Illinois child tax credit: who gets it, how much is it?
$50M tax credit program will provide up to roughly $300 for low-income families
SPRINGFIELD (Capitol News Illinois) -- In the final hours of their spring legislative session, Illinois lawmakers approved a tax credit of up to about $300 for families with young children. The credit is available to Illinoisans with children under age 12 who qualify for the federal Earned Income Tax Credit, or EITC. Although it has exceptions, that credit is generally available to married couples earning up to about $60,000 and single people earning up to about $50,000, depending on the […]
