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                                                                                                                            Illinois Department of Revenue
                                                                                                                                                                                                                                                 *32512231W*
                                                                                                                            2023 IL-1065-X  
                                                                                                                            Amended Partnership Replacement Tax Return
                                                                                                                            For tax years ending on or after December 31, 2023
                                            Indicate what tax year you are amending:  Tax year beginning                                 , ending                                                                                                                                                                                    Enter the amount you 
                                                                                                                                                                                                                                           month day          year                           month     day          year                   are paying.
                                                                                                                        If you are filing an amended return for tax years ending before December 31, 2023, 
                                                                                                                        you may not use this form. For prior years, see instructions to determine the correct form to use.                                                                                                           $
                                          Step 1:  Identify your partnership                                                                                                                                                                           H           Enter your federal employer identification number (FEIN).
                                          A                                              Enter your complete legal business name.                                                                                                                      
                                                                                     If                                                                                                                                                                          I  Checkhavethisyou                                                                                                                                                                                                                                     aaare    membernameyou box if     athisof                                unitarychange, check                box.                
                                                                                         Name:                                                                                                                                                           business group and are included on a Schedule UB, 
                                                                                                                                                                                                                                                         Combined Apportionment for Unitary Business Group. 
                                          B                                              Enter your mailing address.                                                                                                                                     Enter the FEIN of the member who prepared the 
                                                                                      C/O:                                                                                                                                                               Schedule UB and attach it to this return.
                                                                                                                                                                                                                                                       
                                                                                         Mailing address:                                                                                                                                                        
                                                                                                                                                                                                                                                       J           Enter your North American Industry Classification    
                                                                                         City:                                                                State:              ZIP:                                                                   System (NAICS) Code. See instructions.  
increasedan report net                    C                                              Checkonly to                                                                                                                                                                                                                                                                                      thisfilingare                                                                                                                          thisyou box if                                                                       form 
                                                                                     loss on Line 47, Column B.                                                                                                                                        K           If you have completed the following, check the box 
                                          D                                              Check this box if you are:                                                                                                                                     and attach the federal form(s) to this return, if you   
                                                                                                                        classified as an investment partnership.                                                                                        have not previously done so.
                                                                                                                                                                                                                                                                    Federal Form 8886                                              Federal Schedule M-3,
                                                                                                                        classified as a publicly-traded partnership.                                                                                                                                                              Part II, Line 10
                                          E   Check the applicable box for the type of change being made.                                                                                                                                              L  Check this box if you attached Form IL-4562. 
                                                                                                                        NLD   State change            Federal change                                                                                  M  Check this box if you attached Schedule M. 
                                                                                     If a federal change, check one:                                                                                                                                   N  Check this box if you attached Schedule 80/20. 
                                                                                                                        Partial agreed      Finalized                                                                                                           O  Check this box if you attached Schedule 1299-A. 
                                                                                         Enter the finalization date                                                                                                                                   P  Check this box if your business activity is
                                                                                                                                                                                                                                                         protected under Public Law 86-272. 
                                                                                         Attach your federal finalization to this return.
                                                                                                                                                                                                                                                      Q            Throwback adjustment - see instructions. 
                                          F   Check this box if you are filing Form IL-1065-X before the extended due
                                                                                     date and making the election to treat all nonbusiness income as                                                                                                            R  Double throwback adjustment - see instructions.   
                                                                                     business                                                                                                                                                          S           Check                                                                                                                income.     thisattachedyou                                                                                                                   box if               Subgroupthe                                                      Schedule. 
                                                                                                                                                                                                                                                                 T  Check this box if you are a 52/53 week filer. 
                                          G  Check this box if you elected to file and pay                                                                                                                                                                                                                                                     
                                                                                                                                                                                                                                                       U  If you are paying Pass-through Entity (PTE) Tax and  
annualized your                                                                      Pass-through              you                                                                                                                                                                                                                                                       incomeFormEntityon                                                        IL-2220,                                                              Tax.instructions.                                                    See 
                                                                                                                                                                                                                                                         check this box and attach Form IL-2220.                                                                        
                                                                                                                        Explain the changes on this return (Attach a separate sheet if necessary.):

                                          Step 2:    Figure your ordinary income or loss                                                                                                                                                                                                      A                                             B
                                                                                                                                                                                                                                                                                             As most recently                             Corrected
                                                                                                                                                                                                                                                                                             reported or adjusted                         amount 
                                                                                                                                                                                                                                                                                             (Whole dollars only)                     (Whole dollars only)
                                                                                                                      1   Ordinary income or loss or equivalent from U.S. Schedule K.                                                                              1                                              00      1                               00
                                                                                                                      2   Net income or loss from all rental real estate activities.                                                                               2                                              00      2                               00 
                                                                                                                      3  Net income or loss from other rental activities.                                                                                          3                                              00      3                               00
                                                                                                                      4  Portfolio income or loss.                                                                                                                 4                                              00      4                               00
                                                                                                                      5  Net IRC Section 1231 gain or loss.                                                                                                        5                                              00      5                               00
                                                                                                                      6  All other items of income or loss that were not included in the computation of income                                                                                                                                         
                                                            Attach your payment and            Form IL-1065-X-V here.   or loss on Page 1 of U.S. Form 1065. Identify:                                                                                             6                                              00      6                               00
                                                                                                                      7  Add Lines 1 through 6. This is your ordinary income or loss.                                                                              7                                              00      7                               00
                                                                                                                                                                                                                                                                                                                                                                         
                                          Step 3:  Figure your unmodified base income or loss 
                                                                                                                      8   Charitable contributions.                                                                                                                8                                              00      8                               00
                                                                                                                      9   Expense deduction under IRC Section 179.                                                                                                 9                                              00        9                             00
indebtedness                                                                             10                               Interest.                                                                                                                                10                                             00   10                                 00              investment    on 
                                                                                         11  All other items of expense that were not deducted in the computation of ordinary
                                                                                                                          income or loss on Page 1 of U.S. Form 1065. Identify:                                                                                     11                                            00    11                                00
                                                                                         12  Add Lines 8 through 11.                                                                                                                                               12                                             00    12                                00
                                                                                         13                               Subtract Line 12 from Line 7. This is your total 
                                                                                                                          unmodified base income or loss.                                                                                                          13                                             00    13                                00

                                                                                                                       IL-1065-X (R12/23)                   This form is authorized as outlined by the Illinois Income Tax Act. Disclosure of this                                                                                     Page 1 of 5
                                                                                                                                                            information is REQUIRED. Failure to provide information could result in a penalty. 



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                                                                                             *32512232W*
               Step 4:    Figure your income or loss                                                             A                                   B
                                                                                                                 As most recently                    Corrected
                                                                                                                 reported or adjusted                amount
                 14  Enter the amounts from Line 13.                                                   14                         00      14                     00
                 15  State, municipal, and other interest income excluded from Line 14.                15                         00      15                     00
                16   Illinois replacement tax deducted in arriving at Line 14.                         16                         00      16                     00
                17   Illinois Special Depreciation addition. Attach Form IL-4562.                      17                         00      17                     00
                18   Related-Party Expenses addition. Attach Schedule 80/20.                           18                         00       18                    00
                19   Distributive share of additions. Attach Schedule(s) K-1-P or K-1-T.               19                         00      19                     00
                20   Guaranteed payments to partners from U.S. Form 1065.                              20                         00      20                     00
                21   The amount of loss distributable to a partner subject to                                                                                    
                     replacement tax. Attach Schedule B.                                               21                         00      21                     00
                22   Other additions. Attach Schedule M (for businesses).                              22                         00      22                     00
                23   Add Lines 14 through 22. This is your income or loss.                             23                         00      23                     00
               Step 5:    Figure your base income or loss 
                24  Interest income from U.S. Treasury and exempt federal obligations.                 24                         00       24                    00
                25   August 1, 1969, valuation limitation amount. Attach Schedule F.                   25                         00       25                    00
                26   Personal service income or reasonable allowance for 
                     compensation of partners.                                                         26                         00       26                    00
                27   Share of income distributable to a partner subject to                                                                                       
                     replacement tax. Attach Schedule B.                                               27                         00       27                    00
                28  River Edge Redevelopment Zone Dividend subtraction. Attach Schedule 1299-A. 28                                00       28                    00
                29   High Impact Business Dividend subtraction. Attach Schedule 1299-A.                29                         00      29                     00
                30   Illinois Special Depreciation subtraction. Attach Form IL-4562.                   30                         00      30                     00
                31   Related-Party Expenses subtraction. Attach Schedule 80/20.                        31                         00      31                     00
                32   Distributive share of subtractions. Attach Schedule(s) K-1-P or K-1-T.            32                         00      32                     00
                33   Other subtractions. Attach Schedule M (for businesses).                           33                         00      33                     00
24 throughsubtractions.  34  Total                                                                     34                         00      34                     00          Lines     33.      Add 
                35   Base income or loss. Subtract Line 34 from Line 23.                               35                         00      35                     00
                              
                              A    If the amount on Line 35 is derived inside Illinois only, check this box and enter 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.)
                               If you are a unitary filer, do not check this box. Check the box on Line B and complete Step 6.
                              B  If any portion of the amount on Line 35 is derived outside Illinois, or you are a unitary filer, check this box and              
                              complete all lines of Step 6. (Do not leave Lines 40 through 42 blank.) See instructions. 
                Step 6:   Figure your income allocable to Illinois (Complete only if you checked the box on Line B, above.) 
                 36  Nonbusiness income or loss. Attach Schedule NB.                                   36                         00       36                    00
                 37  Business income or loss included in Line 35 from non-unitary partnerships,
                     partnerships included on a Schedule UB, S corporations, trusts,
                     or estates. See instructions.                                                     37                         00       37                    00
                38  Add Lines 36 and 37.                                                               38                         00       38                    00
                39  Business income or loss. Subtract Line 38 from Line 35.                            39                         00       39                    00
                40  Total sales everywhere. This amount cannot be negative.                            40                         00       40                    00
                41  Total sales inside Illinois. This amount cannot be negative.                       41                         00       41                    00
                42  Apportionment factor. Divide Line 41 by Line 40. Round to six decimal places.      42                                  42 
                43  Business income or loss apportionable to Illinois. Multiply Line 39 by Line 42.    43                         00       43                    00
                44  Nonbusiness income or loss allocable to Illinois. Attach Schedule NB.              44                         00       44                    00
                 45  Business income or loss apportionable to Illinois from non-unitary
                     partnerships, partnerships included on a Schedule UB,  
                     S corporations, trusts, or estates. See instructions.                             45                         00       45                    00
                46   Base income or loss allocable to Illinois. Add Lines 43 through 45.               46                         00       46                    00

                         IL-1065-X (R12/23)                                                                                                          Page 2 of 5



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                                                                                                                     *32512233W*
                           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
                                     51  Divide Line 47 by Line 50. Round to six decimal places. 
                                         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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                      Illinois Department of Revenue                                                                                      Year ending
                                                                      *30812231W*
                      2023 Schedule B 
                  Partners’ or Shareholders’ Information                                                                                                          Month      Year
your                                                                  Attach                                                                                      IL Attachment No. 1                                                                                                              FormFormIL-1120-ST.      IL-1065 or    to 

   Enter your name as shown on your Form IL-1065 or Form IL-1120-ST.                                    Enter your federal employer identification number (FEIN).
   Read this information first
          You must read the Schedule B instructions and complete Schedule(s) K-1-P and Schedule(s) K-1-P(3) before completing this 
            schedule. 
          You must complete Section B of Schedule B and provide all the required information for your partners or shareholders before 
            completing Section A of Schedule B. 
           Failure to follow these instructions may delay the processing of your return or result in you receiving further correspondence from 
            the Illinois Department of Revenue. You may also be required to submit further information to support your filing.
   Section A:  Total members’ information (from Schedule(s) K-1-P and Schedule B, Section B)
                     Before completing this section you must first complete Schedule(s) K-1-P, Schedule(s) K-1-P(3) and Schedule B, Section B. You               
                    will use the amounts from those schedules when completing this section.

   Totals for resident and nonresident partners or shareholders (from Schedule(s) K-1-P and Schedule B, Section B)
   1  Enter the total of all nonbusiness income or loss you reported on Schedule(s) K-1-P for your members. 
      See instructions.                                                                                                                                      1   

   2  Enter the total of all income and replacement tax credits you reported on Schedule(s) K-1-P for your 
      members. See instructions.                                                                                                                             2    

   3  Add the amounts shown on Schedule B, Section B, Line E for all partners or shareholders on all 
      pages for which you have checked the box indicating the entity is subject to Illinois replacement tax 
      or an ESOP. Enter the total here. See instructions.                                                                                                    3    

   Totals for nonresident partners or shareholders only (from Schedule B, Section B)
   4  Enter the total pass-through withholding you reported on all pages of your Schedule B, Section B, Line J for your 
       
     a.     nonresident individual members. See instructions.                                                                                                4a 
    
     b.     nonresident estate members. See instructions.                                                                                                    4b 
    
     c.     partnership and S corporation members. See instructions.                                                                                         4c 
    
     d.     nonresident trust members. See instructions.                                                                                                     4d 
    
     e.     C corporation members. See instructions.                                                                                                         4e  

   5  Add Line 4a through Line 4e. This is the total pass-through withholding you owe on behalf of all your 
      nonresident partners or shareholders. This amount should match the total amount from Schedule B, 
      Section B, Line J for all nonresident partners or shareholders on all pages. Enter the total here and 
      on Form IL-1065 (Form IL-1065-X), Line 59a, or Form IL-1120-ST (Form IL-1120-ST-X), Line 59. 
      See instructions.                                                                                                                                      5  

   6  Enter the total pass-through entity tax credit paid on all pages of Schedule B, Section B, Line K.                                                     6 

   7  Enter the total pass-through entity tax credit received and distributed on all pages of Schedule B, 
      Section B, Line L.                                                                                                                                     7 
                                                                                                                                                                                                                                                                                                   
                      Attach all pages of Schedule B, Section B behind this page.

                                                                     This form is authorized as outlined by the Illinois Income Tax Act. Disclosure of this 
        Schedule B (R-12/23)                                         information is REQUIRED. Failure to provide information could result in a penalty.           Page 4 of 5



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                   Illinois Department of Revenue                       *30812232W*

                2023 Schedule B
             
Enter your name as shown on your Form IL-1065 or Form IL-1120-ST.                Enter your federal employer identification number (FEIN).
 
Section B:  Members’ information (See instructions before completing.)

                               Member 1                                   Member 2                               Member 3 

 A  Name                                                                                                                            

    C/O                                                                                                                              

    Address 1                                                                                                                        

    Address 2                                                                                                                        

    City                                                                                                                             

    State, ZIP                                                                                                                       

 B  Partner or 
      Shareholder                                                                                                                  

 C  SSN/FEIN                                                                                                                         

 D  Subject to Illinois  
    replacement tax  
    or an ESOP                                                                                                    

 E  Member’s distributable  
    amount of base  
    income or loss                                                                                                                   

 F   Excluded from  
    pass-through  
    withholding                                                                                                                    

 G  Share of Illinois  
    income subject to  
    pass-through  
    withholding                                                                                                  

 H  Pass-through  
    withholding 
    before credits                                                                                               

 I  Distributable  
    share of credits                                                                                                                 

 J  Pass-through  
    withholding  
    amount                                                                                                                           

 K  PTE tax credit  
    paid to 
    members                                                                                                                          

 L  PTE tax credit  
    received and  
    distributed to  
    members                                                                                                                          
    
                                 If you have more members than space provided, attach additional copies of this page as necessary.
                               Printed by the authority of the state of Illinois - electronic only - one copy.
         Schedule B (R-12/23)                                                                                    Page 5 of 5
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