Tab to navigate within form. Use mouse to check Save Print Clear applicable boxes, press spacebar or press Enter. Schedule Wisconsin Venture Capital Credits VC File with Wisconsin Form 1, 1NPR, 2, 3, 4, 4T, 5S, or 6 2024 Wisconsin Department of Revenue Read instructions before filling in this schedule Name Identifying Number If you qualify for the angel investment credit, complete Part I. If you qualify for the early stage seed investment credit, complete Part II. Round Amounts to Nearest Dollar Part I Angel Investment Credit 1 Fill in the following information regarding your investments in qualified new business ventures that the Wisconsin Economic Development Corporation has verified as first eligible for a tax credit in 2024 (attach separate schedules if more space is needed): Date Investment Name of Qualified Total Qualified Made New Business Venture Investment Investment 1a 1a 1a .00 1a .00 M M D D Y Y Y Y 1b 1b 1b .00 1b .00 M M D D Y Y Y Y 1c 1c 1c .00 1c .00 M M D D Y Y Y Y 1d Total qualified investments (add lines 1a through 1c). Include WEDC certification ............ 1d .00 2 Multiply the amount on line 1d by 25% (0.25) .......................................... 2 .00 3 Fill in the 2024 angel investment credit passed through from angel investment networks: 3a Entity Name FEIN Amount 3a .00 3b Entity Name FEIN Amount 3b .00 3c Total pass through credits from additional schedule ... 3c .00 3d Total credits (add lines 3a through 3c) ............................................... 3d .00 3e Fill in the amount of credit transferred from other taxpayers in 2024 (from Part IV, page 4)....... 3e .00 4 Add lines 2, 3d, and 3e. This is your 2024 credit ....................................... 4 .00 5 Carryover of unused angel investment credit (see instructions). Include Schedule CF ......... 5 .00 5a Fill in the amount of credit transferred to other taxpayers in 2024 (from Part IV, page 4) ......... 5a .00 6 Add lines 4 and 5 and subtract line 5a. This is the available angel investment credit. Include Schedule CF if the credit was not used in full................................... 6 .00 IC-039 (R. 8-24) |
2024 Schedule VC Name ID Number Page 2 of 4 Part II Early Stage Seed Investment Credit 7 Fill in the following information regarding your investments paid to a certified fund manager that the Wisconsin Economic Develop- ment Corporation has verified as eligible for a tax credit in 2024 (attach separate schedules if more space is needed): Date Investment Name of Certified Total Qualified Made Fund Manager Investment Investment 7a 7a 7a .00 7a .00 M M D D Y Y Y Y 7b 7b 7b .00 7b .00 M M D D Y Y Y Y 7c 7c 7c .00 7c .00 M M D D Y Y Y Y 7d Total qualified investment (add lines 7a through 7c) Include WEDC certification............ 7d .00 8 Multiply line 7d by 25% (0.25) or enter the credit specially allocated to you ................. 8 .00 9 Fill in the 2024 early stage seed investment credit passed through from other entities: 9a Entity Name FEIN Amount 9a .00 9b Entity Name FEIN Amount 9b .00 9c Total pass through credits from additional schedule .. 9c .00 9d Total credits (add lines 9a through 9c) ............................................. 9d .00 10 Fill in the amount of credit transferred from other taxpayers in 2024 (from Part III page 3) .... 10 .00 11 Add lines 8, 9d and 10. This is your 2024 credit (see instructions)....................... 11 .00 11a Fiduciaries - enter the amount of credit allocated to beneficiaries ....................... 11a .00 11b Fiduciaries - subtract line 11a from line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11b .00 12 Carryover of unused early stage seed investment credit. Include Schedule CF ............ 12 .00 13 Add lines 11 and 12 (lines 11b and 12 if fiduciary) ................................... 13 .00 14 Fill in the amount of credit transferred to other taxpayers in 2024 ....................... 14 .00 15 Subtract line 14 from line 13. This is the available early stage seed investment credit. Include Schedule CF if the credit was not used in full ...................................... 15 .00 |
2024 Schedule VC Name ID Number Page 3 of 4 Part III Transfer of Early Stage Seed Investment Credit 1Fill in the following information regarding the transfer in 2024 by a person eligible to claim the early stage seed investment credit to a person subject to tax under ch. 71 or subch. III of ch. 76: 1a Person Eligible to Claim the Early Stage Seed Investment Credit: Name Number and Street City State Zip Code 1b Recipient of Transferred Early Stage Seed Investment Credit: Name Identifying Number Number and Street City State Zip Code 1c Transferred Amount .00 Investment Fund Manager Approval Date M M D D Y Y Y Y Wisconsin Economic Development Corporation Approval Date M M D D Y Y Y Y 2a Recipient of Transferred Early Stage Seed Investment Credit: Name Identifying Number Number and Street City State Zip Code 2b Transferred Amount .00 Investment Fund Manager Approval Date M M D D Y Y Y Y Wisconsin Economic Development Corporation Approval Date M M D D Y Y Y Y 3a Recipient of Transferred Early Stage Seed Investment Credit: Name Identifying Number Number and Street City State Zip Code 3b Transferred Amount .00 Investment Fund Manager Approval Date M M D D Y Y Y Y Wisconsin Economic Development Corporation Approval Date M M D D Y Y Y Y |
2024 Schedule VC Name ID Number Page 4 of 4 Part IV Transfer of Angel Investment Credit 1Fill in the following information regarding the transfer in 2024 by a person eligible to claim the angel investment credit to a person subject to tax under ch. 71: 1a Person Eligible to Claim the Angel Investment Credit: Name Number and Street City State Zip Code 1b Recipient of Transferred Angel Investment Credit: Name Identifying Number Number and Street City State Zip Code 1c Transferred Amount .00 Wisconsin Economic Development Corporation Notification Date M M D D Y Y Y Y 2a Recipient of Transferred Angel Investment Credit: Name Identifying Number Number and Street City State Zip Code 2b Transferred Amount .00 Wisconsin Economic Development Corporation Notification Date M M D D Y Y Y Y 3a Recipient of Transferred Angel Investment Credit: Name Identifying Number Number and Street City State Zip Code 3b Transferred Amount .00 Wisconsin Economic Development Corporation Notification Date M M D D Y Y Y Y |