Illinois residents may be eligible for a one-time payment of up to $700 from the state’s tax rebates. The payments for these rebates were sent out in September, but it can take months to process the checks for all residents, according to Illinois Government.
To be eligible for the income tax rebate, residents must have lived in Illinois in 2021 and had an adjusted gross income of less than $200,000 for individuals or $400,000 for joint filers. Tax returns must have been filed by October 17, 2022 to qualify for the rebate. The amount of the rebate varies depending on the filing status and the number of dependents claimed. Eligible residents will receive $50 ($100 for joint filers) plus $100 per dependent for up to three dependents.
According to Tax School Blog, to check the status of your rebate, you can use the “Where’s My Rebate?” tool on the Illinois Department of Revenue’s website. To use the tool, you will need your name, social security number or taxpayer identification number, adjusted gross income, and Illinois PIN number. If your information does not come up with the tool, try using your spouse’s name instead.
The Blog also stated that your rebate will be paid the same way you received your 2021 Illinois income tax refund. If you opted for a direct deposit, you should expect the cash to be deposited into that bank account. If you received a paper check, that is how your rebate will also be sent to you. Those who did not earn a tax refund will receive a paper check at the address listed on their tax returns. However, mail delays may cause delays for those receiving their checks via mail.
In total, $1.2 billion will be sent out to the 6 million eligible Illinois residents. If you believe you are eligible for a rebate and have not yet received it, you can use the “Where’s My Rebate?” tool to check its status.