DES PLAINES – Illinois taxpayers can expect to see up to $700 in tax rebates in the coming weeks thanks to the State Senator Laura Murphy-supported Illinois Family Relief Plan.
“The last two years have put a strain on people’s pockets – and they are in need of relief,” said Murphy (D-Des Plaines). “Through the Illinois Family Relief Plan, we were able to provide millions of hardworking Illinois taxpayers with the assistance they deserve.
Supported by Murphy, the Illinois Senate championed Senate Bill 157, which provides millions of Illinois taxpayers with financial relief – including direct tax rebates.
Under the law, people who filed 2021 Illinois taxes are eligible to receive up to $700. Individual filers who make less than $200,000 will receive a $50 income tax rebate, and couples who make less than $400,000 will receive $100. Filers are also eligible for $100 per dependent, with a maximum of three.
Additionally, people who paid property taxes in 2021 on their primary residence in 2020 – and make less than $250,000 individually or $500,000 jointly – are eligible for up to $300. The rebate will be equal to the property tax a resident was qualified to claim on their 2021 taxes.
People who filed taxes will automatically receive their rebate starting this week – otherwise they have until Oct. 17 to do so.
“As a state, we paid our bills, saw our credit rating improve and now it’s time to further invest in our priorities – the very people who live in the state,” Murphy said. “Through the uncertain challenges of recent years, the General Assembly has worked tirelessly to show residents we are prioritizing them.”
For more information on how the funds will be dispersed or to see qualification criteria, people can visit tax.illinois.gov/rebates.