Schedule Cr - Illinois Credit For Tax Paid To Other States - 2015 Page 3

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Step 4: Figure your Schedule CR decimal
Column A
Column B
42
42
Enter the amount from Line 41, Column A and Column B.
.00
.00
43
Divide Column B, Line 42 by Column A, Line 42 (carry to three decimal places).
.
Enter the appropriate decimal. If Column B, Line 42 is greater than
43
Column A, Line 42, enter 1.000. Enter this amount on Step 6, Line 53.
Step 5: Part-year residents only
(Full year residents, go to Step 6.)
.
44
44
Enter the base income from your Form IL‑1040, Line 9.
.00
45
45
Divide Column A, Line 42 by Line 44 (carry to 3 decimal places).
46
46
Enter the exemption amount from Form IL‑1040, Line 10.
.00
47
47
Multiply Line 45 by Line 46.
.00
48
48
Subtract Line 47 from Column A, Line 42.
.00
49
Multiply Line 48 by 3.75% (.0375). Enter this amount on Step 6, Line 52, and continue
49
on to Step 6, Line 50.
.00
Step 6: Figure your credit
50
If you are claiming a credit for tax paid to any of the states listed below, check the box for the appropriate state.
Iowa
Kentucky
Michigan
Wisconsin
51
Enter the total amount of income tax paid to other states on Illinois base
income (see instructions). Note: Do not enter the tax withheld from your
Form W‑2 unless you are including tax paid to a city or local government
51
that does not require you to file a tax return.
.00
52
Illinois Residents: Enter your Illinois tax due from Form IL‑1040, Line 13.
52
Part-year Residents: Enter the amount from Step 5, Line 49.
.00
.
53
53
Enter the decimal amount from Step 4, Line 43 here.
54
54
Multiply Line 52 by Line 53.
.00
55
Compare the amounts on Lines 51 and 54. Enter the lesser amount here and on
55
Form IL‑1040, Line 16. This is your tax credit.
.00
Reset
Print
Keep your out-of-state tax returns and any Schedules K-1-P and K-1-T
with your records. You must send us this information if we request it.
*561303110*
IL–1040 Schedule CR (R‑12/15)
Page 3 of 3

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