IL SB2184

Expands earned income tax credit eligibility for Illinois taxpayers beginning January 1, 2021 to include individuals age 65 or older and individuals age 18 to 24 without regard to federal age restrictions.

Allows taxpayers filing with individual tax identification numbers (ITINs) to claim the earned income tax credit without the federal restrictions that normally apply.

Creates a new eligible dependent tax credit beginning January 1, 2022 providing a minimum $600 credit to caregivers of qualified dependents (children under 6, dependents age 70+, or individuals with disabilities).

Ensures the total combined credit amount from both the earned income tax credit and eligible dependent tax credit is never less than $600 per taxpayer per year.

Removes language from the Earned Income Tax Credit Information Act requiring dependent children support as a policy objective and makes the act effective immediately.