Form Il-1040-Es - Estimated Income Tax Payments For Individuals - 2016 Page 2

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Estimated Tax Worksheet
1
1
Enter the Illinois base income you expect to receive in 2016. (See Form IL-1040.)
2
Figure your expected exemption allowance. (See Form IL-1040.)
a
Enter the total number of exemptions you expect to claim on your
a
2016 Illinois Income Tax return.
Multiply this number by $2,175.
b
Check the boxes that apply to you.
you were 65 or older
spouse was 65 or older
you were legally blind
spouse was legally blind
b
Add the number of boxes you checked.
Multiply this number by $1,000.
2
Add lines a and b. This is your total expected exemption allowance.
3
3
Subtract Line 2 from Line 1. This is your net income expected in 2016.
4
4
Multiply Line 3 by 3.75% (.0375).
5
Enter the amount of Compassionate Use of Medical Cannabis Pilot Program
5
Act Surcharge expected in 2016.
6
6
Add Lines 4 and 5.
7 Enter the amount of Illinois Income Tax you expect to be withheld from your wages
or other income during 2016 and any pass-through withholding payments you
7
expect to be paid on your behalf for 2016.
8
Enter the amount of credits for Illinois Property Tax paid, income tax paid to
other states, education expenses, earned income, and tax credits from
8
Schedule 1299-C you expect to claim on your 2016 return.
9
9
Add Lines 7 and 8. This is the total of your withholding, pass-through payments, and credits.
10
Subtract Line 9 from Line 6. This is your estimated tax for 2016. If $500 or less, stop.
10
You do not have to make estimated tax payments at this time. If more than $500, continue to Line 11.
If your income changes during the year, complete the Amended Estimated Tax Worksheet.
11
11
Divide Line 10 by 4, and round the result to whole dollars. This is the amount of each of your estimated tax payments.
If you chose to credit a prior year overpayment to 2016 and
Amended Estimated Tax Worksheet
the election was made on or before the extended due date of your
Use this worksheet to figure any changes to your estimated tax.
prior year return, you may reduce your first estimated tax payment
1
1
Amended estimated tax from Line 10 above
and any subsequent payments until the entire credit is used. If the
2
2
Divide Line 1 by 4.
election was made after the extended due date of your prior year
3
Amount of estimated payments made with
return, the credit is considered paid on the date you made the election.
2016 Forms IL-1040-ES, including any prior
3
year overpayment applied to tax year 2016
Record of Estimated Tax Payments
4
Multiply Line 2 by the number of previously
4
due estimated payments.
Voucher
Voucher
Check or money
5
Subtract Line 3 from Line 4. This amount
Amount
Date
order number
5
may be negative.
6
Add Lines 2 and 5, and round to whole
dollars. If positive, this is the amount due on
your next due date. If zero or negative, nothing
is due on your next due date. If negative,
6
continue to Line 7. Otherwise, stop here.
7
If Line 6 is negative, enter the amount here
7
as a positive number.
8
Subtract Line 7 from Line 2, and round the
Total
result to whole dollars. This is the amount
8
due on the following due date.
Illinois Department of Revenue
IL-1040-ES
2016
Estimated Income Tax Payment for Individuals
Official Use
(R-12/15)
Enter your Social Security numbers in the order they appear on your federal return.
Calendar-Year Taxpayers
___ ___ ___ - ___ ___ - ___ ___ ___ ___
___ ___ ___ - ___ ___ - ___ ___ ___ ___
Your estimated tax payments are due on
Your Social Security number
Spouse’s Social Security number
April 18, 2016
September 15, 2016
June 15, 2016
January 17, 2017
.
Your first name and initial
Spouse’s first name and initial
Your last name
$
Amount of payment
(Whole dollars only)
Street address
Make check payable and mail this voucher to:
ILLINOIS DEPARTMENT OF REVENUE
SPRINGFIELD IL 62736-0001
City
State
ZIP
(
)
Reset
Print
Your daytime phone number
*IL-1040-ES*

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