08/26/2024 | Press release | Distributed by Public on 08/26/2024 10:28
As the new school year gets underway, the Illinois Department of Revenue (IDOR) is reminding eligible taxpayers that they may claim back-to-school expenses for their K-12 students on their 2024 Illinois individual income tax returns.
The Illinois Education Expense Credit allows parents or legal guardians of a full-time K-12 student under the age of 21, to take a 25% tax credit on qualified education expenses over $250 this year.
For more information, see the full press release.