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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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st 556
Jan 2, 2008 This information was developed for products and services offered in the U.S.A.. IBM may not offer the products, services,Read more
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