How do I pay my quarterly taxes in Illinois?

Payments may be made electronically through MyTax Illinois or via mail by using Form IL-1040-ES. For more information, refer to Form IL-1040-ES, Estimated Income Tax Payments for Individuals.

How do I pay my quarterly taxes online in Illinois?

If you determine that you must make estimated tax payments, we encourage you to use one of the following electronic payment options: Online – Visit our website at mytax.illinois.gov to have your payment taken from your checking or savings account. You will need your IL-PIN (Illinois Personal Identification Number).

What are the dates for quarterly payments?

Anyone with income above $1,000 a year is required to file quarterly (unless their taxes are automatically deducted by an employer). The payment deadlines are usually April 15, June 15, Sept. 15, and Jan. 15 of the following year, with occasional adjustments to the next business day for holidays.

Does Illinois require quarterly tax payments?

Subtractions and Credits (for individuals). You will likely need to make estimated payments if your income is either fully or partially exempt from Illinois withholding. Complete the Estimated Tax Worksheet to figure your estimated tax and to determine if you are required to make estimated tax payments.

When do you have to make estimated tax payments in Illinois?

You must make estimated income tax payments if you reasonably expect your tax liability for the year to exceed $1,000 after subtracting your Illinois withholding, pass-through withholding payments, and tax credits for Schedule 1299-C, Income Tax Subtractions and Credits (for individuals).

Where to send Illinois state income tax voucher?

IL-1040-ES, Estimated Income Tax Payments for Individuals. ILLINOIS DEPARTMENT OF REVENUE SPRINGFIELD IL 62736-0001: IL-1040-V, Payment Voucher for Individual Income Tax: Note: If you are including with your IL-1040, send to the address for the return. ILLINOIS DEPARTMENT OF REVENUE SPRINGFIELD IL 62726-0001

How to file 4th quarter tax return in Illinois?

*Only complete Lines A1 and A2 when you file your 4th quarter or final return. B If your business has permanently stopped withholding because it has closed, or you no longer pay Illinois wages or withhold Illinois taxes from other payments, check Box B and enter the date you stopped withholding. This is considered your final return.

What are the income tax forms in Illinois?

Related Illinois Individual Income Tax Forms: Form Code Form Name Form IL-1040 Individual Income Tax Return Tax Return Form IL-1040-V Payment Voucher for Individual Income Ta Form IL-1040-X Amended Individual Income Tax Return Ame Form IL-1040-X-V Payment Voucher for Amended Individual I