This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form IL-477 for the current year.
This document contains official instructions for Form IL-477 , Replacement Tax Investment Credits - a form released and collected by the Illinois Department of Revenue. An up-to-date fillable Form IL-477 is available for download through this link.
Q: What is Form IL-477?
A: Form IL-477 is a tax form used in Illinois to claim Replacement Tax Investment Credits.
Q: What are Replacement Tax Investment Credits?
A: Replacement Tax Investment Credits are tax credits that can be claimed by businesses in Illinois for qualifying investments.
Q: Who can claim Replacement Tax Investment Credits?
A: Businesses operating in Illinois that have made qualifying investments are eligible to claim Replacement Tax Investment Credits.
Q: How do I fill out Form IL-477?
A: Form IL-477 should be filled out with information about the qualifying investments made by the business.
Q: Are there any deadlines for filing Form IL-477?
A: Yes, Form IL-477 must be filed by the due date for the business's income tax return.
Q: What supporting documents do I need to include with Form IL-477?
A: Supporting documents that show proof of the qualifying investments should be included with Form IL-477.
Q: Can I claim Replacement Tax Investment Credits retroactively?
A: No, Replacement Tax Investment Credits must be claimed in the tax year in which the qualifying investments were made.
Q: What should I do if I have additional questions about Form IL-477?
A: You should contact the Illinois Department of Revenue for assistance with any additional questions about Form IL-477.
Instruction Details:
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