This version of the form is not currently in use and is provided for reference only. Download this version of Form IL-1040 Schedule F for the current year.
This is a legal form that was released by the Illinois Department of Revenue - a government authority operating within Illinois. Check the official instructions before completing and submitting the form.
Q: What is Form IL-1040 Schedule F?
A: Form IL-1040 Schedule F is a tax form used in Illinois to report gains from sales or exchanges of property acquired before August 1, 1969.
Q: What type of property does Schedule F cover?
A: Schedule F covers property acquired before August 1, 1969.
Q: What is the purpose of reporting gains from sales or exchanges of property on Schedule F?
A: The purpose of reporting gains from sales or exchanges of property on Schedule F is to calculate the amount of taxable income and determine the tax liability.
Q: Are there any special rules for property acquired before August 1, 1969?
A: Yes, property acquired before August 1, 1969 is subject to different tax rules and requires the use of Schedule F to calculate gains.
Q: Do I need to file Schedule F if I didn't have any gains from sales or exchanges of property acquired before August 1, 1969?
A: No, if you didn't have any gains from sales or exchanges of property acquired before August 1, 1969, you don't need to file Schedule F.
Form Details:
Download a fillable version of Form IL-1040 Schedule F by clicking the link below or browse more documents and templates provided by the Illinois Department of Revenue.