The Illinois (IL) state sales tax rate is currently 6.25%. Depending on local municipalities, the total tax rate can be as high as 11%.
What is the sales tax in Illinois 2020?
7 in July 2020. The state’s sales tax rate is 6.25%, but when considering additional local sales taxes, the combined statewide average hits that 8.8% mark. Some Illinoisans pay 10% or more on every purchase.
What is Illinois state sales tax rate?
Illinois has state sales tax of 6.25%, and allows local governments to collect a local option sales tax of up to 4.75%.
How much is tax on a dollar in Illinois?
The Illinois sales tax rate is currently 6.25%.
What is the 2.25 tax in Illinois?
Illinois Sales Tax Groceries, drugs and medicine are all subject to a statewide tax rate of 1% of purchase price, in addition to local taxes of up to 1.25%, for a total tax of up to 2.25%. There are some food items that don’t count as a qualifying food.
Which state has the highest sales tax?
The five states with the highest average combined state and local sales tax rates are Louisiana (9.55 percent), Tennessee (9.547 percent), Arkansas (9.48 percent), Washington (9.29 percent), and Alabama (9.22 percent).
How do I figure out sales tax?
Multiply retail price by tax rate Your math would be simply: [cost of the item] x [percentage as a decimal] = [sales tax]. That’s $100 x. 05 =$5. Since you’ve figured out the sales tax is $5, that means the total you’ll pay is $105.
What is the sales tax in Skokie IL?
The sales tax in Skokie is 10.25% on general merchandise and 7.25% on the purchase of a motor vehicle. The Illinois Department of Revenue collects and distributes sales taxes. The Village receives a 1% local tax share plus 1% local Home Rule Sales Tax.