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Illinois Department of RevenueIL505IAutomatic Extension Payment2018for Individuals Filing Form IL1040 What is the purpose of Form IL505I? Will I owe penalties and interest? The purpose of Form IL505I,

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How to fill out taxhowillinois state tax extension

01

To fill out an Illinois state tax extension, follow these steps: - Download Form IL-505-I from the Illinois Department of Revenue website. - Fill out Part I of the form, providing your personal information and the reason for requesting an extension. - Estimate your total tax liability for the year and enter it in Part II of the form. - Calculate any payments already made towards your tax liability and enter the amount in Part III. - Determine the balance due or overpayment and enter it in Part IV. - Sign and date the form. - Mail the completed form to the Illinois Department of Revenue.

Who needs taxhowillinois state tax extension?

01

Anyone who is unable to file their Illinois state tax return by the original due date may need to file a tax extension. This includes individuals who need more time to gather necessary documentation, individuals who are expecting to owe additional tax and need more time to estimate and pay the amount due, or anyone who is unable to meet the deadline due to extenuating circumstances.

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What is taxhowillinois state tax extension?

A taxhowillinois state tax extension is an extended deadline granted to individuals who need more time to file their state taxes.

Who is required to file taxhowillinois state tax extension?

Anyone who is unable to file their state taxes by the original deadline may be required to file a taxhowillinois state tax extension.

How to fill out taxhowillinois state tax extension?

To fill out a taxhowillinois state tax extension, individuals typically need to submit a form requesting the extension and provide a valid reason for needing the extension.

What is the purpose of taxhowillinois state tax extension?

The purpose of a taxhowillinois state tax extension is to give individuals more time to gather all necessary documentation and file their state taxes accurately.

What information must be reported on taxhowillinois state tax extension?

The taxhowillinois state tax extension form typically requires basic personal information, an estimate of total tax liability, and details on why an extension is needed.

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