Investors & landlords

Repeat:  While I havent received any tax paperwork for the 2021 IL state program as of yet (in Feb of 2022), and I may receive none, the FAQ on their website (below) has changed recently to say the money from the program sent to the landlords should be considered "rental income."  You'll get killed in taxes if you enter it as ordinary income.

 

https://www.illinoishousinghelp.org/faqs#landlords-ID