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Wisconsin Form 2 - Additions to and Subtractions from Income
Extracted from PDF file 2023-wisconsin-schedule-2m.pdf, last modified August 2015Form 2 - Additions to and Subtractions from Income
Save Tab to navigate within form. Use mouse to check applicable boxes, press spacebar or press Enter. Schedule 2M Wisconsin Department of Revenue Name of estate or trust Form 2 – Additions to and Subtractions from Income Decedent’s social security number Clear Print 2023 Estate or trust federal EIN See the instructions for Schedule A of Form 2 for further information on these additions and subtractions. Part I – Additions to Income Taxable to the Estate or Trust (Nondistributable Income) 1 Farmland preservation credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 .00 2 Enterprise zone jobs credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 .00 3 Development zones credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 .00 4 Business moving expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 .00 5 Reserved for future use. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 .00 6 Economic development tax credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 .00 7 Jobs tax credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 .00 8 Capital investment credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 .00 9 Community rehabilitation program credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 .00 10 Manufacturing / Agriculture credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 .00 11 Business development credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 .00 12 Federal net operating loss carryover . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 .00 13 Passive foreign investment company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 .00 14 Addition for certain expenses paid to related entities . . . . . . . . . . . . . . . . . . . . . . . 14 .00 15 Lump-sum distribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 .00 16 Transitional adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 .00 17 Distributive share of pass-through entity adjustments . . . . . . . . . . . . . . . . . . . . . . 17 .00 18 Adjustment to ordinary gain or loss reported on federal Form 4797 . . . . . . . . . . . . 18 .00 19 Addition for difference in federal and Wisconsin basis of assets . . . . . . . . . . . . . . 19 .00 20 ABLE accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 .00 21 Electronics and information technology manufacturing zone credit . . . . . . . . . . . . 21 .00 22 Add lines 1 through 21. Resident estates and trusts fill in on line 5, COL. 2, of Schedule A of Form 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 .00 Part-year and nonresident estates and trusts must use the additions from Part I to complete Part I of Schedule NR. I-035 (R. 8-23) 2023 Schedule 2M Name of estate or trust Page 2 of 2 Decedent’s social security number Estate or trust federal EIN Part II – Subtractions from Income Taxable to the Estate or Trust (Nondistributable Income) 23 Farm loss carryover . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 .00 24 Recoveries of federal itemized deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 .00 25 Wisconsin net operating loss carryforward . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 .00 26 Retirement funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 .00 27 Amounts not taxable by Wisconsin . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 .00 28 Repayment of income previously taxed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 .00 29 Subtraction for certain expenses paid to related entities . . . . . . . . . . . . . . . . . . . . 29 .00 30 Interest, rental payments, intangible expenses, and management fees, reported as income by a related entity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 .00 31 Transitional adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 .00 32 Distributive share of pass-through entity adjustments . . . . . . . . . . . . . . . . . . . . . . 32 .00 33 Adjustment to ordinary gain or loss reported on federal Form 4797 . . . . . . . . . . . . 33 .00 34 Subtraction for difference in federal and Wisconsin basis of assets . . . . . . . . . . . . 34 .00 35 ABLE accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 .00 36 Add lines 23 through 35. Resident estates and trusts fill in on line 11, COL. 2, of Schedule A of Form 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 .00 Part-year and nonresident estates and trusts must use the subtractions from Part II to complete Part I of Schedule NR.
2023 I-035 Wisconsin Schedule 2M, Form 2 - Additions to and Subtractions from Income (fillable)
More about the Wisconsin Schedule 2M Corporate Income Tax TY 2023
We last updated the Form 2 - Additions to and Subtractions from Income in February 2024, so this is the latest version of Schedule 2M, fully updated for tax year 2023. You can download or print current or past-year PDFs of Schedule 2M directly from TaxFormFinder. You can print other Wisconsin tax forms here.
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 |
|---|---|
| Form 2 | Wisconsin Fiduciary Income Tax for Estates or Trusts |
| Schedule CC | Request for a Closing Certificate for Fiduciaries |
| Form 4 | Wisconsin Non-Combined Corporation Franchise or Income Tax Return |
| Schedule 5K-1 | Tax-Option (S) Corporation Shareholder's Share of Income, Deductions, Credits, etc. |
| Form 3 | Form 3 Partnership Return |
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 2M from the Department of Revenue in February 2024.
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 2M
We have a total of nine past-year versions of Schedule 2M in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2023 Schedule 2M
2023 I-035 Wisconsin Schedule 2M, Form 2 - Additions to and Subtractions from Income (fillable)
2022 Schedule 2M
2022 I-035 Wisconsin Schedule 2M, Form 2 - Additions to and Subtractions from Income
2021 Schedule 2M
2021 I-035 Wisconsin Schedule 2M, Form 2 - Additions to and Subtractions from Income (fillable)
2019 Schedule 2M
2019 I-035 Wisconsin Schedule 2M, Form 2 - Additions to and Subtractions from Income
2018 Schedule 2M
2018 I-035 Wisconsin Schedule 2M, Form 2 - Additions to and Subtractions from Income
2017 Schedule 2M
2017 I-035 Wisconsin Schedule 2M - Form 2 - Additions to and Subtractions from Income
2016 Schedule 2M
2016 I-035 Wisconsin Schedule 2M, Form 2 - Additions to and Subtractions from Income
2015 Schedule 2M
2015 I-035 Wisconsin Schedule 2M, Form 2 - Additions to and Subtractions from Income (fillable)
2013 Schedule 2M
2013 I-035 Wisconsin Schedule 2M, Form 2 - Additions to and Subtractions from Income (fillable)
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