Supported Forms

The following Wisconsin forms are supported in Drake Tax 2023. WI forms cannot be e-signed.

Form	Description	IND	CRP	SCRP	PTR	FID
1	Wisconsin Income Tax	P
1CNP	Composite Wisconsin Individual Income Tax Return for Nonresident Partners				P
1CNS	Composite Wisconsin Individual Income Tax Return for Nonresident Tax-Option (S) Corporation Shareholders			P
1-ES	Estimated Income Tax Voucher	P				P
1NPR	Nonresident and Part-Year Resident Wisconsin Income Tax	P
2	Wisconsin Fiduciary Income Tax for Estates or Trusts					P
3	Wisconsin Partnership Return				P
3-EPV	Partnership Electronic Payment Voucher				P
3-ES	Partnership Estimated Tax Voucher				P
4	Non-Combined Corporation Franchise or Income Tax Return		P
4BL	Net Business Loss Carryforward for Separate Entity Corporations		P
5S	Wisconsin Tax-Option (S) Corporation Franchise or Income Tax Return			P
804	Claim for Decedent’s Wisconsin Income Tax Refund	P
A-222	Power of Attorney	P	P	P	P	P
C	Allocation and Separate Accounting Data		P
C-EPV	Corporation Electronic Payment Voucher		P	P
CORP-ES	Corporation Estimated Payment Voucher		P	P
EIC-A	Earned Income Credit	P
EPV	Electronic Payment Voucher	P				P
N	Nonapportionable, Separately Accounted, and Separately Apportioned Income		P	P
PW-1	Wisconsin Nonresident Income or Franchise Tax Withholding on Pass-Through Entity Income			P	P	P
PW-ES	Pass-Through Entity Withholding Estimated Payment Voucher			P	P	P
PW-U	Underpayment of Estimated Withholding Tax by Pass-Through Entities			P	P	P
Schedule 2K-1	Beneficiary’s Share of Income, Deductions, etc.					P
Schedule 2M	Form 2 – Additions to and Subtractions from Income					P
Schedule 2WD	Capital Gains and Losses					P
Schedule 3-ET	Entity-Level Tax Computation				P
Schedule 3K-1	Partner’s Share of Income, Deductions, Credits, etc.				P
Schedule 4V	Additions to Federal Income		P
Schedule 4W	Subtractions from Federal Income		P
Schedule 4Y	Subtraction Modification for Dividends		P
Schedule 5K-1	Tax-Option (S) Corporation Shareholder’s Share of Income, Deductions, Credits, etc.			P
Schedule 2440W	Disability Income Exclusion	P
Schedule A-01	Single Sales Factor Apportionment Data for Nonspecialized Industries	P	P	P	P	P
Schedule A-02	Apportionment Percentage for Interstate Financial Institutions	P	P	P	P	P
Schedule A-03	Apportionment Percentage for Interstate Motor Carriers	P	P	P	P	P
Schedule A-04	Apportionment Percentage for Interstate Telecommunications Companies	P	P	P	P	P
Schedule A-05	Premiums Factor for Insurance Companies	P	P	P	P	P
Schedule A-06	Receipts Factor for Interstate Brokers-Dealers, Investment Advisors, Investment Companies, and Underwriters	P	P	P	P	P
Schedule A-07	Apportionment Percentage for Interstate Air Carriers	P	P	P	P	P
Schedule A-08	Apportionment Percentage for Broadcasters	P	P	P	P	P
Schedule A-09	Apportionment Percentage for Interstate Railroads	P	P	P	P	P
Schedule A-10	Apportionment Percentage for Interstate Pipeline Companies	P	P	P	P	P
Schedule A-11	Apportionment Percentage for Interstate Air Freight Forwarders Affiliated with a Direct Air Carrier	P	P	P	P	P
Schedule AD	Form 1– Additions to Income	P
Schedule AR	Explanation of Amended Return	P	P	P	P	P
Schedule BD	Business Development Credit	P	P	P	P	P
Schedule CF	Carryforward of Unused Credits	P	P			P
Schedule CG	Income Tax Deferral of Long-Term Capital Gain	P
Schedule CM	Community Rehabilitation Program Credit	P	P	P	P	P
Schedule CR	Other Credits	P	P			P
Schedule CS	College Savings Accounts (Edvest and Tomorrow’s Scholar)	P
Schedule DC	Development Zones Credits	P	P	P	P	P
Schedule DE	Disregarded Entity Schedule	P	P	P	P	P
Schedule EC	Enterprise Zone Jobs Credit	P	P	P	P	P
Schedule ED	Economic Development Tax Credit	P	P	P	P	P
Schedule EIT	Electronics and Information Technology Manufacturing Zone Credit	P	P	P	P	P
Schedule ES	Employee College Savings Account Contribution Credit	P	P	P	P
Schedule ESBT	Computation of Wisconsin Taxable Income for Electing Small Business Trusts					P
Schedule ET-OS	Credit for Net Tax Paid to Another State			P	P
Schedule FC	Farmland Preservation Credit	P	P			P
Schedule FC-A	Farmland Preservation Credit	P	P			P
Schedule GL	Gain or Loss on the Sale of Your Home	P
Schedule H	Homestead Credit	P
Schedule HR	Historic Rehabilitation Credits	P	P	P	P	P
Schedule I	Adjustments to Convert Federal Adjusted Gross Income and Itemized Deductions to the Amounts Allowable for Wisconsin	P
Schedule JT	Jobs Tax Credit	P	P	P	P	P
Schedule LI	Low-Income Housing Tax Credit	P	P	P	P	P
Schedule M	Additions to and Subtractions from Income	P
Schedule MA-A	Agriculture Credit	P	P	P	P	P
Schedule MA-M	Manufacturing Credit	P	P	P	P	P
Schedule MS	Manufacturer’s Sales Tax Credit Carryforward Allowable	P	P	P		P
Schedule NOL1	Wisconsin Net Operating Loss Deduction	P				P
Schedule NOL2	Net Operating Loss Deduction and Wisconsin Modified Taxable Income	P				P
Schedule NOL3	Record of Wisconsin NOL Carryback and Carryforward of Losses	P				P
Schedule NR	Computation of Wisconsin Taxable Income for Part-Year and Nonresident Estates and Trusts					P
Schedule OS	Credit for Net Tax Paid to Another State	P				P
Schedule PS	Private School Tuition	P
Schedule QI	Sale of Investment in a Qualified Wisconsin Business	P
Schedule R	Research Credits	P	P	P	P	P
Schedule RT	Related Entity Expenses Disclosure Statement	P	P	P	P	P
Schedule RT-1	Statement of Disallowed Related Entity Expenses	P	P	P	P	P
Schedule SB	Form 1– Subtractions from Income	P
Schedule U	Underpayment of Estimated Tax by Individuals, Partnerships, and Fiduciaries	P			P	P
Schedule VC	Venture Capital Credits	P	P	P	P	P
Schedule WD	Capital Gains and Losses	P
U	Underpayment of Estimated Tax by Corporations		P	P
W-RA	Required Attachments for Electronic Filing					P
WI4562	Depreciation and Amortization	P	P	P	P	P

Tax Law Changes

• Capital Loss Deduction — The allowed maximum capital loss has been increased from $500 à $3,000 for all filing statuses ($1,500 maximum for Married Filing Separately taxpayers).

• College Savings Account — The subtraction for contributions to Wisconsin 529 plans has been increased to $3,860 for all filing statuses ($1,930 for Married Filing Separately taxpayers).

• Earned Income Credit — Wisconsin has adopted the federal law for the Earned Income Credit (EIC) investment income limit of $11,000 and the exceptions for Married Filing Separately taxpayers.

• Tax Rates Reduced — The tax rates for the first two income brackets have been decreased to 3.9% and 4.4%, respectively.

• Tuition Fees Expense — The maximum subtraction for tuition fees expense has been decreased to $6,974 per student.