Screen ILARPen - Illinois Penalties and Interest (1120)

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General Information

Date return filed, if different from due date of return
If the date entered in this field is later than the return due date, the application calculates the penalties and interest. If this field is blank, the application defaults to the original due date of the return.
Suppress penalties on Annual Report: Late interest
Enter
X
to suppress the late payment interest on the return. The application prints the IL Annual Report Late Filing Interest Worksheet if this field is blank and late interest is due.
Suppress penalties on Annual Report: Failure to file
Enter
X
to suppress the failure to file penalty on the return.

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