Which of the following statements regarding the Illinois Property Tax Credit is TRUE?

Frederick moved to Illinois and purchased a home on January 3, 2019. At that time, he paid $1,092 in property tax. If he otherwise qualifies, he may claim the Illinois Property Tax Credit on his 2019 Illinois tax return.

Viola paid the following amounts in 2019: $522 property tax on her principal home and $315 on the rental property, both located in Illinois. She was late on the rental property tax and paid $64 in penalties and fees. She may base her Illinois Property Tax Credit on $837.

Wallace and Alma are filing separate returns. They are married and qualify for a property tax credit. Each may claim the credit, up to a combined total of 5% of the property tax paid.

Joan lived with her aging parents in their home all of 2019. Because she paid the property tax, she may claim the credit.