This version of the form is not currently in use and is provided for reference only. Download this version of Schedule K-1-T for the current year.
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.
Q: What is Schedule K-1-T?
A: Schedule K-1-T is a tax form used to report a beneficiary's share of income and deductions for the state of Illinois.
Q: Who is required to file Schedule K-1-T?
A: Beneficiaries of trusts or estates in Illinois may be required to file Schedule K-1-T.
Q: What information does Schedule K-1-T report?
A: Schedule K-1-T reports the beneficiary's share of income, deductions, and other relevant information from a trust or estate.
Q: Is Schedule K-1-T the same as federal Schedule K-1?
A: No, Schedule K-1-T is specifically for reporting income and deductions for the state of Illinois, while federal Schedule K-1 is for reporting income and deductions for federal tax purposes.
Form Details:
Download a fillable version of Schedule K-1-T by clicking the link below or browse more documents and templates provided by the Illinois Department of Revenue.