What changes have been made to the 2008 Illinois Income Tax Schedules?
For tax years ending on or after December 31, 2008, Schedule M, Other Additions and Subtractions for Individuals, now includes subtraction lines for the following items previously located on Form IL-1040: • military pay earned that is included in your adjusted gross income, and • U.S. Treasury bonds, bills, notes, savings bonds, and U.S. agency interest from Form U.S. 1040, Schedule B, or U.S. 1040-A, Schedule 1. The Film Production Services Tax Credit has been extended to include all tax years ending on or after December 31, 2008. The credit is taken on Schedule 1299-C, Income Tax Subtractions and Credits (for Individuals).
