il-1040-schedule-m.pdf

PDF 838 KB Posted Apr 27, 2026

Attached to: FY27-32 IL-1040 Data Entry Services - Invitation for Bid
Solicitation number: 27-492DOR-ACCOU-B-52155
Issued by: St. Clair County, Illinois

About this file

Written by GovTribe AI · May 20, 2026

This document is the Illinois Department of Revenue's 2025 Schedule M form, which serves as an attachment to the IL-1040 Individual Income Tax Return for Illinois residents. Schedule M is utilized by individual taxpayers to report various additions and subtractions that adjust their federal adjusted gross income for Illinois state income tax purposes. The form consists of three main sections: Step 1 requests taxpayer identification information; Step 2 addresses additions to income including items such as child's federally tax-exempt interest, distributions from college savings plans, and business expense recaptures; and Step 3 addresses subtractions from income including contributions to college savings programs, military pay, U.S. Treasury interest, and interest on various Illinois state and local government bonds. The form accommodates detailed reporting of contributions to "Bright Start," "Bright Directions," and "College Illinois" programs, as well as Illinois ABLE accounts, with specific dollar limitations ($10,000 for single filers, $20,000 for married filing jointly). The schedule references multiple supporting forms and schedules including IL-4562, Schedule F, Schedule 1299-C, and Illinois Schedule K-1-P or K-1-T.

This schedule serves as a critical compliance document for Illinois individual income tax filers and is authorized under the Illinois Income Tax Act, with disclosure of the requested information being mandatory. The form is designed to provide comprehensive treatment of items that receive special tax treatment under Illinois tax law, including exclusions for specific bond interest, educational savings plan contributions, and various forms of compensation or relief recognized by state statute. Taxpayers are required to complete this schedule only if they have additions or subtractions to report, and completion must occur after filing any prerequisite forms such as Schedule 1299-C, Schedule F, or Form IL-4562. The form emphasizes the importance of accurate reporting and warns that failure to provide required information may result in penalties.

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Illinois Department of Revenue 2025 Schedule M Other Additions and Subtractions for Individuals Attach to your Form IL-1040. Check if attaching to Amended Form IL-1040-X.

Step 1: Provide the following information

Your name as shown on Form IL-1040 Your Social Security number

Step 2: Figure your additions for Form IL-1040, Line 3 Enter the amount of

	1	Your child’s federally tax-exempt interest and dividend income as reported on federal Form 8814. 1	______________ 00
2	Distributive share of additions you received from a partnership, S corporation, trust, or estate.

		Attach Illinois Schedule K-1-P or Schedule K-1-T and enter the additions from Column A on this line.	2	______________ 00
3	Lloyd’s plan of operation loss, if reported on your behalf on Form IL-1065 and included in

your adjusted gross income. 3	______________ 00
	4	Earnings distributed from IRC Section 529 college savings, tuition, and ABLE programs if not

included in your adjusted gross income. (Do not include distributions from “Bright Start,” “Bright Directions,” or “College Illinois” programs, or other college savings and tuition programs that meet certain disclosure requirements, or Illinois ABLE account programs. See instructions.) 4 ______________ 00

5	Illinois special depreciation addition amount from Form IL-4562, Step 2, Line 4. Attach Form IL-4562.	5 ______________ 00
6	Business expense recapture (nonresidents only). 6	______________ 00
7	Recapture of deductions for contributions to Illinois college savings plans and ABLE plans transferred to an

	out-of-state plan.	7	______________ 00
8	Student-Assistance Contribution Credit taken on Schedule 1299-C. 8	______________ 00
9	Recapture of deductions for contributions to college savings plans and ABLE plans withdrawn for

	nonqualified expenses or refunded.	9	______________ 00
10	RESERVED 10	______________ 00
	11	Other income - Identify each item. _______________________________________________ 11	______________ 00
	12	Total Additions. Add Lines 1 through 11. Enter the amount here and on Form IL-1040, Line 3.	12	______________ 00

Step 3: Figure your subtractions for Form IL-1040, Line 7 Enter the amount of 13 Contributions made to “Bright Start” and “Bright Directions” College Savings Programs and “College Illinois” Prepaid Tuition Program -

Enter the account number and amount contributed for each. Check the box in Column C if your contribution was a gift. See Instructions.

Column A: Account Number Column B: Contribution Amount Column C: Gift

Total - Add Column B, Lines 1-10 and enter here. 13a ______________ 00 Continue Line 13 calculation on Page 2.

IL-1040 Schedule M - Page 1 (R-12/25) Printed by authority of the state of Illinois, Electronic only, one copy.

Read this information first Complete this schedule if you are required to add certain income on Form IL-1040, Line 3, or if you are entitled to take subtractions on Form IL-1040, Line 7.

Note: If you are required to complete Schedule 1299-C, Schedule F, or Form IL-4562, you must do so before you complete this schedule.

IL Attachment No. 15

(Whole dollars only)

*60412251W*

This form is authorized as outlined under the Illinois Income Tax Act. Disclosure of this information is required. Failure to provide information could result in a penalty.

Step 3: Continued

13	Enter the lesser amount from Page 1, Line 13a or $10,000 ($20,000 if married filing a joint return).	13	______________ 00
14	Distributive share of subtractions from a partnership, S corporation, trust, or estate. (Do not claim these

same subtractions on any other line of this schedule. See instructions.) Attach Illinois Schedule K-1-P or K-1-T identifying you as the partner, shareholder, or beneficiary and listing your Social Security number.

Enter the subtractions from Column A on this line. 14 ______________ 00

15	Restoration of amounts held under claim of right under IRC Section 1341.	15	______________ 00
16	Contributions to a job training project.	16	______________ 00
17	Expenses related to federal credits or federally tax-exempt income.	17	______________ 00
18	Amounts included in an eligible resident’s federal AGI that is attributable to medical debt relief received

by the taxpayer under the provisions of the Medical Debt Relief Act. 18	______________ 00
	19	Illinois special depreciation subtraction amount from Form IL-4562, Step 3, Line 19. Attach Form IL-4562.	19 ______________ 00
	20	Contributions made to a qualified Illinois ABLE account - Enter the account number and amount contributed

for each Illinois ABLE account. Check the box in Column C if your contribution was a gift. See Instructions.

Column A: Account Number Column B: Contribution Amount Column C: Gift

Total - Add Column B, Lines 1-4 and enter here. 20a ______________ 00 Enter the lesser amount of Line 20a or $10,000 ($20,000 if married filing a joint return). 20 ______________ 00

Enter the following only if included in Form IL-1040, Lines 1, 2, or 3:
21	Military pay earned. Attach military W-2.	21	______________ 00
22	U.S. Treasury bonds, bills, notes, savings bonds, and U.S. agency interest from federal Form 1040 or 1040-SR.

		Attach a copy of federal Form 1040 or 1040-SR, Schedule B, if required federally. 22	______________ 00
	23	August 1, 1969, valuation limitation amount from your Schedule F, Line 17. Attach Schedule F and
required federal forms.	23	______________ 00
	24	River edge redevelopment zone and high impact business dividend subtraction amount from your

Schedule 1299-C, Step 1, Line 7. Attach Schedule 1299-C.	24	______________ 00
	25	Recovery of items previously deducted on federal Form 1040 or 1040-SR, Schedule A (including refunds of

any state and local income taxes, other than Illinois). Attach a copy of federal Form 1040 or 1040-SR, Page 1, Schedule 1, and any other required federal forms. 25 ______________ 00

26	Ridesharing money and other benefits. See instructions.	26	______________ 00
27	Payment of life insurance, endowment, or annuity benefits received.	27	______________ 00
28	Lloyd’s plan of operation income if reported on your behalf on Form IL-1065.	28	______________ 00
29	Income from Illinois pre-need funeral, burial, and cemetery trusts.	29	______________ 00
30	Repayments of educational loans made to eligible health care providers who agree to serve in designated

shortage areas under the Underserved Health Care Provider Workforce Act.	30	______________ 00
	31	Reparations or other amounts received as a victim of persecution by Nazi Germany. 31	______________ 00
32		Add Lines 13 through 31 and enter the amount here and on Page 3, Line 33.		32	______________ 00

IL-1040 Schedule M - Page 2 (R-12/25)

*60412252W*

Step 3: Continued

33	Enter the amount from Page 2, Line 32. 33	______________ 00
34	Interest on the following tax-exempt obligations of Illinois state and local government. Do not include

interest you received indirectly through owning shares in a mutual fund.

a Illinois Housing Development Authority bonds and notes (except housing-related commercial

facilities bonds and notes)	34a	______________ 00
		b	Tri-County River Valley Development Authority bonds	34b	______________ 00

	c	Illinois Development Finance Authority bonds, notes, and other obligations (venture fund and
infrastructure bonds only)	34c	______________ 00

		d	Quad Cities Regional Economic Development Authority bonds and notes (if declared to be exempt
from taxation by the Authority)	34d	______________ 00

		e	College savings bonds issued under the General Obligation Bond Act in accordance with the
Baccalaureate Savings Act	34e	______________ 00

f	Illinois Sports Facilities Authority bonds	34f	______________ 00
g	Higher Education Student Assistance Act bonds	34g	______________ 00
h	Illinois Development Finance Authority bonds issued under the Illinois Development Finance Authority

Act, Sections 7.80 through 7.87	34h	______________ 00
		i	Rural Bond Bank Act bonds and notes	34i	______________ 00

j	Illinois Development Finance Authority bonds issued under the Asbestos Abatement Finance Act	34j	______________ 00
		k	Quad Cities Interstate Metropolitan Authority bonds	34k	______________ 00

l Southwestern Illinois Development Authority bonds 34l	______________ 00
m	Illinois Finance Authority bonds issued under the Illinois Finance Authority Act, Sections 820.60 and

825.55, or the Asbestos Abatement Finance Act	34m	______________ 00
		n	Illinois Power Agency bonds issued by the Illinois Finance Authority	34n	______________ 00

o Central Illinois Economic Development Authority bonds 34o	______________ 00
p	Eastern Illinois Economic Development Authority bonds 34p	______________ 00
q	Southeastern Illinois Economic Development Authority bonds 34q	______________ 00

r	Southern Illinois Economic Development Authority bonds	34r	______________ 00
s	Illinois Urban Development Authority bonds	34s	______________ 00
t	Downstate Illinois Sports Facilities Authority bonds	34t	______________ 00

u Western Illinois Economic Development Authority bonds 34u	______________ 00
		v	Upper Illinois River Valley Development Authority Act bonds 34v	______________ 00
		w	Will-Kankakee Regional Development Authority bonds 34w	______________ 00
		x	Export Development Act of 1983 bonds 34x	______________ 00
		y	New Harmony Bridge Authority bonds 34y	______________ 00
		z	New Harmony Bridge Bi-State Commission bonds 34z	______________ 00

35	Interest on the following non-U.S. government bonds.
	a	Bonds issued by the government of Guam 35a	______________ 00
	b	Bonds issued by the government of Puerto Rico	35b	______________ 00
	c	Bonds issued by the government of the Virgin Islands	35c	______________ 00

d	Bonds issued by the government of American Samoa	35d	______________ 00
e	Bonds issued by the government of the Northern Mariana Islands	35e	______________ 00

	f	Mutual mortgage insurance fund bonds	35f	______________ 00
36	Amount of your child’s interest from U.S. Treasury and U.S. agency obligations or from sources in Line 22,

	34, or 35 as reported on federal Form 8814. 36	______________ 00
37	Railroad sick pay and railroad unemployment income. Attach Form 1099-G or W-2 and a copy 37	______________ 00
	of your federal return.
38	Unjust imprisonment compensation awarded by Illinois Court of Claims. 38	______________ 00
39	Distributions from “Bright Start,” “College Illinois,” and “Bright Directions” college savings plans if included

in Line 1 because you claimed a federal American Opportunity Credit or Lifetime Learning Credit. 39	______________ 00
	40	Disallowed deductions under IRC Section 280E for cannabis establishments, cannabis cultivation centers,

or medical cannabis dispensing organizations. 40	______________ 00
41		Amounts awarded as a result of a judgment or settlement for fertility fraud or donor fertility fraud as

	provided in the Illinois Fertility Fraud Act or similar action in another state. 41	______________ 00
42	Total Subtractions. Add Lines 33 through 41. Enter the amount here and on Form IL-1040, Line 7. 42	______________ 00

IL-1040 Schedule M - Page 3 (R-12/25)

*60412253W*

Check if attaching to Amended Form IL1040X: Off

Your name as shown on Form IL1040:

Other income Identify each item:

Column B Contribution Amount3:

Column B Contribution Amount4:

Column B Contribution Amount5:

Column B Contribution Amount6:

Column B Contribution Amount7:

Column B Contribution Amount8:

Column B Contribution Amount9:

Column B Contribution Amount10:

Column B Contribution Amount2_2:

Column B Contribution Amount3_2:

Column B Contribution Amount4_2:

Column B Contribution Amount1:

Column A Account Number:

Column A Account Number2:

Column A Account Number3:

Column A Account Number4:

Column A Account Number5:

Column A Account Number6:

Column A Account Number7:

Column A Account Number8:

Column A Account Number9:

Column A Account Number10:

Column B Contribution Amount1_2:

Column A Contribution Amount1_2:

Column A Contribution Amount2_2:

Column A Contribution Amount3_2:

Column A Contribution Amount4_2:

Your SSN-3:

Your SSN-2:

Your SSN-4:

Enter the amount from Page 2, Line 32:

Illinois Housing Development Authority bonds and notes (except housing-related commercial:

Tri-County River Valley Development Authority bondsTri-County River Valley Development Authority bonds:

Illinois Development Finance Authority bonds, notes, and other obligations (venture fund and:

Quad Cities Regional Economic Development Authority bonds and notes (if declared to be exempt:

College savings bonds issued under the General Obligation Bond Act in accordance with the:

Illinois Sports Facilities Authority bonds:

Higher Education Student Assistance Act bonds:

Illinois Development Finance Authority bonds issued under the Illinois Development Finance Authority:

Rural Bond Bank Act bonds and notes:

Illinois Development Finance Authority bonds issued under the Asbestos Abatement Finance Act:

Quad Cities Interstate Metropolitan Authority bonds:

Southwestern Illinois Development Authority bonds:

Illinois Finance Authority bonds issued under the Illinois Finance Authority Act, Sections 820:

60 and:

Illinois Power Agency bonds issued by the Illinois Finance Authority:

Central Illinois Economic Development Authority bonds:

Eastern Illinois Economic Development Authority bonds:

Southeastern Illinois Economic Development Authority bonds:

Southern Illinois Economic Development Authority bonds:

Illinois Urban Development Authority bonds:

Downstate Illinois Sports Facilities Authority bonds:

Western Illinois Economic Development Authority bonds:

Upper Illinois River Valley Development Authority Act bonds:

Will-Kankakee Regional Development Authority bonds:

Export Development Act of 1983 bonds:

New Harmony Bridge Authority bonds:

New Harmony Bridge Bi-State Commission bonds:

Amount of your child’s interest from U:

Treasury and U:

agency obligations or from sources in Line 22,:

Railroad sick pay and railroad unemployment income:

Unjust imprisonment compensation awarded by Illinois Court of Claims:

Distributions from “Bright Start,” “College Illinois,” and “Bright Directions” college savings plans if included:

Disallowed deductions under IRC Section 280E for cannabis establishments:

Amounts awarded as a result of a judgment or settlement for fertility fraud or donor fertility fraud:

Add Lines 33 through 41:

Add Lines 13 through 31 and enter the amount here:

Reparations or other amounts received as a victim of persecution by Nazi Germany:

Education loan repayments made for primary care physicians who agree to practice in designated:

Income from Illinois pre-need funeral, burial, and cemetery trusts:

Lloyd’s plan of operation income if reported on your behalf on Form IL-1065:

Payment of life insurance, endowment, or annuity benefits received:

Ridesharing money and other benefits:

Recovery of items previously deducted on federal Form 1040 or 1040-SR, Schedule A (including refunds of:

River edge redevelopment zone and high impact business dividend subtraction amount from your:

August 1, 1969, valuation limitation amount from your Schedule F, LineAttach Schedule F and required federal forms:

Treasury bonds, bills, notes, savings bonds, and U:

agency interest from federal Form 1040 or 1040-SR:

Military pay earned:

Attach military W-2:

Enter the lesser amount of Line 20a or $10,000 ($20,000 if married filing a joint return):

Total - Add Column B, Lines 1-4 and enter here:

Illinois special depreciation subtraction amount from Form IL-4562, Step 3, Line 19:

Amounts included in an eligible resident’s federal AGI that is attributable to medical debt relief received by taxpayer:

Expenses related to federal credits or federally tax-exempt income:

Contributions to a job training project:

Restoration of amounts held under claim of right under IRC Section 1341:

Distributive share of subtractions from a partnership, S corporation, trust, or estate:

Enter the lesser amount from Page 1, Line 13a or $10,000 ($20,000 if married filing a joint return:

Total - Add Column B, Lines 1-10 and enter here:

Total Additions:

Add Lines 1 through 11:

Other income:

Recapture of deductions for contributions to college savings plans and ABLE plans withdrawn for:

Student-Assistance Contribution Credit taken on Schedule 1299-C:

Recapture of deductions for contributions to Illinois college savings plans and ABLE plans transferred to an:

Business expense recapture (nonresidents only):

Illinois special depreciation addition amount from Form IL-4562, Step 2, Line 4:

Earnings distributed from IRC Section 529 college savings, tuition, and ABLE programs if not included in your adjusted gross income:

Lloyd’s plan of operation loss, if reported on your behalf on Form IL-1065 and included in:

Distributive share of additions you received from a partnership, S corporation, trust, or estate:

Your child’s federally tax-exempt interest and dividend income as reported on federal Form 8814:

Column B Contribution Amount2:

gift_1: Off

gift_2: Off

gift_3: Off

gift_4: Off

gift_5: Off

gift_6: Off

gift_7: Off

gift_8: Off

gift_9: Off

gift_10: Off

Check Box13: Off

Check Box14: Off

Check Box15: Off

Check Box16: Off

Reset:

Print:

35a:

35b:

35c:

35d:

35e:

35f:

File details come from the government source that posted it. Updated May 20, 2026.