Illinois Other Subtractions

Other Subtractions to Income Include:

1. Contributions you made to "Bright Start" and "Bright Directions" College Savings Pools and "College Illinois" Prepaid Tuition Program

2. Distributive share of subtractions from a partnership, S corporation, trust, or estate

3. Restoration of amounts held under claim of right

4. Contributions to a job training project

5. Expenses related to federal credits or federally tax-exempt income

6. Special Depreciation subtraction

7. Contributions made to a qualified Illinois ABLE program

8. Military pay earned

9. U.S. Treasury bonds, bills, notes, savings bonds, and U.S. agency interest

10. August 1, 1969, valuation limitation

11. River edge redevelopment zone and high impact business dividend subtraction

12. Recovery of items previously deducted on U.S. 1040, Schedule A

13. Ridesharing money and other benefits

14. Payment of life insurance, endowment, or annuity benefits received

15. Lloyds plan of operations income if reported on your behalf on Form IL-1065

16. Illinois Pre-Need Cemetery Sales Act trust income

17. Education loan repayments for primary care physicians

18. Reparations or other amounts received as a victim of persecution by Nazi Germany

19. Interest on tax-exempt obligations of state and local government

20. Interest on tax-exempt obligations of non-U.S. governments

21. Your child's interest reported on U.S. Form 8814

22. Railroad sick pay and unemployment compensation

23. Unjust imprisonment compensation awarded by Illinois Court of Claims

24. Distributions from "Bright Start," "College Illinois," and "Bright Directions" college savings plans if included in Line 1 because you claimed a federal American Opportunity or Lifetime Learning Credit

Please see the Illinois Schedule M for more information www.illinois.gov.