If you make $70,000 a year living in Illinois as a single filer, you will be taxed $13,780. Your average tax rate is 14.93% and your marginal tax rate is 22%.

Are pension plan payments taxed in Illinois? What about Social Security? Find out which forms of retirement income are taxed ...

CHICAGO As students across Illinois return to the classroom, Governor Pritzker and the Illinois Department of Revenue (IDOR) ...

Taxpayers could benefit from federal tax cuts across every state thanks to Trump's "Big Beautiful Bill." See how much ...

Illinois has a flat tax of 4.95%, while Wisconsin has several brackets based on income. Flat taxes have been a debate in past governor's races.

The tax rules affecting people who live and work in different states can vary significantly by state – learn how to handle ...

Individual income tax rate over time Does not show the Illinois corporate income tax rate, which was also raised, to 7 percent from 5.25 percent. .g-artboard { margin:0 auto; } #g-taxes-mobile { ...

Gov. J.B. Pritzker outlines his plan to replace Illinois’ flat-rate income tax with a graduated structure, at the Illinois State Capitol on March 7, 2019, in Springfield.

The newly increased 4.95 percent Illinois income tax will cost about $822 a year more for a family of three making $75,000. But a retiree living off $75,000 in pension and Social Security income ...

Illinois Rejects Graduated Income Tax Proposal Gov. Pritzker had touted a graduated rate, which would have taxed the wealthy more, as a necessary step in solving a fiscal crisis in the state ...

Rauner went on to list examples of other states — New Jersey, New York, Minnesota and California — where people earning $40,000 a year pay more in state income tax than the 4.95 percent rate ...