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 Schedule
                                     Wisconsin Manufacturing Credit
       MA-M
     Wisconsin Department                                                                              2024
                                     File with Wisconsin Form 1, 1NPR, 2, 3, 4, 4T, 5S, or 6
       of Revenue
 Name                                                                                       Identifying Number

Manufacturing Credit

  Answer the questions below if you complete Part I, lines 1-15g.
 A  Personal Property:  Enter the Department of Revenue account number located on
     the 2024 Business Activity Roll ...........................................                  A
 B  Real Property:  Enter the Department of Revenue parcel number located on the 2024
     Notice of Real Property Assessment .......................................                   B
 C  Do you rent/lease the manufacturing machinery or buildings to others? ............            C    Yes          No
 D  Were you first approved by the Department of Revenue in 2024 to have property
     classified as manufacturing on the 2025 property tax roll? ......................            D    Yes          No

Part I:
Round Amounts to Nearest Dollar
 1  Fill in the amount of your production gross receipts.............................              1                .00
    2Cost of goods sold allocable to production gross receipts ... 2                        .00
  3  Direct costs allocable to production gross receipts ........  3                        .00
  4  Add lines 2 and 3 .......................................................                     4                .00
  5  Subtract line 4 from line 1.................................................                  5                .00
  6  Indirect costs .....................................          6                        .00
  7  Production gross receipts (line 1)         7              .00
  8  All gross receipts ............            8              .00
  9  Divide line 7 by line 8 and multiply by 100 ...............   9 .                       %
 10  Multiply line 6 by the percentage on line 9 ....................................   10                          .00
  11 Subtract line 10 from line 5. If zero or less, stop here. You do not qualify for the
     manufacturing credit. Otherwise, go to line 12a................................   11                           .00
12a  If all manufacturing activity occurred in Wisconsin on property assessed as manufacturing,
     check the box, skip lines 12b and 13, and enter 100.0000 on line 14 ...............          12a
12b  Average value of land and depreciable property owned or  
     rented, and used in Wisconsin to manufacture qualified
     production property ...............................  12b                               .00
13   Average value of land and depreciable property owned or
     rented, and used to manufacture qualified production
     property ........................................ 13                                   .00
  14 Divide line 12b by line 13 and multiply by 100 .................................  14                     .       %
15a  Multiply line 11 by the percentage on line 14 ..................................  15a                          .00
15b  Single entity filers - Fill in the amount from line 11 of Form 4 or line 10 of Form 4T  ....  15b              .00
15c  Combined group members filing Form 6 (see instructions) .......................               15c              .00
15d  Corporations filing Form 4 or 4T:  Fill in the smaller of lines 15a or 15b. Corporations
     filing Form 6: Fill in the smaller of lines 15a or 15c ............................  15d                       .00

                                                                                                       Go to Page 2

IC-016 (R. 11-24)

2024 Schedule MA-M Name                                                ID Number                             Page 2 of 2 

15e  Individuals, partnerships, tax-option (S) corporations, and fiduciaries: Enter the amount
     from line 15a...........................................................                    15e                .00
15f  Individuals and fiduciaries: Enter amount of qualified production activities income taxed
     by another state and used to claim the Wisconsin credit for net tax paid to another state 
     (Do not include partnership and tax-option (S) corporation income. See line 17) ......  15f                    .00
15g  Subtract line 15f from line 15e .............................................               15g                .00
16   C - Corporations: Multiply line 15d by 0.075 (7.5%). Partnerships and tax-option (S)
     corporations: Multiply line 15e by 0.075 (7.5%). Individuals and fiduciaries: Multiply
      line 15g by 0.075 (7.5%). This is your manufacturing credit before pass-through credits  16                   .00
17   Manufacturing credit passed through from other entities – See instructions for limitations
     Entity Name
     FEIN                                                                                        17                 .00

18   Add lines 16 and 17. This is your 2024 credit (see instructions) ...................        18                 .00
     18a Fiduciaries - Fill in the amount of credit allocated to beneficiaries..............    18a                 .00
     18b Fiduciaries - Subtract line 18a from line 18 ...............................           18b                 .00
19   Carryover of unused manufacturing credit. Include Schedule CF .................             19                 .00
20   Add lines 18 and 19 (lines 18b and 19 if fiduciary)..............................           20                 .00
21   Tax on qualified business operations (individuals and beneficiaries from chart below) ..    21                 .00
22   Individuals and fiduciaries: Enter the smaller of lines 20 or 21. All others: Enter the
     amount from line 20. Include Schedule CF if the credit was not used in full..........       22                 .00

Part II:

 1                 Computation of Business Income Limitation - Individuals and Fiduciaries Only
         (a)              (b)               (c)                (d)                          (e)           (f)
                                                               Portion of
                                                            Tax Attributable
                                         Recomputed         to Manufacturing                Credit        Enter Smaller
                                            2024 Tax           Activities                  Attributable   of Column
     Business             Tax               Liability          [(b) - (c)]        to this Business        (d) or (e)

         A                      .00                     .00                   .00                   .00             .00
         B                      .00                     .00                   .00                   .00             .00
         C                      .00                     .00                   .00                   .00             .00
         D                      .00                     .00                   .00                   .00             .00
         E                      .00                     .00                   .00                   .00             .00
         F                      .00                     .00                   .00                   .00             .00
         G                      .00                     .00                   .00                   .00             .00
         H                      .00                     .00                   .00                   .00             .00
          I                     .00                     .00                   .00                   .00             .00
    2Amounts from additional businesses reported on additional schedules..................              2           .00
  3  Add the amounts from column (f) and line 2 above. Enter on line 21 above ..............            3           .00

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