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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. 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) 

 

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. 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)

 

Form 1299-B


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Article Details
Views: 1564 Created on: Jun 15, 2013
Date updated: Jan 11, 2019
Posted in: States, Illinois

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