Schedule 1299-D - Attach To Your Form Il-1120, Il-1041, Il-990-T - Income Tax Credits - 2012 Page 3
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2
3
4
5
6
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28
Write the amount from Page 2, Line 27.
Research and Development Credit
(Qualifying expenses must be from research activities conducted in Illinois.)
A
B
Base period avg. expenses
This year’s expenses
Write the following:
29
29
Illinois wages for qualified services. See instructions.
30
30
Illinois cost of supplies
31
31
Illinois rental or lease costs of computers
32
32
65% (.65) of Illinois contract expenses
33
33
Illinois basic research payments to qualified organizations (corporations only)
Figure your credit:
34
34
Add Lines 29 through 33 of each column. Total Illinois qualifying expenses.
35
35
Subtract Column A, Line 34 from Column B, Line 34. If negative, write zero.
36
36
Multiply Line 35 by 6.5% (.065).
37
Write any distributive share of Research and Development Credit
37
from partnerships and S corporations. Attach Schedule(s) K-1-P.
38
38
Add Lines 36 and 37. This is your Research and Development Credit.
River Edge Redevelopment Zone Remediation Credit
A
B
C
D
Total unreimbursed remediation
Name of Zone
costs in excess of $100,000
Rate
Column B x Column C
39 a
a
25% (.25)
b
b
25% (.25)
c
c
25% (.25)
Attach a copy of the certification issued by the Illinois Environmental Protection Agency.
40
Write the amount of River Edge Redevelopment Zone Remediation Credit transferred to you.
40
Attach a copy of the letter the seller issued to the Illinois Department of Revenue.
41
Add Column D, Lines 39a through 39c, and Line 40.
41
This is your total River Edge Redevelopment Zone Remediation Credit.
Ex-Felons Jobs Credit
A
B
C
D
E
F
G
H
I
Date
Qualifying
Col. D
Max credit
Prior
Col. F minus
Write the lesser of
Name
SSN
hired
wages
x 5%
amount
credit
Col. G
Column E or H
42 a
a
__________________ ___________ ____/____ _________ _________
$600 ________
________
b
b
__________________ ___________ ____/____ _________ _________
$600 ________
________
c
c
__________________ ___________ ____/____ _________ _________
$600 ________
________
43
Write any distributive share of Ex-Felons Jobs Credit
43
from partnerships and S corporations. Attach Schedule K-1-P.
44
44
Add Column I, Lines 42a through 42c and Line 43. This is your total Ex-Felons Jobs Credit.
Veterans Jobs Credit See specific instructions before completing.
A
B
C
D
E
F
Column C
Max credit
Qualifying
x percentage
amount
Write the lesser
Name
SSN
wages
of Column D or E
See instructions for Columns D and E.
45 a
a
____________________
_____________
__________
_________
______
b
b
____________________
_____________
__________
_________
______
c
c
____________________
_____________
__________
_________
______
46
Write any distributive share of Veterans Jobs Credit
46
from partnerships and S corporations. Attach Schedule K-1-P.
47
47
Add Column F, Lines 45a through 45c and Line 46. This is your total Veterans Jobs Credit.
48
48
Add Lines 28, 38, 41, 44, and 47. Write the total here and on Page 4, Line 49.
Page 3 of 7
Schedule 1299-D (R-12/12)
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