Form 5s - Wisconsin Tax-Option (S) Corporation Franchise Or Income Tax Return (2014)
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45S
Form
Wisconsin Tax-Option (S) Corporation
Franchise or Income Tax Return
2014
For 2014 or taxable year beginning
and ending
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M
D
D
Y
Y
Y
Y
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M
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D
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Y
Complete form using BLACK INK.
Due Date: 15th day of 3rd month following close of taxable year.
Corporation Name
Number and Street
Suite Number
City
State
ZIP (+ 4 digit suffix if known)
A Federal Employer ID Number
B Business Activity (NAICS) Code
D Check
if applicable and attach explanation:
4
Short period - change in accounting method
1
Amended return
C State of Incorporation
and
Year
5
Short period - stock purchase or sale
2
First return - new corporation or entering Wisconsin
Enter abbreviation of
state in box, or if a
3
Final return - corporation dissolved or withdrew
6
Short period - termination of S corporation election
Y
Y
Y
Y
foreign country, enter
below.
Check
if applicable and see instructions:
E
If you have an extension of time to file, enter extended due date
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D
Y
Y
Y
Y
F
If no business was transacted in Wisconsin during the taxable year,
attach a complete copy of your federal return.
G
If you are filing a Form 1CNS on behalf of nonresident shareholders.
H
Effective date of Wisconsin tax-option corporation election
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M
D
D
Y
Y
Y
Y
I
Total number of shareholders
J
Number of nonresident shareholders
K
If you have related entity expenses and are required to file Schedule RT with this return.
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.00
L1 WI Property
M1 WI Payroll
.00
.00
L2 Total Co. Property
M2 Total Co. Payroll
N
Internal Revenue Service adjustments became final during the year. Enter years adjusted
ENTER NEGATIVE NUMBERS LIKE THIS
–1000
NOT LIKE THIS
(1000)
NO COMMAS; NO CENTS
IF NO ENTRY ON A LINE, LEAVE BLANK
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1 Federal, state, and municipal government interest (see instructions) . . . . . . . . . . . . . . . . . . . .
1
2 Wisconsin apportionment percentage (from Form A-1 or Form A-2). This is a required field.
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%
If percentage is from Form A-2, check (
)
the space after the arrow . . . . . . . . . . . . . . .
2
If 100% apportionment, or using separate accounting check (
)
the space . . . . . . . . .
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00
3 Multiply line 1 by line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
.
00
4 Enter 7.9% (0.079) of the amount on line 3. This is gross tax . . . . . . . . . . . . . . . . . . . . . . . . .
4
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00
5 Manufacturer’s sales tax credit (from Sch. MS, line 3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
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00
6 Subtract line 5 from line 4. If line 5 is more than line 4, enter zero (0). This is net tax . . . . . . . .
6
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00
7 Additional tax on tax-option (S) corporations (from page 2, Schedule Q, line 8) . . . . . . . . . . . .
7
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00
8 Economic development surcharge (from page 2, Schedule S, line 6) . . . . . . . . . . . . . . . . . . . .
8
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00
9 Endangered resources donation (decreases refund or increases amount owed) . . . . . . . . . . .
9
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00
10 Veterans trust fund donation (decreases refund or increases amount owed) . . . . . . . . . . . . . .
10
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00
11 Add lines 6 through 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11
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00
12 Estimated tax payments less refund from Form 4466W . . 12
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00
13 Wisconsin tax withheld on amount on line 1 . . . . . . . . . . . 13
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00
14 Amended Return Only – amount previously paid . . . . . . . 14
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15 Add lines 12 through 14 . . . . . . . . . . . . . . . . . . . . . . . . . . 15
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00
16 Amended Return Only – amount previously refunded . . . 16
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17 Subtract line 16 from 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
18 Interest, penalty, and late fee due (from Form U, line 17 or 26).
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00
If you annualized income on Form U, check (
)
the space after the arrow. . . . . . . . . .
18
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00
19 Tax due. If the total of lines 11 and 18 is larger than line 17, enter amount owed . . . . . . . . . . . 19
IC-049
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