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If you are carrying forward an Illinois NLD you must complete Illinois Schedule NLD Illinois Net Loss Deduction and claim the deduction on Step 7 Line 50. Attach Illinois Schedule NLD to your Form IL-1120-ST. Do not use Illinois Schedule UB/NLD even if you are a surcharge and pass-through withholding Step 4 Column C Line 18. What if I have an Illinois net loss deduction NLD If you have an Illinois NLD from any loss year ending on or after December 31 1986 it is subtracted from and limited to...

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Corporate taxpayers in Illinois who need to file their income tax return using form IL-1120-ST for the year 2016.

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What is il-1120-st instructions2016?

IL-1120-ST Instructions 2016 is a set of guidelines and directions for filling out Illinois Department of Revenue Form IL-1120-ST, which is used for Illinois Small Business Corporation Replacement Tax Return.

Who is required to file il-1120-st instructions2016?

Illinois small business corporations are required to file IL-1120-ST instructions2016.

How to fill out il-1120-st instructions2016?

IL-1120-ST instructions2016 should be filled out according to the guidelines provided by the Illinois Department of Revenue. The form requires information about the corporation's income, deductions, and tax credits.

What is the purpose of il-1120-st instructions2016?

The purpose of IL-1120-ST Instructions 2016 is to help small business corporations accurately complete and file their Illinois Small Business Corporation Replacement Tax Return.

What information must be reported on il-1120-st instructions2016?

IL-1120-ST instructions2016 requires information about the corporation's income, deductions, tax credits, and any other relevant financial information.

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