Illinois recently published an updated version of Booklet IL-700-T, Illinois Withholding Tax Tables. This publication provides information and instructions relating to withholding tax calculation, remittance, and reporting for those with withholding tax obligations in Illinois.
This latest version of the Booklet adjusted the withholding tax tables to account for an increase in the Illinois Standard Exemption, in accordance with Illinois Public Act 100-0865.
To review this publication in its entirety, please visit the Illinois Department of Revenue by clicking here.