Search results
Our expert editors lay out exactly what you need to know about Illinois' sales tax rates for vehicles (6.25%), including how these costs vary by location and the specifics of calculating these expenses for both new and used cars.
Illinois collects a 7.25% state sales tax rate on the purchase of all vehicles. There is also between a 0.25% and 0.75% when it comes to county tax. In addition to state and county tax, the City of Chicago has a 1.25% sales tax. There also may be a documentary fee of 166 dollars at some dealerships. The taxes can be different in the case of a ...
Mileage Reimbursement Calculator. You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving. You can calculate mileage reimbursement in three simple steps: Select your tax year.
Find standard mileage rates to calculate the deduction for using your car for business, charitable, medical or moving purposes.
Individuals. Illinois Tax Requirements for Cars, Trucks, Vans, Motorcycles, ATVs, Trailers, and Mobile Homes. What is my tax obligation when I apply for title in Illinois?
Beginning on January 1, 2022, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 58.5 cents per mile driven for business use, up 2.5 cents from the rate for 2021,
MyTax Illinois Tax Rate Finder - Online tool used to look-up by individual location either origin-based or destination-based sales tax rates, including locally imposed sales taxes.
