Form Il-1120-X - Amended Corporation Income And Replacement Tax Return - 2005 Page 3

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Step 8: Figure your net income tax
45
Multiply Line 39 by 4.8% (.048).
____________|____
45
45
____________|____
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46
46
46
Recapture of investment credits (Schedule 4255).
____________|____
____________|____
____________|____
47
47
47
Income tax before credits. Add Lines 45 and 46.
____________|____
____________|____
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48
48
48
Income tax credits (Schedule 1299-D).
____________|____
____________|____
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49
Net income tax. Subtract Line 48 from Line 47.
49
49
If negative, write “0.”
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____________|____
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Step 9: Figure your refund or balance due
50
50
50
Net replacement tax from Line 44.
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____________|____
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51
51
51
Net income tax from Line 49
____________|____
____________|____
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.
52
Total net income and replacement taxes.
52
52
Add Lines 50 and 51
____________|____
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.
53
Payments
a
a Credit from prior year overpayment
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b
b Total estimated payments
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c
c Form IL-505-B (extension) payment
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53
Total payments. Add Lines 53a through 53c.
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54
54
Tax paid with original return (do not include penalties and interest).
____________|____
55
55
Subsequent tax payments made since the orignal return.
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56
56
Total tax paid. Add Lines 53, 54, and 55.
____________|____
57
57
Total amount previously refunded and/or credited for the year being amended.
____________|____
58
58
Net tax paid. Subtract Line 57 from Line 56.
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59
59
Refund. Subtract Line 52 from Line 58.
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60
60
Tax due. Subtract Line 58 from Line 52.
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61
61
Penalty (See instructions.)
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62
62
Interest (See instructions.)
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63
63
Total balance due. Add Lines 60 through 62.
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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 of firm’s FEIN
______________________________________
_______________________________________________________
(____)________________
Phone
Preparer firm’s name (or yours, if self-employed)
Address
Mail this return to: Illinois Department of Revenue, P.O. Box 19016, Springfield, IL 62794-9016
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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-492-0106
IL-1120-X (R-08/06)
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