2024 Illinois payroll taxesare updated to reflect 2024 state income tax rates and limits. Federal Payroll Tax Information Federal Payroll taxesare updated to reflect 2024 federal income tax and payroll tax rates and limits. Free Paycheck Calculatorto calculate net amount and payroll taxes from a gro...
For employer tax calculations, use PaycheckCity Payroll. Illinois Tax Information Employee Withholding Requirements Withholding Method: 4.95% for 2024 Exemption: $2,775 for 2024 Supplemental Wage / Bonus Rate: taxed same as regular income Register as an employer on the Illinois Development of Revenue...