DeKalb Times

The deadline for Illinois taxpayers to submit their state and federal income tax returns is Tuesday, April 15. This year, eligible taxpayers in Illinois can use the IRS Direct File Program to file their 2024 federal returns electronically at no cost. The Illinois Department of Revenue offers several online programs to assist with tax preparation, and taxpayers may also request filing extensions.

Although many individuals opt for fee-based services to help with their tax filings, a significant number of taxpayers qualify for free services. These services, often with income and age restrictions, include the Volunteer Income Tax Preparation (VITA) and Tax Counseling for the Elderly (TCE) programs, provided by the Internal Revenue Service (IRS). Additionally, the IRS offers links to other useful resources.

There are five filing statuses for income taxes: single, head of household, married filing jointly, married filing separately, and qualifying surviving spouse. Individuals who do not meet a certain income threshold are not required to file a tax return, but it may be beneficial as they might receive a refund. Self-employed individuals with net earnings of $400 or more are required to file a tax return. Illinois taxpayers can explore more filing options online.

Taxpayers can claim various tax credits to reduce their tax liabilities. They may also be eligible for standard and itemized deductions to lower tax payments.

While traditional paper filing is still an option, most returns are filed electronically. For those expecting a refund, the federal turnaround time is typically 21 days, but this can vary. Electronic filers who opt for direct deposit will receive refunds more quickly compared to those submitting paper returns, which can take four to six weeks to process.

For seniors, the AARP website offers guidance with a list of "10 Things You Need to Know Before Filing Your Tax Return," aimed at helping them with deductions and avoiding fraud. This resource includes tips on special tax forms for seniors and more free tax preparation services.

Taxpayers can check the status of their federal tax returns using the IRS2Go app. Information regarding Illinois state income tax return status can be found on the state's website.