Form preview

Get the free IL-505-B

Get Form
This form is used by corporations, small businesses, partnerships, fiduciaries, and exempt organizations to request an automatic extension for filing their Illinois tax returns and to pay any tentative
We are not affiliated with any brand or entity on this form

Get, Create, Make and Sign il-505-b

Edit
Edit your il-505-b form online
Type text, complete fillable fields, insert images, highlight or blackout data for discretion, add comments, and more.
Add
Add your legally-binding signature
Draw or type your signature, upload a signature image, or capture it with your digital camera.
Share
Share your form instantly
Email, fax, or share your il-505-b form via URL. You can also download, print, or export forms to your preferred cloud storage service.

How to edit il-505-b online

9.5
Ease of Setup
pdfFiller User Ratings on G2
9.0
Ease of Use
pdfFiller User Ratings on G2
Use the instructions below to start using our professional PDF editor:
1
Create an account. Begin by choosing Start Free Trial and, if you are a new user, establish a profile.
2
Upload a document. Select Add New on your Dashboard and transfer a file into the system in one of the following ways: by uploading it from your device or importing from the cloud, web, or internal mail. Then, click Start editing.
3
Edit il-505-b. Rearrange and rotate pages, add new and changed texts, add new objects, and use other useful tools. When you're done, click Done. You can use the Documents tab to merge, split, lock, or unlock your files.
4
Get your file. Select the name of your file in the docs list and choose your preferred exporting method. You can download it as a PDF, save it in another format, send it by email, or transfer it to the cloud.
pdfFiller makes working with documents easier than you could ever imagine. Register for an account and see for yourself!

Uncompromising security for your PDF editing and eSignature needs

Your private information is safe with pdfFiller. We employ end-to-end encryption, secure cloud storage, and advanced access control to protect your documents and maintain regulatory compliance.
GDPR
AICPA SOC 2
PCI
HIPAA
CCPA
FDA

How to fill out il-505-b

Illustration

How to fill out IL-505-B

01
Begin with your personal information: Enter your name, address, and Social Security number at the top of the form.
02
Indicate the tax year for which you are filing the form.
03
Fill in the required income information as instructed, including any adjustments necessary.
04
Report any deductions or credits you are eligible for in the appropriate sections.
05
Calculate your total tax liability and any payments made.
06
Review all information for accuracy.
07
Sign and date the form before submitting it to the appropriate tax authority.

Who needs IL-505-B?

01
Individuals who owe a tax debt to the state and wish to request a payment plan.
02
Taxpayers looking to make installment payments on their tax obligations.
03
Residents who have received a notice from the tax authority regarding unpaid taxes.
Fill form : Try Risk Free
Users Most Likely To Recommend - Summer 2025
Grid Leader in Small-Business - Summer 2025
High Performer - Summer 2025
Regional Leader - Summer 2025
Easiest To Do Business With - Summer 2025
Best Meets Requirements- Summer 2025
Rate the form
4.0
Satisfied
43 Votes

People Also Ask about

The federal tax system allows users to electronically prepare and file their 2024 tax returns for free. The program will then connect taxpayers to Illinois' free state income filing system, My Tax Illinois, to file their Illinois state returns.
You may be able to obtain a free copy of your California tax return. Go to MyFTB for information on how to register for your account. You may also request a copy of your tax return by submitting a Request for Copy of Tax Return (Form FTB 3516 ) or written request.
For calendar year filers, the extended due date is October 15. If you receive a federal extension of more than six months, you will automatically receive the same extension for your Illinois return. Note: An extension of time to file does not extend the amount of time you have to pay any tax owed.
CHICAGO -The Illinois Department of Revenue (IDOR) is reminding taxpayers that the Tuesday, April 15 deadline is quickly approaching for filing 2024 state individual income tax returns.
Downloading from IRS Forms & Publications page. Picking up copies at an IRS Taxpayer Assistance Center. Going to the IRS Small Business and Self-Employed Tax Center page. Requesting copies by phone — 800-TAX-FORM (800-829-3676).
You must file your completed Form IL-505-B, and pay any tentative tax amount you owe by the original due date of your tax return or as soon as you realize you owe tentative tax. This includes annual and short-year returns. The due date depends on the type of tax return that you file.
Are tax forms available at my local Post Office®? No, Post Offices do not have tax forms available for customers. However, you can view, download, and print specific tax forms and publications at the "Forms, Instructions & Publications" page of the IRS website. You may also acquire tax forms through the mail.

For pdfFiller’s FAQs

Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.

IL-505-B is a form used by taxpayers in Illinois to report specific income or adjustments on their tax returns. It is typically related to partnership and corporate tax filings.
Entities such as partnerships, S corporations, and certain other business structures conducting business in Illinois are required to file IL-505-B.
To fill out IL-505-B, gather relevant financial information, provide details regarding income, deductions, and credits, and follow the instructions provided with the form carefully.
The purpose of IL-505-B is to report specific information to the Illinois Department of Revenue regarding the income and tax credits of partnerships and S corporations.
IL-505-B requires reporting information such as the entity's income, deductions, credits, and the allocation of income among partners or shareholders.
Fill out your il-505-b online with pdfFiller!

pdfFiller is an end-to-end solution for managing, creating, and editing documents and forms in the cloud. Save time and hassle by preparing your tax forms online.

Get started now
Form preview
If you believe that this page should be taken down, please follow our DMCA take down process here .
This form may include fields for payment information. Data entered in these fields is not covered by PCI DSS compliance.