WebFor Illinois Income Tax purposes, you must give a completed Schedule K-1-P and a copy of the Schedule K-1-P(2), Partner’s and Shareholder’s Instructions, to each partner or shareholder. This must be done by the due date, including any extended due date, of your Form IL-1065 or Form IL-1120-ST. Schedule K-1-P(3) and Schedule K-1-P(3)-FY — WebIL-1120-ST (R-12/15) Page 3 of 5 Step 7: Figure your net income 47 Base income or net loss from Step 5, Line 35, or Step 6, Line 46. 47 00 48 Discharge of Indebtedness adjustment.Attach federal Form 982. See instructions. 48 00 49 Adjusted base income or net loss. Add Lines 47 and 48. 49 00 50 Illinois net loss deduction.Attach Schedule …
Il 1120st Form - Fill Out and Sign Printable PDF Template signNow
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Illinois Department of Revenue Specific Banking Requirements
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