Question

IL-4562

Forum|Forum|4 years ago
February 16, 2022
1 reply
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Programs still waiting for il-4562 in order to file Illinois taxes. The form has been released awhile ago by Illinois. Why hasn't turbotax been updated?

H

HelenC12

It may take longer for one form or another to show up in TurboTax for multiple reasons. Our goal is to provide you with the most accurate information possible. For an up-to-date status of form IL-4562, please see the following:

State forms availability table for TurboTax individual (personal) tax products

You must file form IL-4562 if you acquired new depreciable property after September 10, 2001, and you claimed additional first year depreciation of 30, 40, 50, or 100 percent of the basis of that property on your federal return.

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