Illinoisans are being encouraged to take advantage of savings offered by the newly expanded Illinois Earned Income Tax Credit. The EITC is a benefit that helps low to moderate income workers get a tax break. For tax year 2023, coverage has been expanded to include taxpayers with an IRS-issued Individual Taxpayer Identification Number, as well as workers ages 18 to 24 and over 65. Those claiming Illinois EITC this year will also see their amount of tax relief increased to a 20-percent match of the amount given federally.
***Courtesy of Total Traffic News***