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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.
Illinois – 4.95% (July 2017) ... residents must file the Earnings tax form to report wages on ... these states have no state corporate income tax as of Feb 1, 2020 ...
The Illinois Department of Revenue (IDOR) is the code department [1] [2] of the Illinois state government that collects state taxes, operates the state lottery, oversees the state's casino industry, oversees the state's thoroughbred and harness horse racing industries, and regulates the distribution of alcoholic beverages throughout Illinois, including beer, wine, and liquor. [3]
If you’re an Illinois resident or business owner, you have until April 18, 2023, to file your Illinois state income taxes. If you’re expecting a refund this year, this quick guide explains how ...
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Using Your W-2 Form for Tax Filing. Your W-2 is essential when it comes time to file your taxes. You can either fill out the required forms, or use tax preparation software.
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