The Illinois Tax Form, officially known as Form IL-1040, is the document residents use to report their individual income tax to the state. This form gathers essential personal information and calculates the tax owed or the refund due. Understanding how to fill it out accurately can make tax season much smoother, so start your preparation by clicking the button below.
The Illinois Tax Form, known as the IL-1040, serves as a crucial tool for individuals filing their state income taxes. This form encompasses several important sections that guide taxpayers through the process of reporting their income, calculating exemptions, and determining their tax liabilities. It begins with personal information, requiring details like names, Social Security numbers, and filing status. Taxpayers must then report their income, including federal adjusted gross income and any federally tax-exempt interest. Following this, the form allows for various subtractions, leading to the calculation of base income. Exemptions are detailed next, where taxpayers can account for personal exemptions and any dependents. The tax calculation section follows, where individuals compute their net income and apply any nonrefundable credits. Payments made throughout the year, such as withheld taxes and estimated payments, are also reported, ultimately leading to a determination of whether a refund is due or if additional payment is required. With over 80% of taxpayers opting to file electronically, the process has become more efficient, allowing for quicker refunds and a streamlined experience. Understanding the nuances of the IL-1040 is essential for ensuring compliance and maximizing potential benefits.
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These misconceptions can lead to confusion and errors when filing your Illinois tax return. It's essential to have accurate information to ensure compliance and maximize potential refunds.
Illinois Department of Revenue
*60012211W*
2021 Form IL-1040
Individual Income Tax Return
or for fiscal year ending
/
Over 80% of taxpayers file electronically. It is easy and you will get your refund faster. Visit tax.illinois.gov.
Step 1: Personal Information Enter personal information and Social Security numbers (SSN). You must provide the entire SSN(s) - no partial SSN.
A Your first name and middle initial
Your last name
Year of birth
Your social security number
Spouse’s first name and middle intial
Spouse’s last name
Spouse’s year of birth
Spouse’s social security number
Mailing address (See inst. if foreign address)
Apartment number
City
State
Zip or postal code
Foreign nation if not US (do not abbreviate)
County (Illinois only)
Email address
B Filing status:
Single
Married filing jointly
Married filing separately
Widowed
Head of household
C Check If someone can claim you, or your spouse if filing jointly, as a dependent. See instructions.
You
Spouse
D Check the box if this applies to you during 2021:
Nonresident - Attach Sch. NR
Part-year resident - Attach Sch. NR
Staple W-2 and 1099 forms here
Staple your check and IL-1040-V
Step 2: Income
(Whole dollars only)
1
Federal adjusted gross income from your federal Form 1040 or 1040-SR, Line 11.
.00
2
Federally tax-exempt interest and dividend income from your federal Form 1040 or 1040-SR, Line 2a.
3
Other additions. Attach Schedule M.
4
Total income. Add Lines 1 through 3.
Step 3: Base Income
5
Social Security benefits and certain retirement plan income
received if included in Line 1. Attach Page 1 of federal return.
6Illinois Income Tax overpayment included in federal Form 1040 or 1040-SR,
Schedule 1, Ln. 1.
6
7
Other subtractions. Attach Schedule M.
Check if Line 7 includes any amount from Schedule 1299-C.
8
Add Lines 5, 6, and 7. This is the total of your subtractions.
9
Illinois base income. Subtract Line 8 from Line 4.
Step 4: Exemptions
10
a Enter the exemption amount for yourself and your spouse. See instructions.
a
b Check if 65 or older:
+
# of checkboxes x
$1,000
=
b
c Check if legally blind:
c
dIf you are claiming dependents, enter the amount from Schedule IL-E/EIC, Step 2, Line 1.
Attach Schedule IL-E/EIC.
d
Exemption allowance. Add Lines 10a through 10d.
Step 5: Net Income and Tax
11Residents: Net income. Subtract Line 10 from Line 9.
Nonresidents and part-year residents: Enter the Illinois net income from Schedule NR. Attach Schedule NR. 11
12
Residents: Multiply Line 11 by 4.95% (.0495). Cannot be less than zero.
Nonresidents and part-year residents: Enter the tax from Schedule NR.
13
Recapture of investment tax credits. Attach Schedule 4255.
`
14
Income tax. Add Lines 12 and 13. Cannot be less than zero.
Step 6: Tax After Nonrefundable Credits
15
Income tax paid to another state while an Illinois resident. Attach Schedule CR.
16Property tax and K-12 education expense credit amount from Schedule ICR.
Attach Schedule ICR.
16
17
Credit amount from Schedule 1299-C. Attach Schedule 1299-C.
18
Add Lines 15, 16, and 17. This is the total of your credits. Cannot exceed the tax amount on Line 14.
19
Tax after nonrefundable credits. Subtract Line 18 from Line 14.
Step 7: Other Taxes
20
Household employment tax. See instructions.
21Use tax on internet, mail order, or other out-of-state purchases from UT Worksheet or UT Table
in the instructions. Do not leave blank.
21
22
Compassionate Use of Medical Cannabis Program Act and sale of assets by gaming licensee surcharges.
23
Total Tax. Add Lines 19, 20, 21, and 22.
IL-1040 Front (R-12/21)
Printed by authority of the State of Illinois - web only, 1.
This form is authorized as outlined under the Illinois Income Tax Act. Disclosure of this information is required. Failure to provide information could result in a penalty.
*60012212W*
24
Total tax from Page 1, Line 23.
Step 8: Payments and Refundable Credit
25
Illinois Income Tax withheld. Attach Schedule IL-WIT.
26
Estimated payments from Forms IL-1040-ES and IL-505-I,
including any overpayment applied from a prior year return.
27
Pass-through withholding. Attach Schedule K-1-P or K-1-T.
28
Pass-through entity tax credit. Attach Schedule K-1-P or K-1-T.
29
Earned Income Credit from Schedule IL-E/EIC, Step 4, Line 8. Attach Schedule IL-E/EIC.
30
Total payments and refundable credit. Add Lines 25 through 29.
Step 9: Total
31
If Line 30 is greater than Line 24, subtract Line 24 from Line 30.
32
If Line 24 is greater than Line 30, subtract Line 30 from Line 24.
Step 10: Underpayment of Estimated Tax Penalty and Donations - Only complete Step 10 for late-payment penalty for underpayment of estimated tax or to make a voluntary charitable donation.
33 Late-payment penalty for underpayment of estimated tax.
33
a Check if at least two-thirds of your federal gross income is from farming.
b Check if you or your spouse are 65 or older and permanently living in a nursing home.
c Check if your income was not received evenly during the year and you annualized your income on Form IL-2210. Attach Form IL-2210.
d Check if you were not required to file an Illinois Individual Income Tax return in the previous tax year.
34
Voluntary charitable donations. Attach Schedule G.
35
Total penalty and donations. Add Lines 33 and 34.
Step 11: Refund
36If you have an amount on Line 31 and this amount is greater than Line 35, subtract Line 35 from Line 31.
This is your overpayment.
36
37 Amount from Line 36 you want refunded to you. Check one box on Line 38. See instructions.
37
38I choose to receive my refund by
a direct deposit - Complete the information below if you check this box.
You may also contribute
Routing number
Checking or
Savings
to college savings funds
here. See instructions!
Account number
paper check.
39 Amount to be credited forward. Subtract Line 37 from Line 36. See instructions.
39
Step 12: Amount You Owe
40 If you have an amount on Line 32, add Lines 32 and 35. - or -
If you have an amount on Line 31 and this amount is less than Line 35,
subtract Line 31 from Line 35. This is the amount you owe. See instructions.
40
Step 13: If this is a joint return, both you and your spouse must sign below.
Under penalties of perjury, I state that I have examined this return and, to the best of my knowledge, it is true, correct, and complete.
Sign
Your signature
Date (mm/dd/yyyy) Spouse’s signature
Date (mm/dd/yyyy) Daytime phone number
Here
(
)
Paid
Print/Type paid preparer’s name
Paid preparer’s signature
Date (mm/dd/yyyy)
Check if
Paid Preparer’s PTIN
self-employed
Preparer
Firm’s name
Firm’s FEIN
Use Only
Firm’s address
Firm’s phone
Third
Designee’s name (please print)
Designee’s phone number
Check if the Department may
Party
discuss this return with the third
Designee
party designee shown in this step.
Refer to the 2021 IL-1040 Instructions for the address to mail your return.
.
IL-1040 Back (R-12/21)
DR
AP
RR DC IR ID
When filling out the Illinois Tax form, there are several important dos and don'ts to keep in mind. Following these guidelines can help ensure your submission is accurate and timely.
Filling out the Illinois Tax form can seem daunting, but following these steps will help ensure you complete it accurately. Once you have filled out the form, make sure to review it for any errors before submitting. Attach any necessary documents and send it to the appropriate address as indicated in the instructions.