Form Il-505-I Draft - Automatic Extension Payment For Individuals

What if I need additional forms or assistance?

fee assessed to your credit card account by the credit card service provider.

visit our web site at tax.illinois.gov;

You may have your IL-505-I payment taken from your checking or

call our 24-hour Forms Order Line at 1 800 356-6302;

savings account using bank account debit.

call our Taxpayer Assistance Division at 1 800 732-8866 or

To pay by bank account debit, visit our web site at tax.illinois.gov.

217 782-3336 between 8 a.m. and 5 p.m.; or

You must have an IL-PIN, which is available on our web site or by

call our TDD (telecommunications device for the deaf)

calling our information number, and you must provide your bank

at 1 800 544-5304.

routing and account numbers. Warning: Many credit unions will not

allow an electronic debit from a savings account. Please check with

What if I want to pay electronically?

your ﬁ nancial institution for further details.

You may make your IL-505-I payment by using your Visa,

–

Electronic Funds Transfer

Complete Form EFT-1, Authorization

MasterCard, Discover, or American Express. Call

for Electronic Funds Transfer.

1 800 2PAYTAX (1 800 272-9829) or

To print a copy of this form or for more information about this

visit .

program, visit our web site at tax.illinois.gov. Mail or fax Form EFT-1

Be sure you have your credit card ready. If you pay by telephone,

to us following the directions in the instructions.

the Jurisdiction Code is 2300. There will be an additional convenience

Instructions for Tax Payment Worksheet

Line 1 – Income tax

education expenses,

earned income, and

Write the total amount of individual income tax you expect to owe.

credits from Schedule 1299-C, Income Tax Subtractions and

Use Form IL-1040 as a worksheet and complete Lines 1 through 15

Credits (for individuals).

to determine the tax you expect to owe.

See the instructions for Form IL-1040, Schedule CR, Credit for Tax

Line 2 – Withholding and pass-through entity payments

Paid to Other States, and Schedule 1299-C.

Write the amount of Illinois Income Tax withheld from your wages for

Line 6 – Total tax payments and credits

the tax year and pass-through entity payments made on your behalf.

Add Lines 2 through 5, and write the total on Line 6.

Line 3 – Estimated income tax payments

Line 7 – Tentative tax due

Write the total amount of Illinois estimated payments you paid with

Subtract Line 6 from Line 1. Write the result on Line 7 and on

Form IL-1040-ES for the tax year. Include any 2008 overpayment

Form IL-505-I. This is your tentative tax due. If the amount is $1 or

credited to your 2009 tax.

more, you must pay this amount. You may pay electronically (by credit

Line 4 – Previous Form IL-505-I payment

card, EFT, or Electronic Funds Withdrawal) or ﬁ le this form and attach

Write the amount of Illinois Income Tax you paid with any previous

your payment. If the tax due is less than $1, stop. Do not ﬁ le this

Form IL-505-I for this tax year.

form. No payment is due.

Line 5 – Estimated allowable credits

Write any estimated allowable income tax credits for

income tax paid to other states,

Illinois Property Tax paid,

Tax Payment Worksheet for Your Records

Write the income tax you expect to owe (including recapture of investment credit).

Write your Illinois Income Tax withheld and pass-through entity payments.

Write your Illinois estimated payments and 2008 overpayment credit.

Write any tax payment made with a previous Form IL-505-I.

Write the estimated allowable credits for income tax paid to other states, Illinois Property

Tax paid, education expenses, earned income, and credits from Schedule 1299-C.

Total tax payments and credits. Add Lines 2 through 5.

Tentative tax due – Subtract Line 6 from Line 1. Write the amount here and on Form IL-505-I.

Do not ﬁ le Form IL-505-I if no payment is due or if you make this payment electronically or by credit card.

IL-505-I back (R-12/09)

Form Il-505-I Draft - Automatic Extension Payment For Individuals - 2009 Page 2

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