Form IL-941 Illinois Withholding Income Tax Return - Illinois

What Is Form IL-941?

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-941?
A: Form IL-941 is the Illinois Withholding Income Tax Return.

Q: Who is required to file Form IL-941?
A: Employers who withhold Illinois income tax from employees' wages are required to file Form IL-941.

Q: What information is needed to complete Form IL-941?
A: Employers will need to provide information about their business, employees' wages and withholding, and any adjustments or credits.

Q: When is Form IL-941 due?
A: Form IL-941 is due on a quarterly basis. The due dates are typically the last day of the month following the end of the quarter. For example, the first quarter return is due by April 30th.

Q: Are there any penalties for late or incorrect filing of Form IL-941?
A: Yes, there are penalties for late or incorrect filing of Form IL-941. It is important to file the return on time and ensure accuracy to avoid penalties.