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Step 8 - Payments and Refundable Credit

Line 25

Illinois Income Tax withheld

If Illinois income tax was withheld from your income for 2024, see the instructions for Schedule IL-WIT.

Attach: Schedule IL-WIT and all your Forms W-2 and 1099 showing Illinois income and withholding.

Line 26

Estimated income tax payments

Enter the total of any payments you made with

  • Form IL-1040-ES, Estimated Income Tax Payments for Individuals;
  • Form IL-505-I, Automatic Extension Payment for Individuals Filing Form IL-1040; and
  • any overpayment applied to your 2024 estimated tax from a prior year return.

Note: If you expect your yearly tax liability to be greater than $1,000 after subtracting your withholding, pass-through withholding payments, and credits, you may be required to make estimated income tax payments. For more information, see Line 34 and the instructions for Form IL-2210, Computation of Penalties for Individuals, and Publication 105, Illinois estimated Payments requirements for Individuals and Businesses

Line 27

Pass-through withholding

Enter the total of any pass-through withholding (income tax paid) made on your behalf by a partnership, S corporation, or trust and shown on Schedule K-1-P or Schedule K-1-T for this tax year.

Attach: Schedule K-1-P or Schedule K-1-T.

Line 28

Pass-through entity tax credit

Enter the total share of pass-through entity tax credit passed through to you by a partnership, S corporation, or trust and shown on Schedule K-1-P or Schedule K-1-T for this tax year.

Attach: Schedule K-1-P or Schedule K-1-T.

Line 29

Earned Income Tax Credit

If you did not qualify for a federal Earned Income Tax Credit (EITC), you may qualify for the Illinois Earned Income Tax Credit.

See Schedule IL-E/EITC Instructions and Publication 132, Illinois Earned Income Tax Credit (EITC) Information, for more information. Complete Schedule IL-E/EITC to determine the amount of your credit.

Attach: Schedule IL-E/EITC.

Line 30

Child Tax Credit

New! For tax year 2024, taxpayers who receive the Illinois EITC and have at least one child that is your dependent and under the age of 12 years old, may also receive the Child Tax Credit in the amount of 20 percent of their EITC amount.

Complete Schedule IL-E/EITC to determine the amount of your credit.

Attach: Schedule IL-E/EITC.

Line 31

Total Payments and refundable credit

Add Lines 25, 26, 27, 28, 29, and 30, and enter the total on Line 31.