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Illinois Department of Revenue Amended Composite Income and Replacement Tax Return For tax years ending on or after December 31, 2012 2012 IL1023CX Indicate what tax year you are amending: Tax year
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Amended composite income is the revised total income derived from all sources for a group of individuals or entities, typically including income from pass-through entities.
Individuals or entities that are part of a composite tax return group are required to file amended composite income.
Amended composite income is typically filled out by reporting all sources of income for each individual or entity in the group on the form provided by the tax authority.
The purpose of amended composite income is to ensure accurate reporting and allocation of income for tax purposes among a group of individuals or entities.
Information that must be reported on amended composite income includes all sources of income, deductions, and credits for each individual or entity in the group.
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