Check the box if this is the individual's corporate name Business address Check and enter the business address 1 2 or 3 3.7. If you want to report as an S corporation or partnership: Check the box to indicate if the S corporation or partnership will be reporting as a C-corporation, a sole proprietorship, a trust or an estate. 4th (June, July, August) S corp. check box If you will report as a C-corporation, a sole proprietorship, a trust or an estate 4th (June, July, August) 3rd check box Enter the total of your net assets less any mortgage loans, any bank loan or other loan outstanding that results in losses, your total adjusted gross income before credits for federal and S corporation or partnership taxes. 3rd (November, December, February, March) Enter the number of days that you expect your return to be received from the IRS. Enter this number minus 4. Enter the number of days between the close of business on January 31st and the close of business on April 30th for reporting purposes. (March, April, May) Enter the number of days between the close of business on July 31st and the close of business on September 30th for reporting purposes. (August, September, October, November) Enter the number of days between the close of business on December 31st and the close of business on January 1st for reporting purposes. (April, May, June) Enter the number of days between the close of business on February 29th and the close of business on March 31st for reporting purposes. Enter the number of days between the close of business on April 15th and the close of business on April 29th for reporting purposes (April, May, June) Enter the number of days between the close of business on August 31st and the close of business on September 15th for reporting purposes (August, September, October, November) Enter the number of days between the close of business on December 15th and the close of business on January 31st for reporting purposes Enter the amount, in thousands, of your tax liability. Step 2: Check your box. Enter the amount of tax you withheld. If you are required to submit a Form W-2G, Enter the total of your gross wages and your W-2G wages.
This is the Amended Illinois Withholding Income Tax Return form. It should be filed by employers in the State of Illinois who must file form IL-941 in order to report their federal income taxes to the Internal Revenue Service if they have discovered that calculations need to be amended.
It must be filed by the taxpayers if they have to correct data indicated on the submitted State Income Tax Return form on line 1 (which is the amount subject to withholding) or line 2 (total state income tax withheld).
The filled out IL-941-X form must be submitted as soon as possible in order to minimize interest or penalties for improper return filing. They may be imposed if the IL-941-X is filed after the due date of the initial return form. In order to decrease the tax due (as indicated on form IL-941) the amendment must be submitted within three years after the 15th day of the 4th month following the close of the calendar year in which the tax was withheld or within one year after the date of tax payment.
In order to file the form properly, the following attachments are required:
If none of the abovementioned forms are available, the employer can attach equivalent payee records that include the following details:
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the Federal Employer identification number;
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the date range (the records cover)
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name, SSN, income amount, and Illinois tax withheld for each payee.
Where do I send the completed Amended Tax Return?
The filled out form IL-941-X and the required supporting documents must be sent to the Department of Revenue in Illinois, PO Box 19016, Springfield IL 62794-9016.
