Wisconsin Wisconsin Corporation Declaration of Inactivity

Wisconsin Corporation Declaration of Inactivity
2023 IC-046 Form 4H Wisconsin Corporation Declaration of Inactivity (fillable)
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Instructions

Form

4H

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Wisconsin Corporation
Declaration of Inactivity

2023

Tab to navigate within form. Use mouse to check
applicable boxes, press spacebar or press Enter.

2 0 2 3

For calendar year 2023 or tax year beginning

DO NOT STAPLE OR BIND

Clear

M

M

D

D

Y

Y

Y

2 0

and ending

Y

M

M

D

D

Y

Y

Y

Y

Due Date: 15th day of 4th month following close of taxable year.

Complete form using BLACK INK.

A1  Federal Employer ID Number (FEIN)

Corporation Name
Number and Street

A2  Wisconsin Tax Number (WTN)

Suite Number

City

ZIP (+ 4 digit suffix if known) B  State of Incorporation	

State

C	Enter  if you have an extension of time to file. Enter extended due date	

.
M

M

D

D

Y

Y

Y

and 	

Enter abbreviation
of state in box, or
if a foreign country,
enter below.

Y

Y

Year

Y

Y

Y

Corporation Balance Sheets
ENTER NEGATIVE NUMBERS LIKE THIS  –1000
NOT LIKE THIS  (1000) NO COMMAS; NO CENTS
	 1	Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  	 1
	 2	 Net trade notes and accounts receivable. . . . . . . . . . . . . . .  	 2
	 3	Inventories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  	 3
	 4	 Government obligations. . . . . . . . . . . . . . . . . . . . . . . . . . . .  	 4
	 5	 Other current assets (attach schedule) . . . . . . . . . . . . . . . .  	 5
	 6	 Loans to stockholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  	 6
	 7	 Mortgage and real estate loans. . . . . . . . . . . . . . . . . . . . . .  	 7
	 8	 Other investments (attach schedule). . . . . . . . . . . . . . . . . .  	 8
	 9	 Net buildings and other fixed depreciable assets. . . . . . . . .  	 9
	10	 Net depletable assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  	10
	11	 Land (net of any amortization). . . . . . . . . . . . . . . . . . . . . . .  	 11
	12	 Intangible assets (amortizable only). . . . . . . . . . . . . . . . . . . 	12
	13	 Other assets (attach schedule) . . . . . . . . . . . . . . . . . . . . . .  	13
	14	 Total assets .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	14
	15	 Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  	15
	16	 Mortgages, notes, bonds payable in less than 1 year . . . . .  	16
	17	 Other current liabilities (attach schedule). . . . . . . . . . . . . . .  	17
	18	 Loans from stockholders. . . . . . . . . . . . . . . . . . . . . . . . . . .  	18
	19	 Mortgages, notes, bonds payable in 1 year or more . . . . . .  	19
	20	 Other liabilities (attach schedule). . . . . . . . . . . . . . . . . . . . .  	20

(a) Beginning of
Taxable Year

(b) End of
Taxable Year

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	21	 Capital stock:
		a Preferred stock. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  	 21a
		b Common stock. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  	21b
	22	 Paid-in or capital surplus. . . . . . . . . . . . . . . . . . . . . . . . . . .  	22
	23	 Retained earnings — Appropriated . . . . . . . . . . . . . . . . . . .  	23
	24	 Retained earnings — Unappropriated. . . . . . . . . . . . . . . . .  	24
	25	 Adjustments to shareholders’ equity . . . . . . . . . . . . . . . . . .  	25
	26	 Less: Cost of treasury stock. . . . . . . . . . . . . . . . . . . . . . . . .  	26
	27	 Total liabilities and stockholders’ equity .  .  .  .  .  .  .  .  .  .  .  .  . 	27
IC-046 (R. 9-23)

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2023 Form 4H

Page 2 of 2

	28	 Person to contact concerning this return:	 Name
	

	 Telephone number  (        )	

Fax number  (        )

I, the undersigned authorized officer, declare that the above named corporation has had no income or expense and has been completely
inactive for the entire taxable year shown above. I also declare that the above corporation balance sheets are true and correct.
Signature of Officer

Date

Title

Officer’s State of Residence

Mail to:  Wisconsin Department of Revenue, PO Box 8908, Madison, WI 53708-8908.

Instructions for Form 4H
General Instructions
Purpose of Form 4H
A corporation that has been completely inactive both
in and outside Wisconsin for an entire taxable
year may file Form 4H instead of filing a corporate
franchise or income tax return. If the corporation is a
combined group member, it may file Form 4H instead
of being included in the combined return. Thereafter,
the corporation need not file a corporate franchise or
income tax return, be included in a combined return, or
file Form 4H for any subsequent year unless requested
to do so by the Department of Revenue or unless,
in a subsequent year, the corporation is activated or
reactivated.
Note: By filing Form 4H, a corporation is relieved of the
requirement to file an annual franchise or income tax
return with the Department of Revenue. This exemption
does not extend to reports required by other agencies.
In order for the corporation to continue in good standing,
it must continue to file a Wisconsin Corporation Annual
Report each year with the Corporations Bureau,
Division of Corporate and Consumer Services,
Wisconsin Department of Financial Institutions. Failure
to file this report within a specified period of time may
subject the corporation to administrative dissolution.
Applicable Laws and Rules
This document provides statements or interpretations
of the following provisions of Wisconsin Statutes in
effect as of September 5, 2023: chs. 71 and 77, Wis.
Stats. and chs. Tax 1, 2 and 3 Wis. Adm. Code.

Return to Page 1

Who May Not File Form 4H
A corporation must file a corporate franchise or income
tax return instead of Form 4H in either of the following
cases:
•	 The corporation’s balance sheet for the end of the
taxable year differs from its balance sheet for the
beginning of the taxable year.
•	 The corporation liquidates during the taxable year.
When to File
File Form 4H on or before the 15th day of the fourth
month following the close of the taxable year. Any
extension of time allowed by either the Internal Revenue
Service or the Department of Revenue to file your return
extends the due date for filing Form 4H, provided you
check line C, enter the extended due date, and attach
a copy of your extension to Form 4H. If Form 4H is not
filed on or before the due date or extended due date,
a $150 late filing fee applies.

Specific Instructions
Identifying Number: A1 and A2
Enter either of the following: federal employer
identification number (FEIN) or Wisconsin tax number
(WTN). A FEIN is not required to file this form if you
have a WTN.
Balance Sheets
Complete the balance sheets for the first day and last
day of the taxable year indicated at the top of Form 4H.
If the corporation had no assets or liabilities and capital
on either the first day or the last day of the taxable year,
enter zero (0) on line 14 and on line 27.
Signature on Form 4H
The corporation president must sign Form 4H if the
president is a resident of Wisconsin. Otherwise, another
officer who is a Wisconsin resident should sign Form
4H. If none of the officers are residents of Wisconsin,
Form 4H may be signed by any duly authorized officer.