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In Illinois, thousands of households are unaware that the government owes them money. The Earned Income Tax Credit and Child ...
Marginal tax rate 4.95% Effective tax rate 4.75% Illinois state tax $3,328 Gross income $70,000 Total income tax -$13,780 After-Tax Income $56,220 ...
ILLINOIS, USA — The IRS announced Friday that most relief checks issued by states last year aren’t subject to federal taxes, providing 11th hour guidance as tax returns start to pour in.