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What is the tax rate for trusts and estates?

  • For income received or accrued on or after July 1, 2017, trusts and estates pay 4.95 percent income tax. Trusts also pay a Personal Property Replacement Tax (replacement tax) of 1.5 percent. Estates do not pay replacement tax.

    Note: Taxpayers with tax years ending on or after July 1, 2017, and before June 30, 2018, must divide their total net income between the periods subject to different rates. See Informational Bulletin FY 2018-02, Illinois Income Tax Increase Guidance, and Informational Bulletin FY 2018-14, Blended Income Tax Rates for Use With Your 2017 Illinois Income Tax Returns, for more information.

  • For income received or accrued on or after January 1, 2015, and before July 1, 2017, the income tax rate is 3.75 percent for trusts and estates.

    Note: Taxpayers with tax years ending after December 31, 2014, and before December 31, 2015, must divide their total net income between the periods subject to different rates. See Informational Bulletin FY 2015-09, Illinois Income Tax Decrease, for more information.

  • For income received or accrued on or after January 1, 2011, and before January 1, 2015, the income tax rate is 5 percent for trusts and estates.

    Note: Taxpayers with tax years ending after December 31, 2010, and before December 31, 2011, must divide their total net income between the periods subject to different rates. See Informational Bulletin FY 2011-09, Illinois Income Tax Increase, for more information.

  • For income received or accrued on or before December 31, 2010, the income tax rate is 3 percent for trusts and estates.

    Note: Check the Tax Rate Database for tax information for years prior to 2010.

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