Instructions For Preparing The Amusement Tax Return Form - 7511

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Use these instructions for tax periods beginning January 1, 2000.

INSTRUCTIONS FOR PREPARING THE

AMUSEMENT TAX RETURN - 7511

A C C O U N T N U M B E R

LINE 1.

Paid Television Programming Fees:

Enter total paid television programming fees from providers who have not collected this tax. Paid television programming includes

programming transmitted by cable, wire, satellite, fiber optics, laser, microwave, radio or similar means (see Section 4.156-010 of

the Amusement Tax Ordinance, Chapter 4-1 56 of the Municipal Code of Chicago).

LINE 2.

Preprinted Tax Rate

LINE 3.

Tax due before credit (multiply line 1 by line 2)

LINE 4.

LINE 5.

Enter current year's tax payments.

Enter credit for overpayment of tax only if you have received a letter of credit from the Chicago Department of Revenue. Enter the

letter of credit number and submit the original applicable credit letter or the credit will be disallowed.

LINE 6.

Total credit balance (add lines 4 a n d 5).

LINE 7.

Total tax due (subtract line 6 from line 3). If line 7 is greater than 0, enter the amount owed. If line 7 is less than 0, skip to line 11.

LINE 6.

Determine the amount of interest owed based on tax past due.

8a.

Enter number of days late (August 16 being one day late, etc.) ..............

8b.

Enter the amount from line 7

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LINE 9.

LINE 10.

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Total amount of interest (Sb * [8a / 365]) * 12% ......................................

EXAMPLE: If you determine that you owe $100,000 on the due date (August 15) and you file and pay the tax on August 26, ~ e n you

are 11 days late in making the payment. The calculation of the interested owed is as follows: [$100,000 * (11/365)] * 12% = $361.64.

Enter 5% of line 7 to compute penalty if tax is not paid when due. The tax is due on or before the 15th day of the second month following

the tax year in which taxable receipts are received.

Enter the total tax, penalty and interest due (add lines 7, 8, and 9).

LINE 11. Overpayment. if line 7 is less then 0, enter the a m o u n t o f overpayment.

LINE 12. If you want the amount of the overpayment to be credited to next year's estimated tax, enter a check in the credit box.

Otherwise, check the refund box.

NOTE: Any amounts overpaid will first be applied to deficiencies outstanding for this tax and to deficiencies for any other City of

Chicago tax for which you are registered.

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FOR ADDITIONAL INFORMATION, C A L L 312/747/9723 (TTY 312/744-2975)

NOTE: YOU MUST COMPLETE A L L INFORMATION ON THIS PAGE FOR THIS RETURN TO BE CONSIDERED COMPLETE.

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