Wisconsin Transfer of Supplement to Federal Historic Rehabilitation Credit

Transfer of Supplement to Federal Historic Rehabilitation Credit
2023 IC-134 Form HR-T Transfer of Supplement to Federal Historic Rehabilitation Credit (fillable)
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Form

HR-T

Wisconsin
Department of Revenue

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Transfer of Supplement to the
Federal Historic Rehabilitation Credit

Clear

2023

A. Transferor Information
Entity Legal Name (if applicable)

Federal Employer ID Number

XX - XXX
Legal Last Name

M.I.

Legal First Name

Social Security Number

XXX - XX Address

Suite Number

City

State

Email

Zip Code

Phone Number

If LLC, how is LLC classified?

Partnership

Disregarded entity	

Corporation

Check if you want to allow the contact person listed below to discuss information about this form with the department
Contact Person (May need Power of Attorney. See Instructions)

Email

B. Rehabilitated Property
Address

City

State

Zip Code

C. Transferee Information
Federal Employer ID Number

Entity Legal Name (if applicable)

XX - XXX
Legal Last Name

Legal First Name

M.I.

Social Security Number

XXX - XX If LLC, how is LLC classified?

Partnership

Corporation

Disregarded entity	

D. Credit Information
	

1	

Check the box to indicate the election chosen:

	

a	 This credit is claimed based on when the rehabilitation work was completed  .  .  .  .  .  .  .  .  .  .  .  .  . 	 1a

	

b	 This credit is claimed based on when the expenditures are paid  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 1b

	

c	 Enter the date on which the 24- or 60-month measuring period begins  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 1c

	

d	 Enter the date on which the 24- or 60-month measuring period ends  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 1d

	

e	 Enter the total qualifying expenditures incurred on the project to date  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 1e

.00

	
f	 Enter the qualified rehabilitation expenditures on which the credit is computed
		 for the current taxable year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 	 1f

.00

	

.00

2	

Enter 20% of the amount on line 1f, round to the nearest dollar  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 2

IC-134 (R. 4-23)

M

M

D

D

Y

Y

Y

Y

M

M

D

D

Y

Y

Y

Y

Form HR-T

2023

D. Credit Information Continued
	

3	
		

If the credit is required to be claimed ratably over a five-year period, enter the amount of credit claimed each year (from
Schedule HR-5):

	

a	 2023 – Multiply line 2 by 20% (.20)  .  .  .  .  .  .  .  . 	 3a

.00

	

b	 2024 – Multiply line 2 by 20% (.20)  .  .  .  .  .  .  .  . 	 3b

.00

	

c	 2025 – Multiply line 2 by 20% (.20)  .  .  .  .  .  .  .  . 	 3c

.00

	

d	 2026 – Multiply line 2 by 20% (.20)  .  .  .  .  .  .  .  . 	 3d

.00

	

e	 2027 – Multiply line 2 by 20% (.20)  .  .  .  .  .  .  .  . 	 3e

.00

	

f	 Total (add lines 3a through 3e)  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 3f

	

4	

	

.00

Historic rehabilitation credit passed through or transferred from other taxpayers or entities:
4a	 Entity Name
Amount

.00

Amount

.00

	

4c	 Total credits from additional schedule  .  .  .  .  .  .  .  .  .  . 	 4c

.00

	

4d	 Total credits (add lines 4a through 4c)  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 4d

.00

	

5	

Carryover of unused supplement to the federal historic rehabilitation tax credits  .  .  .  .  .  .  .  .  .  .  .  .  . 	 5

.00

	

6	

Total credits available to be transferred. If the transition rule applies add lines 2, 4d and 5.

	FEIN	
	

4b	 Entity Name

	FEIN	

		

If the transition rule does not apply, add lines 3f, 4d and 5  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 6

.00

	

Amount of credit from line 6 to be transferred  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	 7

.00

7	

E. Signature of Transferor or Authorized Representative
I hereby certify that to the best of my knowledge and belief 1) the above-listed expenditures were paid during the period specified
and are qualified under section 47(c)(2) of the Internal Revenue Code and 2) the above-listed transferee is subject to Wisconsin
income or franchise tax under s.  71.02, 71.08, 71.23, or 71.43, Wis.  Stats. or is selling or otherwise transferring the credit to
another person who is subject to Wisconsin income or franchise tax under s. 71.02, 71.08, 71.23, or 71.43, Wis. Stats.
Print Name

Signature

Date

-2-