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2023 Schedule M Other Additions and Subtractions for Individuals. Attach to your Form IL-1040 IL Attachment No. 15. Read this information first. Complete this schedule if you are required to add certain income on Form IL-1040, Line 3, or if you are entitled to take subtractions on Form IL-1040, Line 7.
Schedule M, Other Additions and Subtractions for Individuals, allows you to figure the total amount of additions you must include on Form IL-1040, Individual Income Tax Return, Line 3 and subtractions you may claim on Form IL-1040, Line 7.
Other Additions and Subtractions (for businesses) For tax years ending on or after December 31, 2023. Attach to your Form IL-1120, IL-1120-ST, IL-1065, or IL-1041.
18 Νοε 2010 · Schedule M, Other Additions and Subtractions for Individuals, allows you to fi gure the total amount of additions you must include on Form IL-1040, Individual Income Tax Return, Line 3 and subtractions you may claim on Form IL-1040, Line 7.
Schedule M is used to figure the total amount of “other additions and subtractions” to include on your Illinois tax return. It has specific lines for different types of income, deductions, and credits that you may have claimed on your federal return.
Other Additions and Subtractions (for businesses) For tax years ending on or after December 31, 2021. Attach to your Form IL-1120, IL-1120-ST, IL-1065, or IL-1041.
Instructions. If you have filed your Form IL‐1040, Illinois Income Tax Return, for 2021 or 2022, you must file a Form IL‐1040‐X, Amended Illinois Income Tax Return and include Schedule M, Other Additions and Subtractions for Individuals.
