Beginning September 12, the State of Illinois is issuing one-time individual income and property tax rebates to certain taxpayers. The payments are covered under the Illinois Family Relief Plan.
Individual Income Tax Rebate
How much is the rebate? $50 if filing as a single person or $100 if married filing jointly. If you have dependents, $100 per dependent (up to a maximum of $300).
You qualify if you were an Illinois resident in 2021 and your adjusted gross income on your 2021 Form IL-1040 is under $400,000 (if filing jointly) or under $200,000 (if filing as a single person). Refer to line 1 of your IL-1040 for your adjusted gross income.
If you filed your 2021 IL-1040, you will automatically receive your rebate.
Property Tax Rebate
How much is the rebate? The rebate is equal to the property tax credit you were qualified to claim on your 2021 IL-1040 (up to a maximum of $300). Refer to line 4g of your 2021 Schedule ICR for your property tax credit.
You qualify if you were an Illinois resident in 2021, you paid Illinois property taxes in 2021 on your primary residence in 2020, and your adjusted gross income on your 2021 Form IL-1040 is under $500,000 (if filing jointly) or under $250,000 (if filing as a single person). Refer to line 1 of your IL-1040 for your adjusted gross income.
If you filed your 2021 IL-1040 and Schedule ICR, you will automatically receive your rebate.
Rebates are expected to begin being issued this week, and will take several months to be issued. Your rebates will be sent automatically in the method that your original income tax refund was sent. If you did not receive a refund, then your rebate will be sent by paper check to your most recent address on file.
To read more about the program, including Frequently Asked Questions, visit the State of Illinois website.