Illinois expanded tax credits for some workers and families but the money isn’t being claimed, experts say – Chicago Sun-Times

About 8,274 Illinois taxpayers claimed the earned income tax credit on their 2022 federal tax returns but didn’t take advantage of the state EITC, according to the latest figure from the Illinois Department of Revenue. That meant an estimated $4.15 million went unclaimed by Illinois taxpayers who would have qualified.
1 Comment
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Daskoterzar
1 year ago

Gosh, well…I certainly appears that these folks didn’t know about it. The State certainly doesn’t make it easy to know about the credits, so perhaps if 8,274 people are known to have not taken advantage of this credit…perhaps the state should proactively help… what a concept.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check what you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE