Are funds received from an inherited IRA able to be used for the Retirement Income Deduction for the State of Illinois?

Several years ago, I received my Dad's IRA as inheritance. I am now 61. I received a distribution from this IRA in 2024. Turbo Tax is telling me that these funds qualify for this deduction in the State of Illinois.

posted

Yes, IL does not tax IRA distributions.

Reference: Does Illinois tax my pension, social security, or retirement

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Are funds received from an inherited IRA able to be used for the Retirement Income Deduction for the State of Illinois?

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