Contributions Made Before Year-End May Qualify for IL Tax Benefit
By contributing to an IL ABLE account, both your loved one with a disability and you may share in the happiness! Why? Because any Illinois taxpayer who contributes to any IL ABLE account at any time during the year may be able to take an Illinois State Income tax deduction for that year. Happiness!
Read More “What You Need to Know About Illinois ABLE Contributions and Tax Deductions”
Are you thinking of contributing to the Illinois ABLE account of a friend or loved one this year? Good News! If you are an Illinois taxpayer, you can now take a deduction from your Illinois state income taxes when you contribute to an Illinois ABLE account.
Read More “Contributing to an Illinois ABLE account this Holiday Season? Your contribution may be tax deductible!”