Where can I deduct my personal property taxes for the state of Illinois in TurboTax?

[david-caruana]

I can't find anything about this online. Are personal property taxes still deductible in the State of Illinois? If so, where can I enter that in TurboTax? The Property Tax Credit appears to be strictly for real estate taxes only.

[Mike9241 · Accepted solution]

personal property taxes are not deductible for Illinois taxes (if they are business-related they should be deducted on the business form). Only real estate taxes on your principal residence and it's a credit of 5% of the RET. Complete form ICR. Illinois has several limitations as to the credit. if income is too high it's zero, if any is allocable to a business only the nonbusiness portion is eligible for the credit. you must timely pay the taxes