Can someone explain the Illinois Partnership Replacement Tax?

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • LCP
    Senior Member
    • Dec 2005
    • 432
    #1

    Can someone explain the Illinois Partnership Replacement Tax?

    Especially as it applies to out-of-state partners.

    It appears to be a partnership level tax, so why is the partner being given a copy of the reurn and some confusing allocation schedules?
    Tags: None
    Previous template Next

    Disclaimer

    Collapse

    This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

    Working...