Form IL-1040 Individual Income Tax Return - Illinois

What Is Form IL-1040?

This is a legal form that was released by the Illinois Department of Revenue - a government authority operating within Illinois. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form IL-1040?
A: Form IL-1040 is the individual income tax return for residents of Illinois.

Q: Who needs to file Form IL-1040?
A: Any resident of Illinois who had income during the tax year must file Form IL-1040.

Q: What is the due date for filing Form IL-1040?
A: The due date for filing Form IL-1040 is April 15th, or the next business day if it falls on a weekend or holiday.

Q: What income should be reported on Form IL-1040?
A: All sources of income, including wages, self-employment income, rental income, and investment income, should be reported on Form IL-1040.

Q: Are there any deductions or credits available on Form IL-1040?
A: Yes, there are various deductions and credits available on Form IL-1040, such as the Illinois Earned Income Credit and the Property Tax Credit.

Q: Is there a penalty for filing Form IL-1040 late?
A: Yes, there may be a penalty for filing Form IL-1040 late. It is important to file your return on time or request an extension if needed.