IL1120B-3140-8 e-file error

Error

If SchILB Line Section B Col G is greater than zero and the same occurrence of SchILB Line Section B Col B contains a C or N, then the same occurrence of SchILB Line Section B Col H must be equal to or greater than the sum of SchILB Line Section B Col G multiplied by 7.0% (.07) and SchILB Line Section B Col G multiplied by 2.5% (.025). (IL1120B-3140-8)

Cause

Illinois Schedule B, Page 2, Column H needs to equal the sum of Column G multiplied by 7% and Column G multiplied by 2.5%.

Solution

  1. Go to
    Tax Forms
    then select
    Illinois
    .
  2. Select
    Sch B-Partner Identification
    then
    Schedule B
    .
  3. On Schedule B, Page 2, review the amounts entered in Columns G and H.
  4. Column H need to equal the sum of Column G multiplied by 7% and Column G multiplied by 2.5%.
  5. Do a full recompute, recreate the electronic file, and resubmit the return.
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