Form Il-941 - Information And Instructions

Form IL-941 Information and Instructions

How do I correct a misapplied payment I made to IDOR?

A payment can be moved from one period to another period only if it has not been used to satisfy a liability. If you made the

payment through MyTax Illinois, you can change the payment while it is in “pending” status. Once the payment posts, you

must send a written request to us to have the payment moved. In your written request, please include your account number;

the amount and date of the payment; to what period you are requesting it be applied; and the reason for your request to move

the payment. Also include a complete list of payment amounts and dates for the period to which you are moving it. Send the

request to the address listed in the “Where do I get help?” box on Page 6.

How do I correct an error if I over-withheld or under-withheld from a payee?

The method for correcting an error on withholding is determined by the time of year that the error is made. If you over-withheld

or under-withheld prior to the end of the calendar year, you may simply correct it in future payroll cycles within the same

calendar year by adjusting the amount you withhold by the amount of the over-withholding or under-withholding. Amounts

reported on Form IL-941 always must be the exact amounts withheld from payees. If you do not make the correction before

the end of the calendar year, you must report the amount actually withheld on the W-2 or 1099 forms for the payee to claim on

his/her income tax return. Your employee or other individual from whom you withheld will either receive a refund of the over-

withheld amount or have to pay the under-withheld amount on their Individual Income Tax Return.

Examples

•

If you withheld too much from an employee during the 1st quarter, you may withhold less during the 2nd quarter to make up

for the overage. On your Form IL-941, report the exact amount you withheld during the quarter.

•

If you withheld too little from your employee during the January 15th payroll, you may withhold more during the February

15th payroll. On your Form IL-941, report the exact amount you withheld during the quarter.

How do I correct withholding that I have over-reported or under-reported?

You must always report the exact amount of tax that you actually withheld during the reporting period on your Form IL-941.

If the amount you reported was more or less than the amount you actually withheld, then you must file an amended return

(IL-941-X).

What form do I use to report my employees’ or payees’ income and withholding at the end of the

year?

You must report income and withholding on the correct withholding form type listed in the chart below. Refer to the Internal

Revenue Service website at irs.gov, for more information.

Type of Income

Withholding Form Type

Payroll

W-2

Compensation

W-2 or 1099 series

Gambling winnings

W-2G

Illinois Lottery

W-2G

Winnings

Amount paid to purchase rights to Illinois Lottery

1099-MISC

Winnings

Voluntary Withholding Agreement —

1099 series

Unemployment, Retirement, Interest or Dividend

Income

Other

1099 series

IL-941 Instructions (R-12/16)

Page 5 of 9

Form Il-941 - Information And Instructions - 2016 Page 5

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