Drake Tax – 2024 Form Availability and Tax Changes: Wisconsin
Article #: 20050
Last Updated: December 19, 2024
The following Wisconsin forms are supported in Drake Tax 2024. WI forms cannot be e-signed.
| Form | Description | IND | CRP | SCRP | PTR | FID |
|---|---|---|---|---|---|---|
| 1 | Wisconsin Income Tax | t | ||||
| 1CNP | Composite Wisconsin Individual Income Tax Return for Nonresident Partners | t | ||||
| 1CNS | Composite Wisconsin Individual Income Tax Return for Nonresident Tax-Option (S) Corporation Shareholders | t | ||||
| 1-ES | Estimated Income Tax Voucher | t | t | |||
| 1NPR | Nonresident and Part-Year Resident Wisconsin Income Tax | t | ||||
| 2 | Wisconsin Fiduciary Income Tax for Estates or Trusts | t | ||||
| 3 | Wisconsin Partnership Return | t | ||||
| 3-EPV | Partnership Electronic Payment Voucher | t | ||||
| 3-ES | Partnership Estimated Tax Voucher | t | ||||
| 4 | Non-Combined Corporation Franchise or Income Tax Return | t | ||||
| 4BL | Net Business Loss Carryforward for Separate Entity Corporations | t | ||||
| 5S | Wisconsin Tax-Option (S) Corporation Franchise or Income Tax Return | t | ||||
| 804 | Claim for Decedent’s Wisconsin Income Tax Refund | t | ||||
| A-222 | Power of Attorney | t | t | t | t | t |
| C | Allocation and Separate Accounting Data | t | ||||
| C-EPV | Corporation Electronic Payment Voucher | t | t | |||
| CORP-ES | Corporation Estimated Payment Voucher | t | t | |||
| EIC-A | Earned Income Credit | t | ||||
| EPV | Electronic Payment Voucher | t | t | |||
| N | Nonapportionable, Separately Accounted, and Separately Apportioned Income | t | t | |||
| PW-1 | Wisconsin Nonresident Income or Franchise Tax Withholding on Pass-Through Entity Income | t | t | t | ||
| PW-ES | Pass-Through Entity Withholding Estimated Payment Voucher | t | t | t | ||
| PW-U | Underpayment of Estimated Withholding Tax by Pass-Through Entities | t | t | t | ||
| Schedule 2K-1 | Beneficiary’s Share of Income, Deductions, etc. | t | ||||
| Schedule 2M | Form 2 – Additions to and Subtractions from Income | t | ||||
| Schedule 2WD | Capital Gains and Losses | t | ||||
| Schedule 3-ET | Entity-Level Tax Computation | t | ||||
| Schedule 3K-1 | Partner’s Share of Income, Deductions, Credits, etc. | t | ||||
| Schedule 4V | Additions to Federal Income | t | ||||
| Schedule 4W | Subtractions from Federal Income | t | ||||
| Schedule 4Y | Subtraction Modification for Dividends | t | ||||
| Schedule 5K-1 | Tax-Option (S) Corporation Shareholder’s Share of Income, Deductions, Credits, etc. | t | ||||
| Schedule 2440W | Disability Income Exclusion | t | ||||
| Schedule A-01 | Single Sales Factor Apportionment Data for Nonspecialized Industries | t | t | t | t | t |
| Schedule A-02 | Apportionment Percentage for Interstate Financial Institutions | t | t | t | t | t |
| Schedule A-03 | Apportionment Percentage for Interstate Motor Carriers | t | t | t | t | t |
| Schedule A-04 | Apportionment Percentage for Interstate Telecommunications Companies | t | t | t | t | t |
| Schedule A-05 | Premiums Factor for Insurance Companies | t | t | t | t | t |
| Schedule A-06 | Receipts Factor for Interstate Brokers-Dealers, Investment Advisors, Investment Companies, and Underwriters | t | t | t | t | t |
| Schedule A-07 | Apportionment Percentage for Interstate Air Carriers | t | t | t | t | t |
| Schedule A-08 | Apportionment Percentage for Broadcasters | t | t | t | t | t |
| Schedule A-09 | Apportionment Percentage for Interstate Railroads | t | t | t | t | t |
| Schedule A-10 | Apportionment Percentage for Interstate Pipeline Companies | t | t | t | t | t |
| Schedule A-11 | Apportionment Percentage for Interstate Air Freight Forwarders Affiliated with a Direct Air Carrier | t | t | t | t | t |
| Schedule AD | Form 1– Additions to Income | t | ||||
| Schedule AR | Explanation of Amended Return | t | t | t | t | t |
| Schedule BD | Business Development Credit | t | t | t | t | t |
| Schedule CF | Carryforward of Unused Credits | t | t | t | ||
| Schedule CG | Income Tax Deferral of Long-Term Capital Gain | t | ||||
| Schedule CM | Community Rehabilitation Program Credit | t | t | t | t | t |
| Schedule CR | Other Credits | t | t | t | ||
| Schedule CS | College Savings Accounts (Edvest and Tomorrow’s Scholar) | t | ||||
| Schedule DC | Development Zones Credits | t | t | t | t | t |
| Schedule DE | Disregarded Entity Schedule | t | t | t | t | t |
| Schedule EC | Enterprise Zone Jobs Credit | t | t | t | t | t |
| Schedule ED | Economic Development Tax Credit | t | t | t | t | t |
| Schedule EIT | Electronics and Information Technology Manufacturing Zone Credit | t | t | t | t | t |
| Schedule ES | Employee College Savings Account Contribution Credit | t | t | t | t | |
| Schedule ESBT | Computation of Wisconsin Taxable Income for Electing Small Business Trusts | t | ||||
| Schedule ET-OS | Credit for Net Tax Paid to Another State | t | t | |||
| Schedule FC | Farmland Preservation Credit | t | t | t | ||
| Schedule FC-A | Farmland Preservation Credit | t | t | t | ||
| Schedule GL | Gain or Loss on the Sale of Your Home | t | ||||
| Schedule H | Homestead Credit | t | ||||
| Schedule HR | Historic Rehabilitation Credits | t | t | t | t | t |
| Schedule I | Adjustments to Convert Federal Adjusted Gross Income and Itemized Deductions to the Amounts Allowable for Wisconsin | t | ||||
| Schedule JT | Jobs Tax Credit | t | t | t | t | t |
| Schedule LI | Low-Income Housing Tax Credit | t | t | t | t | t |
| Schedule M | Additions to and Subtractions from Income | t | ||||
| Schedule MA-A | Agriculture Credit | t | t | t | t | t |
| Schedule MA-M | Manufacturing Credit | t | t | t | t | t |
| Schedule MS | Manufacturer’s Sales Tax Credit Carryforward Allowable | t | t | t | t | |
| Schedule NOL1 | Wisconsin Net Operating Loss Deduction | t | t | |||
| Schedule NOL2 | Net Operating Loss Deduction and Wisconsin Modified Taxable Income | t | t | |||
| Schedule NOL3 | Record of Wisconsin NOL Carryback and Carryforward of Losses | t | t | |||
| Schedule NR | Computation of Wisconsin Taxable Income for Part-Year and Nonresident Estates and Trusts | t | ||||
| Schedule OS | Credit for Net Tax Paid to Another State | t | t | |||
| Schedule PS | Private School Tuition | t | ||||
| Schedule QI | Sale of Investment in a Qualified Wisconsin Business | t | ||||
| Schedule R | Research Credits | t | t | t | t | t |
| Schedule RT | Related Entity Expenses Disclosure Statement | t | t | t | t | t |
| Schedule RT-1 | Statement of Disallowed Related Entity Expenses | t | t | t | t | t |
| Schedule SB | Form 1– Subtractions from Income | t | ||||
| Schedule U | Underpayment of Estimated Tax by Individuals, Partnerships, and Fiduciaries | t | t | t | ||
| Schedule VC | Venture Capital Credits | t | t | t | t | t |
| Schedule WD | Capital Gains and Losses | t | ||||
| U | Underpayment of Estimated Tax by Corporations | t | t | |||
| W-RA | Required Attachments for Electronic Filing | t | ||||
| WI4562 | Depreciation and Amortization | t | t | t | t | t |
New Form
Schedule WI-2441, Additional Child and Dependent Care Credit, has been added for tax year 2024.
Tax Law Changes
Additional Child and Dependent Care Credit – The amount of the maximum allowable credit has been increased. Complete the new Schedule WI-2441 to compute the credit.
Blind Worker Transportation Services Credit –A new credit for blind persons who pay for transportation services between their home and workplace (maximum credit $1,500 per person) has been added for tax year 2024.
College Savings Account - The subtraction for contributions to Wisconsin 529 plans has been increased to $5,000 ($2,500 for Married Filing Separately taxpayers).
Tuition Fees Expense — The maximum subtraction for tuition fees expense has been increased to $7,333 per student.