2013 Schedule MA
Name
ID Number
Page 2 of 2
Part II
Agriculture Credit
Round Amounts to Nearest Dollar
.
1
Fill in the amount of your production gross receipts . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
00
.00
2
Cost of goods sold allocable to production gross receipts . . . 2
.00
3
Direct costs allocable to production gross receipts . . . . . . . . 3
.
00
4
Add lines 2 and 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
.
00
5
Subtract line 4 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
.
6
Indirect costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
00
7
Production gross receipts (line 1) 7
.
00
8
All gross receipts . . . . . . . . . . . . 8
.
00
9
Divide line 7 by line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
.
%
.
00
10
Multiply line 6 by the percentage on line 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
11
Subtract line 10 from line 5 . If zero or less, stop here . You do not qualify for the
.
00
agriculture credit . Otherwise, go to line 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
12
Average value of real property and improvements (assessed
under sec . 70 .32(2)(a)4, Wis . Stats .), owned or rented, and
used in Wisconsin to produce, grow, or extract qualified
.
00
production property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12
13
Average value of all real property and improvements,
owned or rented, and used to produce, grow, or extract
qualified production property . . . . . . . . . . . . . . . . . . . . . . . . 13
.
00
.
14
Divide line 12 by line 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
%
Multiply line 11 by the percentage on line 14 (corporations filing Form 4, also
15
a
.
00
complete lines 15b and 15c . All others, skip to line 15d . . . . . . . . . . . . . . . . . . . . . . . . . . 15
a
Single entity Form 4 filers - Fill in the amount from line 11 of Form 4 . . . . . . . . . . . . . . . 15
.
00
15
b
b
Combined group members filing Form 4 (see instructions) . . . . . . . . . . . . . . . . . . . . . . . 15
.
00
15
c
c
Corporations filing Form 4: Fill in the smaller of lines 15a, 15b, or 15c. All others: Fill
15
d
.
in the amount from line 15a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
00
d
16
Multiply line 15d by 0 .01875 (1 .875%) . This is your agriculture credit before
.
pass-through credits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
00
17
Agriculture credit passed through from other entities
Entity Name
FEIN
17
.
00
.
00
18
Add lines 16 and 17 . This is your 2013 credit (see instructions) . . . . . . . . . . . . . . . . . . . 18
18a Fiduciaries - Fill in the amount of credit allocated to beneficiaries . . . . . . . . . . . . . . 18a
.
00
.
00
18b Fiduciaries - Subtract line 18a from line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18b