The rebates, part of the Illinois Family Relief Plan that was passed earlier this year, apply to many state residents who paid state income taxes for the year 2021, or that paid property taxes during that calendar year.
Taxpayers will be eligible for an income tax rebate of $50 for individual filers or $100 for joint-filers, so long as their income was below $200,000 or $400,000, depending on filing status. Those with dependents will also receive a rebate of $100 per claimed dependent, and filers will be eligible for up to three of those rebates.
Source: Real Estate Daily Report (realestatedailyreport.net)
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