purchases by a manufacturer, graphic arts producer,
a statement that you are satisfying all or part of the Illinois Use
or lessor who rents or leases the use of the property to a
Tax or Service Use Tax liability (not to exceed 6.25 percent of
manufacturer or graphic arts producer). This production-related
the purchase price) with your accumulated MPC.
tangible personal property includes items related to research and
You may incorporate your own certification into your purchase
development.
order or you may use Form ST-16-C. If you use Form ST-16-C,
Note: After August 30, 2014, you can no longer earn
you must keep the bottom portion of the certificate and provide
Manufacturer’s Purchase Credit on purchases of tax-exempt
the top portion to the seller. The seller then reduces the amount
manufacturing or graphic arts machinery and equipment. Your
of Illinois Sales or Use Tax due up to 6.25 percent. You use your
final report for Manufacturer’s Purchase Credit earned in 2014 on
portion of Form ST-16-C to complete Form ST-17, Annual Report
or before that date is due by June 30, 2015.
of Manufacturer’s Purchase Credit Used.
How do I earn and report the credit?
You may also use the MPC to satisfy use or service use tax
liability that you owe on purchases of production-related tangible
To earn and report this credit, you must complete and file
personal property from suppliers not registered in Illinois.
Form ST-16, Annual Report of Manufacturer’s Purchase Credit
However, you must write the total amount of MPC you are using
Earned, no later than June 30 of the year following the calendar
on Line 16a of your Form ST-1, Sales and Use Tax Return. You
year in which you made the original purchase of exempt
must also complete Form ST-17.
manufacturing or graphic arts machinery and equipment. If you
do not file within this period, you forfeit the credit.
Note: You may not transfer the credit to another party.
All unused Manufacturer’s Purchase Credit expires the last day of
Where can I get help?
the second calendar year following the year in which you made
You may get help by visiting our website at
the purchase.
tax.illinois.gov or calling weekdays between 8 a.m. and 5 p.m. at
How do I use this credit?
1 800 732-8866 or 217 782-3336. Call 1 800 544-5304, our TDD
(telecommunications device for the deaf).
When you purchase any production-related tangible personal
property, you must certify to your supplier that you have MPC
available to satisfy all or part of your state use or service use tax
liability. You may use Form ST-16-C, Manufacturer’s Purchase
Credit Certificate, or equivalent certification.
Specific Instructions
Step 1: Identify your business
Column B - Multiply the amount in Column A by 6.25 percent
Lines 1, 2, and 3 - Write your business name, address, and
(.0625) and write the result. This is the amount of tax that would
telephone number.
have been due if the item you purchased had not been exempt.
Line 4 - Write your Illinois account ID number. If you do not have
Column C - Multiply the amount in Column B by 50 percent (.50)
an account ID number, check the box and write your FEIN in the
and write the result. This is the amount of MPC earned for the
space provided.
purchases reported in Column A.
Line 5 - Write the year for which exempt purchases were made.
Totals - Add Lines 1 through 12 in Column A, and write the result
This report is due by June 30 of the year following the calendar
on the total line. Add Lines 1 through 12 in Column C, and write
year in which you made the purchases. For example, the report
the result on the total line.
for purchase year 2014 is due on or before June 30, 2015.
Step 3: Sign below
Step 2: Identify exempt purchases
(Do not round
Sign your name, and write your telephone number and the date
your figures.)
on the lines provided. If this form is completed by a paid tax
preparer, the preparer must also sign the appropriate line and
If you do not complete each column for each applicable line, we
complete the requested information. Mail this form to:
will reduce or deny your credit.
SALES TAX PROCESSING DIVISION
Column A - Write the total purchase price of all exempt
ILLINOIS DEPARTMENT OF REVENUE
manufacturing machinery and equipment or graphic arts machinery
PO BOX 19034
and equipment you purchased for each month listed. This is the
SPRINGFIELD IL 62794-9034
amount that would have been taxable if it had not been for the
manufacturing or graphic arts machinery and equipment exemption.
If you did not make a purchase, write “$0”.
ST-16 (R-09/14)

Download Form ST-16 Annual Report of Manufacturer's Purchase Credit Earned - Illinois

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