Screen WIK1-2 - Wisconsin Passthrough Schedule 3K-1 - Deductions (1065)

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Deductions

Section 179 expense deduction
Enter the passthrough Section 179 expense deduction in this field. The amount entered here is added to the partnership’s total Section 179 expense (subject to the Section 179 expense limitation) and appears on Form 3, line 12, column d.
Other deductions
The application automatically transfers amounts from the federal K1-2 screen to this statement. To classify a statement item for Wisconsin purposes, enter the appropriate code from the fieldview list of available options.

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