TaxBandits supports the filing of Form W-2 with both the Federal and State of Illinois.
A. Yes, the Illinois Department of Revenue mandates the filing of the W2 Forms even if there is no state a tax withholding.
A. Yes. Illinois has an additional Form IL-941 (Withholding Income Tax Return) to be sent only if there is a state tax withholding.
A. Form WT-7 is an annual withholding form used to report total income tax withheld from employees.
A. The filing due date for both Form W2 and Form WT-7 with Illinois is January 31.
A. The State of Illinois mandates filing electronically only.
A. A penalty of $5 will be imposed for each Form W2 not filed on time with the state of Illinois.