Form 5 - Wisconsin Corporation Franchise Or Income Tax Return - 1999 Page 2
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1999 Form 5
Schedule V – Additions to Federal Income
Schedule Y – Deductible Dividends
(See instructions, page 6)
(See instructions, page 8)
1 Interest income from state and municipal obligations
1 Name of payor corporation:
2 State taxes accrued or paid
3 Environmental and windfall profit taxes accrued or paid
4 Expenses related to nontaxable income
5 Percentage depletion
6 Federal depreciation/amortization in excess of
Wisconsin depreciation/amortization
7 Amount by which the federal basis of assets disposed
of exceeds the Wisconsin basis
8 Manufacturer’s sales tax credit (see instructions)
2 Subtotal
9 Research credits computed (from Sch. R, lines 15 or
28 and 32)
3 Subtract foreign taxes
4 Total deductible dividends (enter on Schedule W, line 1)
10 Development zones credit computed (from Sch. DC, line 3)
11 Community development finance credit (from Sch. C1,
Schedule Z – Manufacturer’s Sales Tax Credit
line 5)
(See instructions, page 10)
12 Farmland preservation credit (from prior Sch. FC, line 16)
1 Cost of fuel and electricity purchased for use in
Wisconsin (including sales and use taxes paid thereon)
13 Farmland tax relief credit (from prior Sch. FT, line 6)
14 Other:
2 Cost of fuel and electricity included in line 1 above
purchased for purposes other than manufacturing
(including sales and use taxes paid thereon)
15 Total (enter on page 1, line 2)
Schedule W – Subtractions From Federal Income
3 Subtract line 2 from line 1
(See instructions, page 8)
4 County and stadium sales and use taxes included in line 3
1 Wisconsin dividends received deduction (from Sch. Y)
5 Subtract line 4 from line 3
2 Subpart F income
6 Purchases included in line 5 on which no Wisconsin
sales or use taxes were paid
3 Gross-up of foreign dividend income
4 Nontaxable income (attach schedule)
7 Subtract line 6 from line 5
5 Foreign taxes (do not include deemed taxes)
8 Divide line 7 by 21. This is state sales and use tax
6 Cost depletion
9 County and stadium sales and use taxes from line 4
10 Add lines 8 and 9. This is the 1999 sales tax credit
7 Wisconsin depreciation/amortization in excess of
federal depreciation/amortization
11 Credit passed through from other entities (Sch. Z-1, col. f)
12 Unused 1984 through 1998 sales tax credit
8 Amount by which the Wisconsin basis of assets
disposed of exceeds the federal basis
13 Add lines 10 through 12. This is the available sales
tax credit (enter on Schedule C1, line 1)
9 Federal work opportunity credit wages
10 Federal research credit expenses
Schedule C1 – Nonrefundable Credits
11 Other:
(See instructions, page 9)
1
Manufacturer’s sales tax credit (Sch. Z, line 13)
12 Total (enter on page 1, line 4)
2
Research expense credit (Sch. R, line 30)
3
Development zones research credit (Sch. DC, line 41)
Additional Information Required
4
Research facilities credit (Sch. R, line 34)
1 Person to contact concerning this return:
5
Community development finance credit
Phone #:
Fax #:
6
Development zones jobs credit (Sch. DC, line 51)
2 City and state where books and records are located for audit purposes:
7
Development zones sales tax credit (Sch. DC, line 54)
8
Development zones investment credit (Sch. DC, line 57)
9
Development zones location credit (Sch. DC, line 60)
3 Attach a list of limited liability companies of which you are the sole owner. Have
you included the incomes of these entities in this return?
Yes
No
10
Development zones day care credit (Sch. DC, line 63)
11
Development zones environmental remediation credit
4 If you sold to or purchased from any related taxpayers (see IRC section 267),
(Sch. DC, line 66)
enter approximate amount of such sales $
and
purchases $
, and attach an explanation of how
12
Development zones credit (Sch. DC, line 5)
transfer prices were determined.
13
Supplement to federal historic credit (Sch. HR, line 7)
14 Add lines 1 through 13 (enter on page 1, line 9)
5 Did you purchase any taxable tangible personal property or taxable services for
Schedule C2 – Refundable Credits
storage, use, or consumption in Wisconsin without payment of a state sales or
use tax?
Yes
No
If yes, you owe Wisconsin use tax.
(See instructions, page 10)
1
Farmland preservation credit (Sch. FC, line 16)
6 Did any adjustments made by the Internal Revenue Service to your income for
2
Farmland tax relief credit (Sch. FT, line 6)
prior years become finalized during this year?
Yes
No
If yes,
3 Add lines 1 and 2 (enter on page 1, line 12)
see General Instructions, page 4, and indicate years adjusted:
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