Free 2008 IC-057 Form 1CNS - Composite Wisconsin Individual Income Tax Return for Nonresident Tax-Option (S) Corporation Shareholders - Wisconsin

Form

1CNS

Composite Wisconsin Individual Income Tax Return for Nonresident Tax-Option (S) Corporation Shareholders
Check if this is an AMENDED return Corporation Year Ending
M M

2008
D D Y Y Y Y

Due Date: April 15, 2009
DO NOT STAPLE OR BIND

Complete form using BLACk INk.
Tax-Option (S) Corporation Name

Federal Employer ID Number

Number and Street

Person to Contact Regarding This Return

City

State

Zip (+ 4 digit suffix if known) Telephone Number

Fax Number

Number of shareholders included in this return. Caution: Only qualifying shareholders may be included in this return. See instructions for details.
ENTER NEGATIvE NUmBERS LIkE ThIS ­1000

*I1CS08991*
NO COmmAS; NO CENTS

NOT LIkE ThIS (1000)

Schedule 1
1 2 3 4

Tax Computation .00 .00 .00 .00 .00 .00 .00 .00 .00

Wisconsin tax-option (S) corporation income (loss) of qualifying and participating nonresident shareholders from Schedule 2, column D1 . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Tax from Schedule 2, column G . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Alternative minimum tax from Schedule 2, column H . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Add lines 2 and 3. This is the total tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

5a Wisconsin tax withheld from Form PW-1 (from Schedule 2, column I1) . . . . . . . . . . . . . . 5a 5b Wisconsin tax withholding carried over from 2007 Form 1CNS (from Schedule 2, column I2). 5b 5c Add lines 5a and 5b. This is the total Wisconsin tax withheld . . . . . . . . . . . . . . . . . . . . . 5c 6 7 If line 5c is less than line 4, subtract line 5c from line 4 and enter tax due . . . . . . . . . . . 6 If line 5c is more than line 4, subtract line 4 from line 5c and enter overpayment. This is the amount to be refunded to corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

Include a copy of any application for an extension of time to file the return. Don't attach federal Form 1120S, Wisconsin Form 5S, Wisconsin Form PW-1, the federal Schedules K-1, or the Wisconsin Schedules 5K-1 to this return.
I have personally examined this return, including any accompanying schedules and statements, and declare that it is, to the best of my knowledge and belief, a true, correct, and complete report of income under the provisions of Chapter 71 of the Wisconsin Statutes. I also declare that this tax-option corporation has a power of attorney or other written authorization from each qualifying and participating nonresident shareholder to file this composite return on the shareholder's behalf.
Signature of Authorized Officer Individual or Firm Signature of Preparer Title Preparer's Federal Employer ID Number Date Date

SIGNATURES

IF NOT FILING ELECTRONICALLY
IC-057i

Make check payable to and mail return to:

Wisconsin Department of Revenue PO Box 8991 Madison WI 53708-8991

Page 2

Form 1CNS

Schedule 2

Nonresident Shareholders Qualifying and Participating in Composite Return (Attach a separate schedule, if necessary.)
(A) (B) Social Security Number (C) Pro Rata Share (%)
(D1) Shareholder's Share of WI Net Income (Loss) (D2) Shareholder's Share of WI Gross Income (from Sch. 5K-1, line 19) D1 D2

a.

Name and Address of Nonresident Shareholder (and Spouse if Married Filing Jointly)

(E) Federal Adjusted Gross Income From Form 1040

(F) Filing Status (S, H, MFJ, MFS)

(G)

(H) Alternative Minimum Tax

(I1) Tax With-

(J)

held From Form PW-1 Carryover From 2007 I1 I2 I1 I2 I1 I2 I1 I2 I1 I2 I1 I2 I1 I2 I1 I2 I1 I2 I1 I2 I1 I2 I1 I2

(I2) Withholding

Tax

Balance Due (Overpayment)

b.

D1 D2

c.

D1 D2

d.

D1 D2

e.

D1 D2

f.

D1 D2

g.

D1 D2

h.

D1 D2

i.

D1 D2

j.

D1 D2

k.

D1 D2 D1 total only

TOTALS (enter on appropriate line on Schedule 1) . . . . . . . . . .