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- Form CRT-61There is no specific form for Illinois tax-exempt purchases of items for resale. Purchasers can use Form CRT-61, Certificate of Resale, or make their own certificate to document their tax-exempt status1. The Illinois individual income tax rate is 4.95%, and the state income tax exemption is $2,625 for the 2023 tax year2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.To document tax-exempt purchases of such items, retailers must keep in their books and records a certificate of resale. Purchasers may either document their tax-exempt purchases by completing Form CRT-61, Certificate of Resale, or by making their own certificate. A copy of the certificate must be provided to the retailer.tax.illinois.gov/businesses/crtinfo.htmlThe Illinois Department of Revenue has released Booklet IL-700-T for 2023. Illinois withholding information and tax tables effective January 1, 2023, are presented in this publication. The State of Illinois individual income tax rate remains at 4.95%, but the state income tax exemption has increased from $2,425 to $2,625 for the 2023 tax year.illinoiscomptroller.gov/state-agencies/bulletins-form…
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