reglab/housing_qa huggingface dataset:
35 ILCS 5/227
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 2 - Tax Imposed

Sec. 227. Adoption credit.(a) Beginning with tax years ending on or after December 31, 2018, in the case of an individual taxpayer there shall be allowed a credit against the tax imposed by subsections (a) and (b) of Section 201 in an amount equal to the amount of the federal adoption tax credit received pursuant to Section 23 of the Internal Revenue Code with respect to the adoption of a qualifying dependent child, subject to the limitations set forth in this subsection and subsection (b). The aggregate amount of qualified adoption expenses which may be taken into account under this Section for all taxable years with respect to the adoption of a qualifying dependent child by the taxpayer shall not exceed $2,000 ($1,000 in the case of a married individual filing a separate return). The credit under this Section shall be allowed: (i) in the case of any expense paid or incurred before the taxable year in which such adoption becomes final, for the taxable year following the taxable year during which such expense is paid or incurred, and (ii) in the case of an expense paid or incurred during or after the taxable year in which such adoption becomes final, for the taxable year in which such expense is paid or incurred. No credit shall be allowed under this Section for any expense to the extent that funds for such expense are received under any federal, State, or local program. For purposes of this Section, spouses filing a joint return shall be considered one taxpayer.For a non-resident or part-year resident, the amount of the credit under this Section shall be in proportion to the amount of income attributable to this State.(b) Increased credit amount for resident children. With respect to the adoption of an eligible child who is at least one year old and resides in Illinois at the time the expenses are paid or incurred, subsection (a) shall be applied by substituting $5,000 ($2,500 in the case of a married individual filing a separate return) for $2,000.(c) In no event shall a credit under this Section reduce the taxpayer's liability to less than zero. If the amount of the credit exceeds the income tax liability for the applicable tax year, the excess may be carried forward and applied to the tax liability of the 5 taxable years following the excess credit year. The credit shall be applied to the earliest year for which there is a tax liability. If there are credits from more than one year that are available to offset a liability, the earlier credit shall be applied first.(d) The term "qualified adoption expenses" shall have the same meaning as under Section 23(d) of the Internal Revenue Code.   (Source: P.A. 100-587, eff. 6-4-18; 101-81, eff. 7-12-19.)
35 ILCS 5/228
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 2 - Tax Imposed

Sec. 228. Historic preservation credit.  For  tax years beginning on or after January 1, 2019 and ending on  or before December 31, 2023, a taxpayer who qualifies for a  credit under the Historic Preservation Tax Credit Act is entitled to a credit against the taxes  imposed under subsections (a) and (b) of Section 201 of this  Act as provided in that Act. If the taxpayer is a partnership  or Subchapter S corporation, the credit shall be allowed to the  partners or shareholders in accordance with the determination  of income and distributive share of income under Sections 702  and 704 and Subchapter S of the Internal Revenue Code.      If the amount of any tax credit awarded under this Section  exceeds the qualified taxpayer's income tax liability for the  year in which the qualified rehabilitation plan was placed in  service, the excess amount may be carried forward as  provided in the Historic Preservation Tax Credit Act.  (Source: P.A. 100-629, eff. 1-1-19; 101-81, eff. 7-12-19.)
35 ILCS 5/230
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 2 - Tax Imposed

Sec. 230. (Repealed).  (Source: P.A. 102-558, Section 220,  eff. 8-20-21. Repealed by P.A. 102-558, Section 880, eff. 8-20-21)
35 ILCS 5/245
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 2 - Tax Imposed

Sec. 245. (Repealed).        (Source: P.A. 90-553, eff. 6-1-98. Repealed by P.A. 99-933, eff. 1-27-17.)
35 ILCS 5/250
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 2 - Tax Imposed

(35 ILCS 5/250)Sec. 250. Sunset of exemptions, credits, and deductions.(a) The application  of every exemption, credit, and deduction against tax imposed by this Act that  becomes law after the effective date of this amendatory Act of 1994 shall be  limited by a reasonable and appropriate sunset date.  A taxpayer is not  entitled to take the exemption, credit, or deduction for tax years beginning on  or after the sunset  date.  Except as provided in subsection (b) of this Section, if a reasonable and appropriate sunset date is not  specified in the Public Act that creates the exemption, credit, or deduction, a  taxpayer shall not be entitled to take the exemption, credit, or deduction for  tax years beginning on or after 5 years after the effective date of the Public  Act creating the  exemption, credit, or deduction and thereafter; provided, however, that in  the case of any Public Act authorizing the issuance of tax-exempt obligations  that does not specify a sunset date for the exemption or deduction of income  derived from the obligations, the exemption or deduction shall not terminate  until after the obligations have been paid by the issuer.(b) Notwithstanding the provisions of subsection (a) of this Section, the sunset date of any exemption, credit, or deduction that is scheduled to expire in 2011, 2012, or 2013 by operation of this Section shall be extended by 5 years. (Source: P.A. 97-636, eff. 6-1-12.)
35 ILCS 5/Art. 3 heading
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 3 - Allocation And Apportionment Of Base Income

 ARTICLE 3.      ALLOCATION AND APPORTIONMENT OF BASE INCOME.
35 ILCS 5/301
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 3 - Allocation And Apportionment Of Base Income

 (from Ch. 120, par. 3-301)Sec. 301.     General Rule.(a) Residents. All items of income or deduction which  were taken into account in the computation of base income for the taxable year  by a resident shall be allocated to this State.(b) Part-year residents. All items of income or deduction which were  taken into account in the computation of base income for the taxable year  by a part-year resident shall, for that part of the year the part-year  resident was a resident of this State, be allocated to this State and, for  the remaining part of the year, be allocated to this State only to the  extent provided by Section 302, 303 or 304 (relating to compensation,  nonbusiness income and business income, respectively).(c) Other persons.(1) In general. Any item of income or deduction which     was taken into account in the computation of base income for the taxable year by any person other than a resident and which is referred to in Section 302, 303 or 304 (relating to compensation, nonbusiness income and business income, respectively) shall be allocated to this State only to the extent provided by such section.(2) Unspecified items.  Any item of income or     deduction which was taken into account in the computation of base income for the taxable year by any person other than a resident and which is not otherwise specifically allocated or apportioned pursuant to Section 302, 303 or 304 (including, without limitation, interest, dividends, items of income taken into account under the provisions of Sections 401 through 425 of the Internal Revenue Code, and benefit payments received by a beneficiary of a supplemental unemployment benefit trust which is referred to in Section 501(c)(17) of the Internal Revenue Code):(A) in the case of an individual,  trust, or         estate, shall not be allocated to this State; and(B) in the case of a corporation or a         partnership, shall be allocated to this State if the taxpayer had its commercial domicile in this State at the time such item was paid, incurred or accrued.   (Source: P.A. 90-491, eff. 1-1-98; 90-562, eff. 12-16-97.)
35 ILCS 5/302
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 3 - Allocation And Apportionment Of Base Income

 (from Ch. 120, par. 3-302)Sec. 302.     Compensation paid to nonresidents.(a) In general. All items of compensation paid in this State (as  determined under Section 304(a)(2)(B)) to an individual who is a  nonresident at the time of such payment and all items of deduction directly  allocable thereto, shall be allocated to this State.(b) Reciprocal exemption. The Director may enter into an agreement with  the taxing authorities of any state which imposes a tax on or measured by  income to provide that compensation paid in such state to residents of this  State shall be exempt from such tax; in such case, any compensation paid in  this State to residents of such state shall not be allocated to this State.  All reciprocal agreements shall be subject to the requirements of Section  2505-575 of the Department of Revenue Law
20 ILCS  2505/2505-575
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 3 - Allocation And Apportionment Of Base Income

.(c) Cross references.(1) For allocation of amounts received by     nonresidents from certain employee trusts, see Section 301(b)(2).(2) For allocation of compensation by residents, see     Section 301(a).   (Source: P.A. 90-491, eff. 1-1-98; 91-239, eff. 1-1-00.)
35 ILCS 5/305
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 3 - Allocation And Apportionment Of Base Income

 (from Ch. 120, par. 3-305)Sec. 305. Allocation of Partnership Income by partnerships and  partners other than residents.(a) Allocation of partnership business income by partners other  than residents. The respective shares of partners other than  residents in so much of the business income of the partnership as is  allocated or apportioned to this State in the possession of the partnership  shall be taken into account by such partners pro rata in accordance with  their respective distributive shares of such partnership income for the  partnership's taxable year and allocated to this State.(b) Allocation of partnership nonbusiness income by partners other  than residents. The respective shares of partners other than  residents in the items of partnership income and deduction not taken  into account in computing the business income of a partnership shall be  taken into account by such partners pro rata in accordance with their  respective distributive shares of such partnership income for the  partnership's taxable year, and allocated as if such items had been  paid, incurred or accrued directly to such partners in their separate  capacities.(c) Allocation or apportionment of base income by partnership.  Base income of a partnership shall be allocated or apportioned to  this State pursuant to Article 3, in the same manner as it is allocated  or apportioned for any other nonresident.(c-5)    Taxable income of an investment partnership, as defined in Section 1501(a)(11.5) of this Act, that is distributable to a nonresident partner shall be treated as nonbusiness income and shall be allocated to the partner's state of residence (in the case of an individual) or commercial domicile (in the case of any other person).  However, any income distributable to a nonresident partner shall be treated as business income and apportioned as if such income had been received directly by the partner if the partner has made an election under Section 1501(a)(1) of this Act to treat all income as business income or if such income is from investment activity:(1) that is directly or integrally related to any     other business activity conducted in this State by the nonresident partner (or any member of that partner's unitary business group);(2) that serves an operational function to any other     business activity of the nonresident partner (or any member of that partner's unitary business group) in this State; or(3) where assets of the investment partnership were     acquired  with working capital from a trade or business activity conducted in this State in which the nonresident partner (or any member of that partner's unitary business group) owns an interest.(d) Cross reference. For allocation of partnership income or  deductions by residents, see Section 301(a).       (Source: P.A. 93-840, eff. 7-30-04.)
35 ILCS 5/306
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 3 - Allocation And Apportionment Of Base Income

 (from Ch. 120, par. 3-306)Sec. 306.     Allocation or apportionment of income by estates and trusts.The items of income and deduction taken into account by an estate or  trust in computing its base income for a taxable year shall be allocated or  apportioned to this State to the extent provided by Sections 301 through  304 and, to the extent properly paid, credited or required to be  distributed to beneficiaries for such taxable year, shall be deemed to have  been so paid, credited or distributed pro rata.    (Source: P.A. 76-2402.)
35 ILCS 5/307
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 3 - Allocation And Apportionment Of Base Income

 (from Ch. 120, par. 3-307)Sec. 307.     Allocation of income by estate or trust beneficiaries other than residents.     (a) Allocation of business income by beneficiaries other than  residents. To the extent the business income of an estate or trust  allocated or apportioned to this State in the possession of  the estate or trust  is deemed to have been paid, credited or distributed by the estate or trust  under Section 306, the respective shares of beneficiaries of the estate  or trust, other than residents, in such business income shall be taken into  account by such beneficiaries in proportion to their respective shares of  the distributable net income of the estate or trust for its taxable year  and allocated to this State.(b) Allocation of nonbusiness income by beneficiaries other than  residents. To the extent items of estate or trust income and deduction  not taken into account in computing the business income of an estate or  trust are deemed to have been paid, credited or distributed by the estate  or trust under Section 306, the respective shares of beneficiaries of the  estate or trust, other than residents, in such items shall be taken into  account by such beneficiaries in proportion to their respective shares of  the distributable net income of the estate or trust for its taxable year,  and allocated as if such items had been paid, incurred or accrued directly  to such beneficiaries in their separate capacities.(c) Accumulation and capital gain distributions. In the event that,  in any taxable year of a trust, the trust makes an accumulation  distribution or a capital gain distribution (both as defined in Section 665  of the Internal Revenue Code), the total of the amounts which are  included in the income of each beneficiary of such trust, other than a  resident, under Sections 668 and 669 of the Internal Revenue Code shall  be allocated to this State to the extent that the items of income included  in such distribution were allocated or apportioned to this State in the  hands of the trust.(d) Cross references. (1) For allocation of amounts received by  nonresidents from certain employee trusts, see Section 301 (b) (2).(2) For allocation of estate or trust income or deductions by residents,  see Section 301 (a).    (Source: P.A. 84-550.)
35 ILCS 5/308
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 3 - Allocation And Apportionment Of Base Income

(35 ILCS 5/308) (from Ch. 120, par. 3-308)Sec. 308.         Allocation of Subchapter S Corporation Income by Subchapter  S Corporations and Shareholders Other Than Residents.  (a) Allocation of  Subchapter S corporation business income by shareholders other than residents.  The respective shares of shareholders other than residents in so much of  the business income of the Subchapter S corporation as is allocated or  apportioned to this State in the hands of the Subchapter S corporation  shall be taken into account by such shareholder pro rata in accordance with  the requirements of Section 1366 of the Internal Revenue Code for the  Subchapter S corporation's taxable year and allocated to this State.(b) Allocation of Subchapter S corporation nonbusiness income by  shareholders other than residents.  The respective share of shareholders  other than residents in the items of Subchapter S corporation income and  deduction not taken into account in computing the business income of the  Subchapter S corporation shall be taken into account by such shareholders  pro rata in accordance with the requirements of Section 1366 of the  Internal Revenue Code for the corporation's taxable year, and allocated as  if such items had been paid, incurred or accrued directly to such  shareholders in their separate capacities.(c) Allocation or apportionment of base income by the Subchapter S  corporation. Base income of a Subchapter S corporation shall be allocated  or apportioned to this State pursuant to this Article 3 in the same manner  as it is allocated or apportioned for any other nonresident.(d) This Section shall not apply to any corporation for which there is  in effect a federal election to opt out of the provisions of the Subchapter  S Revision Act of 1982 and have applied instead the prior federal Subchapter  S rules as in effect on July 1, 1982.    (Source: P.A. 83-1352.)
35 ILCS 5/Art. 4 heading
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 4 - Accounting

 ARTICLE 4.      ACCOUNTING.
35 ILCS 5/401
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 4 - Accounting

 (from Ch. 120, par. 4-401)Sec. 401.     Taxable Year.(a) In general. For purposes of the tax imposed by this Act, the  taxable year of a person shall be the same as the taxable year of such  person for federal income tax purposes. The taxable year of any person  required to file a return under this Act but not under the Internal Revenue  Code shall be his annual accounting period if it is a fiscal or calendar  year, and in all other cases shall be the calendar year.(b) Change in taxable year. If the taxable year of a person is  changed for federal income tax purposes, the taxable year of such person  for purposes of the tax imposed by this Act shall be similarly changed. In  the case of a taxable year for a period of less than 12 months, the  standard exemption allowed under section 204 shall be prorated on the  basis of the number of days in such year to 365.(c) Termination of taxable year for jeopardy. Notwithstanding the  provisions of subsections (a) and (b), if the Department terminates the  taxable year of a taxpayer under section 1102 (relating to tax in  jeopardy), the tax shall be computed for the period determined by such  action.    (Source: P.A. 76-261.)
35 ILCS 5/402
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 4 - Accounting

 (from Ch. 120, par. 4-402)Sec. 402.     Methods of Accounting.(a) Same as federal. For purposes of the tax imposed by this Act, a  person's method of accounting shall be the same as such person's method of  accounting for federal income tax purposes. If no method of accounting has  been regularly used by such person, base and net income for purposes of  this Act shall be computed under such method as in the opinion of the  Department fairly reflects income.(b) Change of accounting method. If a person's method of accounting  is changed for federal income tax purposes, for purposes of this Act it  shall be similarly changed.    (Source: P.A. 76-261.)
35 ILCS 5/403
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 4 - Accounting

 (from Ch. 120, par. 4-403)Sec. 403.     Effect of Determination for Federal Purposes.     (a) Reporting.  To the extent not inconsistent with the  provisions of this Act or forms or regulations prescribed by the  Department, each person making a return under this Act shall take into  account the items of income, deduction and exclusion on such return in  the same manner and amounts as reflected in such person's federal income  tax return for the same taxable year.(b) Adjustment.  A final determination pursuant to the Internal  Revenue Code adjusting any item or items of income, deduction or  exclusion for any taxable year shall be correct for purposes  of this Act to the extent such item or items enter into the  determination of base income.(c) Identification of differences. To the extent required by  forms or regulations prescribed by the Department, any person making a  return under this Act may be required to indicate the item or items of  income, deduction and exclusion which would enter into the determination  of base income if this Act were amended to incorporate the Internal  Revenue Code as amended and in effect for such taxable year.    (Source: P.A. 81-1405.)
35 ILCS 5/404
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 4 - Accounting

 (from Ch. 120, par. 4-404)Sec. 404. Reallocation of Items.(a) If it appears to the Director that any agreement, understanding or  arrangement exists between any persons which causes any person's base  income allocable to this State to be improperly or inaccurately reflected,  the Director may adjust such items of income and deduction, and any factor  taken into account in allocating income to this State, to such extent as  may reasonably be required to determine the base income of such person  properly allocable to this State.(b) The Director may not make an adjustment to base income under this Section that has the same effect as retroactively applying any amendments to this Act made by Public Act 93-0840, Public Act 95-0233, or Public Act 95-0707. (Source: P.A. 95-948, eff. 8-29-08.)