Instructions For Wisconsin Income Tax Form 1a/wi-Z

Line Instructions

The types of compensation covered

Interest Worksheet

under the reciprocity agreement in-

clude wages, salaries, tips, commis-

1. Interest from line 8a of your federal Form 1040A

or 1040; line 2 of Form 1040EZ; or line C of your

sions, bonuses, fees, or similar

TeleFile Tax Record . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

compensation earned as an employe

in Illinois.

2. State and municipal bond interest* . . . . . . . . . . . . . . . . .

3. Add lines 1 and 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If you and/or your spouse, while a

4. Interest from U.S. bonds and other U.S. securities

Wisconsin resident, earned compen-

which is included in your federal income** . . . . . . . . . . .

sation in Illinois that is covered under

5. Subtract line 4 from line 3. Fill in here and on line 2

the reciprocity agreement, check the

of Wisconsin Form 1A . . . . . . . . . . . . . . . . . . . . . . . . . . .

“yes” box on the form and write in the

amount(s) of compensation. If only a

This will generally

be the amount on line 8b of your federal Form 1040A or 1040, or the

tax-exempt interest shown by line 2 of Form 1040 EZ. However, do not include interest

portion of your compensation was

from the following securities:

earned in Illinois, write in that amount.

(1) public housing authority and community development authority bonds issued by

If you do not know the actual amount,

municipalities located in Wisconsin,

you may estimate it based on the

(2) Wisconsin Housing Finance Authority bonds,

percent of work time spent in Illinois. If

(3) Wisconsin municipal redevelopment authority bonds,

(4) Wisconsin higher education bonds,

neither you nor your spouse earned

(5) Wisconsin Housing and Economic Development Authority bonds issued before Janu-

compensation in Illinois, check the

ary 29, 1987, except business development revenue bonds, economic development

“no” box.

revenue bonds and CHAP housing revenue bonds,

(6) public housing agency bonds issued before January 29, 1987, by agencies located

Types of compensation covered un-

outside Wisconsin where the interest therefrom qualifies for exemption from federal taxa-

tion for a reason other than or in addition to section 103 of the Internal Revenue Code,

der reciprocity include wages, sala-

(7) local exposition district bonds,

ries, tips, commissions, bonuses, or

(8) Wisconsin professional baseball park district bonds, and

other employe earnings received for:

(9) bonds issued by the Government of Puerto Rico, Guam, or the Virgin Islands.

Income from these securities is exempt from Wisconsin tax whether received by a direct

• work done at an employer's loca-

owner of these securities or by a shareholder in a mutual fund which invests in these

tion in Illinois, such as at an office,

securities.

factory, restaurant, store, clinic, or

similar place of employment.

** Do not include on line 4 of the worksheet interest from Ginnie Mae (Government

National Mortgage Association) securities and other similar securities which are “guar-

• work done as an employe at various

anteed” by the United States government. You must include interest from these

securities in your Wisconsin income.

locations in Illinois, such as a job

site, construction site, or a

customer's location.

Line 2 Interest

Line 3 Dividends

Types of compensation not covered

Fill in on line 2 the amount from line 8a

Fill in on line 3 the amount from line 9

of your federal Form 1040A or 1040;

of your federal Form 1040A or 1040.

under reciprocity include compensa-

line 2 of your Form 1040EZ; or line C

tion you received:

Note A distribution received from a

of your TeleFile Tax Record.

• as an interstate truck driver, railroad

mutual fund which invests in U.S.

worker, or airline employe if you

government securities may be par-

Exceptions

worked in more than one state and

tially or completely nontaxable for

• Interest from state and municipal

under federal law cannot be taxed

Wisconsin purposes. If information

bonds must be included on line 2. (If

by Illinois.

you received from a mutual fund ad-

you were required for federal pur-

vises you that any portion of a distri-

• from pensions, annuities, and un-

poses to allocate expenses to this

bution is from investments in U.S.

employment compensation.

income, reduce the amount to be

government securities, do not include

filled in by such expenses.)

that portion of the distribution in Wis-

consin income.

Line 1 Wages, Salaries,

• Interest from securities of the U.S.

Tips, Etc.

government should not be included

on line 2. This interest is not taxable

Fill in on line 1 the amount from line 7

to Wisconsin.

of your federal Form 1040A or 1040;

line 1 of Form 1040EZ; or, if you use

If either exception applies, complete

TeleFile, the total of your W-2 wage

the worksheet on this page to deter-

income.

mine the amount to fill in on line 2 of

Form 1A.

Instructions For Wisconsin Income Tax Form 1a/wi-Z - 1998 Page 5

Related Articles

Related forms

Related Categories