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Click ‘Get Form’ to open the printable ST-556 form in the editor.
Begin by entering the buyer’s name and address. Ensure it matches the title application details. If there are multiple buyers, list each name.
Describe the item sold by checking the appropriate box (A-F) for the type of item. If selling multiple items, complete a separate form for each unless using Form ST-556-R.
Write the date of delivery, indicating when possession was transferred to the buyer. This must be done within 20 days of delivery.
If applicable, describe any trade-in items by providing their identification numbers and details as required.
Complete Section 5 if the sale is exempt; otherwise, proceed to write down the total price and calculate tax based on your buyer's tax rate.
Finally, ensure all parties sign the return before submission to validate the transaction.
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Alternatively, you can obtain ST-556 forms preprinted for each of your business locations by calling our Central Registration Division at 217 785-3707.Read more
Web the form st‑556 instructions for leasing companies selling at retail (st‑556[2]) to assist you in completing the return properly. Click here to download theRead more
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