Illinois Income Tax Calculator
Estimate your Illinois income tax burden
Updated for 2024 tax year on Apr 24, 2024
Income tax calculators by state
Illinois state taxes
Quick Illinois tax facts
- State income tax: 4.95%
- State sales tax: 6.25%
- Property tax: 2.16%
- Gas tax: 38.7 cents per gallon
- Tobacco tax: $2.98 per pack of 20 cigarettes
- Insurance premium tax: 1.01%
From Wikipedia
Illinois income taxes
Illinois uses a flat tax system for income, meaning all taxpayers are taxed at the same 4.95% rate, regardless of income level.
There’s no specific payroll tax in Illinois, but employers are obligated to contribute to the state’s unemployment insurance fund.
Illinois does not provide a standard deduction or personal exemption. However, it does offer several tax credits and exemptions based on specific circumstances, such as the Earned Income Credit and property tax credits.
Calculate your income tax in Illinois
Calculating your Illinois state income tax is similar to the steps we listed on our Federal income tax calculator:
- Determine your filing status
- Work out your adjusted gross income [Gross income − Retirement contributions = Adjusted gross income]
- Calculate your state taxable income [Adjusted gross income − (Itemized deductions + Exemptions) = State taxable income]
- Figure out your state/local tax liability [State taxable income × State tax rate = State tax liability]
State income tax brackets
| Tax year | Filing status | Taxable income | Rate |
|---|---|---|---|
| 2023 2022 2021 2020 |
Single Married, Filing Jointly or Widow(er) Married, Filing Separately Head of Household |
Any | 4.95% |
State exemptions
There are state-level exemptions for all type of filers and dependents. Refer to Tax Foundation for more details.
| Tax year | Filing status | Personal exemption amount |
|---|---|---|
| 2023 | Single Married, Filing Separately Head of Household |
$2,425 |
| Married, Filing Jointly or Widow(er) | $4,850 | |
| Dependent(s) | $2,425 | |
| 2022 | Single Married, Filing Separately Head of Household |
$2,375 |
| Married, Filing Jointly or Widow(er) | $4,750 | |
| Dependent(s) | $2,375 | |
| 2021 | Single Married, Filing Separately Head of Household |
$2,325 |
| Married, Filing Jointly or Widow(er) | $4,650 | |
| Dependent(s) | $2,325 | |
| 2020 | Single Married, Filing Separately Head of Household |
$2,275 |
| Married, Filing Jointly or Widow(er) | $4,550 | |
| Dependent(s) | $2,275 |
Illinois sales tax
The state sales tax in Illinois stands at 6.25%. However, local jurisdictions can add their own taxes on top of the state rate, which can make the total sales tax rate significantly higher, especially in areas like Chicago.
Illinois property tax
Property taxes in Illinois average 2.16% of the property’s assessed fair market value, among the highest in the U.S
Illinois capital gains tax
Capital gains in Illinois are treated as regular income and are subject to the flat state tax rate.
Illinois gas tax
Illinois state gas tax is 38.7 cents per gallon, used to fund transportation infrastructure projects.
Illinois tobacco tax
The tax on a pack of 20 cigarettes in Illinois is $2.98, which is among the highest in the country.
Illinois insurance tax
Insurance companies in Illinois pay a tax rate of 1.01% on net insurance premiums.
FAQs
How do I calculate my Illinois income tax?
Calculating your Illinois state income tax is simple! Just follow the six steps listed below:
- Determine your filing status
- Gross income − Retirement contributions = Adjusted gross income
- Adjusted gross income − (Itemized deductions + Exemptions) = State taxable income
- State taxable income × State tax rate = State tax liability
How much is $63000 a year after taxes in Illinois?
With an annual wage of $63,000 in 2022, the total income tax will be $13,938.46 and the take home pay is $49,061.54.