A majority of Illinois residents shall be receiving an revenue tax rebate, property tax rebate or each this month, with checks being lower as early as Monday.

Distribution ought to end roughly by mid-November, the Illinois Division of Income instructed CNET.

“We’re working additional time, we will get these rebate checks out as quickly as we will,” Assistant Comptroller Kevin Schoeben instructed WICS TV-20. “It is simply the sheer quantity that we have now to launch inside that interval.”

The refunds are a part of Gov. JB Pritzker’s $1.eight billion Illinois Household Aid Plan, which went into impact July 1. It additionally included a suspension of gross sales tax on faculty provides in August, on groceries by way of June 30, 2023, and a pause of the deliberate fuel tax enhance till January 2023. 

Here is what it’s worthwhile to learn about Illinois state tax rebates, together with who qualifies, how a lot you can get and the way you will receives a commission.

For extra on financial aid, see what different states are issuing tax rebates and stimulus funds and baby tax credit,

Who qualifies for the Illinois revenue tax rebate?

Illinois residents who paid taxes in 2021 and made underneath $200,000 in the event that they filed individually or underneath $400,000 for {couples} submitting collectively all qualify.

How a lot is the revenue tax rebate for?

People will obtain a $50 revenue tax rebate; {couples} will obtain $100. 

The rebate can be price $100 per dependent claimed in your 2021 taxes, for as much as three dependents. In all, a household of 4 can earn as a lot as $300.

What’s the Illinois property tax rebate?

Illinois residents who paid state property taxes final 12 months on their main residence in 2020 are eligible for the rebate if their adjusted gross revenue on their 2021 Type IL-1040 is underneath $250,000. For {couples} submitting collectively, the cap is $500,000.

How a lot is the property tax rebate price?

Your rebate is the same as the property tax credit score you have been certified to assert in your 2021 IL-1040 kind, as much as $300.

How will certified taxpayers obtain their cash?

In case you filed 2021 Type IL-1040 and Schedule ICR, you need not do something. The state will ship the rebate the identical manner you acquired your state tax refund.

In case you did not get a refund, a bodily test shall be mailed to the handle in your tax return. 

For residents receiving each property and revenue rebates, the funds will are available a single deposit or test. 

In case you imagine you’re eligible for a refund test and don’t obtain one, you might have till Oct. 17 to file a Property Tax Rebate kind. You possibly can submit it electronically by way of MyTax Illinois or mail in a paper kind.

When will I get my cash?

Checks begin being distributed Sept. 12, in accordance with the comptroller, and it ought to take about eight weeks to get the ultimate ones out.

You possibly can at all times test on the standing of your rebates through the use of the The place’s My Rebate? software. 

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