Fillable Printable Il-1041 - Illinois Department Of Revenue
Fillable Printable Il-1041 - Illinois Department Of Revenue
Il-1041 - Illinois Department Of Revenue
Page 1 of 4
IL-1041 (R-12/13)
Illinois Department of Revenue
2013 Form IL-1041
Fiduciary Income and Replacement Tax Return
Due on or before the 15th day of the 4th month following the close of the tax year.
If this return is not for calendar year 2013, write your fiscal tax year here.
Tax year beginning 20 , ending 20
month day year month day year
Step 1: Identify your fiduciary
A Check the box that identifies your fiduciary. Trust Estate
B Write your complete legal business name.
If you have a name change, check this box.
Name:
C Write your mailing address.
If you have an address change or this is a first return, check this box.
C/O:
Mailing address:
City: State: ZIP:
D Check the box if one of the following apply.
First return
Final return (If final, write the date. )
mm dd yyyy
E Check your method of accounting.
Cash Accrual Other
F Check this box if you completed federal Form 8886, and
attach a copy to this return.
Step 2: Figure your income or loss
A B
Beneficiaries Fiduciary
1 Federal taxable income from U.S. Form 1041, Line 22. 1
00
2 Federal net operating loss deduction from
U.S. Form 1041, Line 15b. This amount cannot be negative. 2
00
3 Taxable income of ESBT, if required. See instructions. 3
00
4 Exemption claimed on U.S. Form 1041, Line 20. 4
00
5 Illinois income and replacement tax deducted in arriving at Line 1. 5a
00
5b
00
6 State, municipal, and other interest income excluded from Line 1. 6a
00
6b
00
7 Illinois Special Depreciation addition. Attach Form IL-4562. 7a
00
7b
00
8 Related-party expenses addition. Attach Schedule 80/20. 8a
00
8b
00
9 Distributive share of additions. Attach Schedule(s) K-1-P or K-1-T. 9a
00
9b
00
10 Other additions. Attach Illinois Schedule M (for businesses). 10a
00
10b
00
11 Add Column B, Lines 1 through 10b. This amount is your income or loss. 11
00
Report Column A, Lines 5a through 10a, on Schedule K-1-T, Step 5.
NS DR
G Write your federal employer identification no. (FEIN).
H Check the box if you are an:
Electing small business trust (ESBT)
Individual bankruptcy estate
I Check this box if your residency is not in
Illinois and you attached Illinois Schedule NR.
J Check this box if you attached Illinois
Schedule 1299-D.
K Check this box if you attached Illinois
Schedule I.
L Check this box if you attached Form IL-4562.
M Check this box if you attached Illinois
Schedule M (for businesses).
N Check this box if you attached Schedule 80/20.
O If you are making a Discharge of Indebtedness
adjustment on Schedule NLD or Form IL-1041, Line 28,
check this box and attach federal Form 982.
Write the amount you are paying.
$
Attach your payment and Form IL-1041-V here .
*363601110*
Use your mouse or Tab key to move through the fields. Use your mouse or space bar to enable check boxes.
Page 2 of 4
IL-1041 (R-12/13)
12 12Write the amount of your income or loss from Line 11.
00
Step 3: Figure your base income or loss
A B
Beneficiaries Fiduciary
13 13a
00
13bAugust 1, 1969, valuation limitation amount. Attach Schedule F.
00
14 14a
00
14bPayments from certain retirement plans. See instructions.
00
15 Interest income from U.S. Treasury and other exempt federal obligations. 15a
00
15b
00
16 16a
00
16bRetirement payments to retired partners.
00
17 River Edge Redevelopment Zone Dividend subtraction.
17a
00
17bAttach Schedule 1299-B.
00
18 High Impact Business Dividend subtraction. Attach Schedule 1299-B. 18a
00
18b
00
19 Contributions to certain job training projects. See instructions. 19a
00
19b
00
20 Illinois Special Depreciation subtraction. Attach Form IL-4562. 20a
00
20b
00
21 Related-party expenses subtraction. Attach Schedule 80/20. 21a
00
21b
00
22 Distributive share of subtractions. Attach Schedule(s) K-1-P or K-1-T. 22a
00
22b
00
23 ESBT loss amount. See instructions. 23a
00
23b
00
24 Other subtractions. Attach Illinois Schedule M (for businesses). 24a
00
24b
00
25 25Total subtractions. Add Column B, Lines 13b through 24b.
00
Report Column A, Lines 13a through 24a, on Schedule K-1-T, Step 5.
26 26Base income or loss. Subtract Line 25 from Line 12.
00
If you are a nonresident of Illinois, complete Schedule NR; otherwise go to Step 4.
Step 4: Figure your net income
27 27Base income or net loss from Line 26, or, if a nonresident, from Schedule NR, Line 51.
00
28 28Discharge of Indebtedness adjustment. Attach federal Form 982. See instructions.
00
29 29Adjusted base income or net loss. Add Lines 27 and 28.
00
30 Illinois net loss deduction. Attach Schedule NLD.
30If Line 29 is zero or a negative amount, write “0.”
00
31 Standard exemption.
Residents only: Write $1,000.
31Nonresidents only: Write the amount from Schedule NR, Line 54.
00
32 32Add Lines 30 and 31.
00
33 Net Income. Subtract Line 32 from Line 29.
33If the amount is negative, write “0.”
00
Step 5: Figure your net replacement tax — For trusts only, estates go to Step 6
34 34Replacement tax. Multiply Line 33 by 1.5% (.015).
00
35 35Recapture of investment credits. Attach Schedule 4255.
00
36 36Replacement tax before investment credits. Add Lines 34 and 35.
00
37 37Investment credits. Attach Form IL-477.
00
38 38Net replacement tax. Subtract Line 37 from Line 36. If the amount is negative, write “0.”
00
*363602110*
Page 3 of 4
IL-1041 (R-12/13)
This form is authorized as outlined by the Illinois Income Tax Act. Disclosure of this
information is REQUIRED. Failure to provide information could result in a penalty.
39 Write the amount of your net income from Line 33. 39
00
Step 6: Figure your net income tax — For trusts and estates
40 Income tax. Multiply Line 39 by 5% (.05). 40
00
41 Recapture of investment credits. Attach Schedule 4255. 41
00
42 Income tax before credits. Add Lines 40 and 41. 42
00
43 Credit for income tax paid to another state while an Illinois resident.
Attach Schedule CR. 43
00
44
Income tax credits. Attach Schedule 1299-D. 44
00
45 Total credits. Add Lines 43 and 44. 45
00
46 Net income tax. Subtract Line 45 from Line 42. If the amount is negative, write “0.” 46
00
Step 7: Figure your refund or balance due
47 Trusts only: net replacement tax from Line 38. 47
00
48 Net income tax from Line 46. 48
00
49 Compassionate Use of Medical Cannabis Pilot Program Act Surcharge. Fiscal filers only. See instr. 49
00
50 Total net income and replacement taxes and surcharge. Add Lines 47, 48, and 49. 50
00
51 Payments.
a Illinois Income Tax withheld. Attach forms W-2 and W-2G. 51a
00
b Credit from 2012 overpayment. 51b
00
c Form IL-505-B (extension) payment. 51c
00
d Pass-through entity payments. Attach Schedule(s) K-1-P or K-1-T. 51d
00
52 Total payments. Add Lines 51a through 51d. 52
00
53 Overpayment. If Line 52 is greater than Line 50, subtract Line 50 from Line 52. 53
00
54 Amount to be credited to 2014. 54
00
55 Refund. Subtract Line 54 from Line 53. This is the amount to be refunded. 55
00
56
Complete to direct deposit your refund
Routing Number
Checking or
Savings
Account Number
57 Tax Due. If Line 50 is greater than Line 52, subtract Line 52 from Line 50.
This is the amount you owe. 57
00
If you owe tax on Line 57, complete a payment voucher, Form IL-1041-V, make your check payable to
“Illinois Department of Revenue” and attach them to the first page of this form.
Write the amount of your payment on the top of Page 1 in the space provided.
Step 8: Sign here
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.
If a payment is not enclosed,
mail this return to: Illinois Department of Revenue, P.O. Box 19009, Springfield, IL 62794-9009
If a payment is enclosed,
mail this return to: Illinois Department of Revenue, P.O. Box 19053, Springfield, IL 62794-9053
Check this box if we may
discuss this return with the
preparer shown in this step.
Signature of fiduciary
Signature of preparer
Preparer’s firm name (or yours, if self-employed) Address Phone
Date
Date
Title
Preparer’s Social Security number or firm’s FEIN
Phone
( )
( )
*363603110*
Page 4 of 4
IL-1041 (R-12/13)
Illinois Department of Revenue Year ending
Schedule D Beneficiary Information
Month Year
Attach to your Form IL-1041.
Write your name as shown on your Form IL-1041. Write your federal employer identification number (FEIN).
Step 1: Provide the following information
1 Write the amount from your Form IL-1041, Line 27. 1
2 Write the apportionment factor from your Form IL-1041, Schedule NR, Step 6, Line 3. 2
Step 2: Identify your beneficiaries. Attach additional sheets if necessary.
A B C D E F G
Beneficiary’s Check the box if Pass-through Excluded from
amount of base the beneficiary entity payment pass-through
Beneficiary type income or loss is an Illinois amount entity payments
Name and Address SSN or FEIN (See instructions.) (See instr.) nonresident (See instr.) (See instr.)
1
2
3
4
5
6
7 Add the amounts shown in Column D for nonresident
beneficiaries for which you have entered a check mark
in Column E. Write the total here. (See instructions.) 7
IL Attachment no. 1
Schedule D (R-12/13)
*363701110*
Reset
Print
