Capital gains taxes in Illinois
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
Returning Member

Capital gains taxes in Illinois

Does anyone know how Capital Gains are taxed in the state of Illinois?

3 Replies
Anonymous
Not applicable

Capital gains taxes in Illinois

 
Anonymous
Not applicable

Capital gains taxes in Illinois

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.  

Returning Member

Capital gains taxes in Illinois

Thanks Hack, I appreciate it

Dynamic Ads
v
Privacy Settings