Schedule K-1-T(2) Beneficiary'S Instructions (Page 4 of 6) in pdf

Step 5 - Your share of Illinois additions and

Lines 36a through 46 -

Add Lines 36a through 46, Columns A and B.

subtractions —

Column A

Column B

Line 36a

______________

Column A - Member’s share of additions —

Line 36b

______________

Lines 30 through 35 -

The amounts on these lines are reported

Line 37

______________

in your Illinois base income by including them on your Form IL-1041,

Line 38

______________

Step 2, Line 9.

Line 41

______________

Column A - Member’s share of subtractions —

Line 42

______________

Add Step 5, Column A,

Line 43

______________

Line 36a

______________

Line 44

______________

Line 36b

______________

Line 45

______________

Line 46

______________

Line 37

______________

Total

______________

Line 38

______________

Line 41

______________

Write the total on Form IL-1041, Step 3, Line 22.

Line 42

______________

Lines 39a and 39b -

Add Lines 39a and 39b, Columns A and B.

Line 43

______________

Column A

Column B

Line 44

______________

Line 39a

______________

Line 45

______________

Line 39b

______________

Line 46

______________

Total

______________

Total

______________

Nonresidents: Include this total amount on your Schedule NR, Step 4,

Write the total on Form IL-1041, Step 3, Line 22.

Column B, Line 42 to the extent it was not distributed or deemed distrib-

uted to a beneficiary.

Lines 39a -

Include the amount from Line 39a on your Schedule

Residents claiming credit for taxes paid in other states: Subtract the

1299-B, Step 1, Line 2.

total amount in Column B from the total amount in Column A, and write the

Lines 39b -

Include the amount from Line 39b on your Schedule

result on your Schedule CR, Column B, Line 40, to the extent it was not

1299-B, Step 1, Line 5.

distributed or deemed distributed to a beneficiary.

Lines 40 -

Include the amount from Line 40 on your Schedule 1299-B,

Line 40 -

Step 1, Line 9.

Nonresidents: Include the amount from Line 40 on your Schedule NR,

Column B - Illinois Share —

Column B, Line 43, to the extent it was not distributed or deemed distrib-

uted to a beneficiary.

Lines 30 through 35 -

Add Column B, Lines 30 through 35.

Residents claiming credit for taxes paid in other states: Subtract the

Column A

Column B

total amount in Column B from the total amount in Column A, and write the

Line 30

______________

result on your Schedule CR, Column B, Line 41, to the extent it was not

Line 31

______________

distributed or deemed distributed to a beneficiary.

Line 32

______________

Step 6 - Your share of the Illinois August 1, 1969,

Line 33

______________

appreciation amounts —

Line 34

______________

Line 35

______________

Line 47 -

Include this amount on your Schedule F, Column K, Line 2.

Total

______________

Line 48 -

Include this amount on your Schedule F, Column L, Line 2.

Nonresidents: Include this total amount as an addition on your

Line 49 -

Include this amount on your Schedule F, Column M, Line 2.

Schedule NR, Step 4, Column B, Line 35 to the extent it was not

Step 7 - Figure your beneficiary’s share of pass-

distributed or deemed distributed to a beneficiary.

through entity payments

Residents claiming credit for taxes paid in other states: Subtract

Line 50 - Pass-through entity payments —

Write the amount

the total amount in Column B from the total amount in Column A,

from Line 50 on your Form IL-1041, Step 7, Line 50d.

and write the result on your Schedule CR, Column B, Line 32, to the

extent it was not distributed or deemed distributed to a beneficiary.

Lines 36a through Line 38 and Line 41 through 46 -

Add Col-

umn B, Lines 36a through 38 and 41 through 46.

Schedule K-1-T(2) (R-12/11)

Page 4 of 6

Schedule K-1-T(2) Beneficiary'S Instructions Page 4

Related Articles

Related forms

Related Categories