Capital Gains Rates
State Rate
4.95%
Local Rate
0.00%
Deduction
None
Combined Rate
29.95%
Additional State Capital Gains Tax Information for Illinois
The Combined Rate accounts for Federal, State, and Local tax rate on capital gains income, the 3.8 percent Surtax on capital gains and the marginal effect of Pease Limitations (which results in a tax rate increase of 1.18 percent).
Additional State Income Tax Information for Illinois
Beginning June 1, 2017, taxpayers cannot claim the personal exemption if their adjusted gross income exceeds $250,000, or $500,000 for those filing jointly.
Choose a City
Addison
Algoquin
Arlington Heights
Aurora
Barrington
Batavia
Beach Park
Bellwood
Bensenville
Berwyn
Bloomingdale
Blue Island
Bolingbrook
Buffalo Grove
Burbank
Campton Hills
Carol Stream
Carpentersville
Champaign
Channahon
Chicago
Chicago Heights
Cicero
Clarendon Hills
Crest Hill
Crete
Crystal Lake
Darien
Davenport-Moline
Deerfield
Des Plaines
Dolton
Downers Grove
Elburn
Elgin
Elk Grove
Elmhurst
Elmwood Park
Evanston
Frankfort
Geneva
Gilberts
Glen Ellyn
Glencoe
Glendale Heights
Glenview
Gurnee
Hampshire
Harvard
Harvey
Highland Park
Hinsdale
Hoffman Estates
Homer Glen
Homewood
Huntley
Inverness
Itasca
Johnsburg
Joliet
Lake Forest
Lake in the Hills
Lansing
Libertyville
Lincolnwood
Lisle
Lockport
Lombard
Marengo
Matteson
McHenry
Melrose Park
Montgomery
Morton Grove
Mount Prospect
Mundelein
Naperville
New Lenox
Niles
North Aurora
North Chicago
Northbrook
Northfield
Oak Brook
Oak Forest
Oak Lawn
Oak Park
Orland Park
Palatine
Park City
Park Forest
Park Ridge
Peoria
Prospect Heights
Richton Park
Rockford
Romeoville
Roselle
Sauk Village
Schaumburg
Shorewood
Skokie
South Elgin
South Holland
Springfield
St. Charles
Steger
Streamwood
Sugar Grove
Tinley Park
University Park
Vernon Hills
Villa Park
Warrenville
Waukegan
West Chicago
West Dundee
Westmont
Wheaton
Wheeling
Wilmette
Winfield
Winnetka
Winthrop Harbor
Wood Dale
Woodridge
Woodstock
Zion