2026 tax year · Illinois

Rental host taxes in Illinois

Airbnb, Turo and the rest report your gross and withhold nothing. The gap between that and what you are actually taxed on is your costs, in Illinois that gap is worth $2,717 in tax.

Take a driver who grossed $39,000 over 18,000 business miles. After mileage at 74.3 cents and the rest of the stack, worked through on the rental host page $10,100 comes off and $28,900 is left as taxable profit. That profit is what Illinois and the IRS charge against.

What that leaves you owing in Illinois

Illinois taxes income at a flat 4.95% for 2026, applied on top of federal income tax and self-employment tax.

Self-employment tax$4,083
Federal income tax$861
Illinois income tax$1,329
Total tax$6,274
Effective rate on gross16.1%

Earning more in Illinois

A single filer taking the standard deduction, this work as the only income, the calculator above handles the other filing statuses. Miles rise with earnings, so the deduction rises too, and the effective rate on gross climbs more slowly than it would for someone whose income grew without expenses attached:

VolumeGrossMileage offTaxable profitIllinois taxTotal taxRate on gross
Part-time $13,000 $0 $13,000 $598 $2,435 18.7%
Steady side income $39,000 $0 $39,000 $1,794 $8,991 23.1%
Full-time $63,000 $0 $63,000 $2,898 $15,627 24.8%

Switching state opens that state's page.

Enter your numbers and press Calculate to see your 2026 estimate.

Local taxes on an Illinois let

The income tax below is only part of it. Short-term lets attract occupancy, lodging or transient taxes levied by the city or county rather than Illinois, often at rates that dwarf the state income tax. Some platforms collect and remit them; some collect only part; in some places the host is on the hook entirely. That is a local question this calculator cannot answer, and it is the one hosts most often get wrong.

On $28,900 of profit, what the states around Illinois would charge:

StateIts taxvs Illinois
Indiana $853 −$578
Kentucky $1,012 −$419
Iowa $1,098 −$332
Wisconsin $1,145 −$285
Missouri $1,217 −$213

Rental host tax questions in Illinois

How much should an Illinois host set aside?

About 16.1% of gross on the $39,000 example, $6,274 across self-employment tax, federal income tax and $1,329 to Illinois. Set aside from each payout rather than finding it in April.

Does the $39,000 on my 1099-NEC match what Illinois taxes?

No. Illinois taxes profit, not gross. After $10,100 of deductions the taxable figure is $28,900, so the Illinois bill is $1,329 rather than what gross alone would suggest.

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