Form Il-1023-C - Illinois Composite Income And Replacement Tax Return - 1999

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Illinois Composite
1999 IL-1023-C
Income and Replacement
Tax Return
or fiscal year beginning ___/___, 1999, ending ___/___, 20 __ __.
Due on or before the 15th day of the 4th month following the close of the authorized agent's tax year.
Do not write above this line.
6 6 6
_______________________________________________________
|___|___| - |___|___|___|___|___|___|___|
Name of partnership or S corporation
Federal employer identification number (FEIN)
Seq. code
_______________________________________________________
Check all that apply.
V
V
V
In care of
Name or address change
First return
Final return
_______________________________________________________
Partners or shareholders included are (check only one):
Mailing address
V
V
_______________________________________________________
Trusts/individuals/estates
Individuals/estates only
City
State
ZIP
Part 1 — Figure the composite income and income tax
1
1
Write the amount of modified base income allocable to Illinois by the partnership or S corporation.
______________________|_____
%
2
2
Write the total percentage of ownership for all members included in this composite return.
___________________________
3
3
Multiply Line 1 by Line 2. This is the composite income apportionable and allocable to Illinois.
______________________|_____
4
4
Total income tax. Multiply Line 3 by 3% (.03). Write the total here and on Part 3, Line 7.
______________________|_____
Part 2 — Figure the replacement tax
(Complete only if this return includes any trust members.)
5
5
Write the amount of composite income included in Part 1, Line 3 that is subject to replacement tax.
______________________|_____
6
6
Total replacement tax. Multiply Line 5 by 1.5% (.015). Write the result here and on Part 3, Line 8.
______________________|_____
Part 3 — Figure the total tax
7
7
Write the total income tax amount from Part 1, Line 4.
______________________|_____
8
8
Write the total replacement tax amount from Part 2, Line 6.
______________________|_____
9
9
Add Lines 7 and 8. This is the total amount of income and replacement tax.
______________________|_____
10
10
Write the total amount prepaid on Form IL-1023-CES, plus any credit from your 1998 IL-1023-C.
______________________|_____
11
11
Overpayment. If Line 10 is greater than Line 9, subtract Line 9 from Line 10. If not, go to Line 13.
______________________|_____
12
12
Write the amount of overpayment you want credited to your 2000 composite tax.
______________________|_____
13
13
Tax due. If Line 9 is greater than Line 10, subtract Line 10 from Line 9. Pay this amount.
______________________|_____
Make your check or money order payable to “Illinois Department of Revenue.”
Do not write in this box.
Part 4 — Sign below
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 and that each of the qualifying partners or shareholders is aware of, and do comply with,
the rules and regulations set forth and made binding by this composite return.
______________________________________________________________/_____/_____
(_____)_____________________________
Signature of authorized agent
Title
Date
Phone
Preparer must complete the following information.
V
______________________________________________________________/_____/_____
Check if self-employed
Signature of preparer
Date
_________________________________________________________________________
___________________________________
Preparer’s firm’s name (or preparer if self-employed)
Preparer’s SSN, FEIN, or PTIN
_________________________________________________________________________
(_____)_____________________________
Address (firm’s or preparer’s if self-employed)
ZIP
Phone
Mail this return to: Illinois Department of Revenue, P.O. Box 19009, Springfield, IL 62794-9009
FI
TI
NS
XX
ME
DR_____________
PA__________
AL__________
CR
Clk. ID___________________
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-492-2056
IL-1023-C (R-12/99)

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