Are partnerships required to make estimated payments?

In general, partnerships are not required to make estimated income tax payments towards their annual tax liability. However, a partnership  that elects to pay pass-through entity-level tax will need to make estimated payments if its tax liability is expected to be $500 or more. 
For tax years ending before December 31, 2022, the Illinois Department of Revenue will waive late estimated payment penalties related to an election to pay the pass-through entity-level tax. 
We encourage partnerships to make estimated payments electronically using MyTax Illinois.

If you have additional inquiries, you may submit them to the Questions, Comments, or Request form.