Volunteer Firefighters in Illinois could receive a tax credit for the 2023 tax year

Illinois (KBSI) -Volunteer firefighters may qualify for a tax credit in Illinois.

The credit is worth up to $500.

The credit only applies to part time volunteer fire service emergency workers.

Those working as full-time firefighters receiving compensation do not qualify.

Qualifications for the tax credit are:

-Served as a volunteer fire emergency service worker for 9 months out the taxable year.

-Have not received compensation for your volunteer services over the amount of $5000 for the taxable year.

-Be included on the list provided by your local fire department, district or office to the Illinois state Fire Marshall confirming the previous two requirements.

-Submit an online application with the Illinois Department of Revenue when the application period opens on February 1, 2024.

-Be of the first 10,000 applicants.

For more information you go to Volunteer Emergency Worker Credit (illinois.gov)

Categories: News