Question: Visit the website for Federation of Tax Administrators www taxadmin org and
Visit the website for Federation of Tax Administrators (www.taxadmin.org) and use the Links button to go to the Illinois Department of Revenue website. Locate a copy of the Corporate Income and Replacement Tax Return (Form IL-1120), scrutinize Step 4 and describe how Illinois’s apportionment percentage is computed. Return to the FTA website and link to the Ohio Department of Taxation website. Locate a copy of the Ohio Corporation Franchise Tax Report (Form FT-1120), scrutinize Schedule D, and describe how Ohio’s apportionment percentage is computed.
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