Use your mouse or Tab key to move through the fields. Use your mouse or space bar to enable check boxes.

                                                                               *61412211W*
                  Illinois Department of Revenue
                                                          Gains from Sales or Exchanges of Property                                                     /
                                                                                                                                                     Tax year ending
                   Schedule F                                                           Acquired Before August 1, 1969                                IL Attachment No. 16
Attach to your Form IL-1040 (Include copies of your federal Schedule D, and, if filed, federal Forms 4797, 6252, and 8949.)                                
Step 1: Provide the following information
                                                                                                                      –                    –                                                       
Your name as shown on Form IL-1040                                                        Your Social Security number             

Step 2: August 1, 1969, Valuation Limitation Amounts for Capital (Non-depreciable) Assets
  For installment sales, see instructions on the back of this schedule.
                 Column A                   Column B      Column C             Column D         Column E                Column F             Column G                              Column H
          Description of property           Date acquired           Date sold  Federal gain     Aug. 1, 1969, value  Federal tax basis       Column E                              Smaller of
    (If other than a listed security,       (mo./yr.)               (mo./yr.)  in taxable year  (or applicable       on August 1, 1969    minus Column F (or                       Column D
          see instructions.)                                                                         fraction)        (see instructions)  fraction in E times D)                   or Column G
                                                                                                                                                                                                            
1 a                                                                            _______ 00       __________           _______ 00              _______ 00                            _______ 00
  b                                                                            _______ 00       __________           _______ 00           _______ 00                               _______ 00
  c                                                                            _______ 00       __________           _______ 00           _______ 00                               _______ 00
  d                                                                            _______ 00       __________           _______ 00           _______ 00                               _______ 00
  e                                                                            _______ 00       __________           _______ 00           _______ 00                               _______ 00
2 Enter your share of August 1, 1969, valuation limitation amounts from partnerships, S corporations, trusts, and estates. See instructions.                    2                  _______ 00
3 Enter the amount from your Form IL-4644, Line 18, if required.                                                                                                _______3            00
4 Total - Add Lines 1 through 3.  Enter the amount here and on Line 9 below.                                                                                    _______4            00

Step 3: August 1, 1969, Valuation Limitation Amounts for Property Used in Trade or Business
  For installment sales, see instructions on the back of this schedule.
                 Column A          Column B   Column C   Column D    Column D1   Column D2    Column E    Column F    Column G    Column H     Column I
          Description             Date      Date          Federal gain         Section      Section  Aug. 1, 1969,  Federal tax  Col. E minus         Smaller of                   Smaller of 
          of property            acquired     sold    in taxable year  1245 & 1250         1231 gain value (or          basis on Col. F (or fraction  Col. D1 or  (Col.  G minus  
                                 (mo./yr.)  (mo./yr.)                               gain             applicable        Aug. 1, 1969  in E times D)    Col. G                       H) or Col. D2  
                                                                                                     fraction)
5 a                                                       _____ 00 _____ 00 _____              00   ________  _____ 00  _____ 00                     _____ 00  _____ 00
  b                                                       _____ 00 _____ 00 _____              00    ________  _____ 00  _____ 00                    _____ 00  _____ 00
  c                                                       _____ 00 _____ 00 _____              00    ________  _____ 00  _____ 00                    _____ 00   _____ 00
  d                                                       _____ 00 _____ 00 _____              00    ________  _____ 00  _____ 00                    _____ 00  _____ 00
  e                                                       _____ 00 _____ 00 _____              00    ________  _____ 00  _____ 00                    _____ 00  _____ 00
6 Enter your share of August 1, 1969, valuation limitation amounts from partnerships, S corporations, trusts, and estates.                         6 _____ 00  _____ 00
7 Total - Add Column H, Lines 5 and 6. Enter the amount here and on Line 16 below.                                                                 7 _____ 00  _____ 00
8 Total - Add Column I, Lines 5 and 6.  Enter the amount here and on Line 10 below. Only enter on Line 10 if 
  federal Form 1040 or 1040-SR, Schedule D, Line 11 shows a gain.                                                                                               8                  _______ 00
 
Step 4: August 1, 1969, Valuation Limitation Amount. This part must be completed.
9  Enter the amount from Line 4.                                                                                                                                9                  _______ 00
10 Enter the amount from Line 8.                                                                                                                           10                      _______ 00
11 Add Lines 9 and 10.                                                                                                                                     11                      _______ 00
12 Enter net capital gain, if any, from federal Form 1040 or 1040-SR, Schedule D, Line 16. Otherwise, enter zero.                                          12                      _______ 00
13 Enter the amount from Form IL-4644, Line 13, if required.                                                                                               13                      _______ 00
14 Subtract Line 13 from Line 12. If Line 13 is equal to or greater than Line 12, enter zero.                                                              14                      _______ 00
15 Enter the smaller of Line 11 or Line 14.                                                                                                                15                      _______ 00
16 Enter the amount from Line 7.                                                                                                                           16                      _______ 00
17 August 1, 1969, valuation limitation amount - Add Lines 15 and 16. Enter the amount here and on Schedule M, 
  Other Additions and Subtractions for Individuals, Line 23.                                                                                               17                      _______ 00
                                                                              Attach this schedule to your IL-1040.
        IL-1040 Schedule F Front (R-12/21)                                                 This form is authorized as outlined under the Illinois Income Tax Act.  Disclosure of 
        Printed by authority of the State of Illinois, web only, 1.                        this information is required.  Failure to provide information could result in a penalty.

                                                           *61412212W*

Your name as shown on your Form IL-1040                                                       Your Social Security number

                                                                                                             -            -  

                                        Installment Sales 

If on your federal Form 1040 or 1040-SR, Schedule D, federal Form 8949, or federal Form 4797, you reported gain from an installment sale of 
property you acquired before August 1, 1969, complete Schedule F for those sales by following the instructions below.
    If for federal tax purposes you filed federal Form 6252 but were not required to file federal Form 4797, attach to your Schedule F:       
(1) a statement that you were not required to file federal Form 4797, and (2) a copy of the federal Form 6252 as filed.

Installment Sales before August 1, 1969                                Installment Sales on or after August 1, 1969

Step 2 of Schedule F                                                   Step 2 of Schedule F
Line 1                                                                 Line 1
Columns A through C – Follow instructions for Schedule F.              Columns A through F – Follow instructions for Schedule F.
Column D – Enter ‘‘INST’’ to indicate installment.                     Column G – Complete the worksheet below and enter in this column 
Columns E through G – Leave blank.                                     the amount from Column 5 of the worksheet. 
Column H – Enter the amount of gain from this sale reported this               The heading for Column G does not describe this entry.
year on your federal Form 1040 or 1040-SR, Schedule D or federal       Column H – Follow instructions for Schedule F.
Form 8949.
                                                                       Step 3 of Schedule F
Step 3 of Schedule F                                                   Line 5
Line 5                                                                 Columns A through F – Follow instructions for Schedule F.
Columns A through C – Follow instructions for Schedule F.              Column G – Complete the worksheet below and enter in this column 
Column D – Enter ‘‘INST’’ to indicate installment.                     the amount from Column 5 of the worksheet. 
Columns D1 through G – Leave blank.                                            The heading for Column G does not describe this entry.
Column H – Enter the amount of Section 1245 or 1250 gain from this     Columns H and I – Follow instructions for Schedule F.
sale reported this year on your federal Form 4797 or 6252.
Column I – Enter the amount of Section 1231 gain from this sale        Step 4 of Schedule F
reported this year on your federal Form 4797 or 6252.                  Lines 9 through 17 – Follow instructions for Schedule F.
Step 4 of Schedule F
Lines 9 through 17 – Follow instructions for Schedule F.

                                   Column G Worksheet

       Column 1            Column 2                                  Column 3            Column 4                             Column 5
          Total gain                Fraction               Column 1 times Column 2            Total gain               Column 3 minus Column 4
                                                                 or, from Schedule F,          reported in              Enter this amount
                                                           Column E minus Column F             prior years                    in Column G   
                                                                                                                       (If negative, enter zero) 
  a ________________ 00                                    ________________ 00        ________________ 00       ________________ 00 
b  ________________ 00                                     ________________ 00        ________________ 00       ________________ 00 
c ________________ 00                                      ________________ 00        ________________ 00       ________________ 00 
d  ________________ 00                                     ________________ 00        ________________ 00       ________________ 00 
e ________________ 00                                      ________________ 00        ________________ 00       ________________ 00

                                    Instructions for Column G Worksheet
For each installment sale after July 31, 1969, reported on Schedule F: Column 4 - Enter the total gain reported on your federal income tax 
                                                                       returns in prior years.
Column 1 - Enter the total federal gain realized on the sale. This is 
your entire gain and not just the gain reported this year.             Column 5 - Subtract Column 4 from Column 3. Enter that amount 
                                                                       here and on Schedule F, Column G, Step 2 or Step 3, as appropriate.  
Column 2 - Enter the fraction, if any, from Schedule F, Column E.
                                                                       If this amount is negative, enter zero.
Column 3 - If you entered a fraction in Column 2 of this worksheet, 
multiply Column 1 by that fraction. If Column 2 is blank, subtract   
Column F from Column E on Schedule F and enter the amount.

                                                                                                           IL-1040 Schedule F Back (R-12/21)
                                                           Reset              Print