Navigating the requirements of the Illinois Department of Revenue, particularly when it comes to the RHM-1 Hotel Operators' Occupation Tax Return, demands a comprehensive understanding of its various components and their implications for hotel operators. This form serves as a crucial piece of documentation for hoteliers within Illinois, aimed at reporting and paying the taxes levied on the occupation of hotel rooms. It encompasses a range of details starting from basic business identification—such as business name, address, and account ID—to more detailed financial information, including total receipts from room rentals, applicable deductions, and the calculation of taxable base. Additionally, it provides a structure for calculating the state and Chicago taxes due, while also allowing for deductions and credits to be claimed. Taxpayers are further guided on how to compute their net tax due, alongside any excess tax collected. An important feature of the RHM-1 form is the emphasis on accuracy and completeness under the penalty of perjury, underscoring the legal responsibility of the taxpayer in filing this return. It not only underlines the procedural aspects of tax compliance but also touches on the potential legalities and penalties for non-compliance or failure to provide accurate information. The form is designed to facilitate hotel operators in their tax reporting obligations, ensuring they comply with state and local tax laws, while also providing a mechanism for the transparent declaration of tax liabilities within the stipulated timeframe.
| Question | Answer |
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| Form Name | Illinois Form Rhm 1 |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | RHM 1 rhmfill form |
Illinois Department of Revenue
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REV 3 |
Form 475 |
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E S ___/___/___ |
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DP CA |
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Identify your business |
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Station no. 515 |
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Do not write above this line. |
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Account ID: ___ ___ ___ ___ ___ ___ ___ ___ |
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Check here if your address has changed. |
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Tell us the liability period for which you are filing this return: |
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License no. HM - ___ ___ ___ ___ ___ |
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Month of: __ __/___ __ |
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Quarter ending: __ __/___ __ |
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Business name _______________________________________ |
Year: __ __ __ __ |
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Business address ________________________________________ |
Is this a final return (you are no longer in business)? |
yes no |
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Number and street |
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ZIP |
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Step 1: Figure your taxable base |
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1 Total receipts. (Includes all room rental receipts, state, and local tax collected for this reporting period.) |
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Local tax deduction |
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3Other deductions (Describe each deduction by item AND amount on the lines below) Example: permanent residents: $1,000.00, meeting rooms: $200.00
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Total other deductions: 3 |
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Subtraction for MPEA Hotel Tax collected. |
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Add Lines 2 through 4. This is your total deductions. |
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Subtract Line 5 from Line 1. This is your taxable base. |
6 |
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Step 2: Figure your total tax
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State tax. Multiply Line 6 by .0564 |
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Chicago taxes. Multiply Line 6 by .05235 |
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Add Lines 7 and 8. This is your total tax. |
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Step 3: Figure your discount
10 If you file and pay on time, multiply Line 9 by .021 |
10 ______________|____ |
Step 4: Figure your payment due
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Subtract Line 10 from Line 9. This is your net tax due. |
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If you collected too much tax, report the amount of excess tax you collected. |
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Add Line 11 and Line 12. This is your tax due. |
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If you have credit, tell us the amount of credit you wish to apply. |
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Subtract Line 14 from Line 13. This is your total tax due. Pay this amount. |
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Step 5: Sign below
Under penalties of perjury, I state that I have examined this return and, to the best of my knowledge, it is true, correct, and complete. The information in this return is taken from the records of the business for which it is filed.
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Taxpayer's signature |
Title |
Date |
Telephone (Include area code) |
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Preparer's signature |
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Date |
Telephone (Include area code) |
*247501110*
This form is authorized as outlined under the tax or fee Act imposing the tax or fee for which this form is filed. Disclosure of this information is required. Failure to provide information may result in this form not being processed and may result in a penalty.