Earned income credit in Illinois
Varies
Does Illinois Have an Earned Income Tax Credit?
Short answer: Yes: Illinois offers the Illinois Earned Income Tax Credit, 20% of the federal EITC (refundable). Wider eligibility than the federal credit: ITIN filers, and workers without children aged 18–24 or 65+. Recipients with a child under 12 also get the Illinois Child Tax Credit, worth 40% of the Illinois EITC.
Claim the federal EITC on Form 1040 (with Schedule EIC if you have qualifying children); state credits go on your state return.
Records to keep: Keep your state return, W-2s and 1099s (1099-R, SSA-1099), and any state credit worksheets. Check your state revenue department's current-year instructions before you file.
Earned income credit in Illinois
Varies
Individuals / Personal Taxes
Yes: Illinois offers the Illinois Earned Income Tax Credit, 20% of the federal EITC (refundable). Wider eligibility than the federal credit: ITIN filers, and workers without children aged 18–24 or 65+. Recipients with a child under 12 also get the Illinois Child Tax Credit, worth 40% of the Illinois EITC.
Business justification
Yes: Illinois offers the Illinois Earned Income Tax Credit, 20% of the federal EITC (refundable). Wider eligibility than the federal credit: ITIN filers, and workers without children aged 18–24 or 65+. Recipients with a child under 12 also get the Illinois Child Tax Credit, worth 40% of the Illinois EITC. Claim the federal EITC on Form 1040 (with Schedule EIC if you have qualifying children); state credits go on your state return.
Category
- Personal Tax Deductions