South Central Reporter

South Central Reporter

Wednesday, January 22, 2020

ILLINOIS STATE SENATE DISTRICT 50: Tax Amnesty Program Created to Recover Outstanding Taxes


By Press release submission | Sep 24, 2019

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Illinois State Senate District 50 issued the following announcement on Sept. 24.

A program seeking to recover millions in unpaid state taxes is good news for delinquent taxpayers looking to make good with the state. The Illinois Department of Revenue recently announced a tax amnesty program for delinquent taxpayers.

Beginning October 1, individuals with unpaid tax liabilities from July 1, 2011 to June 30, 2018 may be eligible for the one-time amnesty. Taxpayers have until November 15, 2019 to make full payments on their outstanding tax debt without penalties.

Taxpayers who did not file their state taxes during the original filing period will be required to file an original return in addition to paying the full tax due. Residents will also have the opportunity to report changes to previously filed returns by submitting an amended return and paying the tax debt in full.

The amnesty program was proposed earlier this year to recover the estimated $175 million in outstanding taxes owed to the state.

Original source can be found here.

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