Illinois EITC is calculated as 20% of the federal EITC. no qualifying children is $126. 1 qualifying child is $843. 2 qualifying children is $1,392.
The Child Tax Credit is up to $2,000. The Credit for Other Dependents is worth up to $500. The IRS defines a dependent as a qualifying child (under age 19 or under 24 if a full-time student, or any age if permanently and totally disabled) or a qualifying relative.
Relationship: The person must be either (1) your son, daughter, stepchild, foster child, or a descendant (for example, your grandchild) of any of them; or (2) your brother, sister, half brother, half sister, stepbrother, stepsister, or a descendant (for example, your niece or nephew) of any of them.
The child must be: (a) under age 19 at the end of the year and younger than you (or your spouse, if filing jointly), (b) under age 24 at the end of the year, a full- time student, and younger than you (or your spouse, if filing jointly), or (c) any age if permanently and totally disabled.
Total Support Obligation The state of Illinois says the basic child support for one child is $1,215 per month. Multiply this number by the number of children to get the basic support obligation.
Child Relationship — must be your. Age: Are under 13 years old. Residency: Lived with you for more than 1/2 the year. Support: Did not provide more than 1/2 of his/her own support. Joint Return: Did not file a joint federal or state income tax return.
For tax year 2024, the Child Tax Credit is calculated as 20 percent of your Illinois EITC. Complete Schedule IL-E/EITC, Step 5, to determine the amount of your credit. For tax year 2025, the Child Tax Credit will increase to 40 percent of the Illinois EITC.
If you qualified for the Illinois Earned Income Tax Credit (EITC) and have at least one child that is your dependent and under the age of 12 years old as of the last day of 2024, you qualify for the Illinois Child Tax Credit.