IL - Early distributions

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  • Gretel
    Senior Member
    • Jun 2005
    • 4008

    #1

    IL - Early distributions

    I can't believe this: IL is not taxing any 1099-R income from a qualified plan even if this is an early distribution? Please someone confirm. Sounds to good to be true.

    Thanks.

    Gabriele
  • Gretel
    Senior Member
    • Jun 2005
    • 4008

    #2
    Thanks, found my answer. Still incredible.

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    • Acownt4it
      Senior Member
      • Aug 2005
      • 274

      #3
      That is one reason it may be worth it to retire in IL. Lord knows it is not for the weather.
      Noel
      "Some cause happiness wherever they go; others, whenever they go."- Oscar Wilde

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