Instructions For Preparing The Infrastructure Maintenance/franchise-Fee Combination Return-7576 - 2000 - Chicago Department Of Revenue

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m
m
use these instructions for tax periods beginning January
1,2000.
INSTRUCTIONS FOR PREPARING T H E
INFRASTRUCTURE MAINTENANCE/FRANCHISE-FEE COMBINATION RETURN-7576
ACCOUNT NUMBER
NOTE: YOU MUST ATTACH ALL SITE SCHEDULES TO THIS RETURN. THE TOTALS ON THE SITE
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SCHEDULES MUST REPRESENT THE CURRENT TAX YEAR.
i
LINE 1.
LINE 2.
LINE 3.
LINE 4.
4a.
4b.
4c.
Compute infrastructure maintenance fee.
A - J. Allocate kilowatt-hours to all applicable ranges listed. Multiply kilowatt-hours allocated to each range by applicable tax rate.
Note that more than one tex rate may apply.
K.
Add lines l a through lj. This is your Infrastructure Maintenance fee.
L.
Net fees on charges that are vxitten off as uncollectable against fee on charges that are recovered (3-54-040 (a) (b)).
M.
Net adjustment line 1L from line 1K.
Credits
A.
Enter taxes.
B.
Enter license fees
C.
Enter permit fees
D.
Enter any other fees
E.
Enter other uncollectible amounts
F.
Enter the total amount of all current year's tax payments you have remitted to the Department of Revenue.
G.
Enter credit for overpayment 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 letter or the credit will be
disallowed.
H.
Enter amount of total credits (add lines 2a through 2g)
Total Infrastructure Maintenance Fee due (line 1 m minus line 2h). If line 3 is greater than 0, enter the amount owed. If line 3 is
less than 0, skip to line 7.
Determine the amount of interest owed based on tax past due.
Enter the number of days late (August 16 being one day late, etc.) .............
"
Enter amount from line 3 ..............................................................................
' ................. ...................
: ..........
"
i
i .... ii. !
Total amount of interest (4b" [4a / 3651) * 12% .......................................
:-
~i
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, then 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.
LINE 5.
LINE 6.
LINE 7.
LINE 8.
Enter 5% of line 3 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 fiscal year in which taxable receipts are received.
Enter the total tax penalty and interest due (add lines 3, 4, and 5).
Overpayment. If line 3 is less than O, enter the amount of overpayment.
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.
I I
II
FOR ADDITIONAL INFORMATION CALL 312-747-9723 (TDD 312-744-2975)
NOTE: YOU MUST COMPLETE ALL INFORMATION ON THIS PAGE FOR THIS RETURN TO BE CONSIDERED COMPLETE.
Page 1
7576021
Rev 005 0614
I I

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