Schedule 1299-B - Attach To Your Form Il-1120 Or Il-1041 - Enterprise Zone Or Foreign Trade Zone (Or Sub-Zone) Subtractions Page 2

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Step 2: Figure your subtractions
Form IL-1120 filers only
(U.S. Forms 1120, 1120F, 1120L, and 1120PC)
11 a
a
Dividend deduction amounts. See instructions.
b
b
Dividend deduction amounts. See instructions.
___ • ____________
12
12
Divide Line 11a by Line 11b and carry to six decimal places. Write your limitation ratio here.
Enterprise Zone Dividend Subtraction See specific instructions before completing.
A
B
C
D
E
F
G
H
Name of
Domestic
See
Column B
Public utility
See
Column E
Other dividends
zone
corporations
instructions.
minus
corporations
instructions.
minus
See instructions.
Column C See instructions.
Column F
13 a
a
b
b
c
c
d
d
d
d
Total Columns D, G, and H.
14
Write the amount of distributive share of Enterprise Zone Dividend Subtraction from
14
partnerships, S corporations, trusts or estates. Attach Schedule(s) K-1-P or K-1-T.
15
15
Add Line 13d, Columns D, G, and H and Line 14. This is your Enterprise Zone Dividend Subtraction.
River Edge Redevelopment Zone Dividend Subtraction
A
B
C
D
E
F
G
H
Name of
Domestic
See
Column B
Public utility
See
Column E
Other dividends
zone
corporations
instructions.
minus
corporations
instructions.
minus
See instructions.
Column C See instructions.
Column F
16 a
a
b
b
c
c
d
d
d
d
Total Columns D, G, and H.
17
Write the amount of distributive share of River Edge Redevelopment Zone Dividend Subtraction
17
from partnerships, S corporations, trusts or estates. Attach Schedule(s) K-1-P or K-1-T.
18
Add Line 16d, Columns D, G, and H and Line 17.
18
This is your River Edge Redevelopment Zone Dividend Subtraction.
19
19
Add Lines 15 and 18. Write the result here and on Form IL-1120, Line 11.
High Impact Business Dividend Subtraction
A
B
C
D
E
F
G
H
Name of
Domestic
See
Column B
Public utility
See
Column E
Other dividends
zone
corporations
instructions.
minus
corporations
instructions.
minus
See instructions.
Column C See instructions.
Column F
20 a
a
b
b
c
c
d
d
d
d
Total Columns D, G, and H.
21
Write the total amount of distributive share of High Impact Business Dividend Subtraction from
21
partnerships, S corporations, trusts and estates. Attach Schedule(s) K-1-P or K-1-T.
22
Add Line 20d, Columns D, G, and H and Line 21.
22
Write your High Impact Business Dividend Subtraction here and on Form IL-1120, Line 13.
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 3
Schedule 1299-B (R-12/12)

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