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Illinois Earned Income Tax Credit

Details on the Illinois EITC

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The Earned Income Tax Credit, or EITC, is a federal income tax credit for low-income working families and individuals. Twenty-three states and the District of Columbia have their own version of the EITC. Most state EITCs are based on the amount of the taxpayer's federal EITC and have the same or similar eligibilty rules as the federal credit. Many state EITCs are also refundable.

Illinois Earned Income Tax Credit

The Illinois Earned Income Tax Credit is based on the amount of the taxpayer's federal EITC and is refundable.

  • State: Illinois
  • Percentage of federal credit: 5%
  • Is it refundable? Yes
  • Income eligibility criteria same as federal? Yes

Also See:

  1. About.com
  2. Money
  3. Tax Planning: U.S.
  4. State Taxes
  5. State Income Taxes
  6. Illinois Earned Income Tax Credit - The Illinois State Earned Income Credit

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