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  • Il Dor Il-941-x 2022

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Lding Income Tax Return Important Information Electronically file this form on MyTax Illinois at mytax.illinois.gov or using an IDOR approved Tax-Prep software program, OR Mail this form and any required support to: ILLINOIS DEPARTMENT OF REVENUE, PO BOX 19052, SPRINGFIELD IL 62794-9052 Attach a completed Schedule P-X and if required, a Schedule WC. Note: Do not attach additional correspondence. Step 1: Provide your information Federal employer identif.

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Complete and attach to Form IL-941-X to verify Illinois income and withholding records. This form is required. Note: Check the box in the first column if the income and withholding information for the payee or employee has changed. This form is authorized under the Income Tax Act.

Generally, you must withhold Illinois Income Tax for your Illinois employee if: you withhold federal income tax, or. you and your employee enter into a voluntary withholding agreement. (We do not require a separate agreement for payments covered by a federal voluntary withholding agreement.)

Withholding Formula (Effective Pay Period 05, 2022) Multiply the adjusted gross biweekly wages by the number of pay dates in the tax year to obtain the annual wages. Multiply annual taxable wages by 4.95 percent to determine the annual tax withholding.

Who must file Form IL-941? You must file Form IL-941 if you paid amounts subject to Illinois withholding income tax (either required or by voluntary agreement), such as: Wages and other employee compensation including bonus, overtime, and commission pay, usually reported to the recipient on a Form W-2.

An Illinois withholding exemption is the portion of your payments on which you do not withhold Illinois Income Tax. This amount is calculated based on the number of allowances claimed on Form IL-W-4, Employee's Illinois Withholding Allowance Certificate.

Form IL-501 is used to deposit Illinois income tax withheld. If the amount due is: Less than $500 a quarter - the employer may report and pay the tax using the IL-941. $500 or more a quarter - the employer must deposit the taxes with the Illinois Department of Revenue using Form IL-501 to transmit the deposit.

What is coming in 2023? ○ Personal Exemption — Effective for tax years beginning on or after January 1, 2023, the personal exemption allowance for individuals will increase to $2,625 per person.

Mailing Addresses AreaAddressIL-501, Illinois Withholding Income Tax PaymentPO BOX 19447 SPRINGFIELD IL 62794-9447IL-941, Illinois Withholding Income Tax ReturnPO BOX 19052 SPRINGFIELD IL 62794-9052

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232