SPRINGFIELD, Ill. (WLS) — About 6 million Illinois taxpayers will begin receiving income and property tax refunds on Monday, Gov. JB Pritzker said.
Rebates will be sent automatically to residents who have filed 2021 state income taxes and claimed a property tax credit. Anyone who has not filed can still access refunds if they file before or on October 17.
Those who earned 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 below $400,000 will receive $100. Filers will also receive $100 per dependent they claimed on their 2021 taxes, for a maximum of three dependents.
Illinois also offers property tax refunds to eligible homeowners. These refunds will be equal to the property tax credit they qualified for on their 2021 returns, up to a maximum of $300, with restrictions.
Rebates will take at least eight weeks to be issued in total.
“This $1.8 billion in tax relief is possible because Democrats balanced the budget, cleared the backlog of bills, funded schools, repaired roads — and through responsible fiscal decision-making — we got together. always ended up with a one-time surplus,” Pritzker said. “There are those who could have funneled those funds directly into the pockets of the 1% and big business rather than working families, but that’s not what good government does.”
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