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Do I Qualify for the Illinois Tax Credit for Affordable Housing Donations?
Article ID: 34747 Print
Question
Do I Qualify for the Illinois Tax Credit for Affordable Housing Donations?

Answer

You may take this credit if:

• you have made a donation under Section 7.28 of the Illinois Housing Development Act for the development of affordable housing in Illinois, and

• you made the donation in a tax year ending on or after December 31, 2001.

You may also take this credit if it was transferred to you by the donor.

Schedule 1299D


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Article Details
Views: 1018 Created on: Jun 15, 2013
Date updated: Aug 20, 2015
Posted in: STATES, Illinois

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