AB64-ASA1,659,3
171.47 (3y) (d) 1. Section 71.28 (4) (e), (g), and (h), as it applies to the credit under
2s. 71.28 (4), applies to the credit under this subsection. This subdivision does not
3apply to claims filed after December 31, 2017.
AB64-ASA1,1111g 4Section 1111g. 71.47 (3y) (d) 2. of the statutes is renumbered 71.47 (3y) (d) 2.
5a. and amended to read:
AB64-ASA1,659,126 71.47 (3y) (d) 2. a. If For claims filed before January 1, 2018, if the allowable
7amount of the claim under par. (b) exceeds the tax otherwise due under s. 71.43, the
8amount of the claim not used to offset the tax due shall be certified by the department
9of revenue to the department of administration for payment by check, share draft,
10or other draft drawn from the appropriation account under s. 20.835 (2) (bg).
11Notwithstanding s. 71.82, no interest shall be paid on amounts certified under this
12subd. 2. a.
AB64-ASA1,1111h 13Section 1111h. 71.47 (3y) (d) 2. b. of the statutes is created to read:
AB64-ASA1,659,2014 71.47 (3y) (d) 2. b. For claims filed after December 31, 2017, claims under this
15subsection shall be made to the Wisconsin Economic Development Corporation using
16policies and procedures established by the corporation board. The corporation shall
17certify valid claims to the department of administration for payment by check, share
18draft, or other draft drawn from the appropriation under s. 20.835 (2) (bg).
19Notwithstanding s. 71.82, no interest shall be paid on amounts certified under this
20subd. 2. b.
AB64-ASA1,1111k 21Section 1111k. 71.47 (4) (k) of the statutes is created to read:
AB64-ASA1,659,2422 71.47 (4) (k) Refunds. Notwithstanding par. (f), for taxable years beginning
23after December 31, 2017, if the allowable amount of the claim under par. (ad) 4., 5.,
24or 6. exceeds the tax otherwise due under s. 71.43, all of the following apply:
AB64-ASA1,660,5
11. The amount of the claim not used to offset the tax due, not to exceed 10
2percent of the allowable amount of the claim under par. (ad) 4., 5., or 6., shall be
3certified by the department of revenue to the department of administration for
4payment by check, share draft, or other draft drawn from the appropriation account
5under s. 20.835 (2) (d).
AB64-ASA1,660,116 2. The amount of the claim not used to offset the tax due and not certified for
7payment under subd. 1. may be carried forward and credited against Wisconsin
8income or franchise taxes otherwise due for the following 15 taxable years to the
9extent not offset by these taxes otherwise due in all intervening years between the
10year in which the expense was incurred and the year in which the carry-forward
11credit is claimed.
AB64-ASA1,1111m 12Section 1111m. 71.47 (5b) (d) 3. of the statutes is amended to read:
AB64-ASA1,660,1713 71.47 (5b) (d) 3. Except as provided under s. 238.15 (3) (d) (intro.), for
14investments made after December 31, 2007, if an investment for which a claimant
15claims a credit under par. (b) is held by the claimant for less than 3 years, the
16claimant shall pay to the department, in the manner prescribed by the department,
17the amount of the credit that the claimant received related to the investment.
AB64-ASA1,1112 18Section 1112 . 71.47 (5r) (a) 2. of the statutes is amended to read:
AB64-ASA1,660,2019 71.47 (5r) (a) 2. “Course of instruction" has the meaning given in s. 38.50 440.52
20(1) (c).
AB64-ASA1,1113 21Section 1113 . 71.47 (5r) (a) 6. b. of the statutes is amended to read:
AB64-ASA1,660,2322 71.47 (5r) (a) 6. b. A school approved under s. 38.50 440.52, if the delivery of
23education occurs in this state.
AB64-ASA1,1113u 24Section 1113u. 71.47 (6) (h) of the statutes is amended to read:
AB64-ASA1,661,6
171.47 (6) (h) Any person, including a nonprofit entity described in section 501
2(c) (3) of the Internal Revenue Code, may sell or otherwise transfer the credit under
3par. (a) 2m. or 3., in whole or in part, to another person who is subject to the taxes
4imposed under s. 71.02, 71.08, 71.23, or 71.43, if the person notifies the department
5of the transfer, and submits with the notification a copy of the transfer documents,
6and the department certifies ownership of the credit with each transfer.
AB64-ASA1,1114 7Section 1114 . 71.47 (6) (i) of the statutes is created to read:
AB64-ASA1,661,128 71.47 (6) (i) If a person who claims a credit under this subsection and a credit
9under section 47 of the Internal Revenue Code for the same qualified rehabilitation
10expenditures is required to repay any amount of the credit claimed under section 47
11of the Internal Revenue Code, the person shall repay to the department a
12proportionate amount of the credit claimed under this subsection.
AB64-ASA1,1114j 13Section 1114j. 71.49 (1) (c) of the statutes is amended to read:
AB64-ASA1,661,1514 71.49 (1) (c) Research credit under s. 71.47 (4) , except as provided under par.
15(f)
.
AB64-ASA1,1114k 16Section 1114k. 71.49 (1) (f) of the statutes is amended to read:
AB64-ASA1,662,217 71.49 (1) (f) The total of farmland preservation credit under subch. IX,
18farmland tax relief credit under s. 71.47 (2m), dairy manufacturing facility
19investment credit under s. 71.47 (3p), jobs credit under s. 71.47 (3q), meat processing
20facility investment credit under s. 71.47 (3r), woody biomass harvesting and
21processing credit under s. 71.47 (3rm), food processing plant and food warehouse
22investment credit under s. 71.47 (3rn), enterprise zone jobs credit under s. 71.47
23(3w), business development credit under s. 71.47 (3y), research credit under s. 71.47
24(4) (k) 1.,
film production services credit under s. 71.47 (5f), film production company

1investment credit under s. 71.47 (5h), beginning farmer and farm asset owner tax
2credit under s. 71.47 (8r), and estimated tax payments under s. 71.48.
AB64-ASA1,1115 3Section 1115 . 71.52 (1d) of the statutes is created to read:
AB64-ASA1,662,74 71.52 (1d) “Disabled” means an individual who is unable to engage in any
5substantial gainful employment by reason of a medically determinable physical or
6mental impairment which has lasted or is reasonably expected to last for a
7continuous period of not less than 12 months.
AB64-ASA1,1116 8Section 1116 . 71.52 (1e) of the statutes is created to read:
AB64-ASA1,662,119 71.52 (1e) “Disqualified loss" means the sum of the following amounts,
10exclusive of net gains from the sale or exchange of capital or business assets and
11exclusive of net profits:
AB64-ASA1,662,1212 (a) Net loss from sole proprietorships.
AB64-ASA1,662,1313 (b) Net capital loss.
AB64-ASA1,662,1514 (c) Net loss from sales of business property, excluding loss from involuntary
15conversions.
AB64-ASA1,662,1716 (d) Net loss from rental real estate, royalties, partnerships, tax-option S
17corporations, trusts, estates, and real estate mortgage investment conduits.
AB64-ASA1,662,1818 (e) Net farm loss.
AB64-ASA1,1117 19Section 1117 . 71.52 (1m) of the statutes is created to read:
AB64-ASA1,662,2120 71.52 (1m) “Farmer,” “farming,” and “farm premises” have the meanings given
21in s. 102.04 (3).
AB64-ASA1,1118 22Section 1118 . 71.52 (6) of the statutes is amended to read:
AB64-ASA1,664,1123 71.52 (6) “Income" means the sum of Wisconsin adjusted gross income and the
24following amounts, to the extent not included in Wisconsin adjusted gross income:
25maintenance payments (except foster care maintenance and supplementary

1payments excludable under section 131 of the internal revenue code), support money,
2cash public assistance (not including credit granted under this subchapter and
3amounts under s. 46.27), cash benefits paid by counties under s. 59.53 (21), the gross
4amount of any pension or annuity (including railroad retirement benefits, all
5payments received under the federal social security act and veterans disability
6pensions), nontaxable interest received from the federal government or any of its
7instrumentalities, nontaxable interest received on state or municipal bonds,
8worker's compensation, unemployment insurance, the gross amount of “loss of time"
9insurance, compensation and other cash benefits received from the United States for
10past or present service in the armed forces, scholarship and fellowship gifts or
11income, capital gains, gain on the sale of a personal residence excluded under section
12121 of the internal revenue code, dividends, income of a nonresident or part-year
13resident who is married to a full-year resident, housing allowances provided to
14members of the clergy, the amount by which a resident manager's rent is reduced,
15nontaxable income of an American Indian, nontaxable income from sources outside
16this state and nontaxable deferred compensation. Intangible drilling costs,
17depletion allowances and depreciation, including first-year depreciation allowances
18under section 179 of the internal revenue code, amortization, contributions to
19individual retirement accounts under section 219 of the internal revenue code,
20contributions to Keogh plans, net operating loss carry-backs and carry-forwards
21and, capital loss carry-forwards , and disqualified losses deducted in determining
22Wisconsin adjusted gross income shall be added to “income". “Income" does not
23include gifts from natural persons, cash reimbursement payments made under
24title XX of the federal social security act, surplus food or other relief in kind supplied
25by a governmental agency, the gain on the sale of a personal residence deferred under

1section 1034 of the internal revenue code or nonrecognized gain from involuntary
2conversions under section 1033 of the internal revenue code. Amounts not included
3in adjusted gross income but added to “income" under this subsection in a previous
4year and repaid may be subtracted from income for the year during which they are
5repaid. Scholarship and fellowship gifts or income that are included in Wisconsin
6adjusted gross income and that were added to household income for purposes of
7determining the credit under this subchapter in a previous year may be subtracted
8from income for the current year in determining the credit under this subchapter.
9A marital property agreement or unilateral statement under ch. 766 has no effect in
10computing “income" for a person whose homestead is not the same as the homestead
11of that person's spouse.
AB64-ASA1,1120 12Section 1120 . 71.54 (1) (g) 4. of the statutes is created to read:
AB64-ASA1,664,1713 71.54 (1) (g) 4. Except as provided in subds. 5. and 7., for claims filed in 2018
14and thereafter and based on property taxes accrued or rent constituting property
15taxes accrued during the previous year, no credit may be allowed under this
16paragraph unless the claimant or the claimant's spouse is over the age of 61 at the
17close of the year to which the claim relates.
AB64-ASA1,1121 18Section 1121 . 71.54 (1) (g) 5., 6. and 7. of the statutes are created to read:
AB64-ASA1,664,2119 71.54 (1) (g) 5. For claims filed in 2018 and thereafter and based on property
20taxes accrued or rent constituting property taxes accrued during the previous year,
21no credit may be allowed under this paragraph unless the claimant is disabled.
AB64-ASA1,664,2522 6. With regard to a claimant who is disabled, the claimant shall provide with
23his or her return proof that his or her disability is in effect for the taxable year to
24which the claim relates. Proof of disability may be demonstrated by any of the
25following:
AB64-ASA1,665,2
1a. A statement from the Veteran's Administration certifying that the claimant
2is receiving a disability benefit due to 100 percent disability.
AB64-ASA1,665,43 b. A document, or copy of a document, from the Social Security Administration
4stating the date the disability began.
AB64-ASA1,665,75 c. A statement from a physician, as defined in s. 448.01 (5), stating the
6beginning date of the disability and whether the disability is permanent or
7temporary.
AB64-ASA1,665,128 7. For claims filed in 2018 and thereafter and based on property taxes accrued
9or rent constituting property taxes accrued during the previous year, with regard to
10a claimant who is not disabled or who is under the age of 62 at the close of the year
11to which the claim relates, no credit may be allowed under this paragraph if the
12claimant had no earned income in the taxable year to which the claim relates.
AB64-ASA1,1125 13Section 1125 . 71.55 (10) of the statutes is created to read:
AB64-ASA1,665,1814 71.55 (10) Farmers. Notwithstanding the provision in s. 71.52 (6) that requires
15the addition of certain disqualified losses to income, such an addition may not be
16made by a claimant who is a farmer whose primary income is from farming and
17whose farming generates less than $250,000 in gross receipts from the operation of
18farm premises in the year to which the claim relates.
AB64-ASA1,1125s 19Section 1125s. 71.613 (2) (intro.) of the statutes is amended to read:
AB64-ASA1,666,320 71.613 (2) Filing claims. (intro.) Subject to the limitations and conditions
21provided in sub. (3), a claimant may claim as a credit against the tax imposed under
22s. 71.02, 71.08, 71.23, or 71.43, an amount calculated by multiplying the claimant's
23qualifying acres by one of the following amounts, and if the allowable amount of the
24claim exceeds the income taxes otherwise due on the claimant's income or if there are
25no Wisconsin income taxes due on the claimant's income, the amount of the claim not

1used as an offset against income taxes shall be certified by the department of revenue
2to the department of administration for payment to the claimant by check, share
3draft, or other draft from the appropriation under s. 20.835 (2) (do):
AB64-ASA1,1127 4Section 1127 . 71.65 (2) (b) of the statutes is amended to read:
AB64-ASA1,666,205 71.65 (2) (b) Every resident of this state and every nonresident carrying on
6activities within this state, whether taxable or not under this chapter, who pays in
7any calendar year for services performed within this state by an individual
8remuneration which that is excluded from the definition of wages, in the amount of
9$600 or more, shall, on or before February 28 January 31 of the year following the
10year in which the payments are made, furnish a statement, in such form as required
11by the department, disclosing the name of the payor, the name and address of the
12recipient of the payment, and the total amount paid in such the calendar year to such
13the recipient. The person who pays for the services shall, on or before January 31
14of the year in which the statement is required to be furnished to the department
that
15deadline
, furnish the recipient of the payment with a copy of that the statement. In
16any case in which an individual receives wages and also remuneration for services
17which remuneration is excluded from such definition, both from the same payor, the
18wages and the excluded remuneration shall both be reported in the report required
19under this subsection in a manner satisfactory to the department, regardless of the
20amount of the excluded remuneration.
AB64-ASA1,1128 21Section 1128 . 71.65 (5) (a) (intro.), 1. and 2. of the statutes are consolidated,
22renumbered 71.65 (5) (a) and amended to read:
AB64-ASA1,667,223 71.65 (5) (a) If an employer applies for an extension and shows good cause why
24an extension should be granted, the department may grant the following extensions
25for the following statements: 1. Thirty days
a 30-day extension for filing a wage

1statement under sub. (1) or, an annual reconciliation report under sub. (3) (a) or (d).
22. Sixty days for filing
, or a statement of nonwage payments under sub. (2) (b).
AB64-ASA1,1131 3Section 1131 . 71.70 (1) of the statutes is amended to read:
AB64-ASA1,667,154 71.70 (1) Persons other than corporations. Persons other than corporations
5deducting rent or royalties in determining taxable income shall file a report that
6shows the amounts and the name and address of all natural persons each individual
7who are residents is a resident of this state and to whom royalties of $600 or more
8were are paid during the taxable year; and the amounts and the name and address
9of all natural persons each individual to whom rent of $600 or more is paid during
10the taxable year for property having a situs in this state. Such information shall be
11filed
The person who deducts rent or royalties shall file the report on or before
12February 28 January 31 of the year following the year in which the payments were
13are made. The person who deducts rent or royalties shall, on or before January 31
14of the year in which the report is required to be furnished
that deadline, furnish the
15recipient of the payment with a copy of that the report.
AB64-ASA1,1132 16Section 1132 . 71.70 (2) of the statutes is amended to read:
AB64-ASA1,667,2317 71.70 (2) Corporations. All corporations doing business in this state shall file,
18on or before March 15 January 31, any information relative to payments made
19within the preceding calendar year of rents and royalties to all natural persons
20individuals taxable thereon under this chapter. A The corporation that makes the
21payment
shall, on or before January 31 of the year in which the statement is required
22to be furnished to the department
that deadline, furnish the recipient of the payment
23with a copy of that the statement.
AB64-ASA1,1133 24Section 1133 . 71.71 (title) of the statutes is amended to read:
AB64-ASA1,667,25 2571.71 (title) Wages subject to withholding.
AB64-ASA1,1134
1Section 1134. 71.715 of the statutes is created to read:
AB64-ASA1,668,11 271.715 Wages not subject to withholding. (1) Statement employer must
3furnish to employee
. (a) Every employer, as defined in s. 71.63 (3), that pays in any
4calendar year wages, as defined in s. 71.63 (6), to an employee, as defined in s. 71.63
5(2), from which the employer was not required to deduct and withhold from the
6employee under the general withholding provisions of subch. X., shall furnish to the
7employee, with respect to the wages paid by the employer to the employee during a
8calendar year, on or before January 31 of the year following the year in which the
9wages are paid, or, if the employee's employment is terminated before the close of a
10calendar year, on the day on which the last payment of wages is made, 2 legible copies
11of a written statement showing all of the following:
AB64-ASA1,668,1312 1. The name of the employer and the employer's Wisconsin income tax
13identification number, if any.
AB64-ASA1,668,1414 2. The name of the employee and the employee's social security number, if any.
AB64-ASA1,668,1615 3. The total amount of wages the employer paid in the calendar year to the
16employee.
AB64-ASA1,668,1817 (b) An employee that receives a statement under par. (a) shall furnish the
18department one copy of the statement along with the employee's return for the year.
AB64-ASA1,668,23 19(2) Statement employer must file. Every employer required to furnish a
20statement under sub. (1) (a) shall file, with respect to the wages paid by the employer
21to an employee as described in sub. (1) during the calendar year, on or before January
2231 of the year following the year in which the wages are paid, one copy of the
23statement.
AB64-ASA1,1135 24Section 1135 . 71.72 of the statutes is amended to read:
AB64-ASA1,669,16
171.72 Statement of nonwage payments. Every resident of this state and
2every nonresident carrying on activities within this state, whether taxable or not
3under this chapter, who pays in any calendar year for services performed within this
4state by an individual remuneration which that is excluded from the definition of
5wages in s. 71.63 (6), in the amount of $600 or more, shall, on or before February 28
6January 31 of the year following the year in which the payments were are made, file
7a statement disclosing the name of the payor, the name and address of the recipient
8of the payment, and the total amount paid in such the calendar year to such the
9recipient. The person who pays for the services shall, on or before January 31 of the
10year in which the statement is required to be furnished to the department
that
11deadline
, furnish the recipient of the payment with a copy of that the statement. In
12any case in which an individual receives wages, as defined in s. 71.63 (6), and also
13remuneration for services which remuneration is excluded from such definition, both
14from the same payor, the wages and the excluded remuneration shall both be
15reported in the statement required by s. 71.71 (2) in a manner satisfactory to the
16department, regardless of the amount of the excluded remuneration.
AB64-ASA1,1136 17Section 1136 . 71.73 (2) (intro.), (a), (b) and (c) of the statutes are consolidated,
18renumbered 71.73 (2) and amended to read:
AB64-ASA1,669,2419 71.73 (2) Extensions. If an employer a person applies for an extension and
20shows good cause why an extension should be granted, the department of revenue
21may grant the following extensions for the following statements: (a) Sixty days a
2230-day extension
for filing a rent and royalty statement under s. 71.70. (b) Thirty
23days for filing
, a wage statement under s. 71.71 . (c) Sixty days for filing, a wage
24statement under s. 71.715, or
a statement of nonwage payments under s. 71.72.
AB64-ASA1,1139 25Section 1139 . 71.75 (7m) of the statutes is created to read:
AB64-ASA1,670,4
171.75 (7m) The department shall not issue a refund to an employed individual
2before March 1 unless both the individual and the individual's employer have filed
3all required returns and forms with the department for the taxable year for which
4the individual claims a refund.
AB64-ASA1,1140 5Section 1140 . 71.77 (2n) of the statutes is created to read:
AB64-ASA1,670,96 71.77 (2n) Notwithstanding sub. (2), the department may make an assessment
7within one year of receiving notice of revocation from the Wisconsin Economic
8Development Corporation to recover all or a part of any tax credit claimed by a
9taxpayer, but revoked by the corporation.
AB64-ASA1,1151 10Section 1151 . 71.80 (20) of the statutes is amended to read:
AB64-ASA1,670,1411 71.80 (20) Electronic filing. If a person is required to file 50 10 or more wage
12statements or 50 10 or more of any one type of information return with the
13department, the person shall file the statements or the returns electronically, by
14means prescribed by the department.
AB64-ASA1,1152 15Section 1152 . 71.80 (25) of the statutes is created to read:
AB64-ASA1,670,2016 71.80 (25) Net operating and business loss carry-forward and carry-back.
17(a) No offset of Wisconsin income may be made under s. 71.05 (8) (b) 1., 71.26 (4) (a),
18or 71.45 (4) (a) unless the incurred loss was computed on a return that was filed
19within 4 years of the unextended due date for filing the original return for the taxable
20year in which the loss was incurred.
AB64-ASA1,670,2321 (b) No carry-back of a loss may be allowed under s. 71.05 (8) (b) 1. unless
22claimed within 4 years of the unextended due date for filing the original return for
23the taxable year to which the loss is carried back.
AB64-ASA1,1153 24Section 1153 . 71.83 (1) (cf) of the statutes is created to read:
AB64-ASA1,671,9
171.83 (1) (cf) Inconsistent estate basis reporting. If any portion of an
2underpayment of tax required to be shown on a Wisconsin return is the result of an
3inconsistent estate basis reporting, there shall be added to the tax an amount equal
4to 20 percent of that portion of the underpayment. For purposes of this paragraph,
5an inconsistent estate basis reporting occurs if the property basis claimed on a
6Wisconsin return exceeds the property basis determined under section 1014 (f) of the
7Internal Revenue Code. The department shall assess, levy, and collect the penalty
8under this paragraph in the same manner as it assesses, levies, and collects taxes
9under this chapter.
AB64-ASA1,1160d 10Section 1160d. 71.98 (8) of the statutes is created to read:
AB64-ASA1,671,1411 71.98 (8) Charitable distributions from an individual retirement account.
12 For taxable years beginning after December 31, 2017, section 408 (d) (8) of the
13Internal Revenue Code, relating to a tax-free qualified charitable distribution from
14an individual retirement account directly to a charitable organization.
AB64-ASA1,1162 15Section 1162 . 73.03 (69) (b) 1. of the statutes is amended to read:
AB64-ASA1,671,2216 73.03 (69) (b) 1. The business has at least 2 full-time employees and the
17amount of payroll compensation paid by the business in this state is equal to at least
1850 percent of the amount of all payroll compensation paid by the business. An
19employee of a professional employer organization, as defined in s. 202.21 (5), or a
20professional employer group, as defined in s. 202.21 (4), who is performing services
21for a client is considered an employee solely of the client for purposes of this
22subdivision.
AB64-ASA1,1162m 23Section 1162m. 73.03 (71) (b) of the statutes is amended to read:
AB64-ASA1,672,624 73.03 (71) (b) After the department makes the determination under par. (a),
25the department shall determine how much the individual income tax rates under s.

171.06 may be reduced in the following taxable year in order to eliminate the
2alternative minimum tax under s. 71.08 and
decrease individual income tax revenue
3by the amount determined under par. (a). For purposes of this paragraph, the
4department shall calculate the tax rate reductions in proportion to the share of gross
5tax attributable to each of the tax brackets under s. 71.06 in effect during the most
6recently completed taxable year.
AB64-ASA1,1162n 7Section 1162n. 73.03 (71) (c) of the statutes is amended to read:
AB64-ASA1,672,138 73.03 (71) (c) The department shall certify the determinations made under
9pars. (a) and (b) to the secretary of the department of administration, to the governor,
10and to the legislature and specify with that certification that the elimination of the
11alternative minimum tax and
the new tax rates take effect in the taxable year
12following the taxable year in which the department makes the certification under
13this paragraph.
Loading...
Loading...