Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE80. PUBLIC OFFICIALS AND EMPLOYEES |
PART2190. COMMUTER SAVINGS PROGRAM |
SUBPARTH. MISCELLANEOUS |
§2190.770. Tax Consequences
Latest version.
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Once enrolled, it shall be the obligation of each participant to determine whether each payment under Section 2190.420 is excludable from the participant's compensation for federal and State income tax purposes. Participants should notify the Department if there is reason to believe that any payment is not excludable.