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*32512233V*
Step 7: Figure your net income A B
As most recently Corrected
reported or adjusted amount
47 Base income or net loss from Step 5, Line 35 or Step 6, Line 46. 47 00 47 00
48 Illinois net loss deduction. Attach Schedule NLD.
If Line 47 is zero or negative, enter zero. 48 00 48 00
Check this box and attach a detailed statement if you have merged losses.
49 Income after NLD. Subtract Line 48 from Line 47. 49 00 49 00
50 Enter the amount from Step 5, Line 35. 50 00 50 00
TENTATIVE 51 DivideFINAL Linesix47 bydecimalto Lineplaces. 50. Round
Cannot be greater than one. 51 51
52 Exemption allowance. See instructions before completing. 52 00 52 00
53 Net income. Subtract Line 52 from Line 49. 53 00 53 00
Step 8: Figure the taxes and withholding you owe
54 Replacement tax. Multiply Line 53 by 1.5% (.015). 54 00 54 00
55 Recapture of investment credits. Attach Schedule 4255. 55 00 55 00
56 Replacement tax before investment credits. Add Lines 54 and 55. 56 00 56 00
57 Investment credits. Attach Form IL-477. 57 00 57 00
58 Net replacement tax. Subtract Line 57 from Line 56. If negative, enter zero. 58 00 58 00
59 Withholding. See Instructions.
a Pass-through withholding you owe on behalf of your members.
Enter the amount from Schedule B, Section A, Line 5. Attach Schedule B. 59a 00 59a 00
b Investment partnership withholding. 59b 00 59b 00
Total withholding. Add Lines 59a and 59b. 59 00 59 00
60 Pass-through entity income. See instructions. 60 00 60 00
61 Pass-through entity tax. Multiply Line 60 by 4.95% (.0495). 61 00 61 00
62 Total taxes, withholding, and pass-through entity tax. Add Lines 58, 59, and 61. 62 00
Step 9: Figure your refund or balance due
63 Payments. See instructions.
a Credits from previous overpayments. 63a 00
b Total payments made before the date this amended return is filed. 63b 00
c Pass-through withholding reported to you. Attach Schedule(s) K-1-P or K-1-T. 63c 00
d Illinois income tax withholding. Attach Form(s) W-2G. 63d 00
64 Total payments. Add Lines 63a through 63d. 64 00
65 Previously paid penalty and interest. See instructions. 65 00
66 Total amount of overpayment (including any carryforward or refund) before the filing of this return
instructions. See for 66 00 amended. being year the
67 Add Lines 65 and 66. 67 00
68 Net tax paid. Subtract Line 67 from Line 64. 68 00
69 Overpayment. If Line 68 is greater than Line 62, subtract Line 62 from Line 68. 69 00
70 Amount of overpayment from Line 69 to be credited forward. See instructions. 70 00
Check this box and attach a detailed statement if this carryforward is going to a different FEIN.
71 Refund. Subtract Line 70 from Line 69. This is the amount to be refunded. 71 00
72 Tax due with this amended return. If Line 62 is greater than Line 68, subtract Line 68 from Line 62. 72 00
You will be sent a bill for any additional penalty and interest.
Enter the amount of your payment on the top of Page 1 in the space provided.
Step 10: Sign below - 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.
Sign Check if the Department
Here ( ) may discuss this return with the
Signature of partner Date (mm/dd/yyyy) Title Phone paid preparer shown in this step.
Check if
Paid Print/Type paid preparer’s name Paid preparer’s signature Date (mm/dd/yyyy) self-employed Paid Preparer’s PTIN
Preparer
Firm’s name Firm’s FEIN
Use Only
Firm’s address Firm’s phone ( )
Mail this return to: Illinois Department of Revenue, P.O. Box 19016, Springfield, IL 62794-9016
IL-1065-X (R12/23) Printed by the authority of the state of Illinois - electronic only - one copy. Page 3 of 5
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