Get Itr 1 Illinois Form

Get Itr 1 Illinois Form

The ITR-1 Illinois form is a request for tax clearance issued by the Illinois Department of Revenue. This form is essential for individuals or businesses seeking to confirm that all tax obligations have been met before proceeding with certain transactions, such as real estate deals or bank closings. Ensure your tax returns are filed and any outstanding balances are settled before submitting the form.

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The ITR-1 form is an essential document for businesses operating in Illinois, particularly when it comes to ensuring compliance with state tax obligations. This form, known as the Request for Tax Clearance, serves as a formal request to the Illinois Department of Revenue for verification that all tax returns have been filed and any outstanding balances have been settled. It is crucial to note that the processing of the ITR-1 will not commence until all relevant tax returns are submitted and any applicable penalties or interest are paid. For those who have sold or are in the process of selling business assets, the ITR-1 is not the appropriate form; instead, they must complete Form CBS-1. When filling out the ITR-1, businesses need to provide various details, including the business name, address, and identification numbers, along with the specific taxes for which clearance is requested. The reasons for seeking tax clearance can vary, from real estate transactions to requirements imposed by other states. Once completed, this form must be signed by an authorized individual, ensuring that the request is legitimate. It is also worth mentioning that the processing time for the ITR-1 is typically around ten business days, so planning ahead is advisable. Should assistance be required during the completion of this form, help is readily available through the Illinois Department of Revenue.

Document Breakdown

Fact Name Details
Processing Requirement Form ITR-1 will not be processed until all tax returns are filed and any outstanding balances, including penalties and interest, are paid.
Processing Time Once submitted, allow at least 10 business days for the Illinois Department of Revenue to process Form ITR-1.
Alternative Form for Business Sales If you are selling or have sold your business assets, you should complete Form CBS-1 instead of Form ITR-1.
Contact Information If assistance is needed with Form ITR-1, you can reach the Illinois Department of Revenue at 1-800-732-8866.
Governing Laws This form is authorized under the Retailers’ Occupation Tax Act and the Income Tax Act of Illinois.

Common PDF Forms

Misconceptions

Misconceptions about the ITR-1 Illinois form can lead to confusion and delays in processing requests for tax clearance. Here are five common misunderstandings:

  • All returns must be filed before submitting the ITR-1. Many believe they can submit the form even if some tax returns are outstanding. However, the Illinois Department of Revenue will not process the ITR-1 until all returns are filed and any balances, including penalties and interest, are paid.
  • Processing time is immediate. Some individuals expect quick processing of the ITR-1. In reality, it can take at least 10 business days for the form to be processed, so it is important to plan accordingly.
  • ITR-1 is for all business asset sales. A common error is assuming that the ITR-1 is the correct form for selling business assets. If assets have been sold, the appropriate form to complete is CBS-1, not ITR-1.
  • Assistance is not available. Some people think they must navigate the form alone. In fact, help is available by contacting the Illinois Department of Revenue at their designated phone number for assistance in completing the ITR-1.
  • Signature stamps are acceptable. It is a misconception that a signature stamp can be used for submitting the ITR-1. The form must be signed by an owner or officer of the business; signature stamps are not accepted.

Example - Itr 1 Illinois Form

Illinois Department of Revenue

ITR-1 Request for Tax Clearance

Read this information first

Form ITR-1 will not be processed until all returns are filed and balances paid (including penalty and interest, if applicable).

Allow at least 10 business days for processing of Form ITR-1.

If you are selling or have sold your business assets, do not complete Form ITR-1, Request for Tax Clearance. You must complete Form CBS-1, Notice of Sale or Purchase of Business Assets.

If you need assistance in completing Form ITR-1, you can contact us at 1 800 732-8866 or at the address listed below.

Step 1: Identify yourself or your business

1

Name: _____________________________________________________

9

Date business started in Illinois :_____/_____/_____

 

 

 

 

Month

Day

Year

 

2

Doing business as (DBA):______________________________________

10

Do you make retail sales in Illinois?

 

yes

no

3

Street address: ______________________________________________

11

Do you maintain an office in Illinois?

 

yes

no

 

City, state, ZIP: ______________________________________________

12

Do you have employees in Illinois?

 

yes

no

4

Telephone (include area code): (______)______-__________

13

If this tax clearance is to be sent to a third party, provide the

 

 

 

following:

 

 

 

5

Federal Employer Identification number (FEIN): __ __-__ __ __ __ __ __ __

 

Name: ________________________________________

6

Illinois Business Tax number (IBT no.): __ __ __ __-__ __ __ __

 

In-care-of name: ________________________________

7

Social Security number: ___ ___ ___ - ___ ___ - ___ ___ ___ ___

 

Address: _______________________________________

 

 

 

Number and street or post office box

 

 

 

8

Excise Tax License number:_______________________________

 

City, state, ZIP: __________________________________

 

 

 

 

 

 

 

Step 2: Check the taxes for which you are requesting tax clearance

a b c d

Business income tax

e

Withholding income tax

f

Individual income tax

g

Excise tax. Specify tax type(s):_______________________________

 

Retailer’s occupation tax (including sales and use taxes) Hotel/motel tax

Automobile renting tax

Step 3: Check the reason you are requesting tax clearance

Real estate transaction Bank closing

Required by a state other than Illinois

Other. Please explain:_____________________________________________________________________________________

Step 4: Sign below

An owner or officer of the business requesting the tax clearance must complete this step. Signature stamps are not acceptable.

Note: If you have been appointed as power of attorney for the taxpayer requesting this tax clearance, you must attach a copy of your power of attorney that specifically states your authorization in tax related situations. See Form IL-2848, Power of Attorney.

_________________________________________

_____/_____/_____

Title: _____________________________________________

Signature

Month Day Year

Title (i.e., president, owner, partner, individual)

 

 

 

Step 5: Send your request

ILLINOIS DEPARTMENT OF REVENUE

 

PROBLEMS RESOLUTION, (3-515)

Fax: 217 785-2643

PO BOX 19014

 

SPRINGFIELD IL 62794-9014

 

 

 

 

Official Use Only

This is your approved tax clearance approved for the taxes identified in Step 2, boxes _________________________________, per your

request. Note: This tax clearance does not preclude assessment for any liability for pending, current, or future taxes or liabilities that may be established by present or future audits conducted by the department.

Clerk ID: ____________

Signature: ________________________ _____/_____/_____

ITR-1 (R-03/07)

Month Day Year

This form is authorized as outlined by the Retailers’ Occupation Tax Act and Income Tax Act. Disclosure of this information is REQUIRED. Failure to

provide information could result in the denial of your request. This form has been approved by the Forms Management Center.

IL-492-2867

Dos and Don'ts

When filling out the ITR-1 Illinois form, it's essential to follow certain guidelines to ensure a smooth process. Here are five things you should and shouldn't do:

  • Do ensure that all previous tax returns are filed and any outstanding balances are paid before submitting the form.
  • Don't use Form ITR-1 if you have sold or are selling your business assets; instead, complete Form CBS-1.
  • Do provide accurate information about yourself or your business, including your name, address, and tax identification numbers.
  • Don't use a signature stamp; the form must be signed by an owner or officer of the business.
  • Do allow at least 10 business days for processing your request once submitted.

By adhering to these guidelines, you can help ensure that your request for tax clearance is processed efficiently and without unnecessary delays.

Itr 1 Illinois: Usage Instruction

Filling out the ITR-1 form is an essential step for businesses in Illinois seeking tax clearance. This process requires careful attention to detail, as the information provided will determine the status of your tax obligations. Once completed, the form should be submitted to the Illinois Department of Revenue for processing.

  1. Identify yourself or your business:
    • Enter your full name.
    • Provide your Doing Business As (DBA) name, if applicable.
    • Fill in your street address, city, state, and ZIP code.
    • Include your telephone number, ensuring to include the area code.
    • Provide your Federal Employer Identification Number (FEIN).
    • Enter your Illinois Business Tax number (IBT number).
    • Fill in your Social Security number.
    • Provide your Excise Tax License number.
    • Indicate the date your business started in Illinois.
    • Answer whether you make retail sales, maintain an office, or have employees in Illinois.
  2. Check the taxes for which you are requesting tax clearance:
    • Select the applicable taxes: Business income tax, Withholding income tax, Individual income tax, Excise tax, Retailer’s occupation tax, Hotel/motel tax, or Automobile renting tax.
  3. Check the reason you are requesting tax clearance:
    • Choose from options such as real estate transaction, bank closing, required by a state other than Illinois, or provide another reason.
  4. Sign below:
    • An owner or officer of the business must sign the form. Remember, signature stamps are not acceptable.
    • Include your title and the date of signing.
    • If applicable, attach a copy of the power of attorney.
  5. Send your request:
    • Mail or fax the completed form to the Illinois Department of Revenue at the specified address or fax number.

Once submitted, allow at least 10 business days for processing. It's important to ensure that all previous returns are filed and balances paid before the form can be processed. If you have questions during this process, assistance is available through the provided contact information.