Schedule F Form Gains From Sales Or Exchanges Of Property Acquired Before August 1, 1969

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Illinois Department of Revenue
Year ending
Gains from Sales or Exchanges
Schedule F
of Property Acquired
____ ____
Month
Year
Before August 1, 1969
Attach to your Form IL-1065.
IL Attachment No. 12
Write your name as shown on your Form IL-1065.
Write your federal employer identifi cation number.
___________________________________________________________________________________
______ ______ - ______ ______ ______ ______ ______ ______ _____
You should fi le this schedule only if you reported gains from the disposition of property acquired before August 1, 1969, as shown
on U.S. Form 1065, Schedule D, and U.S. Form 4797 or U.S. Form 6252. See instructions.
You must attach a copy of U.S. Form 1065, Schedule D, and U.S. Form 4797 or 6252, if fi led.
A
B
C
D
E
F
G
Section 1245
Section
Date acquired
Date sold
Federal gain
or 1250 gain
1231 gain
Description of property
(month/year)
(month/year)
this year
(see instructions)
(see instructions)
Capital gain
1 a
____________________
____/____
____/____
______________
_____________
_______________
_____________
b
____________________
____/____
____/____
______________
_____________
_______________
_____________
c
____________________
____/____
____/____
______________
_____________
_______________
_____________
d
____________________
____/____
____/____
______________
_____________
_______________
_____________
e
____________________
____/____
____/____
______________
_____________
_______________
_____________
H
I
J
K
L
M
August 1, 1969 value
Federal tax
Subtract Col. I from Col. H
Section 1231, 1245 and 1250 Gain
Capital Gain
or applicable fraction
basis on
or fraction in
Write smaller of
Subtract Col. K from Col. J
Write smaller of
(see instructions)
August 1, 1969
Col. H times Col. D
Col. E or Col. J
but not more than Col. F
Col. G or Col. J
a
__________________
___________________
___________________
_____________
_______________
_____________
b
__________________
___________________
___________________
_____________
_______________
_____________
c
__________________
___________________
___________________
_____________
_______________
_____________
d
__________________
___________________
___________________
_____________
_______________
_____________
e
__________________
___________________
___________________
_____________
_______________
_____________
2
Write your share of pre-August 1, 1969, appreciation amounts from other
2
partnerships, estates and trusts.
_____________
_______________
_____________
3
3
Write the total of Column K here and on Line 13 below.
_____________
4
4
Write the total of Column L here and on Line 9 below.
_______________
5
5
Amount on Line 4 attributable to involuntary conversions by casualty and theft.
_______________
6
6
Subtract Line 5 from Line 4.
_______________
7
7
Write the total of Column M here and on Line 8 below.
_____________
Valuation Limitation Amount
8
8
Write the amount from Line 7.
_____________
9
9
Write the amount from Line 4.
_____________
10
10
Total revalued capital gain. Add Lines 8 and 9.
_____________
11
Net capital gain. Write the total of U.S. Form 1065, Line 6, plus U.S. Form 1065, Schedule D,
11
Line 11, plus U.S. Form 4797, Part I, Line 7.
_____________
12
12
Write the smaller of Line 10 or Line 11.
_____________
13
13
Revalued ordinary gain. Write the amount from Line 3.
_____________
14
August 1, 1969, valuation limitation amount. Add Lines 12 and 13. Write the result here and on
14
Form IL-1065, Line 25.
_____________
Installment sales are reported on Page 2.
*932601110*
Page 1 of 4
Schedule F (IL-1065) (R-12/09)

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