Instructions for Form IL-1041 Fiduciary Income and Replacement Tax Return - Illinois

Form IL-1041 Schedule CR Credit for Tax Paid to Other States - Illinois

This document contains official instructions for Form IL-1041 , Fiduciary Income and Replacement Tax Return - a form released and collected by the Illinois Department of Revenue. An up-to-date fillable Form IL-1041 Schedule CR is available for download through this link.

FAQ

Q: Who needs to file Form IL-1041?
A: Form IL-1041 must be filed by fiduciaries, such as estates and trusts, that have income taxable in Illinois.

Q: What is the purpose of Form IL-1041?
A: Form IL-1041 is used to report and pay the income tax imposed on estates and trusts in Illinois.

Q: When is Form IL-1041 due?
A: Form IL-1041 is due on the 15th day of the 4th month following the close of the taxable year.

Q: What forms do I need to attach to Form IL-1041?
A: You may need to attach supporting schedules and other forms, such as Schedule K-1, to Form IL-1041 depending on your specific situation.

Q: What if I need an extension to file Form IL-1041?
A: You can request an extension to file Form IL-1041 using Form IL-505-B, but any tax owed must still be paid by the original due date.

Q: What if I have questions or need assistance with Form IL-1041?
A: You can contact the Illinois Department of Revenue for assistance with Form IL-1041.