Illinois e-News Release
For Immediate Release
January 27, 2023
Media Contact: Maura Kownacki
Phone: 312-814-1777
Governor Pritzker Reminds Eligible Taxpayers to Take Advantage of Earned Income Tax Credit
CHICAGO- With thousands of Illinoisans failing to take advantage of savings offered by the federal Earned Income Tax Credit (EITC) and state Earned Income Credit (EIC) each tax season, Governor JB Pritzker is reminding qualifying taxpayers to claim these valuable benefits.
“My administration’s first focus will always be supporting Illinois’ working families—and that means putting money back into the pockets of those who need it most,” said Governor JB Pritzker. “With tax season well underway, I encourage all eligible Illinoisans to take advantage of our state Earned Income Credit and federal Earned Income Tax Credit.”
To be eligible for tax year 2022 (tax returns filed in 2023), taxpayers must have received “earned income” in 2022, meet certain income and residency qualifications, and file a tax return even if they do not owe any tax or are not required to file. The Internal Revenue Service (IRS) recommends that all workers who earned $59,187 or less last year, learn about EITC eligibility and use the
EITC Assistant to see if they meet qualifications.
Taxpayers eligible for the federal EITC also automatically qualify for the Illinois EIC, which is a refundable tax credit worth up to 18 percent of their federal claim. Despite that, in 2022, more than 70,000 Illinoisans claimed a federal EITC credit without also claiming the state EIC, leaving over $25.3 million unclaimed.
“We continue to work with Governor Pritzker and his office to coordinate outreach efforts to increase state participation by targeting taxpayers who qualified for federal EITC credit but failed to claim the state EIC credit on their Illinois returns,” Illinois Department of Revenue Director David Harris said. “We urge all working taxpayers to check their eligibility status as this can change each year and be sure to claim both the state and federal credits to maximize savings."
For the 2022 tax year, the earned income credit ranges from $560 to $6,935, depending on the number of children claimed on the return. However, taxpayers do not have to have a child to claim the credit. Last year, 25 million eligible workers and families received $63 billion through the federal EITC. Taxpayers receiving earned income in the last three years that did not claim these benefits can still apply by filing amended returns.
To determine an Illinois EIC amount, taxpayers can follow the
instructions for
Schedule IL-E/EIC. For more information on determining a federal credit, taxpayers can visit the IRS website at
www.irs.gov.
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