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Business Income Tax Forms · Corporate Income Tax - IL-1120 · Exempt Organization Income and Replacement Tax - IL-990-T · Fiduciary Income and Replacement Tax - IL- Fees, franchise taxes, and charges to be collected by Secretary of State. in the filing of a return or the payment of any final assessment of tax,of the Illinois Business Corporation Act (reductions). Franchise Tax and Fees (No additional franchise tax is due when cumulative change is negative STOP: Item 9 or 10 must be completed before continuing to Item 11. 11. ANNUAL FRANCHISE TAX AND FEES. 11a. TOTAL PAID-IN CAPITAL (Enter amount from Item 7a;. Instructions on how to calculate your Illinois Franchise Tax by Illinois Registered Agent, Inc. registering as a foreign corporation qualified to do business in Illinois. Check for all applicable license fees, franchise taxes, filing fees,.