Illinois State Tax Filing

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Illinois Tax Details

The Illinois Department of Revenue made very few changes for the 2020 tax year.

The personal exemption amount was increased to $2,325. In addition, the subtraction for Home Ownership Made Easy Earnings is no longer available.

Illinois now allows the subtraction for gift contributions to Illinois college savings programs or ABLE accounts to be claimed even without an account number, as long as the taxpayer attaches a copy of the cancelled check and the name and address of the account owner to their tax return.

The deadline for taxpayers to file their 2020 Illinois tax return and pay any 2020 income tax due has been extended to May 17, 2021.

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