Enlarge image | ILLINOIS DEPARTMENT OF REVENUE DRAFT FORM Note: The draft you are looking for begins on the next page. Caution: DRAFT—NOT FOR FILING This is an early release draft of an Illinois Department of Revenue (IDOR) tax form or instructions, which IDOR is providing for substitute forms providers. Do not file draft forms and do not rely on draft forms and instructions for filing. We incorporate all significant changes to forms posted with this coversheet. However, unexpected issues occasionally arise, or legislation is passed—in this case, we will post a new draft of the form to alert users that changes were made to the previously posted draft. All forms and instructions have a page on our website at Tax Forms (illinois.gov) where you may see the final versions once they are released. Year-end income tax forms are usually released towards the end of January. If you wish, you can submit comments and questions to IDOR about draft or final forms and instructions at REV.VendorForms@illinois.gov. We will forward this information to the Office of Publications Management, where forms and publications are administered. IDR-1-DIS (N-08/23) Printed by authority of State of Illinois, web only – one copy. |
Enlarge image | *61812191V* Illinois Department of Revenue Gains from Sales of Employer’s Securities IL-4644 Received from a Qualified Employee Benefit Plan Attach this form and a copy of your federal Schedule D to your Form IL-1040 or Form IL-1041. IL Attachment No. 20 Step 1: Provide the following information 1 This form is for calendar year or other taxable year beginning / and ending / . Year Month Year Month Year 2 Enter your name as shown on your Form IL-1040 or Form IL-1041. 3 Enter your Social Security number (SSN) or federal employer identification number (FEIN). 4 CheckTENTATIVEone Individual Estate or trust FINAL Step 2: Provide general security information Column A Column B Column C Column D Description of security Date distributed Date sold Federal gain (List each sale separately) (month, year) (month, year) on disposition 5 00 6 00 7 00 8 00 Step 3: Calculate net unrealized appreciation Column E Column F Column G Column H Market value of stock Federal tax basis of stock Column E minus Column F Lesser of Columns G or D on date of distribution. on date of distribution. (If Column F is greater than See instructions. See instructions. Column E, enter zero.) 9 00 00 00 00 10 00 00 00 00 11 00 00 00 00 12 00 00 00 00 13 Enter the total here and on Form IL-1040, Line 5 or Form IL-1041, Line 14. 13 00 If you must file a Schedule F (because Line 18 below is a gain), also enter this amount on Form IL-1040, Schedule F, Line 13, or Form IL-1041, Schedule F, Line 14. Step 4: Identify securities received in a distribution prior to August 1, 1969 Column I Column J Column K Column L Column M August 1, 1969, value Federal tax basis Column I minus Column J The greater of Columns H or K Subtract Column H or applicable fraction. August 1, 1969. or fraction in Column I times but not greater than Column D from Column L See instructions. See instructions. Column D. See instructions. 14 00 00 00 00 15 00 00 00 00 16 00 00 00 00 17 00 00 00 00 18 Total 18 00 If this amount is a gain, you must complete Schedule F. Enter this amount on Form IL-1040, Schedule F, Line 3 or Form IL-1041, Schedule F, Line 3. This form is authorized as outlined under the Illinois Income Tax Act. Disclosure of Printed by the authority of the state IL-4644 (R-12/19) this information is required. Failure to provide information could result in a penalty. of Illinois - electronic only - one copy. |