Illinois Department of Revenue

illinois income tax rate

However, Illinois has a handful of tax-saving programs that may affect your final tax bill, and these can apply differently based on income or other life circumstances. Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. Expands eligibility for protected leave under the Oregon Family Leave Act (OFLA) to include bias crime victims. Extends civil rights, discrimination, and harassment workplace protections to participants in registered apprenticeship programs and certain private-sector on-the-job training programs. Amends the Labor Dispute Act to provide that any person who places any object in the public way with intent to obstruct or impede labor picketing, demonstrations or protest, commits a Class A misdemeanor with a minimum fine of $500.

illinois income tax rate

Below find links to other important Illinois income tax return information and other related features (e.g. tax extension, amendment, etc.). While figuring out your Illinois state income tax rate may be straightforward, not everything tax-wise is. Most military pay, including retired pay, is not taxed in Illinois.

Department of Revenue

Part-year residency applies to those who either establish Illinois residency during the year or shift from an Illinois resident to a resident of another state within the same tax year. Comprehending these rules is essential for accurately determining the taxable portion of income for part-year illinois income tax residents in Illinois. Join us as we navigate the intricacies of Illinois State Income Tax rates and regulations to assist you in effectively managing your tax responsibilities. Many Illinois taxpayers may be able to electronically file their state returns by using IL-1040 WebFile.

  • Katelyn has more than 6 years’ experience working in tax and finance.
  • Below is a table of the general merchandise sales tax rates for all of the counties in Illinois and the largest cities.
  • We provide sales tax rate databases for businesses who manage their own sales taxes, and can also connect you with firms that can completely automate the sales tax calculation and filing process.
  • Once you’ve filed your tax return, all you have to do is wait for your refund to arrive.
  • There are a few exceptions, including military pay you received as a civilian.
  • Amends recordkeeping and reporting requirements to require certain employers to electronically submit injury and illness information to OSHA.

Defines joint employment under the National Labor Relations Act (NLRA). Two or more employers will be held to be joint employers under the NLRA where they share or codetermine those matters governing employees’ essential terms and conditions of employment. The purpose of the COLA is to ensure that the purchasing power of Social Security and Supplemental Security Income (SSI) benefits is not eroded by inflation. It is based on the percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from the third quarter of the last year a COLA was determined to the third quarter of the current year. Social Security benefits are generally exempt from state income tax in Illinois, providing relief to retirees.

Tax Rate Database

Taxpayers are allowed to claim personal exemptions of $2,375 as of the 2021 tax year—the return filed in 2022. In contrast to the federal tax system, Illinois takes a unique approach to deductions. The state doesn’t employ traditional itemized deductions or a standard deduction. Instead, Illinois offers taxpayers a specific set of allowable expenses that can be subtracted from their taxable income. This distinct deduction structure gives Illinois residents an alternative means of reducing their taxable income while navigating the state’s tax landscape. This new version no longer asks you to list total allowances, as it instead uses a five-step process that lets you enter personal information, claim dependents and indicate any additional income or jobs.