State Of Illinois Property Tax Rebate

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The Form IL-1040, Illinois exemption follows the same criteria as the property tax credit allowed on an individual income tax return, and cannot exceed $300.00.

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Who is eligible for the Illinois property tax credit rebate?

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To be eligible, you must first have paid Illinois property taxes in 2021 on your residence and have a gross income of $500,000 or less if filing jointly.

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What is the income limit for the property tax rebate?

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The taxpayer's adjusted gross income for the exempt taxable year is less than $400,000 for returns with federal filings of married filing jointly, or $200,000 for all other returns.

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When will the property tax rebates be sent?

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The rebates will be sent automatically to residents who filed 2021 state income taxes and claimed a property tax credit. Anyone who hasn't filed can still access the rebates if they file before or on Oct. 17. You don't have to do anything to get the refund. The money comes from an aid package signed into law by the governor last year.

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State Of Illinois Property Tax Rebate

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