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Capital gains taxes in Illinois
Does anyone know how Capital Gains are taxed in the state of Illinois?
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June 14, 2020
8:09 PM
Anonymous
Not applicable
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State tax filing
at the same rate as any other income 4.95% for 2019 and 2020. however, for capital gains arising from property held on 8/1/1969 gain attributable to the period before that date is not taxed by filing schedule F.
June 14, 2020
9:46 PM