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Screen WIK1-4 - Wisconsin Passthrough Schedule 3K-1 - AMT and Other (1065)

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Tax-Exempt Income and Nondeductible Expenses

Tax-exempt interest income
The application automatically transfers amounts from the K1-5 federal scren to this statement. To exclude an item from the state return, delete the amount, enter a zero, or delete the entire line item from the statement. The application displays the modified column in black and will not overwrite the new data with subsequent federal-to-state data transfers. For more information (including details on setting a user preference to mark fields for which you overruled the transferred amount), refer to the statements overview.
Other tax-exempt income
The application automatically transfers amounts from K1-5 federal screen to this statement. To exclude an item from the state return, delete the amount, enter a 0, or delete the entire line item from the statement. The application displays the modified column in black and will not overwrite the new data with subsequent federal-to-state data transfers. For more information (including details on setting a user preference to mark fields for which you overruled the transferred amount), refer to the statements overview.
Other nondeductible expenses
The application automatically transfers amounts from the K1-5 federal screen to this statement. To exclude an item from the state return, delete the amount, enter a 0, or delete the entire line item from the statement. The application displays the modified column in black and will not overwrite the new data with subsequent federal-to-state data transfers. For more information (including details on setting a user preference to mark fields for which you overruled the transferred amount), refer to the statements overview.
Nondeductible entertainment
The application automatically transfers amounts from the K1-5 federal screen. To exclude an item from the state return, delete the amount or enter 0. The application displays the modified column in black and will not overwrite the new data with subsequent federal-to-state data transfers.
Nondeductible expenses subject to 2%
The application automatically transfers the amount from the K1-5 federal screen to this field. To exclude an item from the state return, delete the amount, enter a 0, or delete the entire line item from the statement. The application displays the modified column in black and will not overwrite the new data with subsequent federal-to-state data transfers. For more information (including details on setting a user preference to mark fields for which you overruled the transferred amount), refer to the statements overview.

Related Entity Expenses

Related entity expense addback
Enter any related entity expense addback. The amount entered here and in the WIK-4 screen appears on line 21a of Form 3 and Schedule 3K-1.

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