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The income tax rate in Illinois is 4.95%, after an increase from 3.75% in 2017. Illinois also has higher-than-average sales taxes and property taxes. A financial advisor can help you understand how taxes fit into your overall financial goals.
SmartAsset's Illinois paycheck calculator shows your hourly and salary income after federal, state and local taxes. Enter your info to see your take home pay.
Use our income tax calculator to find out what your take home pay will be in Illinois for the tax year. Enter your details to estimate your salary after tax.
You can quickly estimate your Illinois State Tax and Federal Tax by selecting the tax year, your filing status, Gross Income and Gross Expenses, this is a great way to compare salaries in Illinois and for quickly estimating your tax commitments in 2024.
These user-friendly tools are designed to help individuals and businesses in Illinois quickly estimate income tax liabilities for various tax years and view the associated effective tax rate and marginal tax rate.
You are able to use our Illinois State Tax Calculator to calculate your total tax costs in the tax year 2024/25. Our calculator has recently been updated to include both the latest Federal Tax Rates, along with the latest State Tax Rates.
The stunning Illinois tax calculator helps you calculate how much of your Adjusted Gross Income (AGI) you will devote to taxes during 2022. Although Illinois has a flat income state tax, other taxes, such as federal and property taxes, might be a headache for the layman.