Update Illinois 2025 state tax code

changelog_entry.yaml

@@ -0,0 +1,4 @@
+- bump: minor
+  changes:
+    changed:
+    - Update Illinois income tax parameters for 2025 and add 2025 citations.

policyengine_us/parameters/gov/states/il/tax/income/credits/ctc/age_limit.yaml

@@ -6,8 +6,10 @@ metadata:
   reference:
     - title: Section 35 ILCS 5/244 Child Tax Credit, (a)
       href: https://casetext.com/statute/illinois-compiled-statutes/government/chapter-35-revenue/subchapter-income-taxes/act-5-illinois-income-tax-act/article-2-tax-imposed/section-35-ilcs-5244-child-tax-credit
-    - title: 2024 Schedule IL-E/EITC Illinois Exemption and Earned Income Tax Credit 
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-schedule-il-e-eic.pdf#page=1
+    - title: 2024 Schedule IL-E/EIC Illinois Exemption and Earned Income Tax Credit
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2024/individual/il-1040-schedule-il-e-eic.pdf#page=3
+    - title: 2025 Schedule IL-E/EIC Illinois Exemption and Earned Income Tax Credit
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-schedule-il-e-eic.pdf#page=3
 
 values:
   2024-01-01: 12

policyengine_us/parameters/gov/states/il/tax/income/credits/ctc/rate.yaml

@@ -6,7 +6,9 @@ metadata:
   reference:
     - title: Section 35 ILCS 5/244 Child Tax Credit, (a)
       href: https://casetext.com/statute/illinois-compiled-statutes/government/chapter-35-revenue/subchapter-income-taxes/act-5-illinois-income-tax-act/article-2-tax-imposed/section-35-ilcs-5244-child-tax-credit
-    - title: 2024 Schedule IL-E/EITC Illinois Exemption and Earned Income Tax Credit 
+    - title: 2024 Schedule IL-E/EIC Illinois Exemption and Earned Income Tax Credit
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2024/individual/il-1040-schedule-il-e-eic.pdf#page=3
+    - title: 2025 Schedule IL-E/EIC Illinois Exemption and Earned Income Tax Credit
       href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-schedule-il-e-eic.pdf#page=3
 
 values:

policyengine_us/parameters/gov/states/il/tax/income/credits/eitc/match.yaml

@@ -7,11 +7,13 @@ metadata:
   period: year
   label: Illinois EITC match
   reference:
-    - title: Illinois Department of Revenue 2023 Schedule IL-E/EIC
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-schedule-il-e-eic.pdf#page=2
-    - title: Illinois Department of Revenue 2022 Schedule IL-E/EIC
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2022/individual/il-1040-schedule-il-e-eic.pdf#page=2
     - title: Illinois Department of Revenue 2021 Schedule IL-E/EIC
       href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2021/individual/il-1040-schedule-il-e-eic.pdf#page=2
+    - title: Illinois Department of Revenue 2022 Schedule IL-E/EIC
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2022/individual/il-1040-schedule-il-e-eic.pdf#page=2
+    - title: Illinois Department of Revenue 2023 Schedule IL-E/EIC
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2023/individual/il-1040-schedule-il-e-eic.pdf#page=2
     - title: Illinois Department of Revenue 2024 Schedule IL-E/EIC
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2024/individual/il-1040-schedule-il-e-eic.pdf#page=2
+    - title: Illinois Department of Revenue 2025 Schedule IL-E/EIC
       href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-schedule-il-e-eic.pdf#page=2

policyengine_us/parameters/gov/states/il/tax/income/credits/k12/cap.yaml

@@ -6,13 +6,15 @@ metadata:
   period: year
   label: Illinois K-12 Education Expense Credit Cap
   reference:
-    - title: Illinois Department of Revenue 2023 Schedule ICR; Illinois Credits
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-schedule-icr.pdf#page=1
-    - title: Illinois Department of Revenue 2022 Schedule ICR; Illinois Credits
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2022/individual/il-1040-schedule-icr.pdf#page=1
-    - title: Illinois Department of Revenue 2021 Schedule ICR; Illinois Credits
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2021/individual/il-1040-schedule-icr.pdf#page=1
     - title: Illinois Income Tax Act, 35 ILCS 5/201 (m); Education expense credit
       href: https://www.ilga.gov/legislation/ilcs/ilcs5.asp?ActID=577&ChapterID=8
-    - title: Illinois Department of Revenue 2024 Schedule ICR 
+    - title: Illinois Department of Revenue 2021 Schedule ICR; Illinois Credits
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2021/individual/il-1040-schedule-icr.pdf#page=1
+    - title: Illinois Department of Revenue 2022 Schedule ICR; Illinois Credits
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2022/individual/il-1040-schedule-icr.pdf#page=1
+    - title: Illinois Department of Revenue 2023 Schedule ICR; Illinois Credits
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2023/individual/il-1040-schedule-icr.pdf#page=1
+    - title: Illinois Department of Revenue 2024 Schedule ICR; Illinois Credits
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2024/individual/il-1040-schedule-icr.pdf#page=1
+    - title: Illinois Department of Revenue 2025 Schedule ICR; Illinois Credits
       href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-schedule-icr.pdf#page=1

policyengine_us/parameters/gov/states/il/tax/income/credits/k12/rate.yaml

@@ -6,13 +6,15 @@ metadata:
   period: year
   label: Illinois K-12 Education Expense Credit Rate
   reference:
-    - title: Illinois Department of Revenue 2023 Schedule ICR; Illinois Credits
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-schedule-icr.pdf#page=1
-    - title: Illinois Department of Revenue 2022 Schedule ICR; Illinois Credits
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2022/individual/il-1040-schedule-icr.pdf#page=1
-    - title: Illinois Department of Revenue 2021 Schedule ICR; Illinois Credits
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2021/individual/il-1040-schedule-icr.pdf#page=1
     - title: Illinois Income Tax Act, 35 ILCS 5/201 (m); Education expense credit
       href: https://www.ilga.gov/legislation/ilcs/ilcs5.asp?ActID=577&ChapterID=8
-    - title: Illinois Department of Revenue 2024 Schedule ICR 
+    - title: Illinois Department of Revenue 2021 Schedule ICR; Illinois Credits
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2021/individual/il-1040-schedule-icr.pdf#page=1
+    - title: Illinois Department of Revenue 2022 Schedule ICR; Illinois Credits
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2022/individual/il-1040-schedule-icr.pdf#page=1
+    - title: Illinois Department of Revenue 2023 Schedule ICR; Illinois Credits
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2023/individual/il-1040-schedule-icr.pdf#page=1
+    - title: Illinois Department of Revenue 2024 Schedule ICR; Illinois Credits
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2024/individual/il-1040-schedule-icr.pdf#page=1
+    - title: Illinois Department of Revenue 2025 Schedule ICR; Illinois Credits
       href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-schedule-icr.pdf#page=1

policyengine_us/parameters/gov/states/il/tax/income/credits/k12/reduction.yaml

@@ -6,9 +6,15 @@ metadata:
   period: year
   label: Illinois K-12 Education Expense Credit Reduction
   reference:
-    - title: Illinois Department of Revenue 2021 Schedule ICR; Illinois Credits
-      href: https://www2.illinois.gov/rev/forms/incometax/Documents/currentyear/individual/il-1040-schedule-icr.pdf
     - title: Illinois Income Tax Act, 35 ILCS 5/201 (m); Education expense credit
       href: https://www.ilga.gov/legislation/ilcs/ilcs5.asp?ActID=577&ChapterID=8
-    - title: Illinois Department of Revenue 2024 Schedule ICR 
+    - title: Illinois Department of Revenue 2021 Schedule ICR; Illinois Credits
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2021/individual/il-1040-schedule-icr.pdf#page=1
+    - title: Illinois Department of Revenue 2022 Schedule ICR; Illinois Credits
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2022/individual/il-1040-schedule-icr.pdf#page=1
+    - title: Illinois Department of Revenue 2023 Schedule ICR; Illinois Credits
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2023/individual/il-1040-schedule-icr.pdf#page=1
+    - title: Illinois Department of Revenue 2024 Schedule ICR; Illinois Credits
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2024/individual/il-1040-schedule-icr.pdf#page=1
+    - title: Illinois Department of Revenue 2025 Schedule ICR; Illinois Credits
       href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-schedule-icr.pdf#page=1

policyengine_us/parameters/gov/states/il/tax/income/credits/property_tax/rate.yaml

@@ -6,11 +6,13 @@ metadata:
   period: year
   label: Illinois Property Tax Credit Rate
   reference:
-    - title: Illinois Department of Revenue 2023 Schedule ICR; Illinois Credits
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-schedule-icr.pdf#page=1
-    - title: Illinois Department of Revenue 2022 Schedule ICR; Illinois Credits
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2022/individual/il-1040-schedule-icr.pdf#page=1
     - title: Illinois Department of Revenue 2021 Schedule ICR; Illinois Credits
       href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2021/individual/il-1040-schedule-icr.pdf#page=1
-    - title: Illinois Department of Revenue 2024 Schedule ICR 
+    - title: Illinois Department of Revenue 2022 Schedule ICR; Illinois Credits
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2022/individual/il-1040-schedule-icr.pdf#page=1
+    - title: Illinois Department of Revenue 2023 Schedule ICR; Illinois Credits
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2023/individual/il-1040-schedule-icr.pdf#page=1
+    - title: Illinois Department of Revenue 2024 Schedule ICR; Illinois Credits
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2024/individual/il-1040-schedule-icr.pdf#page=1
+    - title: Illinois Department of Revenue 2025 Schedule ICR; Illinois Credits
       href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-schedule-icr.pdf#page=1

policyengine_us/parameters/gov/states/il/tax/income/exemption/aged_and_blind.yaml

@@ -6,13 +6,15 @@ metadata:
   period: year
   label: Illinois Senior and Blind Exemption
   reference:
-    - title: Illinois Department of Revenue 2023 Form IL-1040 Individual Income Tax Return
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040.pdf#page=1
-    - title: Illinois Department of Revenue 2022 Form IL-1040 Individual Income Tax Return
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2022/individual/il-1040.pdf#page=1
-    - title: Illinois Department of Revenue 2021 Form IL-1040 Individual Income Tax Return
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2021/individual/il-1040.pdf#page=1
     - title: Illinois Income Tax Act, 35 ILCS 5/204 (d)
       href: https://www.ilga.gov/legislation/ilcs/ilcs5.asp?ActID=577&ChapterID=8
-    - title: Illinois Department of Revenue 2024 Form IL-1040 Instructions
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-instr.pdf#page=8
+    - title: Illinois Department of Revenue 2021 Form IL-1040 Individual Income Tax Return
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2021/individual/il-1040.pdf#page=1
+    - title: Illinois Department of Revenue 2022 Form IL-1040 Individual Income Tax Return
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2022/individual/il-1040.pdf#page=1
+    - title: Illinois Department of Revenue 2023 Form IL-1040 Individual Income Tax Return
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2023/individual/il-1040.pdf#page=1
+    - title: Illinois Department of Revenue 2024 Form IL-1040 Individual Income Tax Return
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2024/individual/il-1040.pdf#page=1
+    - title: Illinois Department of Revenue 2025 Form IL-1040 Individual Income Tax Return
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040.pdf#page=1

policyengine_us/parameters/gov/states/il/tax/income/exemption/dependent.yaml

@@ -3,9 +3,10 @@ values:
   2021-01-01: 2_375
   2022-01-01: 2_425
   2024-01-01: 2_775
+  2025-01-01: 2_850
 metadata:
   unit: currency-USD
-  uprating: 
+  uprating:
     parameter: gov.irs.uprating
     rounding:
       type: nearest
@@ -19,7 +20,7 @@ metadata:
       href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2022/individual/il-1040-schedule-il-e-eic.pdf#page=1
     - title: 2023 Schedule IL-E/EIC - Illinois Exemption and Earned Income Credit
       href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2023/individual/il-1040-schedule-il-e-eic.pdf#page=1
-    - title: Illinois Department of Revenue 2024 Form IL-1040 Instructions
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-instr.pdf#page=8
     - title: 2024 Schedule IL-E/EIC - Illinois Exemption and Earned Income Credit
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2024/individual/il-1040-schedule-il-e-eic.pdf#page=1
+    - title: 2025 Schedule IL-E/EIC - Illinois Exemption and Earned Income Credit
       href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-schedule-il-e-eic.pdf#page=1

policyengine_us/parameters/gov/states/il/tax/income/exemption/income_limit.yaml

@@ -16,13 +16,15 @@ metadata:
   unit: currency-USD
   period: year
   reference:
-    - title: Illinois Department of Revenue 2023 Form IL-1040 Instructions; Step 4 - Exemptions
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-instr.pdf#page=8
-    - title: Illinois Department of Revenue 2022 Form IL-1040 Instructions; Step 4 - Exemptions
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2022/individual/il-1040-instr.pdf#page=8
-    - title: Illinois Department of Revenue 2021 Form IL-1040 Instructions; Step 4 - Exemptions
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2021/individual/il-1040-instr.pdf#page=8
     - title: Illinois Income Tax Act, 35 ILCS 5/204 (g)
       href: https://www.ilga.gov/legislation/ilcs/ilcs5.asp?ActID=577&ChapterID=8
-    - title: Illinois Department of Revenue 2024 Form IL-1040 Instructions
+    - title: Illinois Department of Revenue 2021 Form IL-1040 Instructions; Step 4 - Exemptions
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2021/individual/il-1040-instr.pdf#page=8
+    - title: Illinois Department of Revenue 2022 Form IL-1040 Instructions; Step 4 - Exemptions
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2022/individual/il-1040-instr.pdf#page=8
+    - title: Illinois Department of Revenue 2023 Form IL-1040 Instructions; Step 4 - Exemptions
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2023/individual/il-1040-instr.pdf#page=8
+    - title: Illinois Department of Revenue 2024 Form IL-1040 Instructions; Step 4 - Exemptions
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2024/individual/il-1040-instr.pdf#page=8
+    - title: Illinois Department of Revenue 2025 Form IL-1040 Instructions; Step 4 - Exemptions
       href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-instr.pdf#page=8

policyengine_us/parameters/gov/states/il/tax/income/exemption/personal.yaml

@@ -2,10 +2,11 @@ description: Illinois provides the following personal exemption allowance amount
 values:
   2021-01-01: 2_375
   2022-01-01: 2_425
-  2023-01-01: 2_425 # Redundancy per legal code.  
+  2023-01-01: 2_425 # Redundancy per legal code.
   2024-01-01: 2_775 # $2,050 plus COLA since 2011.
+  2025-01-01: 2_850
 metadata:
-  uprating: 
+  uprating:
     parameter: gov.irs.uprating
     rounding:
       type: nearest
@@ -21,6 +22,8 @@ metadata:
     - title: Illinois 2022 Form IL-1040 Instructions
       href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2022/individual/il-1040-instr.pdf#page=8
     - title: Illinois 2023 Form IL-1040 Instructions
-      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-instr.pdf#page=8
-    - title: Illinois Department of Revenue 2024 Form IL-1040 Instructions
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2023/individual/il-1040-instr.pdf#page=8
+    - title: Illinois 2024 Form IL-1040 Instructions
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2024/individual/il-1040-instr.pdf#page=8
+    - title: Illinois Department of Revenue 2025 Form IL-1040 Instructions
       href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-instr.pdf#page=8

policyengine_us/parameters/gov/states/il/tax/income/rate.yaml

@@ -19,4 +19,6 @@ metadata:
     - title: Illinois Income Tax Act, 35 ILCS 5/201 (b)
       href: https://www.ilga.gov/legislation/ilcs/ilcs5.asp?ActID=577&ChapterID=8
     - title: Illinois Department of Revenue 2024 Form IL-1040 Instructions
+      href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/2024/individual/il-1040-instr.pdf#page=1
+    - title: Illinois Department of Revenue 2025 Form IL-1040 Instructions
       href: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/incometax/documents/currentyear/individual/il-1040-instr.pdf#page=1