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Chicago Illinois Form 1120 (Schedule M-3): What You Should Know

Instructions for Schedule M-3 (Form 1120), Net Income (Loss), S Corporations 1022 Schedule MS (L-14) 1 Capital gain taxed under IRC Section 852(b)(3). Enter the amount here and on your Form IL-1120, Line 8, Schedule MS-5 (Notice of U.S. Annual Foreign Income Tax Return) (Rev. July 2019) — Internal ▷ Go to for instructions and the latest information. OMB No. . Name of corporations (common parent, if consolidated return). Instructions for Schedule MS-5 (Notice of U.S. Annual Foreign Income Tax Return), ▷ Go to for instructions and the latest information. OMB No. . Name of individuals who make the contributions. Directions for Schedule MS-5 (Notice of U.S. Annual Foreign Income Tax Return), ▷ Go to instructions and the latest information. OMB No. . Total contributions from all individuals. ▷ Go to instructions and the latest information. OMB No. . Contributions for individuals from all corporations. Directions for Schedule MS-5 (Notice of U.S. Annual Foreign Income Tax Return), 2 Other Schedule M (1021) items: (1) Net Investment Income: Enter the amount here and on your Form IL-1120, Line 15, for any other Schedule M item. (2) Gain on disposition of a bond, debenture, note, or other similar asset, or gain realized as a result of a taxable disposition of a bond, debenture, note, or other similar asset. Enter the amount here and on your Form IL-1120, Line 15, for any other Schedule M item. (3) Section 1222(g) deduction from income (if more than 10,000): Enter the amount here and on your Form IL-1120, Line 15, for any other Schedule M item. (4) Gain from disposition of shares, shares held in an entity: Enter the amount here and on your Form IL-1120, Line 15, for any other Schedule M item.

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