Illinois DOR Publishes Revised Individual Income Tax Information on Retirement Income

Aug. 10, 2022, 5:00 AM UTC

The Illinois Department of Revenue June 1 published revised individual income tax information on retirement income to provide updated office addresses across the state and contact information. The publication includes information on: 1) retirement income that can be subtracted from federal adjusted gross income when completing Form IL-1040, Individual Income Tax Return; 2) federally taxed income that can’t be subtracted; and 3) required attachments to Form IL-1040 for taxpayers who subtract retirement income. [Ill. Dep’t of Revenue, Tax Publ’n 120, 06/01/22]

Reference: View Source Document.

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.