Schedule 1299-A - Attach To Form Il-1065 Or Il-1120-St - Tax Subtractions And Credits - 2013 Page 2

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Interest Subtraction - High Impact Business within a Foreign Trade Zone (or sub-zone)
)
(Form IL-1120-ST financial organizations only
A
B
C
D
E
F
G
H
Property by
Year of
Zone of
Col. E ÷ Col. F
which loan
investment
secured
Basis of
Loan
Total
(cannot exceed “1”)
Borrower
is secured
credit
property
property
amount
interest
Multiply result by Col. G
13 a
a
b
b
c
c
14
Write any distributive share of High Impact Business Interest Subtraction from S corporations.
14
Attach Schedule(s) K-1-P.
15
Add Column H, Lines 13a through 13c, and Line 14. Write your High Impact Business
15
Interest Subtraction here and on Form IL-1120-ST, Line 28.
Step 2: Figure your credits
Film Production Services Tax Credit
16 a
Write the amount of available credit from the Tax Credit Certificate you received from the Illinois
Department of Commerce and Economic Opportunity (DCEO) or the amount that was transferred to you.
a
Attach DCEO certificate.
b
Write the distributive share of Film Production Services Tax Credit from other
b
partnerships or S corporations. Attach Schedule(s) K-1-P.
c
Add Lines 16a and 16b. Write the total here and write each owner’s
c
share on Schedule K-1-P, Line 52a.
Enterprise Zone Investment Credit
A
B
C
D
E
F
G
H
Description of
Date placed in
ACRS New/Used
Rate
qualified property
service in Illinois class
)
Name of Zone
Basis
Column F x Column G
(see instr.
(see instr.)
Month Year
17 a
a
/
.005
b
b
/
.005
c
c
/
.005
18
Write any distributive share of Enterprise Zone Investment Credit from
18
partnerships and S corporations. Attach Schedule(s) K-1-P.
19
Add Column H, Lines 17a through 17c, and Line 18. Write your Enterprise Zone Investment Credit
19
here and write each owner’s share on Schedule K-1-P, Line 52b.
River Edge Redevelopment Zone Investment Credit
A
B
C
D
E
F
G
H
Description of
Date placed in
ACRS New/Used
Rate
qualified property
service in Illinois class
)
Name of Zone
Basis
Column F x Column G
(see instr.
(see instr.)
Month Year
20 a
a
/
b
b
/
c
c
/
21
Write any distributive share of River Edge Redevelopment Zone Investment Credit from
21
partnerships and S corporations. Attach Schedule(s) K-1-P.
22
Add Column H, Lines 20a through 20c, and Line 21. Write your River Edge Redevelopment Zone
22
Investment Credit here and write each owner’s share on Schedule K-1-P, Line 52c.
*334002110*
Page 2 of 5
Schedule 1299-A (R-12/13)

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