Since 2007, the department has been in the process of implementing a new integrated tax system. Business and withholding tax returns and payments received during the 2008 calendar year were processed in the new tax system.
Beginning January 2009, all individual income tax returns and payments will also be processed through the new tax system.
What changes have been made to the 2008 Illinois Income Tax Forms?
Some line items on
Form IL-1040, Individual Income Tax Return, have been rearranged, while others have been moved to schedules. Please follow the instructions carefully when completing your return.
What new schedules have been developed for 2008 Illinois Income Tax?
For tax years ending on or after December 31, 2008, the following schedules have been developed for individuals filing Form IL-1040, Individual Income Tax Return:
- Schedule ICR, Illinois Credits, allows you to figure the total amount of property tax, K-12 education expense, and earned income credits you may claim on Form IL-1040. This schedule must be attached to Form IL-1040 if any of these credits are claimed.
- Schedule G, Voluntary Charitable Donations, allows you to figure the amount of donations that you wish to make to one or more of the eligible funds. This schedule must be attached to Form IL-1040 when making a charitable donation.
What changes have been made to the 2008 Illinois Income Tax Schedules?
For tax years ending on or after December 31, 2008,
Schedule M, Other Additions and Subtractions for Individuals
, now includes subtraction lines for the following items previously located on Form IL-1040:
- military pay earned that is included in your adjusted gross income, and
- U.S. Treasury bonds, bills, notes, savings bonds, and U.S. agency interest from Form U.S. 1040, Schedule B, or U.S. 1040-A, Schedule 1.
The Film Production Services Tax Credit has been extended to include all tax years ending on or after December 31, 2008. The credit is taken on Schedule 1299-C, Income Tax Subtractions and Credits (for Individuals).
What changes have been made for individuals filing their 2008 Illinois tax returns electronically?
Taxpayers that claim recapture of investment tax credits on Form IL-1040, Line 14, or pass-through entity payments on Line 24, will not be able to file Form IL-1040 electronically for 2008.
