DawnC
Expert Alumni

Deductions & credits

As stated above, there is an income limitation on the Property Tax Credit.   TurboTax will automatically adjust the credit amount to zero if your income is over the threshold.  

 

  • If your federal filing status is married filing jointly and your federal AGI is greater than $500,000, you are not entitled to a property tax credit or a K-12 education expense credit.   
  • If your federal filing status is single, head of household, married filing separately, or widowed and your federal AGI is greater than $250,000, you are not entitled to a property tax credit or a K-12 education expense credit.

For more information, see Publication 108, Illinois Property Tax Credit

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post