- Debit Card Refunds
Beginning in 2013, taxpayers that use our free MyTax Illinois program to file their Form IL-1040 may choose to receive their Individual Income Tax refund as a debit card.
- Earned Income Credit
The Illinois Earned Income Credit (EIC) percentage has increased from 5 percent to 7.5 percent. If you claimed a federal EIC, you may now claim 7.5 percent of this credit on your Illinois return.
- Exemption Allowance
Taxpayers and their dependents will receive an increased standard exemption allowance this year. The standard exemption allowance has increased from $2,000 to $2,050 for tax year 2012.
- Form 1099-G
We no longer automatically mail 1099-G forms to report your prior year Illinois Individual Income Tax overpayment unless you specifically request a paper form. Instead, we ask that you get this information at our website. If you want us to mail you a paper Form 1099-G, you must check the appropriate box in Step 13 of your IL-1040.
- Same-Sex Civil Unions
Beginning with the 2012 tax year, if you are in a same-sex civil union you may file your Illinois return electronically. You must file your Illinois return as if you had filed your federal return as married (jointly or separately), and include the new Schedule CU, Civil Union Income Report, with your Illinois return. See the filing status instructions for details.
- Schedule 1299-C, Income Tax Subtractions and Credits
A River Edge Historic Preservation Credit, Live Theater Production Tax Credit, and Hospital Credit have been added to Schedule 1299-C. The Enterprise Zone Dividend Subtraction, Jobs Tax Credit, and
Veterans Jobs Credit have been modified. See the Schedule 1299-C Instructions for details. In addition, this form may now be filed electronically.
- Schedule G, Voluntary Charitable Donations
You may donate to several new charitable funds this year. See Schedule G for a description of each fund.
- Schedule M, Other Additions and Subtractions for Individuals
Schedule M, Other Additions and Subtractions for Individuals, includes a new subtraction for Will-Kankakee Regional Development Authority bonds.
- Underpayment of Estimated Tax Penalty
A new checkbox has been added to Step 11 of the IL-1040 for taxpayers that were not required to file an Illinois Individual Income Tax return in the previous tax year.