Illinois

What's New



By the Numbers

Personal Income Tax Features (2015)
Range of Tax Rates 3.75%
Standard Deduction
  • None
  • Personal Exemption $2,150
    Dependent Exemption $2,150
    Earned Income Tax Credit (EITC) 10% Refundable
  • Flat income tax rate structure
  • Significant exclusion for retirement income
  • Corporate Income Tax Features (2015)
    Range of Tax Rates Significant exclusion for retirement income
    Income Level at Which Top Rate Applies N/A
    Combined Reporting 7.75%
    Apportionment Factor (Payroll) All
    Apportionment Factor (Property) Yes
    Apportionment Factor (Sales) 0%
    Sales Tax Features (2015)
    State Sales Tax Rate 6.25%
    Average Local Sales Tax Rate 1.75%
    Average Combined State & Local Sales Tax Rate 8.0%
    State Sales Tax Treatment of Groceries 1%
    Local Sales Tax Treatment of Groceries Taxed
    Number of Services Taxed 17 out of 168 surveyed (2007)
    Streamlined Sales Tax Membership No
  • Vendor Compensation available without ceiling
  • State sales tax applies to gasoline
  • "Amazon law" in effect
  • Property Tax Features (2015)
  • Does not provide a meaningful circuit breaker for non-elderly taxpayers.
  • Provides a non-refundable income tax credit equal to 5% of property taxes paid.
  • Utilizes split roll system.
  • Other Tax & Revenue Features (2015)
    Gasoline Tax Rate (per gallon) $0.307
    Diesel Tax Rate (per gallon) $0.445
    Cigarette Tax Rate (per pack) $1.98
    Estate or Inheritance Tax Yes
    Net Lottery Sales Per Capita $171 (2010)
    Tax Policy Oversight
    Tax Expenditure Report Yes
    Tax Incidence Analysis Capability Personal income tax only

    Last updated January 13, 2015