Illinois residents have only nine more days to file their taxes for the 2021 tax year to be eligible to receive tax rebates of up to $700 as part of state relief plans.
The deadline to file taxes to qualify for income and property tax rebates from the Illinois Family Relief Plan is Oct. 17.
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Provisions in the law call for rebates for taxes paid for 2021 on 2020 primary residences. To qualify for a rebate of up to $300, taxpayers must make less than $250,000 for single filers or $500,000 for joint filers.
The income tax rebates included in the law allow for individual filers who make less than $200,000 a year to receive a $50 rebate. Couples making less than a combined $400,000 will receive $100 rebates. The law also gives rebates of $100 per dependent filed, with a maximum of $300.
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“I want Illinois families to know they are not alone — we are in your corner to help you navigate this uncertain time,” said state Sen. Meg Loughran Cappel, a Democrat who supported the bill. “These rebates will help people with everyday expenses, like gas and groceries. However, should you choose to use it for leisure, please shop local.”
More information on the tax rebate and eligibility is available on the state’s website. The effort is one of the various other initiatives in which states are giving money back to taxpayers.
