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Text Box: Income earned in Illinois or received by Illinois residents is taxed at 3 percent.  Partnerships and S-corporations pay a 1.5 percent personal property replacement tax and S-corporations' owners pay the 3 percent personal income tax on their share of the corporation's income.  There are no local personal income taxes in Illinois.  Retirement income is not taxed in Illinois. Source: www.illinoisbiz.biz Text Box: PERSONAL INCOME  |  CORPORATE INCOME  |  SALES  |  PROPERTY  |  WORKERS COMPENSATION  |  UNEMPLOYMENT COMPENSATION

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