Over half of Illinois individual taxpayers can’t be wrong!
More than 4.7 MILLION chose an electronic method to file their IL-1040. If you, as a tax professional, do not currently offer the electronic filing option to your clients – start today and expand your client database. Electronic filing is the #1 choice for Illinois taxpayers. Call us at 1 866 440-8680, and we will provide you with one on one attention to get you set up and filing your clients’ IL-1040s electronically.
Schedule CU, Civil Union Income Report
Verbiage has been updated on the Schedule CU. It now states: You must file Schedule CU if you are in a civil union that is not treated as a marriage for federal income tax purposes.
Schedule 1299-C, Income Tax Subtractions and Credits (for individuals)
The Schedule 1299-C has removed the Enterprise Zone Dividend Subtraction and Jobs Tax Credit. In addition, the maximum credit for Ex-felons has increased and some of the qualifications have changed.
Schedule NR, Nonresident and Part-year resident Computation of Illinois Tax
The sale of Illinois Lottery payments must be reported as income. In addition, the calculation to determine non-Illinois self-employment (NSE) decimal has changed.
Schedule CR, Credit for Tax Paid to Other States
The calculation to determine non-Illinois self-employment (NSE) decimal has changed.
Schedule ICR, Illinois Credits
Schedule G, Voluntary Charitable Donations
Four funds have been removed from the Schedule G.
Forms 1099- INT, DIV, MISC and OID
These forms will now be accepted with an electronic IL 1040.