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Schedule
Entity–Level Tax Computation
3-ET
Wisconsin Department 2024
of Revenue Include with Wisconsin Form 3
Name Identifying Number
(a) (b) (c) (d) (e)
Distributive Share Items Residents Nonresidents Entity–Level Adjustments Total (columns b+c+d)
Income:
1 Ordinary business income (loss) . . 1 1
2 Net rental real estate income (loss) 2 2
3 Other net rental income (loss) . . . . 3 3
4 Guaranteed payments:
a Services . . . . . . . . . . . . . . . . . . . . . 4a 4a
b Capital . . . . . . . . . . . . . . . . . . . . . . 4b 4b
c Total (add lines 4a and 4b) . . . . . . 4c 4c
5 Interest income ............... 5 5
6 Ordinary dividends ............ 6 6
7 Royalties .................... 7 7
8 Net short-term capital gain (loss).. 8 8
9 Net long-term capital gain (loss) .. 9 9
10 Net section 1231 gain (loss) ..... 10 10
11 Other income (loss):
a 11a 11a
b 11b 11b
c 11c 11c
12 Total income (loss)............. 12 12
Deductions:
13 Section 179 deduction .......... 13 13
14 Investment interest expense ..... 14 14
15 Section 59(e)(2) expenditures .... 15 15
16 Other deductions:
a 16a 16a
b 16b 16b
c 16c 16c
17 Total deductions............... 17 17
Tax:
18 Taxable income (loss). Subtract line 17 from line 12 ......................................................... 18
19 Multiply line 18 by 7.9% (0.079). If line 18 is less than zero, fill in 0 ............................................. 19
20 Enter credit for net tax paid to another state from Schedule ET-OS, line 22....................................... 20
21 Subtract line 20 from line 19. If line 20 is larger than line 19, fill in 0. Enter on Form 3, page 1 ........................ 21
IP-040 (R. 7-24)
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