Screen WIFC - Wisconsin Farmland Preservation Credit (1120)

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General Information

Number of acres of land on which claim is based
Enter the number of acres of land on which the claim is based. Enter the total number of acres even if the property is co-owned. To receive a credit for farmland preservation, the total number of acres claimed must be based on 35 or more acres.
Foreign country
If you are electronically filing a return with a foreign address, enter the country code or select a code from the drop-down list. The application does not print the country code on Schedule FC, but it is included in the electronic file.

Household Income

Corporations income
Enter the amount of income reported on Form 4, line 5. Farm business losses are subtracted from the amount entered on this field. This amount is reported on Schedule FC, line 8b.
Farm business losses
Enter the amount of farm business losses. This amount is subtracted from the corporate income.

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