Form Il-1065 - Partnership Replacement Tax Return - 2011 Page 3
Download a blank fillable Form Il-1065 - Partnership Replacement Tax Return - 2011 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form Il-1065 - Partnership Replacement Tax Return - 2011 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3 43
43
Business income or loss apportionable to Illinois. Multiply Line 39 by Line 42.
_______________ 00
44
44
Nonbusiness income or loss allocable to Illinois. Attach Schedule NB.
_______________ 00
45
45
Trust, estate, and non-unitary partnership business income or loss apportionable to Illinois.
_______________ 00
46
46
Base income or net loss allocable to Illinois. Add Lines 43 through 45.
_______________ 00
Step 7: Figure your net income
47
47
Base income or net loss from Step 5, Line 35, or Step 6, Line 46.
_______________ 00
48
Illinois net loss deduction. Attach Schedule NLD.
48
If Line 47 is zero or a negative amount, write “0”.
_______________ 00
49
49
Income after NLD. Subtract Line 48 from Line 47.
_______________ 00
50
50
Write the amount from Step 5, Line 35.
_______________ 00
.
51
51
Divide Line 47 by Line 50. (This figure cannot be greater than “1”.)
____
____________
52
52
Exemption allowance. Multiply Line 51 by $1,000. (Short-year filers, see instructions.)
_______________ 00
53
53
Net income. Subtract Line 52 from Line 49.
_______________ 00
Step 8: Figure your net replacement tax
54
54
Replacement tax. Multiply Line 53 by 1.5% (.015).
_______________ 00
55
55
Recapture of investment credits. Attach Schedule 4255.
_______________ 00
56
56
Replacement tax before investment credits. Add Lines 54 and 55.
_______________ 00
57
57
Investment credits. Attach Form IL-477.
_______________ 00
58
58
Net replacement tax. Subtract Line 57 from Line 56. Write “0” if this is a negative amount.
_______________ 00
Step 9: Figure your refund or balance due
59
Payments
a
59a
Credit from 2010 overpayment.
_______________ 00
b
59b
Form IL-505-B (extension) payment.
_______________ 00
c
59c
Pass-through entity payments. Attach Schedule(s) K-1-P or K-1-T.
_______________ 00
d
59d
Gambling withholding. Attach Form(s) W-2G.
_______________ 00
60
60
Total payments. Add Lines 59a through 59d.
_______________ 00
61
61
Overpayment. If Line 60 is greater than Line 58, subtract Line 58 from Line 60.
_______________ 00
62
62
Amount to be credited to 2012.
_______________ 00
63
63
Refund. Subtract Line 62 from Line 61. This is the amount to be refunded.
_______________ 00
64
Tax Due. If Line 58 is greater than Line 60, subtract Line 60 from Line 58.
64
This is the amount you owe.
_______________ 00
Step 10: Sign here
Under penalties of perjury, I state that I have examined this return and, to the best of my knowledge, it is true, correct, and complete.
_____________________________________________ ___ / ___ / ____ _________________________
(_____)__________
Signature of partner
Date
Title
Phone
_____________________________________________ ___ / ___ / ____ ____________________________________________
Signature of preparer
Date
Preparer’s Social Security number or firm’s FEIN
_____________________________________________ ____________________________________
(_____)__________
Phone
Preparer firm’s name (or yours, if self-employed)
Address
If a payment is not enclosed, mail this return to: Illinois Department of Revenue, P.O. Box 19031, Springfield, IL 62794-9031
If a payment is enclosed, mail this return to: Illinois Department of Revenue, P.O. Box 19053, S pringfield, IL 62794-9053
*132403110*
IL-1065 (R-12/11)
Page 3 of 4
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial