Illinois Taxes Increase This Summer

Some Illinois taxes are set to increase in July. Here are the taxes that will increase and how much more you can expect to pay.

Lincoln Park, Chicago IL for Illinois taxes story
(Image credit: Getty Images)

Illinois residents haven't had a sales tax on groceries for nearly a year, but the suspension of the state's grocery tax is ending. Come July 1, Illinoisans can expect to pay more at the grocery store checkout line and if that’s not challenging enough, the gas tax in Illinois will increase the same day.

The Illinois fiscal year 2023 budget provided a one-year grocery tax holiday. The budget also suspended a gas tax increase that was originally planned for July 2022 until January 2023. 

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Katelyn Washington
Former Tax Writer

Katelyn has more than 6 years of experience working in tax and finance. While she specialized in tax content while working at Kiplinger from 2023 to 2024, Katelyn has also written for digital publications on topics including insurance, retirement, and financial planning and had financial advice commissioned by national print publications. She believes knowledge is the key to success and enjoys providing content that educates and informs.