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Illinois Tax Calculator

Calculate your Illinois state income tax, federal tax, FICA, and take-home pay for 2024

Illinois Tax Calculator

$

Your annual income after above-the-line deductions

Your tax filing status

Number of additional dependents ($2,375 each)

$

Leave blank to use standard deduction ($14,600)

Tax Calculation Results

Federal Income Tax

$0
Taxable Income:
$0
Deduction:
$0
Marginal Rate:
0.0%
Effective Rate:
0.00%

Illinois State Tax

$0
Tax Rate:
4.95% (flat rate)
Personal Exemption:
$0
Taxable Income:
$0

FICA Tax

$0
Social Security:
6.2% ($0)
Medicare:
1.45% ($0)
Total Rate:
7.65%
$0
Total Tax
$0
Take-Home Pay
0.0%
Effective Tax Rate

Calculation includes: Federal income tax (progressive brackets), Illinois state tax (4.95% flat rate), and FICA taxes (7.65%)

Note: This calculator provides estimates for tax year 2024. Consult a tax professional for precise calculations.

Tax Breakdown Analysis

Example Calculations

Example 1: Single Filer

AGI: $40,000

Federal tax: $3,041 (after $14,600 standard deduction)

Illinois tax: $1,862 (after $2,375 personal exemption)

FICA tax: $3,060

Total tax: $7,963

Take-home pay: $32,037

Example 2: Married Filing Jointly

AGI: $75,000

Federal tax: $5,481 (after $29,200 standard deduction)

Illinois tax: $3,477 (after $4,750 exemption)

FICA tax: $5,738

Total tax: $14,696

Take-home pay: $60,304

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Illinois Tax Facts

%

Flat State Tax

4.95% flat rate for all income levels

$

Personal Exemptions

$2,375 single, $4,750 married

High Income Phase-out

Exemptions phase out at $250K/$500K

Tax Planning Tips

💡

Illinois has no local income taxes

💡

Consider retirement account contributions to reduce AGI

💡

Itemize deductions if they exceed the standard deduction

💡

Property taxes are separate and vary by county

Understanding Illinois Taxes

Illinois State Income Tax

Illinois uses a flat income tax rate of 4.95% for all taxpayers, regardless of income level or filing status. This is simpler than progressive tax systems but means high earners pay the same rate as low earners.

Personal Exemptions

  • Single filers: $2,375
  • Married filing jointly: $4,750
  • Additional dependents: $2,375 each
  • Phase-out for high earners (AGI > $250K/$500K)

Federal Tax Integration

Illinois residents also pay federal income tax with progressive brackets ranging from 10% to 37%, plus FICA taxes for Social Security (6.2%) and Medicare (1.45%).

What's Not Included

  • Local income taxes (Illinois has none)
  • Property taxes (varies by county)
  • Sales taxes
  • Additional Medicare tax for high earners
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