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Category: Illinois

Use the following worksheet to calculate the Illinois portion of Other Gains/Losses from business.

Illinois Apportioned Income Worksheet:

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Total Sales Inside Illinois

 

Total Sales Everywhere

 

Illinois Income Apportionment Formula (IAF)

     

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X

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IAF decimal (figured above)

 

Amount of sale of business property gain or loss from Federal return, Form 1040,   Line 14

 

Illinois Apportioned Income Enter this amount on your NonResident Return.  Part Year Residents continue below

 

 

 

 

Part Year Residents:

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Illinois gain/loss from sale of other business property received during your period of residency

 

Illinois Apportioned Income (from above)

 

Illinois portion of gains/losses from sale of other business property.  Enter this amount on your Part Year Resident Return