Residents of Illinois have until the middle of next month to file their taxes for the 2021 tax year to be eligible to receive tax rebates of up to $700 from state relief plans.
The state said residents have until Oct. 17 to file their taxes to qualify for income and property tax rebates from the Illinois Family Relief Plan.
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The income rebates in the law allow for individual filers who make less than $200,000 a year to receive a $50 rebate, with couples making less than a combined $400,000 receiving $100 rebates. The law also gives rebates of $100 per dependent filed, with a maximum of $300 in rebates.
The law also calls for rebates for taxes paid for 2021 on 2020 primary residences. Taxpayers must make less than $250,000 for single filers or $500,000 for joint filers to be eligible for a rebate of up to $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.
