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Yingling to host session on tax credit for flood victims

ROUND LAKE BEACH – To help victims of last year’s historic summer floods access a new $750 state income tax credit, state Rep. Sam Yingling is hosting a free seminar from 6 to 7 p.m. Jan. 17 at the Avon Township office, 433 E. Washington St., in Round Lake Park.

"This credit is only available for the 2017 tax year, so it’s important that flood victims learn about the credit and how to qualify," Yingling said in a news release.

The new state income tax credit worth up to $750 is for individuals and businesses who suffered property damage in the floods in July 2017.

The tax credit is administered by the township assessor’s office or the CCAO. Homeowners whose property was reassessed as a result of flood damage are not eligible for the credit.

Yingling is partnering with Avon Township Assessor Chris Ditton to provide an overview of the tax credit, guidelines for eligibility and instructions on how to apply. The seminar is free and open to the public. RSVP to Yingling’s office at 847-231-6262 or RepSamYingling@gmail.com.

Anyone who cannot attend the seminar but would like information on this one-time opportunity can call 847-231-6262 or email RepSamYingling@gmail.com to learn more before filing their income taxes.

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