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Illinois Income Tax Calculator (2026)

Enter your income and filing details to calculate your 2026 Illinois state tax, federal income tax, FICA payroll taxes, and final take-home pay. Illinois uses a flat 4.95% state income tax rate that applies to all income levels. You can also factor in retirement income exemptions, dependents, the property tax credit, and whether you are self-employed. All results update instantly.

Your details

Your total annual wages, salary, or self-employment income before any deductions.
USD
Your federal and state filing status. Married filing jointly combines both spouses' income.
Number of qualifying dependents. Each adds $2,925 to your Illinois exemption allowance for 2026.
Pension, 401(k), or IRA distributions included in your gross income. Illinois exempts most retirement income from state tax.
USD
Self-employed individuals pay both the employer and employee shares of FICA (15.3% on net earnings), but can deduct half for federal purposes.
Traditional 401(k) contributions reduce your federal taxable income. Illinois does NOT allow a deduction for 401(k) contributions.
USD
Illinois offers a non-refundable credit equal to 5% of property tax paid on your principal Illinois residence. It cannot exceed your Illinois tax and is disallowed above the AGI limit.
USD
Illinois does not have a standard deduction - only the personal exemption applies at the state level.
Annual take-home payModerate total tax burden
58,025USD

Income remaining after all federal, state, and FICA taxes

Illinois state tax3,568USD
Federal income tax7,670USD
FICA (Social Security + Medicare)5,738USD
Total taxes16,975USD
Effective Illinois rate4.76%
Effective federal rate10.23%
Effective total rate22.63%
Monthly take-home pay4,835USD
Illinois property tax credit0USD
22.63% %
Light burden<15%Moderate15%-25%High burden25%-35%Very high35%+
070k139k20000110000200000
Gross Income (USD)
Amount (USD)
Gross Income (USD)Take-home payFederal taxIllinois tax
20k17k390845.21
30k25k1k1k
40k32k3k2k
50k40k4k2k
60k48k5k3k
75k58k8k4k
100k74k13k5k
125k91k19k6k
150k107k25k7k
175k122k31k9k
200k139k37k10k
  • Take-home pay
  • Federal tax
  • Illinois tax

You keep $58,025 of your $75,000 income (77.4% take-home rate).

  • Your Illinois state tax is $3,568 at an effective rate of 4.76%. The state flat rate is 4.95%, but exemptions reduce your effective rate.
  • Federal income tax comes to $7,670, and FICA payroll taxes add another $5,738, bringing total taxes to $16,975.
  • You keep $58,025 per year ($4,835 per month), which is 77.4% of your gross income.

Next stepConsider whether maximizing pre-tax 401(k) contributions would reduce your federal taxable income. Illinois does not tax most retirement income, making it relatively favorable for retirees.

How Illinois income tax works

Illinois levies a single flat income tax rate of 4.95% on all taxable income, regardless of how much you earn. This makes it one of the simpler state tax systems in the country: unlike federal taxes, there are no graduated brackets and your rate does not change as your income rises. Taxable income for Illinois purposes is your gross income minus the exemption allowance ($2,925 per exemption in 2026, so $5,850 for a married couple filing jointly) and any qualifying subtractions such as retirement income. The allowance is disallowed entirely once adjusted gross income exceeds $500,000 on a joint return or $250,000 on any other return. The result is that effective rates are slightly below the 4.95% statutory rate for most residents, because the exemption shelters the first portion of income from tax.

Federal income tax and FICA alongside state tax

Illinois residents also owe federal income tax at graduated rates ranging from 10% to 37% depending on taxable income and filing status, plus FICA payroll taxes of 6.2% for Social Security (on wages up to the $184,500 wage base for 2026) and 1.45% for Medicare (on all wages, with an additional 0.9% above $200,000 for single filers, $250,000 for joint filers, or $125,000 if married filing separately). If you are self-employed you pay both halves of FICA, effectively 15.3%, but you can deduct half of that as an adjustment to income for federal purposes. Together, state, federal, and FICA taxes determine how much of each dollar you actually keep.

Illinois-specific exemptions and credits

Several Illinois-specific rules can meaningfully reduce your bill. Most retirement income is exempt: pension payments, Social Security benefits, 401(k) and IRA distributions are generally not taxed at the state level, which makes Illinois relatively retirement-friendly compared with many other states. Illinois also offers a property tax credit equal to 5% of the property tax you paid on your principal Illinois residence during the year, which directly offsets your state tax bill. Families with private school costs may qualify for a K-12 education expense credit up to $750. Both credits, like the exemption allowance, are unavailable once adjusted gross income exceeds $500,000 on a joint return or $250,000 on any other return. Contributions to the state-sponsored Bright Start college savings plan are deductible from Illinois income up to $10,000 per year for single filers.

How to read your results

The calculator shows three separate tax lines, Illinois state tax, federal income tax, and FICA payroll taxes, so you can see exactly where each dollar goes. The effective rate for each type is your actual tax for that category divided by gross income, which is always lower than the stated statutory rate. The take-home figure is what remains after all three types of tax. Monthly take-home is simply the annual figure divided by 12. If you pay property taxes, enter the amount to see the 5% credit applied automatically. All figures are estimates based on 2026 rates and assume the income is fully earned (wages or self-employment), with no investment income, itemized federal deductions beyond what you enter, or other adjustments.

Illinois income tax at a glance (2026)

Filing statusFlat tax rateExemption allowancePer dependentAGI cut-off
Single4.95%$2,925$2,925$250,000
Married filing jointly4.95%$5,850$2,925$500,000
Married filing separately4.95%$2,925$2,925$250,000
Head of household4.95%$2,925$2,925$250,000

Illinois uses a single flat rate for all filing statuses. The exemption allowance reduces taxable income and is disallowed once AGI exceeds $500,000 (joint) or $250,000 (all other returns).

Frequently asked questions

What is the Illinois state income tax rate for 2026?

Illinois taxes all income at a flat rate of 4.95% for tax year 2026, the same rate that has applied since July 2017. The rate applies to all filing statuses and all income levels, so there are no brackets to navigate. Your effective rate will be slightly below 4.95% because the exemption allowance reduces taxable income.

Does Illinois tax Social Security or retirement income?

No. Illinois does not tax Social Security benefits, pension income, 401(k) distributions, IRA withdrawals, or most other retirement income. This is one of the most generous retirement income exemptions in the country and makes Illinois relatively affordable for retirees from a state tax standpoint.

What is the Illinois exemption allowance for 2026?

For 2026, the Illinois exemption allowance is $2,925 per exemption, up from $2,850 in 2025. Single filers get one exemption ($2,925), married couples filing jointly get two ($5,850), and each qualifying dependent adds another $2,925. Taxpayers who are 65 or older, or legally blind, get an extra $1,000 each. The allowance is subtracted from income before applying the 4.95% rate, and it is disallowed if adjusted gross income exceeds $500,000 (joint) or $250,000 (all other returns).

Is there a local income tax in Illinois?

No. Illinois cities and counties do not levy a separate local income tax. The only income taxes Illinois residents owe are the flat 4.95% state tax and the applicable federal taxes. Chicago does levy local taxes on certain transactions but not on earned income.

How does the Illinois property tax credit work?

Illinois homeowners can claim a property tax credit equal to 5% of the property tax paid on their principal Illinois residence during the tax year, figured on Schedule ICR. The credit directly reduces your Illinois income tax bill and is non-refundable, meaning it can reduce your tax to zero but you do not receive a refund if it exceeds your liability and you cannot carry the unused portion forward. It is not allowed at all if your adjusted gross income exceeds $500,000 on a joint return or $250,000 on any other return.

Do self-employed people pay a different Illinois rate?

No. Self-employed individuals pay the same 4.95% Illinois flat rate on net self-employment income. However, at the federal level, self-employed people owe self-employment tax (15.3%) in place of employee FICA, and they can deduct half of that tax as an adjustment to income before calculating both federal and Illinois taxes.

How does Illinois tax compare with neighboring states?

Illinois sits in the middle of the pack for state income tax burden among its neighbors. Indiana and Iowa both use flat rates below 4%, Wisconsin uses graduated brackets topping out around 7.65%, and Missouri and Ohio top out below 5%. The Illinois flat 4.95% rate is competitive for high earners but less favorable for lower-income filers than flat-tax states with lower rates. Confirm current neighboring-state rates with each state's revenue department before relying on the comparison.

Sources

Written by Sarah Klein, CFP Certified Financial Planner · Chicago, USA

Fifteen years translating mortgage tables and amortization schedules into decisions that actually help real borrowers.

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