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Screen WIPW2 - Wisconsin Nonresident Withholding Exemption (1065)

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Reason for Exemption

Wisconsin estimated tax payments paid or carried forward
Enter the total amount of estimated tax payments for this period that have been paid or carried forward for all eligible partners.
Entering an amount in this field marks the box on Form PW-2, Page 2, Part 5, line 1. This amount should be specially allocated to the partners to whom it applies. If this amount isn't specially allocated, the application calculates the partners’ amounts based on profit percentages.
Explanation if amount of estimates is less than amount of tax
If the amount of estimated tax payments is less than the amount of tax for one or more partners, enter an explanation and the amount of the difference in the statement. Enter an amount here only if you entered an amount in the
Wisconsin estimated tax payments paid or carried forward
 field.
This amount should be specially allocated to the partners to which it applies. If this amount isn't specially allocated, the application calculates the partners’ amounts based on profit percentages.
Wisconsin source operating loss carryforward
If one or more partners have net Wisconsin source operating loss carryforwards that exceed their total Wisconsin tax liability, enter details in the statement.
Entering an amount in this statement marks the box on Form PW-2, Page 2, Part 5, line 2. Any amounts entered here should be specially allocated to the partners to which they apply. If any amounts are not specially allocated, the application calculates the partners’ amounts based on profit percentages.
Wisconsin credits or credit carryforwards from other sources
If one or more partners have Wisconsin credits or credit carryforwards from other sources which exceed their total Wisconsin tax liability, enter details in the statement.
Entering an amount in this statement marks the box on Form PW-2, Page 1, Part 5, line 5. Any amounts entered here should be specially allocated to the partners to which they apply. If any amounts are not specially allocated, the application calculates the partners’ amounts based on profit percentages.
Nonresident pass-through entity withholding information
If one or more partners have Wisconsin income from a pass-through entity and are not required to withhold taxes for partners.
Explanation of other reason for exemption
If one or more partners have an explanation for why withholding isn't required, enter details in the statement.

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