The Illinois Department of Revenue and the Internal Revenue Service will begin accepting 2017 state and federal individual income tax returns Monday, Jan. 29.
Taxpayers who file tax returns electronically and request direct deposit into a checking or savings account will receive refunds the fastest, the state Department of Revenue stated in a news release.
Illinois DOR officials said they are beginning this tax season with a continued focus on protecting taxpayers and state government against fraud.
“The state of Illinois’ continued resolve to detect and prevent tax return fraud has resulted in an overall savings of more than $31 million in calendar year 2017 — a 52 percent increase from 2016,” said Connie Beard, Illinois DOR director. “We are protecting our taxpayers, ensuring refunds go to the correct individual, and saving money.”
As fraud prevention measures continue, the department anticipates direct deposit refunds will be issued four weeks from the time an error-free, electronically-filed return is submitted.
Using MyTax Illinois, the Illinois DOR’s free online account management program, taxpayers can file their Form IL-1040. Individuals may also utilize MyTax Illinois to make payments, check the status of their state income tax refund using Where’s My Refund, and look up their IL-PIN, estimated tax payments, and 1099-G amounts.
In 2017, more than 6 million individual income tax returns were filed with the Illinois DOR. Of those, 84 percent were filed electronically. More than 4 million, or 66 percent, of those who filed an individual income tax return received a refund.
The tax rate increased in July 2017 to 4.95 percent from 3.75 percent. Most filers will use a blended rate of 4.3549 percent.
For the most up-to-date information, forms, schedules and instructions for the 2017 tax year, visit the Illinois DOR’s website at tax.illinois.gov.