The Illinois Income Tax is based, to a large extent, on the federal income tax code. S corporations are subject to the Personal Property Tax Replacement Income Tax (replacement tax), but do not pay regular Illinois income tax. The regular income tax is paid at the shareholder's level. Generally, income from an S corporation is passed on to the shareholders. The shareholders must include this income in their federal adjusted gross income (for individuals) or taxable income (for other taxpayers). This is the starting point for Illinois income tax purposes and where regular income tax is paid.
Ottumwa (/ÉËtÊmwÉ/ É-TUM-wÉ) is a city in and the county seat of Wapello County, Iowa, United States. The population was 25,023 at the 2010 census. Located in southeastern Iowa, the city is split into northern and southern halves by the Des Moines River.
Wapello County. There are 185 real estate listings found in Wapello County, IA. There are 7 cities in Wapello County which include Ottumwa , Blakesburg , Eldon , Eddyville , and Agency . There are 7 zip codes in Wapello County which include 52501 , 52536 , 52554 , 52553 , and 52530 .