Illinois schedule ICR does not calculate real estate tax credit

PhilD2 · ‎January 31, 2022

Desktop Premier, Windows 10. The form returns a value of zero because it is programed to use the wrong line of the form. When will this be fixed.

PhilD2 · ‎February 1, 2022

My mistake; the form APPEARS to return the wrong value but is correctly returning a value of zero for RE Tax Credit due to an income limitation [250/500k AGI]. However this is not apparent when looking at the form.

EbonyA · ‎February 1, 2022

We will pass along the feedback regarding your comments on the form. I am also attaching an applicable link just for reference:

Tax Aspects of Home Ownership: Selling a Home

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Illinois schedule ICR does not calculate real estate tax credit