Get IL RUT-50 Instructions 2010
Nsfer a motor vehicle from a private party. When there is no stated purchase price, such as a gift or even trade, fair market value is used. If you purchased a vehicle from an unregistered out-of-state dealer, lending institution, leasing company, or retailer; or if you purchased a passenger car from an unregistered Illinois lending institution or leasing company, you must complete Form RUT-25, Vehicle Use Tax Transaction Return. You can obtain the fair market value from a licensed dealer. W.
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