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Usually, taxation is quite cumbersome. The importance of the event puts some stress on the individual, and filling out the form can be challenging. Each character in the Il 505 i for 2024 matters at such a crucial moment, so filling out a printed out form may take a lot more time and effort than an electronic one. To make this process more efficient, use DocHub and complete your taxation year easily.

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The purpose of Form IL-505-I, Automatic Extension Payment, is to provide taxpayers who are unable to file their tax return by the due date a means of calculating and remitting their tentative tax liability (including any other taxes you will report on your Form IL-1040) on or before the original due date of the return
Use MyTax Illinois to electronically file your original Individual Income Tax Return. Its easy, free, and you will get your refund faster.
Form IL-505-B, Automatic Extension Payment, provides taxpayers who are unable to file their return by the due date, a means of calculating and remitting their tentative tax liability on or before the original due date of the return (see When should I file and pay?).
You can only eFile and IRS tax extension, but not an Illinois extension. The tax extension will only avoid late filing penalties until the October deadline. Note: Keep in mind however, an Illinois or IRS tax extension does not extend the due date to pay the taxes you owe or income tax liabilities penalty free.
A U.S. citizen or resident files this form to request an automatic extension of time to file a U.S. individual income tax return.
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People also ask

Personal. We give you an automatic 6-month extension to file your return. You must file by the deadline to avoid a late filing penalty.
You can get an automatic extension of time to file your tax return by filing Form 4868 electronically. Youll receive an electronic acknowledgment once you complete the transaction.
When you first set up two-step verification, you can choose to receive this code by email to an address you provide, by using an authenticator app, or via text message. A new code will be provided to you by the method you select each time you log in to MyTax Illinois.