Fill a Valid Itr 1 Illinois Form
The ITR-1 form, officially known as the Request for Tax Clearance, serves as an essential document for businesses operating in Illinois. It is primarily used to confirm that all tax obligations have been met before a business can engage in certain transactions, such as selling assets or completing real estate deals. This form must be completed accurately and submitted only after all relevant tax returns have been filed and any outstanding balances, including penalties and interest, have been settled. Processing of the ITR-1 typically takes at least 10 business days, which necessitates careful planning for those needing timely clearance. Notably, if a business has sold or is in the process of selling its assets, it should not use the ITR-1 form; instead, it must complete the CBS-1 form. The ITR-1 requires the identification of the business or individual requesting the clearance, along with specific tax types for which clearance is sought. Additionally, it necessitates a signature from an authorized owner or officer of the business. This ensures that the request is legitimate and that the individual submitting the form has the authority to do so. For those needing assistance, the Illinois Department of Revenue provides a contact number for guidance, emphasizing the importance of compliance and accuracy in the submission process.
Example - Itr 1 Illinois Form
Illinois Department of Revenue
Read this information first
•Form
•Allow at least 10 business days for processing of Form
•If you are selling or have sold your business assets, do not complete Form
•If you need assistance in completing Form
Step 1: Identify yourself or your business
1 |
Name: _____________________________________________________ |
9 |
Date business started in Illinois :_____/_____/_____ |
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Month |
Day |
Year |
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2 |
Doing business as (DBA):______________________________________ |
10 |
Do you make retail sales in Illinois? |
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yes |
no |
3 |
Street address: ______________________________________________ |
11 |
Do you maintain an office in Illinois? |
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yes |
no |
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City, state, ZIP: ______________________________________________ |
12 |
Do you have employees in Illinois? |
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yes |
no |
4 |
Telephone (include area code): |
13 |
If this tax clearance is to be sent to a third party, provide the |
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following: |
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5 |
Federal Employer Identification number (FEIN): __ |
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Name: ________________________________________ |
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6 |
Illinois Business Tax number (IBT no.): __ __ __ |
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7 |
Social Security number: ___ ___ ___ - ___ ___ - ___ ___ ___ ___ |
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Address: _______________________________________ |
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Number and street or post office box |
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8 |
Excise Tax License number:_______________________________ |
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City, state, ZIP: __________________________________ |
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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):_______________________________ |
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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
_________________________________________ |
_____/_____/_____ |
Title: _____________________________________________ |
Signature |
Month Day Year |
Title (i.e., president, owner, partner, individual) |
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Step 5: Send your request
ILLINOIS DEPARTMENT OF REVENUE |
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PROBLEMS RESOLUTION, |
Fax: 217 |
PO BOX 19014 |
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SPRINGFIELD IL |
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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: ________________________ _____/_____/_____ |
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. |
Document Breakdown
| Fact Name | Details |
|---|---|
| Processing Requirements | 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 | Allow a minimum of 10 business days for the processing of Form ITR-1. |
| Alternative Form for Asset Sales | If you are selling or have sold business assets, do not use Form ITR-1. Instead, complete Form CBS-1. |
| Governing Laws | This form is authorized under the Retailers’ Occupation Tax Act and the Income Tax Act of Illinois. |
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