§ Exemptions Calculator
State and Federal Exemptions
Gross Asset Total
$457,700.00
Net Equity to Exempt
$219,200.00
State Exemptions
Illinois — 735 ILCS 5/12-901 et seq.
| Total Automatically Exempted | $183,400.00 |
| Total Manually Exempted | $0.00 |
| Total Amount Exempted | $183,400.00 |
| Non-Exempt | $35,800.00 |
| Total Homestead Exempted | $25,000.00 |
REAL ESTATE
🏠
Single-family home, 6315 Brendenwood Rd, Rockford IL 61114
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-901
Homestead exemption
|
$50,000.00 [D] | $25,000.00 |
Debtor's Equity $25,000.00
Exempted $25,000.00
Non Exempt $0.00
VEHICLES
🚗
2022 Honda Odyssey EX-L, 38,000 mi
Non Exempt: $2,300.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(c)
Motor vehicle
|
$3,600.00 [D] | $7,200.00 |
Debtor's Equity $9,500.00
Exempted $7,200.00
Non Exempt $2,300.00
🚗
2020 Toyota Corolla LE, 52,000 mi
Non Exempt: $14,500.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(c)
Motor vehicle
|
$3,600.00 [D] | $0.00 |
Debtor's Equity $14,500.00
Exempted $0.00
Non Exempt $14,500.00
HOUSEHOLD
💻
Furniture, appliances, kitchen items — 4BR home
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(a)
All household goods and personal possessions
|
100% | $5,000.00 |
Debtor's Equity $5,000.00
Exempted $5,000.00
Non Exempt $0.00
💻
Anita — wedding ring, gold necklace, earrings
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(a)
Jewelry (one piece)
|
100% | $3,500.00 |
Debtor's Equity $3,500.00
Exempted $3,500.00
Non Exempt $0.00
💻
Personal clothing — 6 household members
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(a)
All household goods and personal possessions
|
100% | $1,200.00 |
Debtor's Equity $1,200.00
Exempted $1,200.00
Non Exempt $0.00
💻
4 iPhones, 2 iPads, 3 laptops, gaming console
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(a)
All household goods and personal possessions
|
100% | $2,000.00 |
Debtor's Equity $2,000.00
Exempted $2,000.00
Non Exempt $0.00
FINANCIAL
💰
US Bank Joint Checking
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(b)
Wildcard (additional personal property)
|
$4,000.00 [D] | $2,800.00 |
Debtor's Equity $2,800.00
Exempted $2,800.00
Non Exempt $0.00
💰
US Bank Joint Savings
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(b)
Wildcard (additional personal property)
|
$4,000.00 [D] | $1,500.00 |
Debtor's Equity $1,500.00
Exempted $1,500.00
Non Exempt $0.00
💰
Kamala Patel — Personal Checking (BMO Harris)
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(b)
Wildcard (additional personal property)
|
$4,000.00 [D] | $2,200.00 |
Debtor's Equity $2,200.00
Exempted $2,200.00
Non Exempt $0.00
💰
Deepak — Walgreens 401(k)
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1006
Retirement accounts
|
100% | $85,000.00 |
Debtor's Equity $85,000.00
Exempted $85,000.00
Non Exempt $0.00
💰
Anita — Mercyhealth 403(b)
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1006
Retirement accounts
|
100% | $42,000.00 |
Debtor's Equity $42,000.00
Exempted $42,000.00
Non Exempt $0.00
OTHER
📦
IL Bright Start 529 — Priya
Non Exempt: $10,500.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(b)
Wildcard
|
$4,000.00 [D] | $1,500.00 |
Debtor's Equity $12,000.00
Exempted $1,500.00
Non Exempt $10,500.00
📦
IL Bright Start 529 — Rohan
Non Exempt: $8,500.00
No exemptions applied
Debtor's Equity $8,500.00
Exempted $0.00
Non Exempt $8,500.00
📦
Expected 2025 federal tax refund (MFJ)
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(g-7)
Earned Income Credit
|
100% | $4,500.00 |
Debtor's Equity $4,500.00
Exempted $4,500.00
Non Exempt $0.00
§ 735 ILCS 5/12-901
Exemption Description
Homestead exemption
| Asset | Debtor's Equity | Amount Applied This exemption only |
Total Exempted All exemptions |
Non Exempt |
|---|---|---|---|---|
| Single-family home, 6315 Brendenwood Rd, Rockford IL 61114 | $25,000.00 | $25,000.00 | $25,000.00 | $0.00 |
Exempted $25,000.00
Limit $50,000.00 [D]
Available Exemption $25,000.00
§ 735 ILCS 5/12-1001(c)
Exemption Description
Motor vehicle
| Asset | Debtor's Equity | Amount Applied This exemption only |
Total Exempted All exemptions |
Non Exempt |
|---|---|---|---|---|
| 2022 Honda Odyssey EX-L, 38,000 mi | $9,500.00 | $7,200.00 | $7,200.00 | $2,300.00 |
| 2020 Toyota Corolla LE, 52,000 mi | $14,500.00 | $0.00 | $0.00 | $14,500.00 |
Exempted $7,200.00
Limit $3,600.00 [D]
Available Exemption $-3,600.00
§ 735 ILCS 5/12-1001(b)
Exemption Description
Wildcard (additional personal property)
| Asset | Debtor's Equity | Amount Applied This exemption only |
Total Exempted All exemptions |
Non Exempt |
|---|---|---|---|---|
| US Bank Joint Checking | $2,800.00 | $2,800.00 | $2,800.00 | $0.00 |
| US Bank Joint Savings | $1,500.00 | $1,500.00 | $1,500.00 | $0.00 |
| Kamala Patel — Personal Checking (BMO Harris) | $2,200.00 | $2,200.00 | $2,200.00 | $0.00 |
| IL Bright Start 529 — Priya | $12,000.00 | $1,500.00 | $1,500.00 | $10,500.00 |
Exempted $8,000.00
Limit $4,000.00 [D]
Available Exemption $-4,000.00
§ 735 ILCS 5/12-1006
Exemption Description
Retirement accounts
| Asset | Debtor's Equity | Amount Applied This exemption only |
Total Exempted All exemptions |
Non Exempt |
|---|---|---|---|---|
| Deepak — Walgreens 401(k) | $85,000.00 | $85,000.00 | $85,000.00 | $0.00 |
| Anita — Mercyhealth 403(b) | $42,000.00 | $42,000.00 | $42,000.00 | $0.00 |
Exempted $127,000.00
Limit 100%
§ 735 ILCS 5/12-1001(a)
Exemption Description
All household goods and personal possessions
| Asset | Debtor's Equity | Amount Applied This exemption only |
Total Exempted All exemptions |
Non Exempt |
|---|---|---|---|---|
| Furniture, appliances, kitchen items — 4BR home | $5,000.00 | $5,000.00 | $5,000.00 | $0.00 |
| Anita — wedding ring, gold necklace, earrings | $3,500.00 | $3,500.00 | $3,500.00 | $0.00 |
| Personal clothing — 6 household members | $1,200.00 | $1,200.00 | $1,200.00 | $0.00 |
| 4 iPhones, 2 iPads, 3 laptops, gaming console | $2,000.00 | $2,000.00 | $2,000.00 | $0.00 |
Exempted $11,700.00
Limit 100%
§ 735 ILCS 5/12-1001(g-7)
Exemption Description
Earned Income Credit
| Asset | Debtor's Equity | Amount Applied This exemption only |
Total Exempted All exemptions |
Non Exempt |
|---|---|---|---|---|
| Expected 2025 federal tax refund (MFJ) | $4,500.00 | $4,500.00 | $4,500.00 | $0.00 |
Exempted $4,500.00
Limit 100%
Exemption Calculator Settings
Illinois does not use Federal Exemptions
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