Am I eligible for a property tax credit?

You may figure a credit for the Illinois property taxes you paid in 2023 on your principal residence (not a vacation home or rental property) for the time you owned and lived at the property during 2023, if that residence was in Illinois. Nonresidents of Illinois may not take this credit.

You may not figure a credit for mobile home privilege tax, penalties, or fees included in your property tax bill, or the portion of the property that is deductible as a business expense.

Section A: Illinois Property Tax Credit

Line 4a - Enter the total amount of Illinois Property Tax paid during the tax year for the principal residence that you own and any adjoining lots that are an extension of your primary residence. To qualify for the property tax credit:

• your principal residence must have been in Illinois during the prior year,
• you must have owned your principal residence, and
• your property tax bill must have been paid during the taxable year.

Line 4b - Enter the name of the county and the property number, sometimes called "property index number," "parcel number," or "permanent number" for the property listed on Line 4a.

Note. You must enter your property number exactly as it appears on your property tax bill or assessment notice. Your property number is found near the top of your property tax bill or assessment notice. If your property taxes are paid through your mortgage, you may contact your lender for your property number.

You may also get this number from your county assessor’s office. A list of counties, with contact information, is under the "Individuals" section of our website.

Lines 4c and 4d - Enter the name of the county and the property number(s) for any lots that you own, and

• adjoin your principal residence,
• are an extension of your primary residence claimed on Line 4b, and
• you included when calculating the total amount of property tax paid on Line 4a.

To enter or review your property tax credit information:

1. From within your TaxAct return (Online or Desktop), click State to expand, then click Illinois (or IL). On smaller devices, click in the upper left-hand corner, then click State.
2. Click Credits in the Illinois Quick Q&A Topics menu to expand, then click Property Tax Credit.
3. Continue with the interview process to enter all of the appropriate information.