Ill. Admin. Code tit. 89 § 121.34

Current through Register Vol. 49, No. 2, January 10, 2025

Section 121.34 - Lump Sum Payments and Income Tax Refunds

a) Lump Sum Payments. Lump sum payments received on a one time only basis are exempt as income.

b) Earned Income Tax Credits. The Earned Income Tax Credit is exempt both as income and as an asset.

Ill. Admin. Code tit. 89, § 121.34

Amended at 27 Ill. Reg. 18445, effective November 20, 2003