Illinois starts sending property, income tax rebates to 6M taxpayers, Gov. JB Pritzker says
SPRINGFIELD, Ill. (WLS) -- Keep an eye on your mailboxes and bank accounts: you might get a tax rebate from the state of Illinois soon.
About 6 million Illinois taxpayers will start to receive income and property tax rebates Monday, Gov. JB Pritzker said.
Those who made less than $200,000 in 2021 and are not claimed as a dependent on another return will receive $50 rebates. Couples filing jointly with incomes under $400,000 will receive $100. Tax return filers will also receive $100 per dependent they claimed on their 2021 taxes, for up to three dependents.
The rebates will be sent automatically to residents who filed 2021 state income taxes and claimed a property tax credit. Anyone who hasn't filed can still access the rebates if they file before or on Oct. 17.
You don't have to do anything to get the refund. The money comes from an aid package signed into law by the governor last year.
"This $1.8 billion in tax relief is possible because Democrats balanced the budget, eliminated the bill backlog, funded schools, fixed roads - and through responsible financial decision-making - still found ourselves with a one-time surplus," Pritzker said. "There are those who might have sent those funds straight back into the pockets of the 1% and big corporations instead of to working families, but that's not what good government does."
It will take several weeks to get the refunds out to everyone who's eligible.
The rebate will come in the same manner you received your income tax refund. If you did not receive a refund, the checks will be mailed to you.
Illinois is also providing property tax rebates for eligible homeowners. Those rebates will be equal to the property tax credit they qualified for on their 2021 returns, up to a maximum of $300, with restrictions.
Republican candidate for governor Darren Bailey told ABC 7 that the refunds are an election year gimmick that isn't going to work.
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