Form Il-1120-St - Small Business Corporation Replacement Tax Return - 2007 Page 3

Download a blank fillable Form Il-1120-St - Small Business Corporation Replacement Tax Return - 2007 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-1120-St - Small Business Corporation Replacement Tax Return - 2007 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

51
51
Write the amount from Line 50.
_______________|____
Step 8: Figure your net replacement tax
52
52
Replacement tax. Multiply Line 5 by .5% (.05).
_______________|____
53
53
Recapture of investment credits. Attach Schedule 4255.
_______________|____
54
54
Replacement tax before investment credits. Add Lines 52 and 53.
_______________|____
55
55
Investment credits. Attach Form IL-477.
_______________|____
56
56
Net replacement tax. Subtract Line 55 from Line 54. Write “0” if this is a negative amount.
_______________|____
S tep 9: Figure your refund or balance due
57
Payments
a
a
Credit from 2006 overpayment.
_______________|____
b
b
Form IL-505-B (extension) payment.
_______________|____
58
58
Total payments. Add Lines 57a and 57b.
_______________|____
59
59
Overpayment. If Line 58 is greater than Line 56, subtract Line 56 from Line 58.
_______________|____
60
60
Amount to be credited to 2008.
_______________|____
61
61
Refund. Subtract Line 60 from Line 59. This is the amount to be refunded.
_______________|____
62
62
Tax Due. If Line 56 is greater than Line 58, subtract Line 58 from Line 56.
_______________|____
Make your check payable to “Illinois Department of Revenue” and attach to the front of this form.
Write the amount of your payment on the top of Page 1 in the space provided.
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 authorized officer
Date
Title
Phone
_____________________________________________ ___/___/____
____________________________
Signature of preparer
Date
Preparer’s Social Security number or firm’s FEIN
_____________________________________________ _______________________________________
(_____)__________
Preparer firm’s name (or yours, if self-employed)
Address
Phone
Mail this return to: Illinois Department of Revenue, P.O. Box 19032, Springfield, IL 62794-9032
This form is authorized as outlined by the Illinois Income Tax Act. Disclosure of this information is REQUIRED. Failure to provide information could
result in a penalty. This form has been approved by the Forms Management Center.
IL-492-0073
IL-20-ST (R-2/07)
Page 3 of 4

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 3