When Do Chicago Tax Bills Come Out

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When Do Those Pesky Chicago Tax Bills Arrive?

Ah, Chicago. The Windy City, where deep-dish pizza is a religion and property taxes are a constant source of existential dread. You know you love it, but those tax bills have a way of making you question your life choices. Let's dive into the murky waters of Chicago tax bill timing.

When Do Chicago Tax Bills Come Out
When Do Chicago Tax Bills Come Out

The First Installment: A Rude Awakening

Picture this: it's March. You're finally starting to enjoy the thaw, maybe even sporting a questionable amount of skin. Then bam, like a polar vortex, your first installment tax bill arrives. It’s like the universe is playing a cruel joke on you.

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When does it come? Typically around March 1st.How much is it? A hefty 55% of the previous year's total. Ouch.

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The Second Installment: Round Two

If you thought the first installment was bad, hold onto your hats. The second installment is where things get really interesting. It's like the taxman decided to save the best (or worst) for last.

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When does it arrive? Around late summer, usually August.What's the deal? This one’s based on the current year's assessment, so it can be a bit of a surprise.

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Tips for Survival

  • Don't Panic: Easier said than done, we know. But hyperventilating won't make the bill go away.
  • Budget, Budget, Budget: Create a sinking fund. It's like a little piggy bank for your taxes.
  • Explore Options: There might be exemptions or deferrals available. Do your research! Or, you know, ask a friend who's really good at taxes.

How to...

  • How to avoid tax-related nightmares? Sleep with earplugs.
  • How to make property taxes fun? That's a tough one, even for us. Maybe try counting the zeros while imagining a tropical vacation?
  • How to time travel to avoid tax season? Unfortunately, the DeLorean is still under development.
  • How to find the silver lining in your tax bill? Remember, you're supporting schools, libraries, and other essential services. That's something, right?
  • How to peacefully coexist with your tax bill? Meditation, yoga, or maybe just a really good stiff drink.
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Quick References
TitleDescription
cookcountysheriffil.govhttps://www.cookcountysheriffil.gov
suntimes.comhttps://www.suntimes.com
census.govhttps://www.census.gov/quickfacts/chicagocityillinois
wbez.orghttps://www.wbez.org
chicago.govhttps://www.chicago.gov

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