ROCKFORD, Ill. (WTVO) — The Illinois Department of Revenue (IDOR) announced Thursday that it will begin accepting and processing 2023 tax returns on January 29th, 2024.
That is also the same day the Internal Revenue Service begins accepting federal income tax returns.
“We encourage taxpayers to file electronically as early as possible as this will speed processing. If they are due money back, they should choose direct deposit as that ensures the fastest issuance of refunds,” IDOR Director David Harris said . “ MyTax Illinois , our free online program, allows taxpayers to file returns with or without an account, operates with a simple question and answer format, and works to reduce errors by using automated calculations and prepopulated information. Individuals may also choose to file using tax-prep software, a tax professional, or the paper Form IL-1040.”
The tax filing deadline is Monday, April 15th, 2024.
“ Depending on circumstances, taxpayers may be able to reduce the amount of taxes owed through tax credits, explained Harris. “Some popular tax credits include the Illinois K-12 Education Expense Credit, and the Property Tax Credit, and the Illinois Earned Income Tax Credit (EITC).”