- 1 -
|
Schedule
Wisconsin Research Credits
R File with Wisconsin Form 1, 1NPR, 2, 3, 4, 4T, 5S, or 6
Wisconsin Department 2024
of Revenue Read instructions before filling in this schedule
Name Identifying Number
Round Amounts to Nearest Dollar
1 Enter Wisconsin research wage expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 .00
2 Enter Wisconsin research supplies expenses............................................. 2 .00
3 Enter Wisconsin research computer rental expenses ....................................... 3 .00
4 Enter applicable percentage of Wisconsin contract research expenses ......................... 4 .00
5 Enter expenses used to compute the federal orphan drug credit that qualify as Wisconsin research
expenses ......................................................................... 5 .00
6 Add lines 1 through 5................................................................ 6 .00
7 Wages included on line 6 that qualify for the Wisconsin development zones credit ................ 7 .00
8 Subtract line 7 from line 6. This is total Wisconsin research expenses.......................... 8 .00
9 Enter average Wisconsin qualified research expenses for the three prior years. If you did not have
qualified Wisconsin research expenses in one or more of the three prior years, check () the box,
skip to line 10, and enter 0 on that line .................................................. 9
9a 1st prior year qualified research expenses ................ 9a .00
9b 2nd prior year qualified research expenses ................ 9b .00
9c 3rd prior year qualified research expenses ................ 9c .00
9d Total (add lines 9a through 9c).......................... 9d .00
9e Divide line 9d by 3 ............................................................. 9e .00
10 Multiply line 9e by 50% (0.50) ......................................................... 10 .00
11 Subtract line 10 from line 8. This is your eligible Wisconsin qualified research expenses ........... 11 .00
12 Check one of the boxes below to indicate the credit being claimed and the credit rate that applies.
If you are claiming more than one research credit, see instructions. If the box on line 9 is checked,
do not check one of the boxes. Proceed to line 13.
12a Qualified research activities (5.75%) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.05750 12a
12b Qualified research activities related to internal combustion engines (11.5%) ....... 0.11500 12b
12c Qualified research activities related to certain energy efficient products (11.5%) .... 0.11500 12c
13 If line 10 is -0- because you did not have qualified research expenses in one or more of the three prior
years, and checked the box on line 9, check one of the boxes below to indicate the credit being
claimed and the rate that applies. If you are claiming more than one research credit, see instructions.
13a Qualified research activities (2.875%) ..................................... 0.02875 13a
13b Qualified research activities related to internal combustion engines (5.75%) ....... 0.05750 13b
13c Qualified research activities related to certain energy efficient products (5.75%) .... 0.05750 13c
14 Multiply line 11DRAFTby the credit rate indicated on line 12 or line 13 .............................. 09-03-202414 .00
IC-031 (R. 8-24)
|