Schedule 1299-A - Tax Subtractions And Credits Page 4
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1
2
3
4
5Research and Development Credit
A
B
Base period avg. expenses
This year’s expenses
Write the following:
37
37
Illinois wages for qualified services. See instructions.
38
38
Illinois cost of supplies
39
39
Illinois rental or lease costs of computers
40
40
65% (.65) of Illinois contract expenses
Figure your credit:
41
41
Total Illinois qualifying expenses. Add Lines 37 through 40 of each column.
42
42
Subtract Column A, Line 41, from Column B, Line 41. If negative, write zero.
43
43
Multiply Line 42 by 6.5% (.065).
44
Write any distributive share of research and development credit from other partnerships and
44
S corporations. Attach Schedule(s) K-1-P.
45
Add Lines 43 and 44. Write your Research and Development Credit here and write each
45
owner’s share on Schedule K-1-P, Line 52f.
Ex-Felons Jobs Credit
A
B
C
D
E
F
G
H
I
Date
Qualifying
Col. D
Max credit Prior
Col. F minus
Write the lesser of
Name
SSN
hired
wages
x 5% (.05)
amount
credit
Col. G
Column E or H
46 a
a
__________________ ___________ ____/____ _________ _________
$600 _________ _________
b
b
__________________ ___________ ____/____ _________ _________
$600 _________ _________
c
c
__________________ ___________ ____/____ _________ _________
$600 _________ _________
47
Write any distributive share of Ex-Felons Jobs Credit from partnerships and S corporations.
47
Attach Schedule(s) K-1-P.
48
Add Column I, Lines 46a through 46c and Line 47. Write your Ex-Felons Jobs Credit here and write
48
each owner’s share on Schedule K-1-P, Line 52g.
Veterans Jobs Credit See specific instructions before completing.
A
B
C
D
E
F
Column C
Max credit
Qualifying
x percentage
amount
Write the lesser
Name
SSN
wages
of Column D or E
See instructions for Columns D and E.
49 a
a
____________________
________________
____________
___________
_______
b
b
____________________
________________
____________
___________
_______
c
c
____________________
________________
____________
___________
_______
50
Write any distributive share of Veterans Jobs Credit from partnerships and S corporations.
50
Attach Schedule(s) K-1-P.
51
Add Column F, Lines 49a through 49c and Line 50. Write your Veterans Jobs Credit here, and write
51
each owner’s share on Schedule K-1-P, Line 52h.
Student-Assistance Contribution Credit
A
B
C
D
E
F
Qualifying
Column C
Max credit
Write the lesser
Name
SSN
contribution amount
x 25% (.25)
amount
of Column D or E
52 a
a
____________________
________________
___________
___________
$500
b
b
____________________
________________
___________
___________
$500
c
c
____________________
________________
___________
___________
$500
53
Write any distributive share of Student-Assistance Contribution Credit from partnerships
53
and S corporations. Attach Schedule(s) K-1-P.
54
Add Column F, Lines 52a through 52c and Line 53. Write your Student-Assistance Contribution Credit
54
here and write each owner’s share on Schedule K-1-P, Line 52i.
Page 4 of 5
Schedule 1299-A (R-12/12)
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