Learn to manually calculate and enter your wage credits for 2020.
On January 1st 2020, the Illinois Department of Revenue implemented a Minimum Wage Credit that may be used against Illinois withholding income tax payments for qualifying companies.
If your company qualifies for a Minimum Wage Credit, the Il Department of Revenue will send a check to your business address on file after processing the quarterly IL-941 tax return.
Follow the steps below for your version of payroll.
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