Electricity Distribution & Invested Capital Taxes

• MyTax Illinois

Electricity Distribution Tax is imposed on persons who:

• distribute, supply, furnish, or sell electricity for use or consumption (not for resale); and
• are not electric cooperatives, school districts, or units of local government.

Invested Capital Taxes are imposed on:

• persons engaged in the business of distributing, supplying, furnishing or selling electricity who are electric cooperatives and who are subject to the Public Utilities Revenue Tax;
• persons engaged in the business of distributing, supplying, furnishing, or selling natural gas who are subject to the Gas Tax; and
• water companies subject to taxes imposed by the Illinois Income Tax Act.

Electricity Distribution Tax - Use the Tax Rate Database to determine the monthly rate, which is based on the kilowatt-hours (kwhs).

Invested Capital Tax - Use the Tax Rate Database to determine tax rate for invested capital.

• Electricity Distribution Tax - None
• Invested Capital Tax - Investments in, and advances to, all corporations.

Return: Form ICT-4, Electricity Distribution and Invested Capital Tax Return, is due March 15 following the end of the reporting year.

Estimated Payments: Payments are due on March 15, June 15, September 15, and December 15. Taxpayers who mail their estimated payments to the department must complete Form ICT-1, Electricity Distribution and Invested Capital Tax Estimated Payment. Do not send Form ICT-1, if you remit your payment by EFT.

A taxpayer with an annual liability of $20,000 or more in the preceding calendar year must remit any tax payment by Electronic Funds Transfer.

• Call us at: 1 217 782-5906
• Mail Form ICT-4 to:
  ATTN: INVESTED CAPITAL TAX
  ILLINOIS DEPARTMENT OF REVENUE
  PO BOX 19019
  SPRINGFIELD IL 62794-9019