How long does it take to get IL state tax refund?

It can take up to two business days from the time the refund is released to be deposited into your account. If you requested a refund via paper check, your refund will be mailed to you. It can take up to 10 business days from the time the refund is released for you to receive your refund in the mail.

What is the difference between IL 501 and IL-941?

Form IL-501 is used to deposit Illinois income tax withheld. If the amount due is: Less than $500 a quarter – the employer may report and pay the tax using the IL-941. $500 or more a quarter – the employer must deposit the taxes with the Illinois Department of Revenue using Form IL-501 to transmit the deposit.

Why is my refund status not available?

If you are looking for your tax refund, it usually takes 2 – 3 weeks to get your refund. Some taxpayers get theirs early while some will wait the entire 3 weeks. If you receive an unavailable status for more than two weeks after your return should have been uploaded into the system, contact the IRS at 800-829-1040.

Why would Dor send me a letter?

Combined, the IRS and DOR send out millions of letters and Notices to taxpayers annually. They cover a broad range of subjects from errors on your tax return, to verification of your identity, or reminders that you may be eligible for certain credits like the Earned Income Tax Credit.

How do I know if a letter is from the IRS?

Letter Identification Real IRS letters have either a notice number (CP) or letter number (LTR) on either the top or bottom right-hand corner of the letter. If there’s no notice number or letter, it’s likely that the letter is fraudulent. It’s recommended you call the IRS at 800-829-1040.

What is your Il withholding?

An Illinois withholding exemption is the portion of your payments on which you do not withhold Illinois Income Tax. This amount is calculated based on the number of allowances claimed on Form IL-W-4, Employee’s Illinois Withholding Allowance Certificate.