Finance Maxxing

Illinois

IL·Flat Tax: 4.95%

No standard deduction; personal exemption $2,775 per person (simplified here)

Your Estimated Tax in Illinois

State Tax

$3,713

5.0% effective

Federal Tax

$7,949

Total Tax

$17,399

23.2% effective

Take-Home Pay

$57,601

Based on Single with $75,000 income

2025 Tax Brackets (Single)

Flat rate

Taxable Income	Rate
	$0 – and above	4.95%

Historical Tax Data

2025

FlatTop rate: 4.95%

Flat rate: 4.95%

2024

FlatTop rate: 4.95%

Flat rate: 4.95%

2023

FlatTop rate: 4.95%

Flat rate: 4.95%

2022

FlatTop rate: 4.95%

Flat rate: 4.95%

2021

FlatTop rate: 4.95%

Flat rate: 4.95%

Tax Programs & Benefits

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Bright Start 529 (Illinois)

$10K/$20K state tax deduction for 529 contributions

529 College Savings

Illinois Secure Choice

State retirement savings program with Roth IRA benefits

Retirement Programs

Illinois Property Tax Credit

5% credit on property taxes paid on primary residence

Tax Credits

Assumptions & Disclaimers

Tax Year: 2025*

Filing Status: Single*

Income: $75,000*

Tax bracket data based on published state tax schedules. Does not account for all credits, exemptions, or local surtaxes. This is not tax advice.

* Configurable in Detailed Profile