Illinois Apprenticeship Education Expense Tax Credit
A tax credit for tuition, book fees and lab fees you pay for each qualifying apprentice. It does not cover apprentice wages.
$3,500 per apprentice per year. Add $1,500 per apprentice if the apprentice lives in, or your principal place of business is in, an underserved area. DCEO may issue no more than $5 million in credits a year.
Your company, as a credit against Illinois income tax. DCEO certifies your expenses first.
- Apprentice is an Illinois resident, at least 16, and enrolled full-time in a USDOL registered apprenticeship during the school year
- You are an Illinois taxpayer who employs the apprentice in Illinois
- You sponsor, or partner with, a full-time USDOL registered apprenticeship program
- Credit is earned and used in the current year, with no carryforward