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                    Illinois Department of Revenue                                                                                                                       
                                                                                                                *33012221W*                                                   Year ending
                   Schedule K-1-P                                              _____  _____
                  Partner’s or Shareholder’s Share of Income, Deductions, Credits, and Recapture Month      Year                                                                                              
                            To be completed by partnerships filing Form IL-1065 or S corporations filing Form IL-1120-ST.                                                         IL Attachment No. 12
                             Partners and Shareholders receiving Schedule K-1-P should attach this to their Illinois tax return. 

Step 1:  Identify your partnership or S corporation 
  1      Check your business type          partnership      S corporation                                3  ____   ____   -   ____   ____   ____   ____   ____   ____   ____ 
                                                                                                           Enter your federal employer identification number (FEIN).
 2  ___________________________________________________  4                                                 Enter the apportionment factor from Form IL-1065 or Form
         Enter your name as shown on your Form IL-1065 or Form IL-1120-ST.                                   IL-1120-ST, Line 42. Otherwise, enter “1.” _________________ 

Step 2:  Identify your partner or shareholder 
  5   ___________________________________________________                                                9a  Check the appropriate box. See instructions.
         Name                                                                                                         individual                 corporation                         trust
 6  ___________________________________________________                                                         partnership               S corporation             estate
         Mailing address                                                                                                             
   ___________________________________________________                                                   9b                       To be completed by the recipient on Line 5 only.    
         City                                                                     State              ZIP
                                                                                                           I am a:         grantor trust              disregarded entity
  7  ___________________________________________________                                                     and the amounts on this schedule will be reported by:
         Social Security number or FEIN                                                                    Name:_______________________________________________
                                                                                                            
 8  _________________________                                                                                SSN or FEIN:   ________________________________________
         Share (%)

Step 3:  Figure your partner’s or shareholder’s share of your nonbusiness income or loss 
                                                                                                                                         A                                            B
                                                                                                                 Member’s share                                               Member’s share 
                                                                                                                 (See instructions.)                                          allocable to Illinois
 10  Interest                                                                                            10  _________________________                                _________________________
 11  Dividends                                                                                           11  _________________________                                _________________________
 12  Rental income                                                                                       12  _________________________                                _________________________ 
 13      Patent royalties                                                                                13  _________________________                                _________________________
 14  Copyright royalties                                                                                 14  _________________________                                _________________________
 15  Other royalty income                                                                                15  _________________________                                _________________________
 16  Capital gain or loss from real property                                                             16  _________________________                                _________________________
 17  Capital gain or loss from tangible personal property                                                17  _________________________                                _________________________
 18  Capital gain or loss from intangible personal property                                              18  _________________________                                _________________________
 19  Other income and expense ____________________________                                               19  _________________________                                _________________________
                                   Specify
 
Step 4:  Figure your partner’s or shareholder’s share of your business income or loss
                                                                                                                                         A                                            B
                                                                                                                 Member’s share 
                                                                                                                from U.S. Schedule K-1,                                       Member’s share 
                                                                                                                less nonbusiness income                                    apportioned to Illinois
 20  Ordinary income or loss from trade or business activity                                             20  _________________________                                _________________________
 21  Net income or loss from rental real estate activities                                               21  _________________________                                _________________________
 22  Net income or loss from other rental activities                                                     22  _________________________                                _________________________
 23  Interest                                                                                            23  _________________________                                _________________________
 24  Dividends                                                                                           24  _________________________                                _________________________
 25  Royalties                                                                                           25  _________________________                                _________________________
 26  Net short-term capital gain or loss                                                                 26  _________________________                                _________________________ 
 27  Net long-term capital gain or loss. Total for year.                                                 27  _________________________                                _________________________
 28  Unrecaptured Section 1250 gain                                                                      28  _________________________                                _________________________
 29  Guaranteed payments to partner (U.S. Form 1065 only)                                                29  _________________________                                _________________________
 30  Net Section 1231 gain or loss (other than casualty or theft).
     Total for year.                                                                                     30  _________________________                                _________________________
 31  Other income and expense ____________________________                                               31  _________________________                                _________________________
                                   Specify
                                                                                                           This form is authorized as outlined by the Illinois Income Tax Act. Disclosure of this    
         Schedule K-1-P Front (R-12/22)                                                                    information is REQUIRED. Failure to provide this information could result in a penalty.     

                   Enter identification number from Line 7.
                   _______________________________                                                                  *33012222W*
Step 5:    Figure your partner’s or shareholder’s share of Illinois additions and subtractions
K-1-P Recipient: Before using the information provided in Step 5, you must read 
Schedule K-1-P(2) to correctly report the amounts listed in Columns A and B.                                                      A                                            B
                                                                                                                     Member’s share from                Member’s share apportioned or
       Additions                                                                                                    Form IL-1065 or IL-1120-ST            allocated to Illinois 
 32  Federally32                                                                                                                                          _________________________                                        tax-exempt interest income                                                 _________________________ 
   33  Illinois taxes33                                                                                                                                                                                                    and surcharge deducted. See instructions.                      _________________________       _________________________
 34  Illinois Special Depreciation addition                                                                  34     _________________________             _________________________
 35  Related-Party Expenses addition                                                                         35  _________________________                _________________________
 36  Distributive share of additions                                                                         36  _________________________                _________________________
 37  Other additions (from Illinois Schedule M for businesses)                                               37  _________________________                _________________________
     Subtractions
 38  a   Interest from U.S. Treasury obligations (business income)                                           38a _________________________                _________________________
     b          Interest from U.S. Treasury obligations (nonbusiness income)  38b _________________________                                               _________________________
 39   River Edge Redevelopment Zone Dividend subtraction                                                     39  _________________________                _________________________
 40    High Impact Business Dividend subtraction                                                             40  _________________________                _________________________
 41  Contribution subtraction (Form IL-1120-ST filers only)                                                  41  _________________________                _________________________
 42    River Edge Redevelopment Zone Interest subtraction
     (Form IL-1120-ST financial organizations only)                                                          42  _________________________                _________________________
 43      High Impact Business within a Foreign Trade Zone Interest 
     subtraction (Form IL-1120-ST financial organizations only)                                              43  _________________________                _________________________
 44  Illinois Special Depreciation subtraction                                                               44  _________________________                _________________________
 45  Related-Party Expenses subtraction                                                                      45  _________________________                _________________________
 46  Distributive share of subtractions                                                                      46  _________________________                _________________________
 47  Other subtractions (from Illinois Schedule M for businesses)                                            47  _________________________                _________________________
 
Step 6:  Figure your partner’s or shareholder’s (except a corporate partner or shareholder)                                                                                                         
            share of your Illinois August 1, 1969, appreciation amounts 
                                                                                                                                  A                                            B                    
                                                                                                                    Member’s share from Illinois        Member’s share apportioned or 
                                                                                                              Schedule F (Form IL-1065 or IL-1120-ST)     allocated to Illinois 
 48    Section 1245 and 1250 gain                                                                            48  _________________________              _________________________ 
 49    Section 1231 gain                                                                                     49  _________________________              _________________________ 
 50  Section 1231 gain less casualty and theft gain. See instructions.                                       50  _________________________              _________________________
 51  Capital gain                                                                                            51  _________________________              _________________________

Step 7:  Figure your partner’s or shareholder’s share of your Illinois credits, recapture,                                                                                                          
                                     pass-through withholding, pass-through entity tax credit, and federal income subject to  
                                     surcharge                                               Member’s share                                                                    Member’s                 share
                                                  Credit                                      from Illinois tax                                                                from                           Illinois tax 
52 Illinois Income Tax Credits                    Code                                                      return                                                                          return  
a Film Production Services                        5000      52a  _____________                                      53 Other credits
b Enterprise Zone Investment5080                            52b                              _____________       a     Pass-through      Entity                                                                                                                                                                                                    (PTE) Tax Credit 
c  Enterprise Zone Construction Jobs              5120      52c                              _____________             See instructions.                                 53a _____________
d  High Impact Business Construction Jobs 5160              52d                              _____________          b  Replacement       Tax                                                                                                                                                                                                       Investment Credits
e Affordable Housing Donations                    5260      52e                              ____________              See instructions.                                 53b _____________
f  EDGE                                           5300      52f                              _____________          54 Recapture                                            
g  New Construction EDGE                          5320      52g                              _____________          a  Enterprise Zone or River Edge 
                                                                                                                       Redevelopment Zone 
h  Research and Development                       5340      52h                              _____________             Investment Credit recapture                       54a _____________
i  Wages Paid to Ex-Felons                        5380      52i                              _____________          b  REV Illinois Investment Credit
j  Student-Assistance Contributions               5420      52j                              _____________             recapture                                         54b _____________
k Angel Investment                                5460      52k                              _____________          c  Replacement Tax Investment Credit
l New Markets Development                         5500      52l                              _____________             recapture                                         54c _____________
mRiver                                            5540      52m  _____________                                      d  Additional income taxEdge Historic Preservation credit 
n River Edge Construction Jobs                    5560      52n  _____________                                         recapture                                         54d _____________
o Live Theater Production                         5580      52o                              _____________          55 Pass-through withholding
                                                                                                                       See instructions.                                 55 _____________
p Hospital                                        5620      52p                              _____________          56 Federal income attributable to
q  Invest in Kids                                 5660      52q                              _____________             transactions subject to the 
r  Data Center Construction Employment  5820                52r  _____________                                         Compassionate Use of Medical 
s  Apprenticeship Education Expense               0160      52s  _____________                                         Cannabis Program Act surcharge.  
t Historic Preservation                           1030      52t  _____________                                         See instructions.                                 56 _____________
u  REV Illinois Investment                        5230      52u  _____________                                      57 Federal income attributable to the 
v  Agritourism Liability Insurance                5440      52v  _____________                                         sale or exchange of assets by a 
w Recovery and Mental Health                      0180      52w  _____________                                         gaming licensee surcharge.
                                                                                                                       See instructions.                                 57 _____________
x  Other income tax credits __________________              52x  _____________
                   Printed by the authority of the State of Illinois - web only - one copy.                                                     Schedule K-1-P Back (R-12/22)
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