Pass-through Entity Income

              Illinois Department of Revenue
Brian Hamer, Director
Publication 129 December 2006
Pass-through Entity Income
The information in this publication is
current as of the date of the publica-tion.
Please visit our web site at
tax.illinois.gov to verify you have the
most current revision.
This publication is written in the plain
English style so the tax information
is easier to understand. As a result,
we do not directly quote Illinois
statutes or the Illinois Administrative
Code. The contents of this publication
are informational only and do not
take the place of statutes, rules, and
court decisions. For many topics
covered in this publication, we have
provided a reference to the appli-cable
section or part of the Illinois
Administrative Code for further
clarification or more detail. All of the
sections and parts referenced can
be found in Title 86 of the Code.
Taxpayer Bill of Rights
You have the right to call the Department of Revenue for help in resolving tax problems.
You have the right to privacy and confidentiality under most tax laws.
You have the right to respond, within specified time periods, to department notices by asking questions, paying the
amount due, or providing proof to refute the department’s findings.
You have the right to appeal department decisions, in many instances, within specified time periods, by asking for depart-ment
review or by taking the issue to court.
If you have overpaid your taxes, you have the right, within specified time periods, to a credit (or, in some cases, a refund)
of that overpayment.
For more information about these rights and other department procedures, you may write us at the following address:
Problems Resolution Office
Illinois Department of Revenue
PO Box 19014
Springfield, IL 62794-9014
About this publication
Publication 129, Pass-through Entity Income, is provided to explain the many tax
obligations involved in dealing with distributions from partnerships and
subchapter S corporations to partners and shareholders. This publication
specifically provides assistance to the partnerships and S corporations that
distribute the income, as well as, the tax professionals who assist taxpayers in
completing their tax returns, and the partners and shareholders who receive
distributions.
Publication 129 is divided into three main sections — Information for
Partnerships and Subchapter S Corporations, Information for Tax Professionals,
and Information for Partners and Shareholders. A final section deals with the
special nonfiler program started by the department to identify taxpayers who are
not filing tax returns or paying the appropriate tax on income received from
partnerships and S corporations.
If you need more technical or statutory information, please visit our web site at
tax.illinois.gov and review the Illinois Administrative Code, Title 86, Part 100,
Income Tax.
Get forms and other information faster and easier at tax.illinois.gov