Filing Taxes There are several ways to file a state tax return. MyTax Illinois, IDOR’s free online account management program, has been enhanced and allows taxpayers to file returns with or without an account, operates with a simple question and answer format, and works to reduce errors by using automated calculations
your taxes done on time, correctly and hassle-free.” The IRS’ Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs offer free basic tax return preparation to qualified individuals needing assistance in preparing their own tax returns. People making $60,000 or less, persons with disabilities and
for up to $30,000 in free assistance to pay past due mortgage payments, property taxes, property insurance, and delinquent homeowner and/or condo association fees. Homeowners in need of assistance can find more information on program eligibility and how they can prepare to apply at www.illinoishousinghelp.org. Applications will be accepted
to defer all or part of their property taxes and special assessment payments on their principal residences. The deadline to apply for the program this year is March 1, 2024. Taxpayers who apply and qualify are allowed to defer a maximum of $7,500 per tax year, including both first and second installment payments.
income taxes can receive free help through several trusted programs across the State of Illinois. The Internal Revenue Service (IRS) and AARP Tax-Aide programs are providing free basic income tax return preparation with electronic filing to qualified individuals in over 300 locations statewide. “Taxes are due in one month.
seniors to defer all or part of their property taxes and special assessment payments on their principal residences. Seniors needing assistance paying their property taxes have until March 1, 2023 to apply for the program. The program, which works like a loan, allows qualified seniors to defer a maximum of $7,500
when it is time to file their taxes.” The Illinois Education Expense Credit allows parents or legal guardians of a full-time K-12 student under the age of 21, to take a 25% tax credit on qualified education expenses over $250 this year. The total credit may not exceed $750, regardless of the number of qualifying students.
Illinois property taxes in 2021 on their primary residence in 2020 are eligible for the property tax rebate, though they will need to take action in order to claim it if they were not required to file an Illinois income tax return for 2021. Taxpayers who claimed a property tax credit on their Illinois income tax return for 2021 (IL-1040) using
and allows taxpayers to file their individual income taxes electronically. Electronic filing is also available through third party software or with most tax preparers.” MyTax Illinois has been improved this year to make filing a 2022 IL-1040 easier than ever. The electronic management system enables taxpayers to report income and claim
when it comes time to file their taxes.” The Illinois Education Expense Credit allows parents or legal guardians of a full-time K-12 student under the age of 21, to take a 25% tax credit on qualified education expenses over $250 this year. The total credit may not exceed $750, regardless of the number of qualifying students.