2020 ProSeries/Illinois Readme
Release 2020.460
Contents
What's new in this release
Items addressed in previous release
What's new for ProSeries/Illinois
Forms
Electronic filing
What's new in this release
- Efile Validation - various improvements to enable successful efiling of Illinois returns.
Items addressed in previous release
- Tax Help - updated for Schedule CR line 15 (other income).
- Extension of Filing Date - Illinois has extended the individual income tax filing and payment deadline from April 15 to May 17.
- Efile Validation - various improvements to enable successful efiling of Illinois returns.
- Section 67(e) Adjustment - The new federal adjustment to income for excess deductions of section 67(e) expenses (from Schedule K-1, box 11, code A) is now being included on the IL Schedule CR.
- Print issue with 2D Barcode was fixed.
What's new for ProSeries/Illinois
The following items are new for tax year 2020:
- The personal exemption amount has increased to $2,325
- Schedule WIT includes IL withholding reported on a 1099-NEC
- Form IL-2210 penalty is avoided if 2020 estimated payments are made based on 90% of the 2020 liability or 100% of the 2019 or 2018 liability
- The following credit has been added to the Schedule 1299-C:
- Apprenticeship Education Expense - credit code 160
Forms
All forms and schedules included in ProSeries/Illinois have been finalized and are approved for filing.
Electronic filing
You can file returns electronically with this version of ProSeries/Illinois.
End of ReadMe file for ProSeries/Illinois