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Cappel-backed measure sends tax rebates to Illinois families

 

Last updated 9/19/2022 at 9:43pm



Illinois taxpayers can expect to see up to $700 in tax rebates in the coming weeks thanks to the State Senator Meg Loughran Cappel-supported Illinois Family Relief Plan.

“From pandemic losses to the increased cost-of-living, families across the state are facing financial distress,” said Cappel (D-Shorewood). “As a General Assembly, we recognized the daily struggles of hardworking people and passed a comprehensive plan to provide them with much-needed relief to help them get back on their feet.”

Supported by Cappel, the Illinois Senate championed Senate Bill 157, which provides millions of Illinois taxpayers with financial relief – including direct tax rebates.

Under the law, people who filed 2021 Illinois taxes are eligible to receive up to $700. Individual filers who make less than $200,000 will receive a $50 income tax rebate, and couples who make less than $400,000 will receive $100. Filers are also eligible for $100 per dependent, with a maximum of three.

Additionally, people who paid property taxes in 2021 on their primary residence in 2020 – and make less than $250,000 individually or $500,000 jointing – are eligible for up to $300. The rebate will be equal to the property tax a resident was qualified to claim on their 2021 taxes.

People who filed taxes will automatically receive their rebate starting this week – otherwise they have until Oct. 17 to do so.

“I want Illinois families to know they are not alone – we are in your corner to help you navigate this uncertain time,” Cappel said. “These rebates will help people with everyday expenses, like gas and groceries. However, should you choose to use it for leisure, please shop local.”

For more information on how the funds will be dispersed or to see qualification criteria, people can visit tax.illinois.gov/rebates.

 

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