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Step 3: Figure your credit available to be carried forward

Retain a copy of this page in your files. You will need this to complete next year’s Illinois Schedule 1299-D.

To figure each credit amount, STOP at the first applicable line for each credit.

All line references in this Step refer to Step 2 of this Illinois Schedule 1299-D.

Two-year credit carryforward that is available for one more tax year.

• If Line 9 is positive or zero, write zero here. You do not have any credit from this year to carry.

• If Line 7 is negative, write the amount from Line 8 here.

• If Line 9 is negative, write that amount as a positive number here.

Five-year credit carryforward that is available for one more tax year

• If Line 11 is positive or zero, write zero here. You do not have any credit from this year to carry.

• If Line 9 is negative, write the amount from Line 10 here.

• If Line 11 is negative, write that amount as a positive number here.

Two-year credit carryforward that is available for the next two tax years.

• If Line 13 is positive or zero, write zero here. You do not have any credit from this year to carry.

• If Line 11 is negative, write the amount from Line 12 here.

• If Line 13 is negative, write that amount as a positive number here.

Five-year credit carryforward that is available for the next two tax years.

• If Line 15 is positive or zero, write zero here. You do not have any credit from this year to carry.

• If Line 13 is negative, write the amount from Line 14 here.

• If Line 15 is negative, write that amount as a positive number here.

Five-year credit carryforward that is available for the next three tax years.

• If Line 17 is positive or zero, write zero here. You do not have any credit from this year to carry.

• If Line 15 is negative, write the amount from Line 16 here.

• If Line 17 is negative, write that amount as a positive number here.

Five-year credit carryforward that is available for the next four tax years.

• If Line 19 is positive or zero, write zero here. You do not have any credit from this year to carry.

• If Line 17 is negative, write the amount from Line 18 here.

• If Line 19 is negative, write that amount as a positive number here.

Five-year credit carryforward that is available for the next five tax years.

• If Line 21 is positive or zero, write zero here. You do not have any credit from this year to carry.

• If Line 19 is negative, write the amount from Line 20 here.

• If Line 21 is negative, write that amount as a positive number here.

Ten-year credit carryforward that is available for the next nine tax years.

• If Line 23 is positive or zero, write zero here. You do not have any credit from this year to carry.

• If Line 21 is negative, write the amount from Line 22 here.

• If Line 23 is negative, write that amount as a positive number here.

Ten-year credit carryforward that is available for the next ten tax years.

• If Line 25 is positive or zero, write zero here. You do not have any credit from this year to carry.

• If Line 23 is negative, write the amount from Line 24 here.

• If Line 25 is negative, write that amount as a positive number here.

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.

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Schedule 1299-D (R-12/12)

Schedule 1299-D - Attach To Your Form Il-1120, Il-1041, Il-990-T - Income Tax Credits - 2012 Page 7