
Illinois State Income Tax Rates
Here are the income tax rates, sales tax rates and more things you should know about taxes in Illinois in 2024 and 2025.
Amy Hoak is Bankrate contributor and a freelance writer in the Chicago area. Her work has appeared in a variety of online publications, magazines, newspapers and wire services, including MarketWatch, The Wall Street Journal, Reuters and Rotary Magazine. She began writing about business and personal finance while working as a newspaper reporter more than 20 years ago, and enjoys covering stories that help people manage their money. Amy also works as a grant writer, specializing in helping nonprofits and artists obtain funding for their projects.
Here are the income tax rates, sales tax rates and more things you should know about taxes in Illinois in 2024 and 2025.
Here are the income tax rates, sales tax rates and more things you should know about taxes in Delaware in 2024 and 2025.
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The home office tax deduction can trim your tax bill, if you qualify for it.
The qualified business income deduction, or QBI, can reduce your business income by up to 20 percent at tax time.
The property tax deduction can trim your taxable income by as much as $10,000, if you itemize your deductions.
If you can’t pay your tax bill, consider these four strategies for reducing major penalties.