Form Il-1041-X -Amended Fiduciary Income And Replacement Tax Return 2010 Page 2

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*064102110*
A
B
As most recently
Corrected
reported or adjusted
amount
Benefi ciaries
Fiduciary
Benefi ciaries
Fiduciary
12
12
12
Write the amounts from Line 11.
_____________ 00
_____________ 00
Step 4: Figure your Illinois base income or net loss
13
August 1, 1969, valuation limitation
13a
13b
13a
13b
amount (Schedule F).
_____________ 00
_____________ 00
_____________ 00
_____________ 00
14
Payments from certain retirement
14a
14b
14a
14b
plans.
_____________ 00
_____________ 00
_____________ 00
_____________ 00
15
Interest income from U.S. Treasury
15a
15b
15a
15b
and other exempt federal obligations.
_____________ 00
_____________ 00
_____________ 00
_____________ 00
16
Retirement payments to retired
16a
16b
16a
16b
partners.
_____________ 00
_____________ 00
_____________ 00
_____________ 00
17
Enterprise Zone or River Edge
Redevelopment Zone Dividend
17a
17b
17a
17b
subtraction (Schedule 1299-B).
_____________ 00
_____________ 00
_____________ 00
_____________ 00
18
High Impact Business Dividend
18a
18b
18a
18b
subtraction (Schedule 1299-B).
_____________ 00
_____________ 00
_____________ 00
_____________ 00
19
Contributions to certain job training
19a
19b
19a
19b
projects.
_____________ 00
_____________ 00
_____________ 00
_____________ 00
20
Illinois Special Depreciation
20a
20b
20a
20b
subtraction (Form IL-4562).
_____________ 00
_____________ 00
_____________ 00
_____________ 00
21
Related-party expenses
21a
21b
21a
21b
subtraction (Schedule 80/20).
_____________ 00
_____________ 00
_____________ 00
_____________ 00
22
Distributive share of subtractions
22a
22b
22a
22b
(Schedule(s) K-1-P or K-1-T).
_____________ 00
_____________ 00
_____________ 00
_____________ 00
23
23a
23b
23a
23b
ESBT loss amount.
_____________ 00
_____________ 00
_____________ 00
_____________ 00
24
24a
24b
24a
24b
Other subtractions (Schedule M).
_____________ 00
_____________ 00
_____________ 00
_____________ 00
25
Total subtractions.
Add Lines 13b through 24b.
25
2 5
See instructions.
_____________ 00
_____________ 00
26
Base income or net loss.
26
26
Subtract Line 25 from Line 12.
_____________ 00
_____________ 00
If you are a nonresident of Illinois, complete Schedule NR; otherwise continue to Step 5.
Step 5: Figure your net income
27
Base income or net loss from Line 26 or,
27
27
if you are a nonresident, from Schedule NR, Line 51.
_____________ 00
_____________ 00
28
28
28
Discharge of indebtedness adjustment (U.S. Form 982).
_____________ 00
_____________ 00
29
29
29
Adjusted base income or net loss. Add Lines 27 and 28.
_____________ 00
_____________ 00
30
Illinois net loss deduction (Schedule NLD).
30
30
If Line 27 is zero or a negative amount, write “0.”
_____________ 00
_____________ 00
31
Standard exemption.
Residents only: Write $1,000.
31
31
Nonresidents only: Write the amount from Sch. NR, Line 54.
_____________ 00
_____________ 00
32
32
32
Add Lines 30 and 31.
_____________ 00
_____________ 00
33
Net income. Subtract Line 32 from Line 29.
33
33
If the amount is negative, write “0”.
_____________ 00
_____________ 00
Step 6: Figure your net replacement tax — For trusts only, estates go to Step 7.
34
34
34
Replacement tax. Multiply Line 33 by 1.5% (.015).
_____________ 00
_____________ 00
35
35
35
Recapture of investment credits (Schedule 4255).
_____________ 00
_____________ 00
36
36
36
Replacement tax before investment credits. Add Lines 34 and 35
_____________ 00
_____________ 00
.
37
37
37
Investment credits (Form IL-477).
_____________ 00
_____________ 00
38
Net replacement tax. Subtract Line 37 from Line 36.
38
38
If negative, write “0”.
_____________ 00
_____________ 00
Page 2 of 4
IL-1041-X (R-12/10)

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