Illinois Tax Rate

 

While federal tax rates apply to every taxpayer, state income tax rates vary by state. Some states have a flat tax rate, marginal tax rate, or don’t have any state taxes at all. Illinois taxes your income earned while living in Illinois or earned in the state each year.

Read on to learn more about the Illinois income tax rates…

What is the Illinois Income Tax Rate?

tax bracketsThe Illinois income tax rate is 4.95%. Flat tax makes for simplified a tax filing Illinois residents don’t have to figure out complicated state tax tables. Conversely, the flat rate has a negative. Low wage earners can expect to pay more in Illinois than in many other states that have a progressive income tax.

More Guidance on the Illinois State Income Tax Rate

While figuring out your Illinois state income tax rate may be straightforward, not everything tax-wise is.

Because of this H&R Block can help with H&R Block Virtual! With this service, we’ll match you with a tax pro with Illinois tax expertise. Then, you will upload your tax documents, and our tax pros will do the rest! We can help with your IL taxes, including federal deductions for paying state taxes.

Prefer a different way to file? No problem – you can find Illinois state tax expertise with all of our ways to file taxes.

Related Topics

Related Resources

Maximum Saver's Credit You Can Receive

What's the maximum Saver's Credit you can receive? Learn more from the tax experts at H&R Block.

Claiming a College Student as a Dependent

Can you claim your college student as a dependent if they go to school full time and earn income? Learn about dependent rules from H&R Block’s experts.

What IRS Private Delivery Service Should I Use to File or Pay Taxes on Time?

Review this list of IRS-approved private delivery services to get your tax return and payment mailed on time from H&R Block.

IRS Tuition And Fees Deduction

Do you qualify for an IRS tuition and fees deduction? Learn more from the tax experts at H&R Block.