IllinoisDepartmentofRevenue                         

          Addendum   to the IL  ‐ 1040 and                                               Schedule                  M   Instructions                              

For taxpayers     who   received        a discharge        of indebtedness           attributable       to student        loan forgiveness         that is               
not excluded      from  the    taxpayer’s       federal     adjusted        gross    income       per Public    Act 102     1112     for‐ tax years                     
2021 and   2022.       

Instructions  
 
If you received a   discharge of indebtedness     attributable       to student    loan forgiveness     that was               not excluded       from your   federal      
adjusted gross  income,  follow  the    instructions    below:              
     o     If you have filed  your  Form    IL 1040,  ‐ Illinois Income     Tax Return,  for 2021   or 2022,   you must file a Form IL      1040   X,     ‐        ‐  
           Amended Illinois    Income       Tax Return     and include      Schedule  M, Other     Additions   and Subtractions       for Individuals.                
     o     If you have not filed you    return, file your   IL 1040,  ‐ Illinois Income     Tax Return,   and  include    Schedule   M,  Other Additions                      
           and Subtractions    for  Individuals,  for    the  correct      year.       
Include the amount    of   discharge of indebtedness       attributable       to student    loan forgiveness     that was              not excluded       from your      
federal adjusted  gross income   on     Schedule  M, Line     30, in addition    to any   subtraction   you would        already include    on this line.                 

Note: Include only  eligible   student    loan  debt    that was forgiven       after December      31, 2020,  and  included     in your federal   adjusted                  
gross income.  Forgiven  student    loan    debt that   may   have   been included       in your   federal adjusted      gross income  generally                   does 
not include: 
    any loan  provided  expressly      for postsecondary        educational       expenses,    regardless   of whether     provided   through     the             
     educational institution or   directly to   the borrower,        if such    loan was made,     insured,  or guaranteed       by             
           o    the United     States,  or   an instrumentality      or agency     thereof,          
           o    a State, territory,     or   possession of the   United     States,  or the   District of Columbia,      or any political   subdivision                
                thereof, or   
           o    an eligible   educational      institution   (as defined    in section   25A),          
    any private  education    loan     (as defined in section   140(a)(7)      of the   Truth in Lending   Act),             
    any loan  made   by   any educational     organization      described      in section   170(b)(1)(A)(ii)  if such   loan is made                
           o    pursuant to   an agreement        with     any entity described      in subparagraph       (A) or any   private education     lender (as                
                defined in   section 140(a)     of   the Truth   in Lending     Act) under   which the funds     from    which   the loan was   made     were                 
                provided to   such educational          organization,       or   
           o    pursuant to     a program of   such educational             organization which     is designed   to encourage     its students     to serve in             
                occupations with unmet          needs      or     in areas with unmet   needs   and under    which the    services   provided    by the                
                students (or   former       students)   are  for or under   the direction    of a governmental      unit or an   organization      described                 
                in section 501(c)(3)        and exempt     from  tax under      section  501(a),   or      
    any loan  made   by   an educational   organization       described    in section   170(b)(1)(A)(ii)     or by an     organization  exempt from      tax               
     under section  501(a)     to   refinance a loan    to an   individual  to assist   the individual  in attending     any such educational                     
     organization but only     if   the refinancing loan   is pursuant      to a program     of the refinancing    organization     which is designed       as              
     described in   subparagraph (C)(ii).         

IL 1040‐ Instructions Addendum      N 01/23  ‐                   Printed by   authority of   the state    of Illinois,   electronic only, one copy.