Screen WIMI — Wisconsin Manufacturing Investment Credit (1040)

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Overview

Use this screen to enter information to complete Schedule MI.

Credit Information

Enter information in these fields to complete the amount of manufacturer’s sales tax credit carryover certified by the former Wisconsin Department of Commerce and the Manufacturing investment credit information passed through from tax-option (S) corporations.
Manufacturer’s sales tax credit carryover
Enter the amount of manufacturer’s sales tax credit carryover shown on the approved copy of your application to the Department of Commerce.
Credit passed through from other entities
Enter the amount of manufacturing investment credit passed through from tax-option (S) corporations which computed the credit based on manufacturer’s sales tax credit carryover from years when the entity didn’t pass the credit through to shareholders.

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