80 Ill. Adm. Code 2190.770

Tax Consequences

Year: 2026Length: 52 wordsOfficial source
Section 2190.770  Tax Consequences Once enrolled, it shall be the obligation of each participant to determine whether each payment under Section 2190.420 is excludable from the participant's compensation for federal and State income tax purposes.  Participants should notify the Department if there is reason to believe that any payment is not excludable.
80 Ill. Adm. Code 2190.770: Tax Consequences | Justis AI