11% of receipts or charges for all leases, including the non-possessory lease of a computer to input, modify, or retrieve data supplied by the customer. As of 1-1-2021: 9% of receipts or charges for all leases, including the non-possessory lease of a computer to input, modify, or retrieve data supplied by the customer.

It's also worth noting that many states, but not Illinois, tax “personal property” like cars, boats and business equipment. The 1970 Illinois constitution banned personal property taxes.

If you sold a personal use asset for more than what you bought it for, then you would generally report that on the Stock or Investment Sale Information screen. You can report any selling expenses by reducing the amount you enter as "Sale Proceeds" by the amount of your selling expenses.

If you end up paying personal property taxes to your local government, the IRS allows you to claim a deduction for it on your federal tax return.

Exemptions Sales to state, local, and federal governments. Sales to not-for-profit organizations that are exclusively charitable, religious, or educational. Sales of newspapers and magazines.

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Complete Form PTAX-203-B, Illinois Real Estate Transfer Declaration Supplemental Form B. 11 Full actual consideration. "Streamline your personal property transactions with our General Bill of Sale Form.Illinois Bill of Sale of Personal Property (Sold with Warranty). Property Tax Bill Assistance. Fritz Kaegi, Cook County Assessor. What is "real property" and what is "personal property"? What should I do if I have not received my property tax bill for the second installment? Cook County Treasurer's Office 118 North Clark Street, Room 112 Chicago, Illinois 60602 (312) 443-5100 Just click one of the links below to download or print our blank forms and legal documents. If you didn't find the document you need, contact us.

Bill Personal Property Form For Sale In Chicago

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