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Use your mouse or Tab key to move through the fields. Use your mouse or space bar to enable check boxes. Illinois Department of Revenue IL505I 2012 Automatic Extension Payment for Individuals Filing
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How to fill out il-505-i
How to fill out il-505-i
01
Read the instructions carefully before filling out the IL-505-I form.
02
Start by providing your personal information, such as your name, address, and Social Security number.
03
Complete the sections related to your income, including wages, dividends, and rental income.
04
Report any deductions or credits you are eligible for in the appropriate sections.
05
Ensure that you accurately calculate your total tax liability and make any necessary payment.
06
Double-check all the information provided before submitting the IL-505-I form.
Who needs il-505-i?
01
Individuals who are residents of Illinois and have an obligation to file taxes.
02
Anyone who earned income from sources within Illinois that is subject to state tax.
03
Those who qualify for any tax credits or deductions specific to Illinois residents.
04
Self-employed individuals or business owners who operate in Illinois.
05
Non-residents who earned income in Illinois but meet the filing requirements.
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What is il-505-i?
The il-505-i is an Illinois Business Income Tax Return form.
Who is required to file il-505-i?
Corporations, partnerships, and S corporations doing business in Illinois are required to file il-505-i.
How to fill out il-505-i?
Il-505-i can be filled out online or by mail, providing information such as income, deductions, and credits.
What is the purpose of il-505-i?
The purpose of il-505-i is to report business income earned in Illinois and calculate the tax owed.
What information must be reported on il-505-i?
Information such as total income, deductions, credits, and tax owed must be reported on il-505-i.
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