Schedule 1299-A - Illinois Tax Subtractions And Credits - 2015 Page 2
Download a blank fillable Schedule 1299-A - Illinois Tax Subtractions And Credits - 2015 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Schedule 1299-A - Illinois Tax Subtractions And Credits - 2015 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4
5Interest Subtraction - High Impact Business within a Foreign Trade Zone (or sub-zone)
)
(Form IL-1120-ST financial organizations only
A
B
C
D
E
F
G
H
Property by
Year of
Zone of
Col. E ÷ Col. F
which loan
investment
secured
Basis of
Loan
Total
(cannot exceed “1”)
Borrower
is secured
credit
property
property
amount
interest
Multiply result by Col. G
13 a
a
b
b
c
c
14
Enter any distributive share of High Impact Business Interest Subtraction from S corporations.
14
Attach Schedule(s) K-1-P.
15
Add Column H, Lines 13a through 13c, and Line 14. Enter your High Impact Business
15
Interest Subtraction here and on Form IL-1120-ST, Line 28.
Step 2: Figure your credits
Film Production Services Tax Credit
16 a
Enter the amount of available credit from the Tax Credit Certificate you received from the Illinois
Department of Commerce and Economic Opportunity (DCEO) or the amount that was transferred to you.
a
Attach DCEO certificate.
b
Enter the distributive share of Film Production Services Tax Credit from other
b
partnerships or S corporations. Attach Schedule(s) K-1-P.
c
Add Lines 16a and 16b. Enter the total here and enter each owner’s
c
share on Schedule K-1-P, Line 52a.
Enterprise Zone Investment Credit
A
B
C
D
E
F
G
H
Description of
Date placed in
ACRS New/Used
qualified property
service in Illinois class
)
Name of Zone
Basis
Rate
Column F x Column G
(see instr.
Month Year
17 a
a
.005
/
b
b
.005
/
c
c
.005
/
18
Enter any distributive share of Enterprise Zone Investment Credit from
18
partnerships and S corporations. Attach Schedule(s) K-1-P.
19
Add Column H, Lines 17a through 17c, and Line 18. Enter your Enterprise Zone Investment Credit
19
here and enter each owner’s share on Schedule K-1-P, Line 52b.
River Edge Redevelopment Zone Investment Credit
If your tax year begins on or after July 12, 2016, do not complete Lines 20a through 20c. See the instructions for more information.
A
B
C
D
E
F
G
H
Description of
Date placed in
ACRS New/Used
Rate
qualified property
service in Illinois class
)
Name of Zone
Basis
Column F x Column G
(see instr.
(see instr.)
Month Year
20 a
a
/
b
b
/
c
c
/
21
Enter any distributive share of River Edge Redevelopment Zone Investment Credit from
21
partnerships and S corporations. Attach Schedule(s) K-1-P.
22
Add Column H, Lines 20a through 20c, and Line 21. Enter your River Edge Redevelopment Zone
22
Investment Credit here and enter each owner’s share on Schedule K-1-P, Line 52c.
*534002110*
Page 2 of 5
Schedule 1299-A (R-12/15)
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial