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wsherden
New Member

Does the state of Illinois disallow state tax credits on gambling winnings paid in another state?

 
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Cindy0H
New Member

Does the state of Illinois disallow state tax credits on gambling winnings paid in another state?

Yes, you are correct. This is what Illinois states:

If you were an Illinois resident when the gambling winnings were earned, you must pay Illinois Income Tax on the gambling winnings. Additionally, you may not include the gambling winnings in the non-Illinois portion of Schedule CR, Credit for Tax Paid to Other States.

https://www2.illinois.gov/rev/questionsandanswers/pages/468.aspx

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Cindy0H
New Member

Does the state of Illinois disallow state tax credits on gambling winnings paid in another state?

Yes, you are correct. This is what Illinois states:

If you were an Illinois resident when the gambling winnings were earned, you must pay Illinois Income Tax on the gambling winnings. Additionally, you may not include the gambling winnings in the non-Illinois portion of Schedule CR, Credit for Tax Paid to Other States.

https://www2.illinois.gov/rev/questionsandanswers/pages/468.aspx

Does the state of Illinois disallow state tax credits on gambling winnings paid in another state?

You must pay tax in Illinois.

You CAN take a credit on the IL-1040, Sched CR

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