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WY corporation income for an IL state resident
Hello,
I have a S Corp in WY and made 75K in TY 2022. I am a resident in the State of IL. Do I have to include this income I made from WY in IL State Return. Already this income is included in the Fed Return.
However, I noticed IL State Return takes into account my AGI, which includes WY income also . Thant means I have to pay taxes for IL on the 75K that I earned in WY??? Need some clarification, please. Thank you.
‎October 22, 2023
7:32 PM