Is there a bug in Illinois State Tax Schedule ICR Line 5? This should compare lines 3 and 4g and insert the lesser value into line 5. It doesn’t. It only inserts 0.

[DawnC]

Is line 3 a negative number?  

[daniel-ugorcak]

No.  Line 3 is not a negative number (324).  Line 3 is sum of Line 1, the value found on IL-1040 Line 14 which is the value of the tax due based on the Net Income (324), minus Line 2 which is the value of any Tax Credits that were paid (0).  The form correctly does this (Line 1 or 324 minus Line 2 or 0 equals 324) and inserts 324 into Line 3.   Line 4g is calculated based on the Property Tax paid which is 5% of Line 4a which is also a positive number (657).  Line 5 should compare Lines 3 (324) and Line 4g (657) and insert the value of the lowest (324).  It does not.  Instead, it inserts a 0 in Line 5.  I have tried overriding the values in Lines 1, 3, and 4g with other values.  In all cases the value for Line 5 is always 0.  I also notice the same issue with Line 8 of the same form.

[KeshaH]

If you'd like, we can look at your return and see exactly what you see to  help come to a resolution. The return will be scrubbed and won't include any of your personal details.

If you're using TurboTax Online:

Once you're logged in to your account,

- on the left hand panel, click on Tax Tools and then choose Tools

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- click okay and you'll get another message with a token

If you're using TurboTax Desktop:

• Click on Online in the top menu of TurboTax Desktop for Windows
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• We can then review your exact scenario for a solution

Please reply to this message with your token so that we can further assist you. Let us know all other states, if any, that are included on the return.

[daniel-ugorcak]

I would like to report that the Illinois State Schedule ICR form in TurboTax is working correctly.  I spent a bunch of time filing in the IL-1040 and Schedule ICR forms with various values and determined that Line 5 of the ICR does indeed work as it should.  I needed to read carefully the Ilinois Tax Instructions while filing out the tax forms and noticed that there are a number of Exceptions which affect the results.  You cannot rely on just the instructions on the forms, and the forms do not infer that there could be exceptions.  TurboTax's programming of the cells did take into account these Exceptions.  Thank you for all of your time and assistance on this issue.

[Mike9241]

yes, but Turbotax could have put something on its worksheet to indicate the limitation if your AGI is too high.