This version of the form is not currently in use and is provided for reference only. Download this version of Form IL-1040 Schedule IL-E/EIC for the current year.
This is a legal form that was released by the Illinois Department of Revenue - a government authority operating within Illinois.The document is a supplement to Form IL-1040, Individual Income Tax Return. Check the official instructions before completing and submitting the form.
Q: What is Form IL-1040 Schedule IL-E/EIC?
A: Form IL-1040 Schedule IL-E/EIC is a tax form used in the state of Illinois to claim the Illinois Exemption and Earned Income Credit.
Q: What is the Illinois Exemption?
A: The Illinois Exemption is a deduction from your taxable income that reduces the amount of tax you owe.
Q: What is the Earned Income Credit?
A: The Earned Income Credit is a tax credit designed to help low-income individuals and families by reducing their tax liability and providing a refund.
Q: Who is eligible for the Illinois Exemption?
A: In general, all residents of Illinois are eligible for the Illinois Exemption.
Q: Who is eligible for the Earned Income Credit?
A: The Earned Income Credit is available to individuals and families with low to moderate income, depending on the specific criteria set by the state of Illinois.
Q: How do I claim the Illinois Exemption and Earned Income Credit?
A: To claim the Illinois Exemption and Earned Income Credit, you must complete Form IL-1040 Schedule IL-E/EIC and include it with your Illinois income tax return (Form IL-1040).
Q: Are there any income limits for the Illinois Exemption and Earned Income Credit?
A: Yes, there are income limits for both the Illinois Exemption and Earned Income Credit. These limits vary depending on your filing status and number of dependents.
Form Details:
Download a fillable version of Form IL-1040 Schedule IL-E/EIC by clicking the link below or browse more documents and templates provided by the Illinois Department of Revenue.