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Illinois Enterprise Zone or River Edge Redevelopment Zone Dividend Subtraction

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Illinois Enterprise Zone or River Edge Redevelopment Zone Dividend Subtraction

Answer

River Edge Redevelopment Zone Dividend Subtraction

You may claim a subtraction for dividends you received from a corporation that conducts substantially all of its business operations in an Illinois river edge redevelopment zone. NOTE: You may deduct only the portion of these dividends that is included in your Illinois base income. Do not include any dividends from high impact businesses operating in a foreign trade zone (or sub-zone). Do not include any amount subtracted on Illinois Schedule J, Foreign Dividend

Form 1299-B


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Article Details
Views: 1668 Created on: Jun 15, 2013
Date updated: Jan 20, 2020
Posted in: States, Illinois

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