Illinois Credit for Tax Paid to Other States
Extracted from PDF file 2016-illinois-schedule-cr-1040.pdf, last modified November 2016
Credit for Tax Paid to Other StatesUse your mouse or Tab key to move through the fields. Use your mouse or space bar to enable check boxes. Illinois Department of Revenue Attach to your Form IL-1040 2016 Credit for Tax Paid to Other States Schedule CR IL Attachment No. 17 Read this information first You should not file this schedule if you were a nonresident of Illinois during the entire tax year; or you did not pay income tax to Illinois and another state. For purposes of this schedule, “state” means any state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, any territory or possession of the United States, or political subdivision of any of these (e.g., county, city, local). The term “state” does not refer to any foreign country. You should file Schedule CR if you were either a resident or a part-year resident of Illinois during the tax year; and you paid income tax to another state on income you earned while you were an Illinois resident; and the income subject to the other state’s tax is included in your Illinois base income; and you did not deduct the income tax paid to the other state when you figured your federal adjusted gross income as shown on your Illinois tax return. If you earned income in Iowa, Kentucky, Michigan, or Wisconsin, you may be covered by a reciprocal agreement. This agreement applies only to income from wages, salaries, tips, and other employee compensation. See the Schedule CR Instructions. Step 1: Provide the following information Your name as shown on your Form IL‑1040 – Your Social Security number – Step 2: Figure the Illinois and non-Illinois portions of your federal adjusted gross income Illinois residents: In Column A of each line, except Line 15, enter the amounts exactly as reported on the corresponding line of your federal income tax return. Column A Column B Part-year residents: In Column A of each line, enter the amounts as reported Total Non-Illinois Portion on the equivalent line of your Schedule NR, Column B. (Whole dollars only) Read the instructions before completing this step. Income 1 Wages, salaries, tips, etc. (federal Form 1040 or 1040A, Line 7; 1040EZ, Line 1) 1 2 Taxable interest (federal Form 1040 or 1040A, Line 8a; 1040EZ, Line 2) 2 3 Ordinary dividends (federal Form 1040 or 1040A, Line 9a) 3 4 Taxable refunds, credits, or offsets of state and local income taxes (federal Form 1040, Line 10) 4 5 Alimony received (federal Form 1040, Line 11) 5 6 Business income or loss (federal Form 1040, Line 12) 6 7 Capital gain or loss (federal Form 1040, Line 13 or 1040A, Line 10) 7 8 Other gains or losses (federal Form 1040, Line 14) 8 9 Taxable IRA distributions (federal Form 1040, Line 15b; or 1040A, Line 11b) 9 10 Taxable pensions and annuities (federal Form 1040, Line 16b; or 1040A, Line 12b) 10 11 Rental real estate, royalties, partnerships, S corporations, trusts, etc. (federal Form 1040, Line 17) 11 12 Farm income or loss (federal Form 1040, Line 18) 12 13 Unemployment compensation and Alaska Permanent Fund dividends (federal Form 1040, Line 19; 1040A, Line 13; 1040EZ, Line 3) 13 14 Taxable Social Security benefits (federal Form 1040, Line 20b; or 1040A, Line 14b) 14 15 Other income. See instructions. (federal Form 1040, Line 21) 15 16 Add Columns A and B, Lines 1 through 15. 16 (Whole dollars only) .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 Continue with Step 2 on Page 2 *166130001* IL-1040 Schedule CR (R-12/16) This form is authorized as outlined under the Illinois Income Tax Act. Disclosure of this information is required. Failure to provide information could result in a penalty. Page 1 of 3 Column A Total (Whole dollars only) Column B Non-Illinois Portion 17 .00 .00 18 .00 .00 government officials (federal Form 1040, Line 24) 19 20 Health savings account deduction (federal Form 1040, Line 25) 20 21 Moving expenses (federal Form 1040, Line 26) 21 22 Deductible part of self-employment tax (federal Form 1040, Line 27) 22 23 Self-employed SEP, SIMPLE, and qualified plans (federal Form 1040, Line 28) 23 24 Self-employed health insurance deduction (federal Form 1040, Line 29) 24 25 Penalty on early withdrawal of savings (federal Form 1040, Line 30) 25 26 Alimony paid (federal Form 1040, Line 31a) 26 27 IRA deduction (federal Form 1040, Line 32; or 1040A, Line 17) 27 28 Student loan interest deduction (federal Form 1040, Line 33; or 1040A, Line 18) 28 29 Tuition and fees (federal Form 1040, Line 34; or 1040A, Line 19) 29 30 Domestic production activities deduction (federal Form 1040, Line 35) 30 31 Other adjustments. See instructions. 31 32 Add Columns A and B, Lines 18 through 31. 32 33 Subtract Columns A and B, Line 32 from Line 17. 33 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 17 Enter the amounts from Page 1, Line 16. (Whole dollars only) Adjustments to Income 18 Educator expenses (federal Form 1040, Line 23; or 1040A, Line 16) 19 Certain business expenses of reservists, performing artists, and fee-based Step 3: Figure your Illinois additions and subtractions In Column A, enter the total amounts from your Form IL-1040. You must read the instructions for Column B to properly complete this step. Column A Column B Form IL-1040 Total Non-Illinois Portion (Whole dollars only) (Whole dollars only) Illinois Adjustments 34 35 36 37 38 39 40 41 Federally tax-exempt interest and dividend income (Form IL-1040, Line 2) Other additions (Form IL-1040, Line 3) Add Columns A and B, Lines 33, 34, and 35. 34 35 36 .00 .00 .00 .00 .00 .00 Federally taxed Social Security and retirement income (Form IL-1040, Line 5) 37 .00 Illinois Income Tax overpayment included on your federal Form 1040, Line 10. (Form IL-1040, Line 6) 38 .00 Other subtractions (Form IL-1040, Line 7) 39 .00 Add Columns A and B, Lines 37 through 39. 40 .00 Subtract Columns A and B, Line 40 from Line 36. If Line 40 is larger than Line 36, enter zero. 41 .00 .00 .00 .00 .00 .00 Continue to Page 3 Page 2 of 3 *166130002* IL–1040 Schedule CR (R-12/16) Step 4: Figure your Schedule CR decimal Decimal Column A Column B 42 Enter the amount from Line 41, Column A and Column B. 42 .00 .00 43 Divide Column B, Line 42 by Column A, Line 42 (carry to three decimal places). Enter the appropriate decimal. If Column B, Line 42 is greater than Column A, Line 42, enter 1.000. Enter this amount on Step 6, Line 53. . 43 Part-Year Only Step 5: Part-year residents only (Full year residents, go to Step 6.) . 44 Enter the base income from your Form IL-1040, Line 9. 45 Divide Column A, Line 42 by Line 44 (carry to 3 decimal places). 46 Enter the exemption amount from Form IL-1040, Line 10. 47 Multiply Line 45 by Line 46. 48 Subtract Line 47 from Column A, Line 42. 49 Multiply Line 48 by 3.75% (.0375). Enter this amount on Step 6, Line 52, and continue 44 .00 45 46 .00 47 .00 48 .00 on to Step 6, Line 50. 49 .00 Step 6: Figure your credit Credit for Tax Paid to Other States 50 If you are claiming a credit for tax paid to any of the states listed below, check the box for the appropriate state. Iowa Kentucky Michigan Wisconsin 51 Enter the total amount of income tax paid to other states on Illinois base income (see instructions). Note: Do not enter the tax withheld from your Form W-2 unless you are including tax paid to a city or local government that does not require you to file a tax return. 51 .00 52 Illinois Residents: Enter your Illinois tax due from Form IL‑1040, Line 13. Part-year Residents: Enter the amount from Step 5, Line 49. 52 .00 53 Enter the decimal amount from Step 4, Line 43 here. 53 54 Multiply Line 52 by Line 53. 54 .00 . 55 Compare the amounts on Lines 51 and 54. Enter the lesser amount here and on 55 .00 Form IL‑1040, Line 16. This is your tax credit. Reset Print Keep your out-of-state tax returns and any Schedules K-1-P and K-1-T with your records. You must send us this information if we request it. IL–1040 Schedule CR (R-12/16) *166130003* Page 3 of 3
2016 Schedule CR, Credit for Tax Paid to Other States
More about the Illinois Schedule CR-1040 Corporate Income Tax Tax Credit TY 2016
We last updated the Credit for Tax Paid to Other States in May 2017, so this is the latest version of Schedule CR-1040, fully updated for tax year 2016. You can download or print current or past-year PDFs of Schedule CR-1040 directly from TaxFormFinder. You can print other Illinois tax forms here.
Other Illinois Corporate Income Tax Forms:
|Form Code||Form Name|
|Form IL-1120-V||Payment Voucher for Corporation Income and Replacement Tax|
|Form IL-1120||Corporation Income and Replacement Tax Return|
|Form IL-1120-ES||2016 Estimated Income and Replacement Tax Payments for Corporations|
|Form IL-1120-ST-V||Payment Voucher for Small Business Corporation Replacement Tax|
|Form IL-990-T-V||Payment Voucher for Exempt Organization Income and Replacement Tax|
Illinois usually releases forms for the current tax year between January and April. We last updated Illinois Schedule CR-1040 from the Department of Revenue in May 2017.
Schedule CR-1040 is an Illinois Corporate Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Illinois Schedule CR-1040
We have a total of two past-year versions of Schedule CR-1040 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2016 Schedule CR, Credit for Tax Paid to Other States
2015 (IL-1041) Schedule CR, Credit for Tax Paid to Other States
While we do our best to keep our list of Illinois Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.