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Easily submit your payment for the Small Business Corporation Replacement Tax using this voucher. Pay electronically to avoid delays and save costs.
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How to fill out il-1120-st-v
How to fill out il-1120-st-v
01
Obtain a copy of the IL-1120-ST-V form from the Illinois Department of Revenue website.
02
Fill out the business information section with details such as name, address, and federal employer identification number.
03
Report the gross receipts and deductions for the tax year on the appropriate lines.
04
Calculate the net income and apportionment factors for the business.
05
Complete the Schedule A-1 for the Add-Backs and Deductions section if necessary.
06
Sign and date the form before submitting it to the Illinois Department of Revenue.
Who needs il-1120-st-v?
01
Illinois businesses that are classified as S corporations for federal tax purposes and are required to file a state income tax return.
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What is il-1120-st-v?
IL-1120-ST-V is a payment voucher used by corporations in Illinois to submit payments along with their corporate income tax returns.
Who is required to file il-1120-st-v?
Corporations that are filing the IL-1120 or IL-1120-ST forms and owe tax must file the IL-1120-ST-V payment voucher.
How to fill out il-1120-st-v?
To fill out IL-1120-ST-V, provide your business name, address, taxpayer identification number, and the amount of tax being submitted, along with any other required information as specified on the form.
What is the purpose of il-1120-st-v?
The purpose of IL-1120-ST-V is to facilitate the payment of tax owed by corporations to the state of Illinois.
What information must be reported on il-1120-st-v?
Information that must be reported includes business name, address, taxpayer ID number, and the payment amount.
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