Illinois Income & Property Tax Rebates: Things To Know

Six million Illinoisans are eligible for income tax and property tax rebates under the April Illinois Family Relief Plan. Some have already received payouts, but time is running out to apply.

Rebate checks began to sent last month, although delivery may take up to eight weeks, according to Gov. Pritzker's office.

There will be two rebates available. One is for income taxes, while the other is for property taxes.

How Much Money Could You Get and Who Is Eligible?

Single filers will get $50, while joint filers get $100, Mendoza's administration stated. Residents with dependents will get a rebate of $300-$100 per dependant, with a maximum of three.

Income tax

According to authorities, income restrictions of $200,000 for individual taxpayers and $400,000 for joint filers would be attached to the checks.

To qualify, you must have been an Illinois resident in 2021 and fulfill the income requirements. Those who filled the 2021 IL-1040 tax form will instantly get their refunds.

Those who haven't submitted yet can claim their rebate by filling out the form online. Residents with dependents must fill out the Schedule IL-E/EIC 2021 form.

Qualified property owners will get a rebate equivalent to the property tax credit claimed on their 2021 IL-1040 form, with a maximum payment of up to $300.

Property tax

To qualify, you must have paid Illinois property taxes on your primary residence in 2021, and  AGI must be $500,000 or less. Those filing alone must make less than $250,000.

Visit tax.illinois.gov/rebates for more information or to check the status of a rebate. Those in need should dial 1-800 732-8866 or 217-782-3336.

How Do I Check on the Status of My Rebates?

According to state officials, the funds might take at least eight weeks to be distributed.

When Might You Get Your Money?