Tax Rebate Payments Begin for Millions of Illinoisans

Lawndale News Chicago's Bilingual Newspaper - Business

Income and property tax rebates will begin being sent to an estimated six million qualified taxpayers beginning this week. The rebates are the result of Gov. Pritzker’s Illinois Family Relief Plan, which also provided grocery, gas, and school supply tax savings in addition to the direct payments. The rebate payments, which will take at least eight weeks to be issued in total, will be sent automatically to Illinois residents who filed 2021 state income taxes and claimed a property tax credit. Those who have not filed can still access the rebates after completing additional filing. Individuals who made less than $200,000 in 2021 and are not claimed as a dependent on another return will receive $50 rebates. Couples filing jointly with incomes under $400,000 will receive $100. Tax return filers will also receive $100 per dependent they claimed on their 2021 taxes, up to three dependents. The State of Illinois is also providing property tax rebates for eligible homeowners in an amount equal to the property tax credit they qualified for on their 2021 returns, up to a maximum of $300. The rebate is not allowed if a taxpayer’s adjusted gross income for the taxable year exceeds $500,000 for returns with a federal filing status of married filing jointly, or $250,000 for all other returns. IDOR will certify the list of eligible taxpayers and the rebates will be issued by the Comptroller’s Office. Though the 2021 tax deadline was April 18, all qualified income tax filers who file on or before October 17, 2022 will be eligible for rebate payments. For additional rebate resources or to check on the status of a rebate, taxpayers may visit Taxpayer representatives can also provide assistance at 1-800 732-8866 or 217-782-3336.

Comments are closed.