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 Tax Pro Go, a virtual tax preparation service, we’ll match you with a tax pro with Illinois tax expertise. Then, upload your tax documents, and your dedicated tax pros will do the rest!

Paying attention to these Illinois tax considerations, we can make sure you are supported when it comes to taxes—whether it’s your tax obligations, resolving other state tax problems, filing your Illinois state taxes, or helping you reconcile your Illinois tax refund, we’ve got you covered!

Related Topics

Related Resources

Where’s my refund – Iowa?

Looking for more information about your Iowa refund? Find out details on how to check your refund status, who to contact, and more from H&R Block.

Deduct Property Tax From Escrow Account

Can you deduct property tax that was paid from an escrow account? Learn more from the tax experts at H&R Block.

Can't Itemize Taxes

Find out why you can itemize your taxes with advice from the tax experts at H&R Block.

Qualifications for the Saver's Credit

What are the qualifications for the retirement savings contribution credit or savers credit? Learn more from the experts at H&R Block.