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CO online Form 1040 (Schedule Eic): What You Should Know

You can also claim the EIC on both the Tax Return and the Federal Postcards (Forms 706) Illinois Tax-Free Child Credit, Illinois.gov This form is also filed on a Form 1040, and must be filed separately if you want to claim the Credit. Illinois Work Opportunity Tax Credit Illinois.gov The amount of the credit is calculated by the Illinois Work Opportunity Tax Credit formula, which is different from the federal formula. You have to complete all six parts of the Illinois Work Opportunity Tax Credit form in order to take advantage of your credit. If you are a legal resident of Illinois, you also  This state tax credit is available for individuals, corporations and government units (such as schools, colleges and libraries) who make qualifying contributions to qualified pension plans.

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