Wisconsin Beneficiary's Share of Income, Deductions, etc.

Beneficiary's Share of Income, Deductions, etc.
2023 I-021 Schedule 2K-1, Beneficiary's Share of Income, Deductions, etc. (fillable)Tab to navigate within form. Use mouse to check
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2023

Beneficiary’s Share of Income, Deductions, etc.

Schedule

2K-1

Wisconsin
Department of Revenue

For calendar year 2023 or tax year beginning

M

M

D

D

2 0 2 3
Y

Y

Y

Y

and ending

M

Clear

M

D

D

2 0
Y

Y

Y

Y

Part I: Information About the Estate or Trust
Name of Estate or Trust

Estate’s or Trust’s FEIN

Estate’s or Trust’s Address

Estate’s or Trust’s City

State

Estate’s or Trust’s Zip Code

Part II: Information About the Beneficiary
Beneficiary’s Business Name

Beneficiary’s FEIN

Beneficiary’s Last Name

Beneficiary’s First Name

Beneficiary’s Address

Beneficiary’s City

Beneficiary’s SSN

M.l.
State

Beneficiary’s Zip Code

If the beneficiary is a disregarded entity or trust, enter the name and identifying number of the taxpayer to whom this income will be reported:
Business’s Name

Business’s FEIN
Individual’s First Name

Individual's Last Name

A	 Check if applicable:

Final 2K-1

M.I.

Individual’s SSN

Amended 2K-1

B	 Beneficiary’s state of residence
C		

Check if beneficiary is a nonresident and filed Form PW-2
to opt out of pass-through entity withholding

D		

Check if a lower tier entity made an election to pay tax at the entity
level pursuant to s. 71.21(6)(a) or 71.365(4m)(a), Wis. Stats., (see instructions)

Part III	 Beneficiary’s Share of Current Year Income, Deductions, Credits, and Other Items	
(a)

(b)

(c)

Distributive share items

Federal amount

Adjustment

1	 Interest income  . . . . . . . . . . . . . .  1

1

2	 Ordinary dividends  . . . . . . . . . . .  	2

2

3	 Net short-term capital gain . . . . . .  	3

3

4a	 Net long-term capital gain . . . . . . .  	4a	

4a

		b	 Portion of the amount on line 4a,
that is attributable to gain on the
sale of farm assets  . . . . . . . . . . . .  	4b	

4b

5	 Other portfolio income . . . . . . . . . . 	5

5

6	 Ordinary business income  . . . . . .  	6

6

7	 Net rental real estate income . . . .  	7

7

8	 Other rental income  . . . . . . . . . . .  	8

8

9	 Directly apportioned deductions (list)
a		

9a	

9a

b		

9b	

9b

c		

9c	

9c

9d	

9d

	 d	 Total (add lines 9a through 9c) 	

	10	 Estate tax deduction (see inst.)  . . 10
I-021 (R. 8-23)

NO COMMAS; NO CENTS

(d)
Amount under
Wis. law

10

(e)
Wis. source amount
(see Form 2 instructions)

2023 Schedule 2K-1 Beneficiary's Name

ID Number

Page 2 of 2

Part III	 Beneficiary’s Share of Current Year Income, Deductions, Credits, and Other Items	
(a)

(b)

(c)

Distributive share items

Federal amount

Adjustment

11	 	 Final year deductions (list, see inst.)
	 a	

11a	

11a

	 b	

11b	

11b

	 c	

11c	

11c

	 d	

11d	

11d

	 e	 Total (add lines 11a through 11d) 	11e	

11e

12		 Alternative minimum tax item (list):
	 a			

12a

	 b			

12b

	 c			

12c

13		 Other information (list):
	 a	
	
	 b	
	
	 c	

13a	

13a	

13b	

13b	

13c	

13c

14a		 Related entity expense addback . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  	 14a
	 b	 	 Related entity expense allowable  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  	 14b
15	

Wisconsin credits:

	 a	

Schedule	

NO COMMAS; NO CENTS

(d)
Amount under
Wis. law

 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 	 15a

	 b	Schedule	

 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 	 15b

	 c	

Schedule	

 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 	 15c

	 d	 Schedule	

 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 	 15d

	 e	 Schedule	
	
	 f	 Schedule	
	
	 g	 Schedule	

 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 	 15e

	 h	 Schedule	

 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 	 15h

	 i	

Schedule	

 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 	 15i

	 j	

Wisconsin tax withheld (Do NOT include withholding from Forms 1099-R, W-2, and W2-G) . . 	 15j

16	

Income (loss)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 	 16

 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 	 15f
 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 	 15g

(e)
Wis. source amount
(see Form 2 instructions)

Extracted from PDF file 2023-wisconsin-schedule-2k-1.pdf, last modified August 2015

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More about the Wisconsin Schedule 2K-1 Corporate Income Tax TY 2023

We last updated the Beneficiary's Share of Income, Deductions, etc. in February 2024, so this is the latest version of Schedule 2K-1, fully updated for tax year 2023. You can download or print current or past-year PDFs of Schedule 2K-1 directly from TaxFormFinder. You can print other Wisconsin tax forms here.

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Other Wisconsin Corporate Income Tax Forms:

TaxFormFinder has an additional 88 Wisconsin income tax forms that you may need, plus all federal income tax forms.

Form Code	Form Name
Schedule CC	Request for a Closing Certificate for Fiduciaries
Form 2	Wisconsin Fiduciary Income Tax for Estates or Trusts Tax Return
Schedule 5K-1	Tax-Option (S) Corporation Shareholder's Share of Income, Deductions, Credits, etc. Tax Credit
Form 4	Wisconsin Non-Combined Corporation Franchise or Income Tax Return Tax Return
Form 5S	Form 5S Wisconsin Tax-Option (S) Corporation Franchise or Income Tax Return Tax Return

Download all WI tax forms View all 89 Wisconsin Income Tax Forms

Form Sources:

Wisconsin usually releases forms for the current tax year between January and April. We last updated Wisconsin Schedule 2K-1 from the Department of Revenue in February 2024.

Show Sources >

About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of Wisconsin Schedule 2K-1

We have a total of eleven past-year versions of Schedule 2K-1 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:

2023 Schedule 2K-1

2023 I-021 Schedule 2K-1, Beneficiary's Share of Income, Deductions, etc. (fillable)

2022 Schedule 2K-1

2022 I-021 Schedule 2K-1, Beneficiary's Share of Income, Deductions, etc. (fillable)

2020 Schedule 2K-1

2020 Schedule 2K-1 Beneficiary's Share of Income, Deductions, etc.

2019 Schedule 2K-1

2019 Schedule 2K-1 Beneficiary's Share of Income, Deductions, etc.

2018 Schedule 2K-1

2018 Schedule 2K-1 Beneficiary's Share of Income, Deductions, etc.

2017 Schedule 2K-1

2017 Schedule 2K-1 Beneficiary's Share of Income, Deductions, etc.

2016 Schedule 2K-1

2016 I-021 Wisconsin Schedule 2K-1, Beneficiary's Share of Income, Deductions, etc.

2015 Schedule 2K-1

2015 I-021 Wisconsin Schedule 2K-1, Beneficiary's Share of Income, Deductions, etc. (fillable)

Beneficiary's Share of Income, Deductions, etc. | Instructions | Fill-In Form

2013 Schedule 2K-1

2013 I-021 Wisconsin Schedule 2K-1, Beneficiary's Share of Income, Deductions, etc. (fillable)

2012 Schedule 2K-1

2012 I-021 Wisconsin Schedule 2K-1, Beneficiary's Share of Income, Deductions, etc.

2011 Schedule 2K-1

2011 2K-1 Beneficiary's Share of Income, Deductions, etc. (pdf fillable format)

TaxFormFinder Disclaimer:

While we do our best to keep our list of Wisconsin Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.