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News – Thursday, February 8, 2024
Governor Pritzker and the Illinois Department of Revenue Encourage Taxpayers to Take Advantage of Illinois' Expanded, Earned Income Tax Credit
Governor Pritzker and the Illinois Department of Revenue (IDOR) are encouraging Illinoisans to take advantage of savings offered by the newly expanded Illinois Earned Income Tax Credit (EITC), a benefit that helps low to moderate income workers get a tax break. For tax year 2023, coverage has been expanded to include taxpayers with an IRS-issued Individual Taxpayer Identification Number (ITIN), as well as workers ages 18 to 24 and over 65 (without qualifying child).
In addition to expanded coverage, those claiming Illinois EITC this year will see their amount of tax relief increased to a 20 percent (previously 18 percent) match of the amount given federally.
For more information, see the EITC press release here.