Enlarge image | Illinois Department of Revenue 2023 Form IL-1040 Instructions What’s New for 2023? Protecting Illinois Taxpayers Our enhanced efforts to protect Illinois taxpayers from identity theft and tax fraud have proven to be highly successful. We will continue to combat the criminals attempting to steal your identity to file fraudulent tax returns while making every effort to get your tax refund to you as quickly as possible. Please remember, filing your return electronically and requesting direct deposit is still the fastest way to receive your refund. You can file for free using MyTax Illinois, our online account management program for taxpayers. For more information, go to mytax. illinois.gov or visit our website. Form IL-1040 Due Date The due date for filing your 2023 Form IL-1040 and paying any tax you owe is April 15, 2024. Income Tax Rate The Illinois income tax rate is 4.95 percent (.0495). Exemption Allowance Per Public Act 103-0009, the personal exemption amount for tax year 2023 is $2,425. Forms IL-1040 and IL-1040-X Per Public Act 103-0009, the Volunteer Emergency Worker Credit was added to Line 16. Additional instructions were added throughout the return to better assist the taxpayer when filing. Schedule 1299-C Per Public Act 102-0700, the K-12 Instructional Materials and Supplies Credit (5740) was increased to $500. Note: Information about all the credits can be found in Schedule 1299-I. Schedule M Per Public Act 103-0008, a new subtraction was added for deductions for cannabis establishments that were disallowed under IRC Section 280E for the taxable year, on Line 40. Schedule ICR Per Public Act 103-0009, the Volunteer Emergency Worker Credit was created to allow a limited amount of $500 non-refundable credits for qualified volunteer emergency workers awarded through the Illinois State Fire Marshall (ISFM) and Illinois Department of Revenue (IDOR). Step 2, Section 3 was added to claim this credit. Note: You must have a Voluntary Emergency Worker Credit Certificate to claim this credit. Schedule IL-E/EIC Per Public Act 102-0700, the Illinois Earned Income Tax Credit (EITC) was expanded. Taxpayers, who otherwise meet federal income guidelines for the EITC, now qualify for the Illinois EITC if the taxpayer is filing • with an Individual Taxpayer Identification Number (ITIN), or • without a qualifying child and is at least age 18 or older (including taxpayers over ages 65). The Schedule IL-E/EIC was updated to • allow entry of an ITIN in place of social security number for dependents and qualifying children, and • include the Illinois Expanded EITC Worksheet for taxpayers who do not qualify for the EITC federally to calculate the federal EITC amount from which their Illinois EITC amount is derived. Note: See Schedule IL-E/EIC Instructions for information on if you qualify for and how to claim the Illinois EITC credit. Mailing your income tax return: If no payment is enclosed, mail your return to: If a payment is enclosed, mail your return to: ILLINOIS DEPARTMENT OF REVENUE ILLINOIS DEPARTMENT OF REVENUE PO BOX 19041 PO BOX 19027 SPRINGFIELD IL 62794-9041 SPRINGFIELD IL 62794-9027 IL-1040 Instructions (R-12/23) Printed by authority of the state of Illinois. Electronic only, one copy. |
Enlarge image | Table of Contents General Information and Frequently Asked Questions .............................................. 3 - 5 Step-by-Step Instructions ............................................................................................. 6 - 16 Filing a decedent’s return, Foreign addresses .................................................................... 6 Filing status .................................................................................................................... 6 File household employment tax using Form IL-1040 ........................................................... 9 Pay use tax using Form IL-1040 ....................................................................................... 9 - 10 Refund options ............................................................................................................... 14 Payment options ............................................................................................................ 15 Mailing addresses .......................................................................................................... 15 Allocation Worksheet .................................................................................................... 17 Illinois Comptroller’s Revenue and Expenditure Report for 2023 ............................ 18 Tax Assistance Information .......................................................................................... 19 Tips To Speed Up The Processing Of Your Return • File your return electronically! Visit mytax.illinois.gov or see your tax professional. • Enter your correct Social Security number (SSN) and name. If you are married, you must include your spouse’s SSN and name. • If you received federally taxed Social Security benefits or qualified retirement income, you may be able to subtract it on Line 5. See the Line 5 Instructions for details. • Attach a completed Schedule IL-WIT and all withholding forms (W-2s, 1099s, etc.) to support the amount you claim as Illinois Income Tax withheld on Line 25. • Enter the correct amount of estimated payments you made, including any overpayment applied from a prior year return. You may verify the amount using the estimated payment inquiry on our website. • Include any required attachments (e.g., Schedule M, Schedule ICR, Schedule IL-E/EIC, Schedule CR, federal Form 1040 and Schedules) with your Form IL-1040. • Make sure to have any support documentation available if requested. • If you are claiming a property tax credit, you must enter the county in which your property is located and the property index number on Schedule ICR, Illinois Credits. • If you enter an amount you want refunded to you on Line 37, you must check one box on Line 38 to indicate how you would like us to issue your refund. You may select direct deposit or paper check. • Review the entries you made on each line for accuracy and verify your calculations. • Sign your return. 2 tax.illinois.gov |
Enlarge image | General Information Who must file an Illinois tax return? If you were ► an Illinois resident, you must file Form IL-1040 if you were required to file a federal income tax return, or you were not required to file a federal income tax return, but your Illinois base income from Line 9 is greater than your Illinois exemption allowance. ► an Illinois resident who worked in Iowa, Kentucky, Michigan, or Wisconsin, you must file Form IL-1040 and include as Illinois income any compensation you received from an employer in these states. Compensation paid to Illinois residents working in these states is taxed by Illinois. Based on reciprocal agreements between Illinois and these states, these states do not tax the compensation of Illinois residents. If your employer in any of these states withheld that state’s tax from your compensation, you may file the correct form with that state to claim a refund. You may not use tax withheld by an employer for these states as a credit on your Illinois return. ► a retired Illinois resident who filed a federal return, you must file Form IL-1040. However, certain types of retirement income (e.g., pension, Social Security, railroad retirement, governmental deferred compensation) may be subtracted from your Illinois income. For more information, see the instructions for Line 5 and Publication 120, Retirement Income. ► a part-year resident, you must file Form IL-1040 and Schedule NR, Nonresident and Part-Year Resident Computation of Illinois Tax, if you earned income from any source while you were a resident, you earned income from Illinois sources while you were not a resident, or you want a refund of any Illinois Income Tax withheld. ► a nonresident, you must file Form IL-1040 and Schedule NR if you earned enough taxable income from Illinois sources to have a tax liability (i.e., your Illinois base income from Schedule NR, Step 5, Line 46, is greater than your Illinois exemption allowance on Schedule NR, Step 5, Line 50), or you want a refund of any Illinois Income Tax withheld in error. You must attach a letter of explanation from your employer. Note: If you are a nonresident and your only income in Illinois is from one or more partnerships, S corporations, or trusts that withheld enough Illinois Income Tax to pay your liability, you are not required to file a Form IL-1040. ► an Iowa, Kentucky, Michigan, or Wisconsin resident who worked in Illinois, you must file Form IL-1040 and Schedule NR if you received income in Illinois from sources other than wages, salaries, tips, and commissions, or you want a refund of any Illinois Income Tax withheld. If you received wages, salaries, tips, and commissions from Illinois employers, you are not required to pay Illinois Income Tax on this income. This is based on reciprocal agreements between Illinois and these states. The reciprocal agreements do not apply to any other income you might have received, such as Illinois lottery winnings and Illinois unemployment income. ► an Illinois resident who was claimed as a dependent on your parents’ or another person’s return, you must file Form IL-1040 if your Illinois base income from Line 9 is greater than $2,425, or you want a refund of Illinois Income Tax withheld from your pay. If your parent reported your interest and dividend income through federal Form 8814, Parents’ Election to Report Child’s Interest and Dividends, do not count that income in determining if you must file your own Form IL-1040. ► the surviving spouse or representative of a deceased taxpayer who was required to file in Illinois, you must file any return required of that taxpayer. ► a student, you are not exempt from tax nor are there special residency provisions for you. However, income, such as certain scholarships or fellowships, that is not taxable under federal income tax law, is also not taxed by Illinois. ► a nonresident alien, you must file Form IL-1040 if your income is taxed under federal income tax law. Note: You must attach a copy of your federal Form 1040NR, U.S. Nonresident Alien Income Tax Return. Note: Even if you are not required to file Form IL‑1040, you must file to get a refund of • Illinois Income Tax withheld from your pay, • estimated tax payments you made, or • withholding on income passed through to you by a partnership, S Corporation, or trust. tax.illinois.gov 3 |
Enlarge image | General Information Who is an Illinois resident? You are an Illinois resident if you were domiciled in Illinois for the entire tax year. Your domicile is the place where you reside and the place where you intend to return after temporary absences. Temporary absences may include duty in the U.S. Armed Forces, residence in a foreign country, out-of-state residence as a student, or out-of-state residence during the winter or summer. If you filed a joint federal return and one spouse is an Illinois resident while the other spouse is a nonresident or a part-year resident, you may file separate Illinois returns. If you file a joint Illinois return, you will both be taxed as residents. What is Illinois income? Your Illinois income includes the adjusted gross income (AGI) amount figured on your federal return, plus any additional income that must be added to your AGI. Note: Some of your income may be subtracted when figuring your Illinois base income. For more information, see the Step-by-Step Instructions. You should follow the federal law concerning passive activity income and losses. You are not allowed to refigure your federal passive activity losses. Also, federal law will govern the taxation of income from community property sources in the case of spouses who file joint federal returns and who file separate Illinois returns. How may I file? File your individual income tax return electronically by using • MyTax Illinois, available on our website for free, • a tax professional, or • tax preparation software. Almost all taxpayers can file electronically. Visit mytax.illinois.gov or see your tax professional. If you do not wish to file electronically, you may use the paper Form IL-1040. When must I file? Your Illinois filing period is the same as your federal filing period. We will assume that you are filing your Form IL-1040 for calendar year 2023 unless you are filing for a fiscal year and indicate a different filing period in the space provided at the top of the return. The due date for calendar year filers is April 15. If this date falls on a weekend or holiday, then the due date is the next business day after the weekend or holiday. The due date to file and pay for 2023 is April 15, 2024. We grant an automatic six-month extension of time to file your return. If you receive a federal extension of more than six months, you are automatically allowed that extension for Illinois. These extensions do not grant you an extension of time to pay any tax you owe. If you determine that you will owe tax, you must use Form IL-505-I, Automatic Extension Payment for Individuals, to pay any tax you owe to avoid penalty and interest on tax not paid by April 15, 2024. The extended due date to file is October 15, 2024. Should I round? You must round cents to whole dollars on Form IL-1040 and most schedules, as directed. To round you must • drop amounts under 50 cents and • increase amounts of 50 to 99 cents to the next dollar. For example, $1.49 becomes $1 and $2.50 becomes $3. If you have to add two or more amounts to figure the amount to enter on a line, include cents when adding the amounts and round only the total. Will I owe penalties and interest? You will owe • a late‑filing penalty if you do not file a return that we can process by the extended due date. • a late-payment penalty for tax not paid by the original due date of the return. • a late-payment penalty for underpayment of estimated tax if you were required to make estimated tax payments and failed to pay the required amount by the payment due dates. • a bad check penalty if your remittance is not honored by your financial institution. • a cost of collection fee if you do not pay the amount you owe within 30 days of the date printed on any IDOR-2-BILL, Final Notice of Tax Due for Form IL-1040, Individual Income Tax Return, you receive. 4 tax.illinois.gov |
Enlarge image | General Information • a frivolous return penalty if you file a return that does not contain information necessary to figure the correct tax or shows a substantially incorrect tax, because you are taking a frivolous position or are trying to delay or interfere with collection of the tax. • interest on unpaid tax from the day after the original due date of your return through the date you pay the tax. We will bill you for penalties and interest. For more information about penalties and interest, see Publication 103, Penalties and Interest for Illinois Taxes. What if I cannot pay? If you cannot pay the tax you owe but you can complete your return on time, file your return by the due date without the payment. This will prevent a late-filing penalty from being assessed. You will, however, owe a late-payment penalty and interest on any tax you owe after the original due date, even if you have an extension of time to file. You have the option to pay the amount you owe electronically by using our website or by credit card. See the instructions for Line 40. When must I file an amended return? Do not file another Form IL-1040 to make changes to a previously filed Form IL-1040. You must file Form IL-1040-X, Amended Individual Income Tax Return, if • you discover that you made an error on your Illinois return after it was filed, or • your federal return has been adjusted either by the Internal Revenue Service (IRS) or on a federal Form 1040X, Amended U.S. Individual Income Tax Return, you filed; the change affects your Illinois income, additions, subtractions, exemptions, or credits; and the change is final. Note: If the federal change results in a refund, do not file Form IL-1040-X until you receive notification that your change has been accepted by the IRS. For more information, see Form IL-1040-X and Instructions. What if I have household employees? You may use Form IL-1040 to pay your household employees’ Illinois withholding. For more details on how to pay withholding for your employees, see the instructions for Line 20. What if I change my address? If you change your address after you file, visit our website or call us to tell us your new address and the date you moved. What if I am an injured spouse? If you are married and you filed a joint federal return with your spouse and you are an injured spouse (e.g., your spouse owes a liability, for which you are not responsible, to a government agency), you may elect to file separate Illinois returns using the “married filing separately” filing status. You may make this election up until the extended due date of your return, and once the election is made, it is irrevocable for the tax year. Note: If you file a joint Illinois return, we may take the entire refund to pay your spouse’s liability. What if I participated in a potentially abusive tax avoidance transaction? If you participated in a reportable transaction, including a “listed transaction,” during this tax year and were required to disclose that to the IRS, you are also required to disclose that information to Illinois. You must send us two copies of the form you used to disclose the transaction to the IRS. You must • attach one copy to your tax return, and • mail a second copy to the Illinois Department of Revenue, P.O. Box 19029, Springfield, Illinois 62794-9029. Note: Employee benefit plans and other subtractions allowed on Form IL-1040, Lines 5 through 7, are not reportable transactions. For more information, contact the IRS or your tax professional. tax.illinois.gov 5 |
Enlarge image | Lines A-D Step-by-Step Instructions Line B Step 1 Personal Information Filing status In general, you should use the same filing status as on your federal Line A return. However, Name, year of birth, Social Security number, mailing • if you file a federal return as a “Surviving Spouse,” choose address, and email address “Widowed” for your filing status. Print your full name, year of birth (YYYY), Social Security number • if you file a joint federal return and you are an injured spouse (SSN), address, and email address. If you are married and filing (your spouse owes a liability, for which you are not a joint return, print both names, years of birth, and SSNs as they responsible, to a government agency), you should file separate appear on your federal return. If you are married and filing separate Illinois returns using the “married filing separately” filing status. returns, print your full name and SSN and your spouse’s full name Do not recalculate any items on your federal return. Instead, and SSN if you have it. Also include the Illinois county you lived in as you must divide each item of income and deduction shown on of 12/31/2023. If you were an Illinois resident during any part of the your joint federal return between your separate Illinois returns year but are no longer living in Illinois, enter the county name you following the Allocation Worksheet on Page 17. lived in while an Illinois resident. If you did not live in Illinois during You may choose to file separately as an injured spouse only until the tax year, leave the county name blank. the extended due date of the return, and once you choose a Note: If you do not qualify for a SSN and were issued an Individual filing status, the decision is irrevocable for the tax year. Taxpayer Identification Number (ITIN) by the IRS, enter your ITIN. Note: If you choose to file a joint Illinois return, we may take the entire refund to pay your spouse’s liability. Note: Do not redact your SSN as it can cause processing delays. • If you file a joint federal return and one spouse is a full-year Illinois resident while the other is a part-year resident or a nonresident (e.g., military personnel), you may choose to file Filing a decedent’s return “married filing separately.” Do not recalculate any items on your When you are filing a joint return as a surviving spouse federal return. Instead, you must divide each item of income • print your name and your spouse’s name on the and deduction shown on your joint federal return between your appropriate lines. separate Illinois returns following the Allocation Worksheet on • write “deceased” and the date of death above your Page 17. spouse’s name. If you choose to file a joint Illinois return, you must treat both • sign your name in the area provided for your signature, your spouse and yourself as residents. This election is and write “filing as surviving spouse” in place of the irrevocable for the tax year. You may be allowed a credit decedent’s signature. for income tax paid to another state on Schedule CR, Credit If you, as the surviving spouse, are due a refund, the refund for Tax Paid to Other States. For more information, see the will be issued directly to you. You are not required to complete Schedule CR Instructions. Form IL-1310, Statement of Person Claiming Refund Due a Deceased Taxpayer. Line C When you are filing a return on behalf of a single deceased Dependent status taxpayer If someone else can claim you, or your spouse if you are married and • print the name of the taxpayer on the appropriate line. filing a joint return, as a dependent, check the corresponding box. • write “deceased” and the date of death above the decedent’s name. • write “in care of,” and the executor’s name and address. Line D A personal representative, such as an executor or administrator, Resident status must sign and date the return. The representative’s title and If you are filing your return as a nonresident of Illinois, check the telephone number must be provided. Nonresident box. If you are filing your return as a part-year resident Attach: If you are filing a return on behalf of a single deceased of Illinois, check the Part-year resident box. Be sure to complete and taxpayer and a refund is due, attach Form IL-1310, Statement of attach Schedule NR to your IL-1040. Person Claiming Refund Due a Deceased Taxpayer. Attach: Schedule NR Foreign addresses Enter your • street address on the “Mailing address” line. • apartment number, if applicable. • city, province or state, and postal code on the “City, State, ZIP” lines in that order. Follow the country’s practice for entering the postal code. • country name on the “Foreign Nation” line. Do not abbreviate the country name. 6 tax.illinois.gov |
Enlarge image | Lines 1-9 Income Line 3 Step 2 Other additions Complete Schedule M if you have any of the following items: Line 1 Adjusted gross income • your child’s federally tax-exempt interest and dividend income as reported on federal Form 8814 Enter the adjusted gross income from your federal return. If you are not required to file a federal income tax return, use a federal • a distributive share of additions you received from a partnership, Form 1040 as a worksheet to determine your adjusted gross income. S corporation, trust, or estate • Lloyd’s plan of operation loss, if reported on your behalf on Form Net operating loss (NOL) IL-1065, and included in your adjusted gross income If you have a federal NOL this year, you may enter a • earnings distributed from IRC Section 529 college savings negative amount on Line 1. However, you must reduce the and tuition programs and ABLE plans if these earnings are not amount you enter on your 2023 Form IL-1040, Line 1, by any included in your adjusted gross income, Line 1 NOL that you carry back to prior years. • an addition amount calculated on Form IL-4562, Special If you deducted an NOL carryforward on your federal return Depreciation for this year and some of that NOL remains available to carry • business expense recapture (nonresidents only) forward to next year, your loss is limited to the amount used • recapture of deductions for contributions to Illinois college in this tax year to reduce your federal taxable income. Any savings plans and ABLE plans transferred to an out-of-state plan amounts carried forward to future years should not be used to • credit received on Schedule 1299-C for student-assistance reduce IL-1040, Line 1. Illinois does not allow you to deduct the contributions made as an employer on behalf of your employees same NOL twice. • deductions claimed in prior years for college savings plan and ABLE plan contributions if you made a nonqualified withdrawal Line 2 this tax year Federally tax-exempt income • any other amounts that you are required to add to your federal Enter the amount of federally tax-exempt interest and dividend adjusted gross income income reported on federal Form 1040, U.S. Individual Income Tax For more information, see the Schedule M Instructions. Return, Line 2a. Schedule M and any required supporting documents. Attach: Note: Your distributive share of federally tax-exempt interest and dividend income received from a partnership, S corporation, trust, or estate is added back on Schedule M, Line 2. should not be included on Line 5. For more information, see the Schedule M Instructions. See Publication 120 for detailed information Step 3 Base Income about what retirement income you may subtract. Attach: Federal Form 1040 or 1040-SR, Page 1 and Schedule 1, and Line 5 any W-2 and 1099 forms. If your retirement income is not reported on Social Security benefits and certain retirement plans your federal Form 1040 or 1040-SR, Lines 4b, 5b, or 6b, or shown on Enter the amount of federally taxed Social Security and retirement your W-2 and 1099 forms, see Publication 120 for a list of any additional income included in your adjusted gross income on Form IL-1040, required attachments. Line 1 that you received from • qualified employee benefit plans (including railroad retirement Line 6 and 401(K) plans) and Individual Retirement Accounts or self- Illinois Income Tax overpayment employed retirement plans reported on federal Form 1040 or Enter the total amount of any Illinois Income Tax overpayment 1040-SR, Line 4b and 5b. (including any amount that was credited to another tax liability) and • Social Security and railroad retirement benefits reported on 2022 Illinois income tax or property tax rebate that you received in federal Form 1040 or 1040-SR, Line 6b. 2023 and was reported as income on your 2023 federal Form 1040 or 1040-SR, Schedule 1, Line 1. Do not include other states’ refunds • government retirement and government disability plans on this line. and group term life insurance premiums paid by a qualified retirement plan reported as wages on your federal Form 1040 Line 7 or 1040-SR, Line 1z. Other subtractions • state or local government deferred compensation plans You may be entitled to subtract other items from your income. See reported on federal Form 1040 or 1040-SR, Line 1z and 5b. the instructions for Schedule M to see if you are eligible for other • certain capital gains on employer securities reported on federal subtractions. Form 1040 or 1040-SR, Line 7. Attach: Schedule M and any required supporting documents. • certain retirement payments made directly to retired partners reported on federal Form 1040 or 1040-SR, Schedule Line 9 1, Line 5. Base income Note: Your beneficiary share of payments from certain retirement This line may not be less than zero. If the result is a negative plans and retirement payments to retired partners reported on number, enter “zero.” Schedule K-1-T, Beneficiary’s Share of Income and Deductions, tax.illinois.gov 7 |
Enlarge image | Lines 10-13 Line 10b Step 4 Exemptions If you (or your spouse if married filing jointly) were 65 or older, check the appropriate box(es). Multiply the number of boxes checked by Line 10 $1,000 and enter the amount on Line 10b. Illinois exemption allowance See Income Exceptions in the box below. Line 10c If you (or your spouse if married filing jointly) were legally blind, Line 10a check the appropriate box(es). Multiply the number of boxes checked See chart to figure your exemption amount for this line. by $1,000 and enter the amount on Line 10c. Filing Status Did you Base Exemption Line 10d check either income from Amount - If you are claiming dependents, complete Schedule IL-E/EIC, and box on Step Line 9 or enter this enter the amount from Step 2, Line 1, on Line 10d. 1, Line C? Schedule amount on NR, Line 46 Step 4, Line Attach: Schedule IL-E/EIC. 10a: Single* No **any amount $2,425 **Income Exceptions Single* Yes $2,425 or $2,425 If your federal filing status is married filing jointly and your federal below AGI is greater than $500,000, you are not entitled to an exemption allowance on Line 10. Enter “zero” on Line 10. Single* Yes $2,426 or $0 greater If your federal filing status is single, head of household, married Married filing No **any amount $4,850 filing separately, or widowed and your federal AGI is greater than jointly $250,000, you are not entitled to an exemption allowance on Line 10. Married filing Yes - only $2,425 or $4,850 Enter “zero” on Line 10. jointly one below Married filing Yes - only $2,426 or $2,425 jointly one greater Married filing Yes - both $4,850 or $4,850 jointly below Married filing Yes - both $4,851 or $0 jointly greater *Single filing status includes Head of Household, Widowed, and Married filing separately. **See Income Exceptions. Step 5 Net Income and Tax Line 12 Tax amount Line 11 Illinois residents: Follow the instructions on the form. Illinois residents only – Net income Nonresidents and part-year residents only: Enter your tax from This line may not be less than zero. If the result is a negative Schedule NR, Line 52. number, enter zero “0.” Attach: Schedule NR. Nonresidents and part-year residents only – Net income Line 13 Complete Schedule NR. Enter the amount from Schedule NR, Line 51, on Line 11. This line may not be less than zero. If the result is Recapture of investment tax credits a negative number, enter zero “0.” If you claimed an investment credit in a previous year, and the Note: Be sure to check the box in Step 1, Line D, to identify whether property considered in the computation of that investment credit was you were a nonresident or a part-year resident of Illinois during 2023. disqualified within 48 months after being placed in service, or if you are required to recapture an additional income tax credit claimed in Attach: Schedule NR. a prior tax year, you must complete Schedule 4255, Recapture of Investment Tax Credits, and enter the recapture amount on this line. Attach: Schedule 4255. 8 tax.illinois.gov |
Enlarge image | Lines 15‑21 Income Exceptions for the property tax and K-12 Tax After Nonrefundable Step 6 education expense credit Credits If your federal filing status is married filing jointly and your federal AGI is greater than $500,000, you are not entitled to a property tax credit Form IL‑1040, Line 15 + Line 16 + Line 17 or a K-12 education expense credit. cannot be greater than Line 14. If your federal filing status is single, head of household, married Line 15 filing separately, or widowed and your federal AGI is greater than Income tax paid to another state – Illinois residents and $250,000, you are not entitled to a property tax credit or a K-12 education expense credit. part-year residents only If you were taxed by another state on income you received while you Note: These exceptions do not apply to the Volunteer Emergency were an Illinois resident, you may be entitled to this credit. See the Worker Credit Schedule CR Instructions and Publication 111, Illinois Schedule CR for Individuals, to see if you are eligible to take this credit. Attach: Schedule ICR and any required supporting documents. Attach: Schedule CR, Pages 1 through 3. Line 17 Credit from Schedule 1299-C Line 16 You may be entitled to credits from Schedule 1299-C. See the Property tax, K-12 education expense, and Volunteer instructions for Schedule 1299-C and Schedule 1299-I to determine if Emergency Worker credits you are eligible for these credits. You may be entitled to credit for property tax and K-12 education Attach: Schedule 1299-C and any required supporting documents. expenses you paid. If you received a voluntary emergency worker credit certificate, then you are entitled to the volunteer emergency worker credit. See the instructions for Schedule ICR to see if you are eligible for these credits. Step 7 Other Taxes When must I pay Illinois Use Tax to IDOR? You must pay Illinois Use Tax to IDOR if • the items you bought are taxable in Illinois, Line 20 • you used or consumed these items in Illinois, and Household employment tax • when you purchased the items you either Enter the amount of Illinois Income Tax you withheld from a did not pay any sales tax to the seller, or household employee. See Publication 121, Illinois Income Tax paid sales tax at less than Illinois’ Use Tax rates of 6.25 percent Withholding for Household Employees, for details on how to figure for general merchandise and 1 percent for food and drugs. the amount to withhold and report. For example, if you purchased Note: Do not report household employee withholding here if you • a computer over the internet for use in Illinois and paid no sales have already reported or paid this amount using Form IL-941, Illinois tax, you owe 6.25 percent Illinois Use Tax. Withholding Income Tax Return. • jewelry while vacationing in Georgia upon which you paid 4 percent sales tax and which you brought back to Illinois, you will Line 21 owe Illinois Use Tax on the 2.25 percent difference in tax rates. Use tax • cheese by mail order from a company in Wisconsin and paid no Enter the amount of Illinois Use Tax you owe. Use the Use Tax (UT) sales tax, you owe 1 percent Illinois Use Tax. Worksheet or Use Tax (UT) Table to determine your use tax. You How do I determine the Illinois Use Tax I owe? must make an entry on Line 21 (enter “zero” if you are not paying To determine the Illinois Use Tax you owe, check your records to see use tax on Form IL-1040). if you were charged tax on internet, mail order, or other out-of-state Note: If you owe more than $600 in use tax ($1,200 for married filing purchases and use the UT Worksheet to calculate your tax. jointly taxpayers), you must file Form ST-44, Illinois Use Tax Return. If your records are incomplete and you had Note: You cannot change the amount of Illinois Use Tax you enter on • major purchases, add the actual cost of your major purchases to Form IL-1040 by filing a Form IL-1040-X. the estimated cost of any other purchases you made during the year. Enter the total on Lines 1a or 2a of the UT Worksheet to Note: Do not report Illinois Use Tax here if you have already reported calculate the use tax you owe. or paid this amount using Form ST-44. • no major purchases, use the UT Table to help you estimate the What is Illinois Use Tax? use tax you owe. Illinois Use Tax is a form of sales tax that you, as the purchaser, owe Enter the Illinois Use Tax from the UT Worksheet or UT Table on on items that you buy for use in Illinois. If the seller does not collect Form IL-1040, Line 21. this tax from you, you must pay the tax to the Illinois Department of Note: If we find that you owe additional tax, we may assess the Revenue (IDOR). The most common purchases on which the seller additional tax plus applicable penalties and interest. We conduct does not collect Illinois Use Tax are those made through the internet, routine audits based on information received from third parties, from a mail order catalog, or when traveling outside Illinois. including the U.S. Customs Service and other states. tax.illinois.gov 9 |
Enlarge image | Line 21 Use Tax (UT) Worksheet Complete this worksheet to report and pay your use tax on Form IL-1040. If your annual use tax liability is over $600 ($1,200 if married filing jointly), you must file and pay your use tax with Form ST-44. Note: Do not include any • items for which you paid sales tax in another state (but not in another country) of 6.25% or more on Line 1a and 1% or more on Line 2a. • sales tax you paid in another state, on Line 4, for items not included in Lines 1a or 2a. 1a Enter the total cost of general merchandise you purchased to use in Illinois on which you did not pay the required amount of Illinois Use Tax. 1a .00 1b Multiply Line 1a by 6.25% (.0625). Round the result to whole dollars. 1b .00 2a Enter the total cost of qualifying food, non-prescription drugs, and medical appliances you purchased to use in Illinois on which you did not pay the required amount of Illinois Use Tax. 2a .00 2b Multiply Line 2a by 1% (.01). Round the result to whole dollars. 2b .00 3 Add Lines 1b and 2b. This is your use tax on purchases. 3 .00 4 Enter the amount of sales tax you paid in another state (not in another country) on the items included on Lines 1a and 2a. 4 .00 5 Subtract Line 4 from Line 3. Enter the result here and on Form IL-1040, Line 21 (if the result is less than zero, enter “zero”). 5 .00 Note: Be sure to keep this worksheet with your income tax records. You must send us this information if we request it. Use Tax (UT) Table If you had no major purchases and you do not have receipts to figure your purchases, use this table to estimate your annual Illinois Use Tax liability. AGI (from Form IL-1040, Line 1) Use Tax $0 - $10,000 $3 $10,001 - $20,000 $8 $20,001 - $30,000 $13 $30,001 - $40,000 $18 $40,001 - $50,000 $23 $50,001 - $75,000 $31 $75,001 - $100,000 $44 Above $100,000 Multiply AGI by 0.05% (0.0005) 10 tax.illinois.gov |
Enlarge image | Line 22 Line 22 What is the Sale of Assets by Gaming Licensees surcharge? Compassionate Use of Medical Cannabis Program Act For each taxable year beginning in 2019 through 2027, the amount and sale of assets by gaming licensee surcharges of the surcharge is equal to the amount of federal income tax liability Compassionate Use of Medical Cannabis Program Act attributable to those sales and exchanges. Definitions To whom does the Sale of Assets by Gaming Licensees surcharge apply? Organization registrant means a corporation, partnership, trust, limited liability company (LLC), or other organization, that holds The surcharge is imposed on any taxpayer who incurs a federal either a medical cannabis cultivation center registration issued by the income tax liability on the income realized on a “transaction subject Illinois Department of Agriculture or a medical cannabis dispensary to the surcharge,” including individuals and other taxpayers who registration issued by the Illinois Department of Financial and are not themselves the “organization licensee” that engaged in the Professional Regulation. transaction. The surcharge imposed shall not apply if Transactions subject to the surcharge means sales and exchanges of • the organization gaming license, organization license, or racetrack property is transferred as a result of any of the • capital assets, following: • depreciable business property, • real property used in the trade or business, and • bankruptcy, a receivership, or a debt adjustment initiated by • Section 197 intangibles or against the initial licensee or the substantial owners of the initial licensee; of an organization registrant. • cancellation, revocation, or termination of any such license What is the Compassionate Use of Medical Cannabis Program by the Illinois Gaming Board or the Illinois Racing Board; Act surcharge? • a determination by the Illinois Gaming Board that transfer of For each taxable year beginning or ending during the Compassionate the license is in the best interests of Illinois gaming; Use of Medical Cannabis Program, a surcharge is imposed on all • the death of an owner of the equity interest in a licensee; taxpayers on income arising from the transactions subject to the surcharge of an organization registrant under the Compassionate • the acquisition of a controlling interest in the stock or Use of Medical Cannabis Program Act. substantially all of the assets of a publicly traded company; The amount of the surcharge is equal to the amount of federal • a transfer by a parent company to a wholly owned income tax liability for the taxable year attributable to the transactions subsidiary; or subject to the surcharge. • the transfer or sale to or by one person to another person To whom does the surcharge apply? where both persons were initial owners of the license when the license was issued; or The surcharge is imposed on any taxpayer who incurs a federal income tax liability on the income realized on a “transaction subject • the controlling interest in the organization gaming license, to the surcharge,” including individuals and other taxpayers who organization license, or racetrack property is transferred in a are not themselves the “organization registrant” that engaged in the transaction to lineal descendants in which no gain or loss is transaction. recognized or as a result of a transaction in accordance with Section 351 of the Internal Revenue Code in which no gain or A line has been included on Schedule K-1-P, Partner’s or loss is recognized; or Shareholder’s Share of Income, Deductions, Credits, and Recapture, and Schedule K-1-T, Beneficiary’s Share of Income and Deductions, • live horse racing was not conducted in 2010 at a racetrack to identify the amount of federal income attributable to transactions located within 3 miles of the Mississippi River under a license subject to the surcharge that was passed through to you on federal issued pursuant to the Illinois Horse Racing Act of 1975. Schedule K-1. The transfer of an organization gaming license, organization license, or racetrack property by a person other than the initial licensee to Sale of Assets by Gaming Licensees receive the organization gaming license is not subject to a surcharge. Definitions A line has been included on Schedule K-1-P, Partner’s or Gaming licenseemeans an organization licensee under the Illinois Shareholder’s Share of Income, Deductions, Credits, and Recapture, Horse Racing Act of 1975 and/or an organization gaming licensee and Schedule K-1-T, Beneficiary’s Share of Income and Deductions, under the Illinois Gambling Act. to identify the amount of federal income attributable to transactions Transactions subject to the surcharge means income arising from subject to the surcharge that was passed through to you on federal sales and exchanges of Schedule K-1. • capital assets, How do I figure the surcharge? • depreciable business property, If either surcharge applies to you, complete the Surcharge • real property used in the trade or business, and Worksheet. • Section 197 intangibles of a gaming licensee. Surcharge Worksheet 1 Enter your federal income tax liability for the taxable year. 1 _________________ 2 Enter your federal income tax liability for the taxable year computed as if transactions subject to the surcharge made in that year had not been made. 2 _________________ 3 Subtract Line 2 from Line 1. This is your Surcharge. Enter the result here and on Form IL-1040, Line 22. 3 _________________ tax.illinois.gov 11 |
Enlarge image | Lines 25‑32 Payments and Step 8 Step 9 Total Refundable Credit Line 25 Line 31 Illinois Income Tax withheld If Illinois income tax was withheld from your income for 2023, see the If Line 30 is greater than Line 24, subtract Line 24 from Line 30. instructions for Schedule IL-WIT. Attach: Schedule IL-WIT and all your Forms W-2 and 1099 showing Line 32 Illinois income and withholding. If Line 24 is greater than Line 30, subtract Line 30 from Line 24. Line 26 Estimated income tax payments Enter the total of any payments you made with • Form IL-1040-ES, Estimated Income Tax Payments for Individuals; • Form IL-505-I; and • any overpayment applied to your 2023 estimated tax from a prior year return. Note: If you expect your yearly tax liability to be greater than $1,000 after subtracting your withholding, pass-through withholding payments, and credits, you may be required to make estimated income tax payments. For more information, see Line 33 and the instructions for Form IL-2210, Computation of Penalties for Individuals. Line 27 Pass-through withholding Enter the total of any pass-through withholding (income tax paid) made on your behalf by a partnership, S corporation, or trust and shown on Schedule K-1-P or Schedule K-1-T for this tax year. Attach: Schedule K-1-P or Schedule K-1-T. Line 28 Pass-through entity tax credit Enter the total share of pass-through entity tax credit passed through to you by a partnership, S corporation, or trust and shown on Schedule K-1-P or Schedule K-1-T for this tax year. Attach: Schedule K-1-P or Schedule K-1-T. Line 29 Earned Income Tax Credit New! If you did not qualify for a federal Earned Income Tax Credit (EITC), you may qualify for the Illinois Earned Income Tax Credit. See Schedule IL-E/EIC Instructions for more information. Complete Schedule IL-E/EIC to determine the amount of your credit. Attach: Schedule IL-E/EIC. Line 30 Total payments and refundable credit Add Lines 25, 26, 27, 28, and 29, and enter the total on Line 30. 12 tax.illinois.gov |
Enlarge image | Lines 33-34 payments from the sale of farmland and farm equipment, nor Underpayment of does it include income received by a custom grain harvester Step 10 who performs grain harvesting and hauling services on farms Estimated Tax Penalty he or she does not own, rent, or lease. It also does not include the wages of a farm employee or cash rent. and Donations Note: Only complete this step for late-payment penalty for Line 33b underpayment of estimated tax or to make a voluntary charitable Nursing home residents donation. Check the box if you or your spouse are 65 years of age or older and permanently living in a nursing home. Line 33 Late-payment penalty for underpayment of estimated tax Line 33c If you Annualized income • have a tax liability greater than $1,000 after subtracting your Check the box if you annualized your income on Form IL-2210, Step 6. withholding, pass-through withholding payments, and credits, or Attach: Form IL-2210. • were required to make estimated tax payments and failed to pay the required amount by the payment due dates, you may owe a late-payment penalty for underpayment of estimated tax. Line 33d See Form IL-2210 for details. Previous year Form IL-1040 not required Check the box if you were not required to file a Form IL-1040 in the Note: If you are 65 years of age or older and you permanently live previous tax year. in a nursing home, or if at least two-thirds of your federal gross income is from farming, you are not required to make estimated tax payments and are not subject to a late-payment penalty for Line 34 underpayment of estimated tax. Note: You do not owe a late-payment penalty for underpayment of estimated tax if you were not required to file a Form IL-1040 last Donations year. You may contribute to one or more charitable contribution funds. Note: If you owe this penalty, you should consider increasing your Contributions to the funds may be in any amount of $1 or more and withholding or the amount of your estimated tax payments. For more will decrease your refund or increase your balance due. information, see the Form IL-1040-ES Instructions and Form IL-W-4, Employee’s Illinois Withholding Allowance Certificate. Note: You cannot change your contributions to these funds on an amended return. Attach: Schedule G. Let us figure your penalty and bill you Figuring your own penalty can be difficult. We encourage Line 35 you to file your Form IL-1040 and pay the tax you owe Add Lines 33 and 34. without including any penalty. If you owe this penalty, we will figure the amount and bill you. Note: If you annualized your income, you must complete Form IL-2210. See the instructions for Line 33c. Line 33a Farmers Check the box if at least two-thirds of your total federal gross income came from farming. Total federal gross income includes your spouse’s income if your filing status is “married filing jointly.” Federal gross income from farming “Federal gross income from farming” is the amount of income you received from your participation in the production of crops, fruits, fish, livestock (used for draft, breeding, or dairy purposes), or other agricultural products. This includes income from the operation of a stock, dairy, poultry, fruit, or truck farm, plantation, ranch, nursery, range, or orchard – regardless of whether the operation is organized as a sole proprietorship, a partnership, an S corporation, or a trust. “Federal gross income from farming” also includes a share of crops produced in exchange for the use of the land. See IRS Publication 225, Farmer’s Tax Guide. “Federal gross income from farming” does not include tax.illinois.gov 13 |
Enlarge image | Lines 37-39 For a savings account, you must contact your financial Step 11 Refund or amount you owe institution for your account number. Do not take your account and routing numbers from Line 36 your checking or savings account deposit slip or include Overpayment your check number. Include hyphens, but omit spaces and If you have an amount on Line 31 and this amount is greater than special symbols. You may have unused boxes. Line 35, subtract Line 35 from Line 31. If the amount on Line 31 is Note: Some financial institutions may not allow a refund less than the amount on Line 35, leave this Line blank. If you would to be deposited into an account if the names on the account like to receive your overpayment as a refund, complete Lines 37 and are not the same names that appear on the refund. If your 38. If you would like to have your overpayment credited to your future financial institution does not honor your request for direct Illinois individual income taxes, complete Line 39. Note: You can split deposit, we will send you a check instead. your overpayment to receive part as a refund and part as a credit Note: We do not support international ACH transactions. We will only carry forward. Enter the amount of each on the corresponding lines deposit refunds into accounts located within the United States. If your and make sure the total of Lines 37 and 39 are equal to Line 36. financial institution is located outside the United States, we will send you a check instead of depositing your refund into your account. Line 37 Refund Direct deposit into “Bright Start” or “Bright We will not refund any amount less than $1. We also will reduce Directions” any overpayment by the amount of any outstanding tax, penalties, If you choose to deposit your refund into your “Bright Start” and interest you owe and by amounts you owe to other agencies or or “Bright Directions” College Savings Pool account, follow the governments, if those debts have been certified to us. instructions below. For “Bright Start” you must, Line 38 • enter “101000695” as the routing number. Choose your refund method • check the “Savings” box. Check the box next to the method by which you would like to receive • enter “1111514” plus your ten digit “Bright Start” account your refund. You may only check one box. number. Note: If this is the first year you are filing a Form IL-1040, your refund For “Bright Directions” you must, will be issued as a paper check. • enter “104910795” as the routing number. Direct Deposit • check the “Savings” box. If you use direct deposit, you will get your refund faster. You must • enter “529” plus your nine digit “Bright Directions” account enter your routing number, account number, and select either number. checking or savings. Paper Check Direct deposit into checking or savings If you choose to receive a paper check, your check will be mailed to If you choose to deposit your refund directly into your checking the address entered on your return. or savings account, you must • enter your routing number. Line 39 For a checking account, your routing number must be Amount of overpayment to be credited forward nine digits and the first two digits must be 01 through Subtract Line 37 from Line 36. This is the amount of overpayment 12 or 21 through 32. you elect to be applied against your estimated tax obligation. The sample check below has an example of a routing number. Note: We will reduce any credit to your estimated tax by the amount of any outstanding tax, penalties, and interest you owe. If your credit For a savings account, you must contact your financial is reduced, you may owe a late-payment penalty for underpayment institution for your routing number. of estimated tax. For more information, see Form IL-1040-ES. • check the appropriate box to indicate that you want your refund deposited into your checking or savings account. To which tax period will my credit apply? • enter your account number. We will apply your credit to the tax period for which estimated payments currently are due based on the date you file this 2023 For a checking account, your account number may be up return. to 17 digits. Example 1: You file your 2023 calendar year return on The sample check below has an example of an account October 6, 2024, which is before the last estimated tax due date for number. 2024 (January 15, 2025, for calendar year filers). You request your $500 overpayment be applied against your estimated tax. We will apply $500 to your 2024 estimated tax. Example 2: You file your 2023 calendar year return on February 3, 2025, which is after the last estimated tax due date for 2024 (January 15, 2025, for calendar year filers). You request your $500 overpayment be applied against your estimated tax. We will apply $500 to your 2025 estimated tax. 14 tax.illinois.gov |
Enlarge image | Lines 39-40 With what date will my credit apply against my estimated Line 40 tax? Amount you owe If your 2023 return was filed If you owe less than $1, you do not have to pay, but you still must file • on or before the extended due date of your return your tax return. (October 15, 2024, for calendar year filers), your credit is considered to be paid on the original due date of your 2023 Your tax payment is due on or before April 15, 2024. return (April 15, 2024, for calendar year filers). Payment options - scan this QR code for electronic Example 1: You file your 2023 calendar year return on payment options. or before the extended due date of your return requesting $500 be applied against estimated tax. All of your payments are made before the original due date of your return. Your credit of $500 will be considered to be paid on April 15, 2024. You may pay by However, if all or a portion of your overpayment results from • electronic payment. To have your payment electronically payments made after the original due date of your 2023 return, taken from your checking or savings account, that portion of your credit is considered to be paid on the date you made the payment. visit mytax.illinois.gov, or Example 2: You file your 2023 calendar year return on ask your tax professional. or before the extended due date of your return requesting You need the same information that is required for direct $500 be applied against estimated tax. Your overpayment deposit (see the instructions for Line 38) plus your IL-PIN includes payments of $400 you made before the original (Illinois Personal Identification Number). due date of your return, and a $100 payment you made on Warning: Many credit unions will not allow an June 1, 2024. Your credit of $400 will be considered to be electronic debit from a savings account. Please check paid on April 15, 2024. The remaining $100 credit will be with your financial institution. considered to be paid on June 1, 2024. • after the extended due date of your return, your credit is Note: We do not support international ACH transactions. considered to be paid on the date you filed the return on which We will only debit your account if your financial institution you made the election. is located within the United States. If your financial Example 3: You file your 2023 calendar year institution is located outside the United States, you must return on December 1, 2024, requesting $500 be applied choose another payment option. against estimated tax. Your credit of $500 will be considered • credit card. Use your MasterCard, Discover, American to be paid on December 1, 2024, because you filed your Express, or Visa. The credit card service provider will return after the extended due date of your 2023 calendar assess a convenience fee. Have your credit card ready year return. and visit our website, or call one of the following: May I apply my credit to a different tax period? ACI Payments, Inc. (formerly know as Official Yes. If you wish to apply your credit to a tax period other than the one Payments Corporation) at 1 833 747-1434. described above, you must submit a separate request in writing to: payILtax at 1 888 9-PAY-ILS (1 888 972-9457). ILLINOIS DEPARTMENT OF REVENUE PO BOX 19023 Link2Gov/FIS at 1 877 578-2937. SPRINGFIELD IL 62794-9023 In person at any IDOR Regional office. Note: You must submit your request to the address above at the time • check or money order. Make the check or money order you file your return. payable to “Illinois Department of Revenue” (not IRS). Your request must include Write the taxpayer’s Social Security number, the spouse’s • your name, Social Security number if filing jointly, and the tax year in • your SSN, the lower left corner of the payment. • the tax period of the return creating the overpayment, and Payments must be U.S. negotiable currency, expressed in • the tax period you wish to have the credit apply. U.S. dollars, and drawn on a U.S. bank. If your request does not contain this information, your election will be • cash. Pay by cash at the Springfield or Chicago IDOR considered invalid and we will not apply your credit as you requested. office. If you submit a valid request, we will apply your credit as you requested Attach: Staple your check or money order and Form and notify you. Once made, your election to change the tax period to IL-1040-V, Payment Voucher for Individual Income Tax, to which your credit will apply is irrevocable. the front of your paper Form IL-1040. Note: You may only apply your credit to tax periods occurring after the Late filing or late payment period of the return creating the overpayment. If you request to apply If you do not file or pay your tax on time, you may more credit than our records show you have available, we will apply the owe penalties and interest. We will send you a bill. maximum amount available and notify you of the difference. If you prefer to figure the penalties yourself, complete Form IL-2210. tax.illinois.gov 15 |
Enlarge image | Line 41 Health Insurance Step 12 Checkbox and Signature Line 41 If you check this box, you are authorizing IDOR to provide Paid preparer you with health insurance eligibility information and to If you pay someone to prepare your return, the paid preparer must share your contact and income information with the State also sign and date your return, provide a phone number, and enter health benefits exchange. their Preparer Tax Identification Number (PTIN) issued by the IRS. Check the box if the paid preparer is self-employed. If the paid Note: If you checked this box on your prior year Form preparer is employed with a professional tax preparation firm, the IL-1040, you do not need to check it again. The same paid preparer also must provide the name, the Federal Employer information as what was provided previously will be sent Identification Number (FEIN), the address, and phone number of the again. firm. Per P.A. 102-0799, IDOR will share your contact and income information with the Department of Healthcare and Family Services Third party designee (optional) (DHFS) and the Department of Insurance (DoI) in order to provide If you want to allow another person to discuss this return and any information to you about your eligibility for health insurance benefits. previous return that affects the liability reported on this return with us, The information provided to you will also include health insurance check the box and print the designee’s name and telephone number. enrollment options. The authorization will allow your designee to answer any questions The information shared with the other state agencies shall be kept that arise during the processing of your return, call us with questions confidential and used only in determining your eligibility for these about your return, and receive or respond to notices we send. You benefits. may revoke the authorization at any time by calling or writing us. Sign and date You, and your spouse if filing jointly, must sign and date your return. If you are filing for a minor as a parent or guardian, you must sign and date the return. If you do not sign your return, • it will be considered not filed and you may be subject to a nonfiler penalty. • and three years have passed since the extended due date of that return, any overpayment will be forfeited. Attach: Staple all required copies of forms and schedules, powers of attorney, and letters of estate or office to the tax return. Mailing your income tax return If no payment is enclosed, mail your return to: If a payment is enclosed, mail your return to: ILLINOIS DEPARTMENT OF REVENUE ILLINOIS DEPARTMENT OF REVENUE PO BOX 19041 PO BOX 19027 SPRINGFIELD IL 62794-9041 SPRINGFIELD IL 62794-9027 16 tax.illinois.gov |
Enlarge image | Allocation Worksheet Keep this worksheet with your income tax records. You must complete the Allocation Worksheet if you file a joint federal return, but choose to file “married filing separately” on your Illinois returns. In Column A, report the items of income and deductions as actually shown on your federal return, and then divide each item between you and your spouse in Columns B and C. – – Primary taxpayer’s name Primary taxpayer’s Social Security number – – Spouse’s name Spouse’s Social Security number Column A: Enter the amounts from your joint federal return. Column A Column B Column C Column B: Enter the primary taxpayer’s portion of the amount from Column A.Your joint Primary’s portion Spouse’s portion Column C: Enter the spouse’s portion of the amount from Column A. federal return of Column A of Column A 1 Wages, salaries, tips, etc. (federal Form 1040 or 1040-SR, Line 1z) 1 2 Taxable interest (federal Form 1040 or 1040-SR, Line 2b) 2 3 Ordinary dividends (federal Form 1040 or 1040-SR, Line 3b) 3 4 Taxable refunds, credits, or offsets of state and local income taxes (federal Form 1040 or 1040-SR, Schedule 1, Line 1) 4 5 Alimony received (federal Form 1040 or 1040-SR, Schedule 1, Line 2a) 5 6 Business income or loss (federal Form 1040 or 1040-SR, Schedule 1, Line 3) 6 7 Capital gain or loss (federal Form 1040 or 1040-SR, Line 7) 7 8 Other gains or losses (federal Form 1040 or 1040-SR, Schedule 1, Line 4) 8 9 Taxable IRAs (federal Form 1040 or 1040-SR, Line 4b) 9 10 Pensions & annuities (federal Form 1040 or 1040-SR, Line 5b) 10 11 Rental real estate, royalties, partnerships, S corporations, trusts, etc. (federal Form 1040 or 1040-SR, Schedule 1, Line 5) 11 12 Farm income or loss (federal Form 1040 or 1040-SR, Schedule 1, Line 6) 12 13 Unemployment compensation (federal Form 1040 or 1040-SR, Schedule 1, Line 7) 13 14 Taxable Social Security benefits (federal Form 1040 or 1040-SR, Line 6b) 14 15 Other income (federal Form 1040 or 1040-SR, Schedule 1, Line 9) 15 16 Educator Expenses (federal Form 1040 or 1040-SR, Schedule 1, Line 11) 16 17 Certain business expenses of reservists, performing artists, and fee-basis government officials (federal Form 1040 or 1040-SR, Schedule 1, Line 12) 17 18 Health savings account deduction (federal Form 1040 or 1040-SR, Schedule 1, Line 13) 18 19 Moving expenses for members of the Armed Forces (federal Form 1040 or 1040-SR, Schedule 1, Line 14) 19 20 Deductible part of self-employment tax (federal Form 1040 or 1040-SR, Schedule 1, Line 15) 20 21 Self-employed SEP, SIMPLE, and qualified plans (federal Form 1040 or 1040-SR, Schedule 1, Line 16) 21 22 Self-employed health insurance deduction (federal Form 1040 or 1040-SR, Schedule 1, Line 17) 22 23 Penalty on early withdrawal of savings (federal Form 1040 or 1040-SR, Schedule 1, Line 18) 23 24 Alimony paid (federal Form 1040 or 1040-SR, Schedule 1, Line 19a) 24 25 IRA deduction (federal Form 1040 or 1040-SR, Schedule 1, Line 20) 25 26 Student loan interest deduction (federal Form 1040 or 1040-SR, Schedule 1, Line 21) 26 27 RESERVED 27 28 Archer MSA deduction (federal Form 1040 or 1040-SR, Schedule 1, Line 23) 28 29 Other Adjustments (federal Form 1040 or 1040-SR, Schedule 1, Line 25) 29 30 Adjusted gross income (federal Form 1040 or 1040-SR, Line 11) 30 tax.illinois.gov 17 |
Enlarge image | Where the Fiscal Year 2023 Dollar Came From General Funds Revenues General Funds revenues totaled $53.134 billion in fiscal year 2023. Public Utility Lottery/Riverboat Taxes Miscellaneous The largest source of revenue to the General Funds was the personal transfers 1.4% 9.8% Individual Income income tax with receipts of $23.750 billion, accounting for 44.7% of total 1.7% Taxes revenues. Sales taxes were the second-largest source of revenue with Corporate 44.7% Income Taxes $10.451 billion, or 19.7% of total revenues. Other major sources included 11.0% federal revenues of $6.229 billion, or 11.7%; corporate income taxes of Federal $5.828 billion, or 11.0%; lottery and riverboat transfers of $883 million, or Revenues 11.7% 1.7%; and public utility taxes of $751 million, or 1.4%. All other sources of revenue, including insurance, cigarette, inheritance and liquor taxes, cannabis regulation transfers, and other miscellaneous sources totaled $5.242 billion for fiscal year 2023, accounting for 9.8% of total revenues. Sales Taxes 19.7% How the Fiscal Year 2023 Dollar Was Spent General Funds Expenditures In fiscal year 2023, expenditures from the General Funds totaled $50.837 By Function billion, which is $2.297 billion less than revenues received for the fiscal year. Education encompassed the largest portion of the General Funds Health and Social Education budget with fiscal year 2023 spending of $20.235 billion, or 39.8% of total Services 39.8% expenditures, including $16.066 billion for elementary and secondary 33.1% education (includes teacher retirement contributions) and $4.169 billion for higher education (includes retirement contributions). Health and Social Services expenditures (including spending for medical assistance, children and family services, the operation of mental health and developmentally Transfers Out disabled facilities and other related services) totaled $16.835 billion in fiscal 8.2% year 2023, accounting for 33.1% of total General Funds expenditures. Transfers-out of $4.196 billion from the General Funds primarily supported Public Protection All Other and General 4.2% debt service payments on bonds issued. Expenditures of $3.008 billion for Justice Government Public Protection and Justice included funding for the operation of prisons, 5.9% 8.8% courts and law enforcement. Other spending included $4.469 billion for General Government, and $2.148 billion for environmental assistance and employment and economic development. How the Fiscal Year 2023 Lottery Dollar Was Spent Lottery Expenditures Capital According to Illinois Office of Comptroller records, Illinois lottery Operational Projects revenues deposited into the State Treasury totaled $2.322 billion in Expenses Fund 13.2% 6.1% fiscal year 2023. Of this total, $2.314 billion was deposited into the State Lottery Fund while $8 million from special instant games was deposited into nine separate funds. Total Illinois State Lottery Fund expenditures of $2.263 billion in fiscal year 2023 included $1.099 billion, or 48.6%, for Education prizes; $726 million, or 32.1%, in transfers to the Common School Fund 32.1% for education; $138 million, or 6.1%, in transfers to the Capital Projects Fund; and $300 million, or 13.2%, for operational expenses of the Prizes 48.6% lottery, the largest component of which was $148 million for expenses of developing and promoting lottery games. For more information on how your money is being spent, call 217 782-6000 or 312 814-2451, or visit illinoiscomptroller.gov. 18 tax.illinois.gov |
Enlarge image | For Tax Assistance Visit our website for faster, easier service - 24 hours a day, 7 days a week. Learn about our electronic filing and payment options and get your IL‑PIN Get your 1099-G amount Check your estimated payments Check your refund status Get information about a notice or a bill Get answers to frequently asked questions Find a tax professional in your area Change your address Get information about Illinois Use Tax and Illinois Cigarette Use Tax you may owe Phone — Call 1 800 732-8866 or 217 782-3336 to speak with our staff . . . Business hours: 8:00 a.m. to 5:00 p.m. Monday through Friday Extended telephone hours for the 2023 filing season: • Friday, April 12, 2024 8:00 AM - 7:00 PM • Monday, April 15, 2024 7:30 AM - 7:00 PM for automated tax assistance . . . 24 hours a day, 7 days a week The number for our TTY is 1 800 544‑5304. Walk-in — Business hours for the Springfield office are 8:00 a.m. to 5:00 p.m. Monday through Friday. Springfield, IL — Willard Ice Building — 1 800 732-8866 or 217 782-3336 101 West Jefferson Street — 62702 Business hours for the following are 8:30 a.m. to 5:00 p.m. Monday through Friday. Chicago — 1 800 732-8866 555 West Monroe Street —Suite 1100 — 60661 Des Plaines — Suburban North Regional Building — 1 800 732-8866 Fairview Heights — 1 800 732-8866 9511 West Harrison Street — 60016 15 Executive Drive — Suite 2 — 62208 Marion — 1 800 732-8866 Rockford — 1 800 732-8866 2309 West Main Street —Suite 114 — 62959 200 South Wyman Street —61101 For Assistance or Forms, Instructions, and Publications Visit our website at tax.illinois.gov for assistance, publications, forms, instructions or schedules. Write us at Illinois Department of Revenue, P.O. Box 19001, Springfield, Illinois 62794-9001. During the filing season, Illinois forms are available at most libraries and at any taxpayer assistance office. Other Assistance For federal tax information —Call the IRS at 1 800 829-1040 or visit their website at www.irs.gov . For other free tax help for low-income and senior taxpayers — Visit a free tax preparation assistance location. To locate a site near you, visit our website, call us, or, if you live in Chicago, call 311. tax.illinois.gov 19 |