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  2. Illinois Fair Tax - Wikipedia

    en.wikipedia.org/wiki/Illinois_Fair_Tax

    Illinois is one of 11 U.S. states with a flat income tax; seven states have no income tax; 32 other states use graduated income taxes, which tax higher incomes at a higher rate. [5] The last state to switch from a flat state income tax to a graduated state income tax was Connecticut in 1996.

  3. Tax Tips: Where do I find free printable tax forms? - AOL

    www.aol.com/2008/01/09/tax-tips-where-do-i-find...

    Tax forms are available on the Internal Revenue Service website. In addition to offering tax forms and instructions online, the IRS also offers lots of resources to help you understand your taxes ...

  4. Illinois Transportation Taxes and Fees Lockbox Amendment

    en.wikipedia.org/wiki/Illinois_Transportation...

    Under the proposed amendment, transportation funds may be used by the State or local governments only for the following purposes: (1) costs related to administering transportation and vehicle laws, including public safety purposes and the payment of obligations such as bonds; (2) the State or local share necessary to secure federal funds or for ...

  5. Free File - Wikipedia

    en.wikipedia.org/wiki/Free_File

    The IRS Free File Program is a service that allows U.S. taxpayers to prepare and e-file their federal income tax returns for free. Through the program, commercial tax software companies that are part of the Free File Alliance offer free tax preparation software to tax filers with annual adjusted gross income (AGI) below $73,000 for Tax Year 2022.

  6. Illinois legislator looks to expand Cook County property tax ...

    www.aol.com/news/illinois-legislator-looks...

    Efforts to address the state’s property taxes, which are among the highest in the nation, have largely gone nowhere at the statehouse. A state commission set to start Jan. 1, is set to evaluate ...

  7. IRS tax forms - Wikipedia

    en.wikipedia.org/wiki/IRS_tax_forms

    As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.

  8. State and local tax deduction - Wikipedia

    en.wikipedia.org/wiki/State_and_local_tax_deduction

    The deduction disproportionately benefits wealthy and upper-middle class taxpayers living in areas with comparatively high state and property taxes. [2] [3] [4] The Tax Cuts and Jobs Act of 2017 signed into law by President Donald Trump put a $10,000 cap on the SALT deduction for the years 2018–2025. [5]

  9. Illinois quick hits: Illinois pension liability 2nd worst in U.S.

    www.aol.com/news/illinois-quick-hits-illinois...

    Behind only Connecticut, Fitch pegs Illinois’ unfunded pension liability and other post employment benefits at $206.5 billion, taking up 22.8% of the state’s personal income.

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