KathrynG3
Expert Alumni

Deductions & credits

It depends. In TurboTax, go to the left navigation pane>State>Continue

 

Click Continue by Illinois and answer the questions. You will be asked about details for your Illinois Property Tax if you have not yet entered anything.

 

OR, if you have already answered the questions, then after clicking Continue by Illinois, it will ask

  • if you were a full-time resident of Illinois-only residents of Illinois are eligible for the credit
  • what county you lived in; answer/verify your answer and click Continue
  • Click Done with income at the bottom of a list of credits
  • Click Edit by Property Tax Credit at the top of the next screen to adjust your answer

 

To learn more from the Illinois Revenue site, click the following link to learn who qualifies for the credit. See below or go to this Illinois.gov Q&A page to learn more.

Keep in mind  the income limits: "The Illinois Property Tax Credit is not allowed if the taxpayer’s adjusted gross income for the taxable year exceeds $500,000 for returns with a federal filing status of married filing jointly, or $250,000 for all other returns."
You must use the Schedule ICR, Illinois Credits, to calculate your property tax credit. This credit is generally 5% of the property tax you paid during the tax year for real estate that included your principal residence. For more information about the property tax credit, please refer to Publication 108, Illinois Property Tax Credit.