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Use your mouse or Tab key to move through the fields. Use your mouse or space bar to enable check boxes. Illinois Department of Revenue ST-588 Nonresidency Exemption Certification for Sales and Leases.

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How to fill out the St 588 online

The St 588 form is essential for individuals or entities seeking a nonresidency exemption for sales and leases of motor vehicles and trailers in Illinois. This guide will provide clear, step-by-step instructions to help you complete the form accurately and efficiently online.

Follow the steps to fill out the St 588 successfully.

  1. Begin by locating the St 588 form online. Use the ‘Get Form’ button to access and open it for editing.
  2. In Step 1, identify the seller by entering their name, address, and phone number in the designated fields.
  3. Move to Step 2 to identify the purchaser. Fill in the purchaser's name, address, phone number, and the date of purchase.
  4. If applicable, navigate to Step 3 to identify the lessee if the purchaser is a leasing company. Enter the lessee's name, address, and phone number.
  5. Proceed to Step 4 where you will identify the motor vehicle or trailer that is being purchased or leased. Input the year, make, model, vehicle identification number (VIN), and the tax return number from Form ST-556 or ST-556-LSE.
  6. Finally, in Step 5, ensure the nonresident purchaser certifies their nonresidency status. For individuals, sign Statement A; for non-individuals, sign Statement B. If the purchaser is a lessee, they must sign with the corresponding statement.

Complete your St 588 form online today to ensure you meet all requirements for the nonresidency exemption.

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Ii I - NCJRS 2010 IC-056 Schedule 5K-1 - Tax-Option (S) Corporation Shareholder's Share Of Income, Deductions Form 100 - 2007 California Corporation Franchise Or Income Tax Return. 2007 Form 100 Form 5471 (Schedule M) (Rev. December 2007). Transactions Between Controlled Foreign Corporation

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When an Illinois resident purchases a vehicle from an out-of-state dealer and will title the car in Illinois, the sale and subsequent tax due is reported on Form RUT-25 when you bring the vehicle into Illinois.

Certain states impose their own sales taxes on out-of-state customers. If you sell a vehicle to a customer who will title it in one of those states, then you must charge the customer Illinois sales tax at the foreign state`s tax rate or at 6.25%, whichever is less.

Tell the DMV clerk that you purchased the car out of state with the intent of titling and registering it at your address. The clerk will return your bill of sale but keep your Missouri title. You'll need to pay the difference in sales tax between Illinois and Missouri. Once complete, the DMV will mail you a new title.

Do you pay taxes when buying a car privately in Illinois? You have to pay a use tax when you purchase a car in a private sale in Illinois. The tax rate is based on the purchase price or fair market value of the car. Here's a vehicle use tax chart.

Standard tax, title and license fees charged on a new vehicle in Illinois are as follows: Sales Tax: 7.25% (additional county taxes may also apply) Title Fee: $150. License and Registration Fee: $151.

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© Copyright 1997-2026
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Your Privacy Choices
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
altaFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2026
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232