Schedule R - Wisconsin Research Credits - 2012

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Schedule
R
Wisconsin Research Credits
2012
File with Wisconsin Form 4, 4T, or 5
Wisconsin Department
Read instructions before filling in this schedule
of Revenue
Name
Federal Employer ID Number
Part I
Credit for Increasing Research Expenses
x
1 Enter Wisconsin research wage expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
2 Enter Wisconsin research supplies expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
3 Enter Wisconsin research computer rental expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
4 Enter applicable percentage of Wisconsin contract research expenses . . . . . . . . . . . . . . . . . . . . . . . . . .
4
5 Enter expenses used to compute the federal orphan drug credit that qualify as Wisconsin research
expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
6 Add lines 1 through 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
7 Wages included on line 6 that qualify for the Wisconsin development zones credit . . . . . . . . . . . . . . . . .
7
8 Subtract line 7 from line 6. This is total Wisconsin research expenses. . . . . . . . . . . . . . . . . . . . . . . . . . .
8
Section A Regular Credit. Complete this section only if you are claiming the regular credit – see instructions.
(Skip this section and go to section B if you are electing the alternative incremental credit.)
Check (ü)
if this is a one-time only change in election.
9 Enter average annual Wisconsin gross receipts from the Worksheet on page 2, line 5 . . . . . . . . . . . . . .
9
10 Enter Wisconsin fixed-base percentage, but not more than 16% (0.16), from the Worksheet
%
.
on page 2, line 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
11 Multiply line 9 by the percentage on line 10. This is the base amount . . . . . . . . . . . . . . . . . . . . . . . . . . .
11
12 Subtract line 11 from line 8. If zero or less, enter zero (0). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12
13 Multiply line 8 by 50% (0.50) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13
14 Enter the smaller of line 12 or line 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14
15 Multiply line 14 by 5% (0.05). This is the regular Wisconsin credit for increasing research expenses . . .
15
Section B Alternative Incremental Credit. Complete this section only if you are claiming the alternative credit – see instructions.
(Skip this section and go to line 29 if you completed section A.)
Check (ü)
if this is a one-time only change in election.
16 Enter average annual Wisconsin gross receipts from the Worksheet on page 2, line 5 . . . . . . . . . . . . . .
16
17 Multiply line 16 by 1% (0.01) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17
18 Subtract line 17 from line 8. If zero or less, enter zero (0). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18
19 Multiply line 16 by 1.5% (0.015) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
19
20 Subtract line 19 from line 8. If zero or less, enter zero (0). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
20
21 Subtract line 20 from line 18. If zero or less, enter zero (0). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
21
22 Multiply line 16 by 2% (0.02) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22
23 Subtract line 22 from line 8. If zero or less, enter zero (0). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
23
24 Subtract line 23 from line 20. If zero or less, enter zero (0). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
24
25 Multiply line 21 by 2.65% (0.0265) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
25
26 Multiply line 24 by 3.2% (0.032) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
26
27 Multiply line 23 by 3.75% (0.0375) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
27
28 Add lines 25, 26, and 27. This is the Wisconsin alternative incremental credit . . . . . . . . . . . . . . . . . . . . .
28
29 Carryover of unused research expense credit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
29
30 Add line 15 or line 28 to line 29. This is the available research expense credit . . . . . . . . . . . . . . . . . . . .
30
Part II
Credit for Research Facilities
31 Total qualified research facility expenditures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
31
32 Multiply line 31 by 5% (0.05) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
32
33 Carryover of unused research facilities credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
33
34 Add lines 32 and 33. This is the available research facilities credit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
34
IC-031

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