Schedule F - Attach To Your Form Il-1120-St - Gains From Sales Or Exchanges Of Property Acquired Before August 1, 1969 Page 2

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Column J Worksheet
1
2
3
4
5
Column 1 times Column 2 or,
Column 3 minus Column 4.
if Column 2 blank, Schedule F,
Total gain reported
If negative, write zero.
Total gain
Fraction
Column H minus Column I
in prior years
Write this amount in Column J.
a
b
c
d
Instructions for Column J Worksheet
Column 4
Write the total gain reported on federal income tax
For each installment sale after July 31, 1969, reported on Schedule F:
returns in prior years.
Column 1
Write the total federal gain realized on the sale. This is
Column 5
Subtract Column 4 from Column 3. If the result is
your entire gain and not just the amount of gain reported this year.
negative, write zero. Otherwise, write the amount here and on
Schedule F, Column J.
Column 2
Write the fraction, if any, written on Schedule F,
Column H.
Column 3
If you wrote a fraction in Column 2 of this worksheet,
multiply Column 1 by that fraction. If Column 2 is blank, subtract
Column I from Column H on Schedule F and write the amount in
Column 3.
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.
Page 2 of 4
Schedule F (IL-1120-ST) (R-12/12)

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