Illinois has a 3% flat rate with basically 0% deduction. s Looking at my 08 taxes I just about paid that full 3% last year - I got a little return from the state. But after my federal deductions I only paid $150 more in federal taxes than in state taxes.
And, since Pat Quinn took over there was rumors of him raising the taxes to a flat rate of 4.5%, if that happens I might pay more in state taxes then federal.
Isn't that kinda messed up?
To give numbers on my taxes, I made $24k last year, reduced my federal taxable wages to about 8500, so I paid about $850 in taxes, I think Illinois gives you about $4000 deduction per dependent under 18 and thats it, because I paid about $700 in state taxes.
Whats your state tax like?
Answer by Anonymous at 10:46 AM on Nov. 12, 2009
Answer by viridian at 10:49 AM on Nov. 12, 2009
Answer by Anonymous at 11:08 AM on Nov. 12, 2009
Yes, it all depends on your state tax rate. My husband works, lives and is a primary resident of IL. I am employed in and a primary resident of CA. We have homes in both places. Our tax return is a nightmare. So glad my husband's salary is earned in IL, such a smaller state tax burden. What's with the property taxes in Chicago? No one seems to be able to explain the rate calculation......
Answer by Sisteract at 11:09 AM on Nov. 12, 2009
Answer by grlygrlz2 at 11:12 AM on Nov. 12, 2009
Answer by yourspecialkid at 11:15 AM on Nov. 12, 2009
Answer by viridian at 11:17 AM on Nov. 12, 2009
Answer by Anonymous at 11:59 AM on Nov. 12, 2009
Answer by Fordmomma at 12:15 PM on Nov. 12, 2009
Answer by JulieJacobKyle at 12:25 PM on Nov. 12, 2009
Next question overall
I know there are tons of questions about porn but I have another one! I am...