Skip to main content
 
 
 
 
Taxpayer Answer Center

Quick Links

Information For

About IDOR

Got Questions?

Does Schedule K-1-T need to be submitted to the department?

Answer #616 -- ( Published 10/27/2006 01:39 PM | Updated 07/12/2017 11:45 AM )

Does Schedule K-1-T need to be submitted to the department?

If you receive a Schedule K-1-T, Beneficiary's Share of Income and Deductions, from a trust or estate, then you must attach a copy of the Schedule K-1-T you received to your Illinois Income Tax return in order to report and claim any amounts you received. Please keep a copy of the Schedule K-1-T you received for your files. If you are the trust or estate that completes Schedule K-1-T you should send a copy to the beneficiary along with a copy of Schedule K-1-T(2), Beneficiary's Instructions, and maintain copies in your files. However, it is not necessary for you to submit to the Department copies of any Schedule K-1-T you issued to your beneficiaries. The beneficiary will do this when they claim the amounts on their income tax returns.

Answers others found helpful


Submit a question

:
:

: