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MyWikiBiz, Author Your Legacy — Thursday May 02, 2024
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====Example B====
 
====Example B====
 
In this example, ten individuals provide the loan based on their relative gross incomes.  The results for their considerations based on both the Illinois tax credit and the federal deduction are provided in the table.  The individuals are assumed to be in the 35% federal tax bracket.  The annualized return resulting from the total of the Illinois tax credit and the federal deduction is 58%.
 
In this example, ten individuals provide the loan based on their relative gross incomes.  The results for their considerations based on both the Illinois tax credit and the federal deduction are provided in the table.  The individuals are assumed to be in the 35% federal tax bracket.  The annualized return resulting from the total of the Illinois tax credit and the federal deduction is 58%.
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NOTE:  If the Table is not visible in your browser, go directly to the Table here:</br>[[Media:Taxincentives.jpg]]
    
[[File:Taxincentives.jpg|thumb|center|600px|<small> The Illinois income tax credit and federal income tax deduction basis for funding of <i>Never Split Tens</i>. </small>]]
 
[[File:Taxincentives.jpg|thumb|center|600px|<small> The Illinois income tax credit and federal income tax deduction basis for funding of <i>Never Split Tens</i>. </small>]]
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NOTE:  If the Table is not visible in your browser, go directly to the Table here:</br>[[Media:Taxincentives.jpg]]
      
===Investor Share of Profits===
 
===Investor Share of Profits===
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