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State of Illinois Income Tax Rate Increased to 4.95%

The Illinois Income Tax rate for individuals has increased from 3.75 percent (.0375) to 4.95 percent (.0495), effective July 1, 2017.

The new rate is effective beginning with the July 14, 2017, payment date.

Additional information and resources available at below Illinois Department of Revenue URL:

2017-07-12T08:48:21.584-05:00 2017