Illinois Child Credit Program Approved

By ANDREW ADAMS

Capitol News Illinois

In the final hours of their spring legislative session, Illinois lawmakers approved a tax credit of up to about $300 for families with young children.

The credit is available to Illinoisans with children under age 12 who qualify for the federal Earned Income Tax Credit, or EITC. Although it has exceptions, that credit is generally available to married couples earning up to about $60,000 and single people earning up to about $50,000, depending on the number of children they have.

For taxes on 2024 income, the tax credit will cap at just over $300 for tax fi...