Step 4: Figure your credit (See instructions before completing this step.)
Figure your credit
38
38
Write your total tax from Form IL-1040, Line 15.
39
Add the credit amounts from Form IL-1040, Lines 19, 20b, 21b, (and 22b only if you checked the “no” box
39
on Line 5 of the EIC Worksheet in the IL-1040 Instructions for Line 22) and write the total here. (see instructions)
40
40
Subtract Line 39 from Line 38.
41
41
Write the amount from your 2004 Schedule 1299-C, Line 66.
42
42
Subtract Line 41 from Line 40. This amount may be negative.
43
43
Write the amount from your 2004 Schedule 1299-C, Line 67.
44
44
If Line 42 is negative, write the amount from Line 43 as a negative number. Otherwise, subtract Line 43 from Line 42.
45
45
Write the amount from your 2004 Schedule 1299-C, Line 68.
46
46
If Line 44 is negative, write the amount from Line 45 as a negative number. Otherwise, subtract Line 45 from Line 44.
47
47
Write the amount from your 2004 Schedule 1299-C, Line 69.
48
48
If Line 46 is negative, write the amount from Line 47 as a negative number. Otherwise, subtract Line 47 from Line 46.
49
49
Write the amount from your 2004 Schedule 1299-C, Line 70.
50
50
If Line 48 is negative, write the amount from Line 49 as a negative number. Otherwise, subtract Line 49 from Line 48.
51
51
Write the amount from your 2004 Schedule 1299-C, Line 71.
52
52
If Line 50 is negative, write the amount from Line 51 as a negative number. Otherwise, subtract Line 51 from Line 50.
53
53
Write the amount from your 2004 Schedule 1299-C, Line 72.
54
54
If Line 52 is negative, write the amount from Line 53 as a negative number. Otherwise, subtract Line 53 from Line 52.
55
55
Write the amount from Step 2, Line 10, from this Schedule 1299-C.
56
56
If Line 54 is negative, write the amount from Line 55 as a negative number. Otherwise, subtract Line 55 from Line 54.
57
57
Write the amount from Step 3, Line 37, from this Schedule 1299-C.
58
58
If Line 56 is negative, write the amount from Line 57 as a negative number. Otherwise subtract Line 57 from Line 56.
59
Figure the amount of credit to use this year.
If the lesser number is negative, write zero.
a Write the lesser of Line 40 or 41.
a
b Write the lesser of Line 42 or 43.
b
c Write the lesser of Line 44 or 45.
c
d Write the lesser of Line 46 or 47.
d
e Write the lesser of Line 48 or 49.
e
f
Write the lesser of Line 50 or 51.
f
g Write the lesser of Line 52 or 53.
g
h Write the lesser of Line 54 or 55.
h
i
Write the lesser of Line 56 or 57.
i
59
Add Lines a through i. Write the result here and on Form IL-1040, Step 7, Line 23.
Schedule 1299-C (R-12/05)
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