Eg 13 B Form – Fill Out and Use This PDF

The Illinois Department of Revenue EG-13-B Form, officially referred to as the Financial and Other Information Statement for Businesses, is a comprehensive document designed to collect essential financial and other relevant details about a business. It aids in providing a meticulous record of a business's financial status, including assets, liabilities, monthly income, and expenses, ensuring compliance and transparency with the state's regulatory requirements. Whether you're updating records or undergoing financial review, completing the EG-13-B form accurately is crucial for any business operating within Illinois. Ready to ensure your business's compliance? Click the button below to start filling out your form today.

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Eg 13 B Form PDF Details

Businesses operating within Illinois face a crucial task in maintaining compliance with state tax regulations, one aspect of which involves the meticulous completion of the EG-13-B form, as mandated by the Illinois Department of Revenue. This comprehensive form serves as a Financial and Other Information Statement for Businesses, offering a structured approach for reporting not only the financial standings through detailed statements of assets and liabilities but also encompassing other vital information about the business. Through various sections, the EG-13-B form collects data about the business's basic identifying details, bank accounts, credit card receivables, real property, bankruptcy status, and monthly income versus expenses, ensuring a thorough financial snapshot. Key elements like business name, addresses, federal employer identification number (FEIN), Illinois account ID, bank account details including balances, and credit card processor information form the bulwark of the initial segments. Moving deeper, it demands disclosure regarding potential bankruptcy proceedings, which could significantly impact the financial assessment. Additionally, the form extends into the evaluation of a business’s assets versus liabilities, with a secondary focus on monthly operational income and expenses, elucidating the business's operational viability. Accurate dialogue between businesses and the Illinois Department of Revenue, facilitated by the EG-13-B form, is paramount, requiring diligent attention to detail and integrity in reporting, underlined by a certification that all provided information is true, correct, and complete under penalties of perjury. The requirement to disclose this information and the ramifications of failing to do so encapsulate the critical nature of the EG-13-B form in aiding tax compliance and financial transparency for businesses in Illinois.

Question	Answer
Form Name	Eg 13 B Form
Form Length	2 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	30 sec
Other names	obligee, instructions for form eg 13 b, illinois form eg 13 13, FEIN

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Illinois Department of Revenue

EG-13-B Financial and Other Information Statement for Businesses

Note: We may require support for amounts shown on this form.

Step 1: Tell us about your business

1Business name ______________________________________________________________________________

Address ____________________________________________________________________________________

____________________________________________________________________________________

City

State

Zip

2Business phone (____)______________________

3Federal employer identiﬁcation number (FEIN) ____ ____ - ____ ____ ____ ____ ____ ____ ____

4Illinois account ID _____________________________________

Step 2: Tell us about your bank accounts and credit card receivables

Attach additional sheets in the same format, if necessary.

a Bank accounts (include payroll and general, savings, certiﬁcates of deposit, ETC.)
	A		B	C	D	E
	Name of institution		Address	Type of account	Account number	Balance
5	__________________	______________________________________________		________________	________________	________________
6	__________________	______________________________________________		________________	________________	________________
b Current credit card processor and associated receivables
	A		B		C
	Name of credit card processor		Address		Current receivables
7	__________________________		________________________________________________		______________
8	__________________________		________________________________________________		______________

Step 3: Tell us about your real property

Attach additional sheets in the same format, if necessary.

	A	B	C	D
	Brief description of property	Type of ownership	Physical address	County
9	_____________________________________	___________________	___________________________________________	________________
10	_____________________________________	___________________	___________________________________________	________________

Step 4: Tell us if bankruptcy is pending

11Are foreclosure, bankruptcy, receivership, or assignment for beneﬁt of creditors proceedings pending? ____yes ____no

12Bankruptcy number ____________________________________

13Date ﬁled ___ ___/___ ___ /___ ___ ___ ___

Month DayYear

Continue to next page.

EG-13-B front (R-5/12)

Step 5: Complete the following statement of assets and liabilities

		A	B	C	D	E	F	G
				Amount of	Monthly		Date of	Date of
		Present	Liabilities	equity or asset	payment		ﬁrst	ﬁnal
Description		value	Balance due	(Col. A minus B)	amount	Pledgee or obligee	payment	payment
14	Bank accounts	_________	_________	_________	_________	__________________	________	________
15	Accounts/notes receivable	_________	_________	_________	_________	__________________	________	________
16	Merchandise inventory	_________	_________	_________	_________	__________________	________	________
17	Machinery and equipment	_________	_________	_________	_________	__________________	________	________
18	Real property	_________	_________	_________	_________	__________________	________	________
19	Vehicles (model/year)
a___________________		_________	_________	_________	_________	__________________	________	________
b___________________		_________	_________	_________	_________	__________________	________	________

20Other assets (describe)

a___________________		_________	_________	_________	_________	__________________	________	________
b___________________		_________	_________	_________	_________	__________________	________	________
21	Federal taxes outstanding	_________	_________	_________	_________	__________________	________	________
22	Accounts/notes payable	_________	_________	_________	_________	__________________	________	________

23Other (include judgments)

a___________________	_________	_________	_________	_________	__________________	________	________
b___________________	_________	_________	_________	_________	__________________	________	________
24 Total	_________	_________	_________	_________

Step 6: Complete the following monthly income and expense summary

	Monthly income			Monthly expenses
	Source	Amount		Expense		Amount
25	Net receipts from sales, services, ETC.	____________________	29	Rent (not included in Line 18)		___________________
26	Net rental income	____________________	30	Net wages and salaries
27	Other income (specify)			(no. of employees_____)		___________________
	_________________	____________________	31	Materials purchased		___________________
	_________________	____________________	32	Repairs and maintenance		___________________
	_________________	____________________	33	Supplies		___________________
	_________________	____________________	34	Monthly pmts. from Line 24, Column D		___________________
	_________________	____________________	35	Utilities/telephone		___________________
	_________________	____________________	36	Gasoline/oil		___________________
	_________________	____________________	37	Insurance		___________________
	_________________	____________________	38	Current taxes		___________________
	_________________	____________________	39	Other (specify)_________________		___________________
	_________________	____________________		_____________________________		___________________
	_________________	____________________		_____________________________		___________________
28	Add Lines 25 through 27.		40	Add Lines 29 through 39.
	This amount is your total net income.	____________________		This amount is your total expenses.		___________________
41	Subtract Line 40 from Line 28. This amount is your net income after expenses.				41	___________________

Step 7: Sign below

Under penalties of perjury, I state that this statement of assets and liabilities and other information is, to the best of my knowledge, true, correct, and complete.

Signature______________________________________ Title____________________________ Date ___ ___/___ ___/___ ___ ___ ___

EG-13-B back (R-5/12)

This form is authorized as outlined by the Illinois Income Tax Act and the Retailers’ Occupation and related occupation taxes and fees acts.

Disclosure of this information is REQUIRED. Failure to provide information could result in this form not being processed.

How to Edit Eg 13 B Form Online for Free

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Step 1: Open the PDF form inside our tool by clicking the "Get Form Button" above on this webpage.

Step 2: As soon as you open the PDF editor, you'll notice the form all set to be filled out. Apart from filling out different blank fields, you could also do other things with the file, such as writing your own words, editing the initial text, adding images, putting your signature on the document, and a lot more.

When it comes to blanks of this precise form, here is what you should consider:

1. While submitting the EG-13-B, ensure to include all necessary fields within the associated section. It will help expedite the work, allowing your details to be processed quickly and appropriately.

eg 13b illinois writing process described (portion 1)

2. Once this section is done, proceed to enter the relevant information in all these - Step Tell us about your real, Attach additional sheets in the, Brief description of property, Type of ownership, Physical address, County, Step Tell us if bankruptcy is, Are foreclosure bankruptcy, and Bankruptcy number.

eg 13b illinois conclusion process shown (part 2)

3. The third stage is going to be straightforward - fill out all the empty fields in Monthly payment amount, equity or asset Col A minus B, Liabilities Balance due, Step Complete the following, Pledgee or obligee, ﬁrst, payment, ﬁnal payment, Amount, Monthly expenses, Source, Amount, Expense, Monthly income, and Step Complete the following to conclude this segment.

Step no. 3 of filling in eg 13b illinois

Be extremely attentive when completing Step Complete the following and Pledgee or obligee, because this is where a lot of people make some mistakes.

4. It is time to complete this next section! In this case you'll have all these Net wages and salaries no of, Step Complete the following, Materials purchased Repairs, This amount is your total net, This amount is your total expenses, Add Lines through, Subtract Line from Line This, Step Sign below Under penalties, and Signature Title Date form blanks to fill in.

Part number 4 of filling in eg 13b illinois

Step 3: Immediately after taking one more look at your fields and details, press "Done" and you are done and dusted! Sign up with us today and easily get EG-13-B, available for downloading. Each modification you make is handily saved , which enables you to change the file at a later stage as required. Here at FormsPal.com, we aim to guarantee that all your details are maintained secure.

Eg 13 B Form – Fill Out and Use This PDF

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