This fall, Illinois residents could see checks in the mail or deposits in their bank accounts thanks to Gov. JB Pritzker’s Illinois Family Relief Plan. Both Individual Income Tax Rebates and Property Tax Rebates are scheduled to begin Monday, September 12, with distribution estimated to take eight weeks.
Read below to see if you’re within the income limits to qualify for the Individual Income or Property Tax Rebate.
Individual Income Tax Rebate
If you’re filing as a single person, your rebate amount is $50 ($100 for a couple married filing jointly). If you have dependents, you will receive a rebate amount of up to $300 ($100 per dependent, with a maximum of three.)
To qualify for the Individual Income Tax Rebate, you had to have been an Illinois resident in 2021. Your adjusted gross income on your 2021 Form IL-1040 must be under $400,000 for married filing jointly or $200,000 for individual.
If you filed the 2021 IL-1040, you will receive your rebate automatically. If you have not yet filed your income tax returns, you can still claim your rebate if you file by October 17th.
Property Tax Rebate
The Property Tax Rebate amount is equal to the property tax credit you were qualified to claim on your 2021 IL-1040 (up to a maximum of $300). To qualify, you must be an Illinois resident who paid property taxes in 2021 on your primary residence in 2020. Additionally, your adjusted gross income on your 2021 Form IL-1040 must be $500,000 or less if married filing jointly or $250,000 or less if filing as a single person.
If you filed the 2021 IL-1040 and Schedule ICR, you will receive your rebate automatically. If you have not yet filed your income tax returns, you can still claim your rebate if you file by October 17th.
How will I receive my rebate(s)?
Your rebates will be sent automatically in the method that your original income tax refund was sent by Illinois. If you did not receive a refund, did not file an Illinois income tax return, or are requesting the property tax rebate separately, then your rebate will be sent by paper check to your most recent address on file.
If you didn't receive a refund or were given a paper check refund, it may take longer for the rebate to be issued. Taxpayers who have yet to file or submit their 2021 IL-1040 form will receive their rebate after the submission is reviewed.
If you meet the requirements for the rebates, you can check the status of your rebates on Illinois’s Where's My Rebate? site.