Form Il-1120-St - Small Business Corporation Replacement Tax Return - 2012 Page 3
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1
2
3
4A If the amount on Line 35 is derived inside Illinois only, check this box and write the amount from Step 5, Line 35
on Step 7, Line 47. You may not complete Step 6. (You must leave Step 6, Lines 36 through 46 blank.)
B If any portion of the amount on Line 35 is derived outside Illinois, check this box and complete all lines of Step 6.
See instructions.
Step 6: Figure your income allocable to Illinois
(Complete only if you checked the box on Line B, above.)
36
36
Nonbusiness income or loss. Attach Schedule NB.
00
37
37
Trust, estate, and non-unitary partnership business income or loss included in Line 35.
00
38
38
Add Lines 36 and 37.
00
39
39
Business income or loss. Subtract Line 38 from Line 35.
00
40
40
Total sales everywhere. This amount cannot be negative.
41
41
Total sales inside Illinois. This amount cannot be negative.
42
42
Apportionment factor. Divide Line 41 by Line 40 (carry to six decimal places).
43
43
Business income or loss apportionable to Illinois. Multiply Line 39 by Line 42.
00
44
44
Nonbusiness income or loss allocable to Illinois. Attach Schedule NB.
00
45
45
Trust, estate, and non-unitary partnership business income or loss apportionable to Illinois.
00
46
46
Base income or loss allocable to Illinois. Add Lines 43 through 45.
00
Step 7: Figure your net income
47
47
00
Base income or net loss from Step 5, Line 35, or Step 6, Line 46.
48
48
Discharge of Indebtedness adjustment. Attach federal Form 982. See instructions.
00
49
49
Adjusted base income or net loss. Add Lines 47 and 48.
00
50
Illinois net loss deduction. Attach Schedule NLD.
50
If Line 49 is zero or a negative amount, write “0”.
00
51
51
Net income. Subtract Line 50 from Line 49.
00
Step 8: Figure your net replacement tax
52
52
Replacement tax. Multiply Line 51 by 1.5% (.015).
00
53
53
Recapture of investment credits. Attach Schedule 4255.
00
54
54
Replacement tax before investment credits. Add Lines 52 and 53.
00
55
55
Investment credits. Attach Form IL-477.
00
56
56
Net replacement tax. Subtract Line 55 from Line 54. Write “0” if this is a negative amount.
00
Step 9: Figure your refund or balance due
57
Payments.
a
57a
Credit from 2011 overpayment.
00
b
57b
00
Form IL-505-B (extension) payment.
c
57c
Pass-through entity payments. Attach Schedule(s) K-1-P or K-1-T.
00
d
57d
Gambling withholding. Attach Form(s) W-2G.
00
58
58
Total payments. Add Lines 57a through 57d.
00
59
59
Overpayment. If Line 58 is greater than Line 56, subtract Line 56 from Line 58.
00
60
60
Amount to be credited to 2013.
00
61
61
00
Refund. Subtract Line 60 from Line 59. This is the amount to be refunded.
62
Tax Due. If Line 56 is greater than Line 58, subtract Line 58 from Line 56.
62
This is the amount you owe.
00
Step 10: Sign here
Under penalties of perjury, I state that I have examined this return and, to the best of my knowledge, it is true, correct, and complete.
Check this box if we may
(
)
Signature of authorized officer
Date
Title
Phone
discuss this return with the
preparer shown in this step.
Signature of preparer
Date
Preparer’s Social Security number or firm’s FEIN
(
)
Preparer’s firm name (or yours, if self-employed)
Address
Phone
IL-1120-ST (R-12/12)
Page 3 of 4
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