Free 2008 IC-055 Form 5 - Wisconsin Corporation Franchise or Income Tax Return (pdf fillable format) - Wisconsin


File Size: 236.7 kB
Pages: 2
Date: January 30, 2009
File Format: PDF
State: Wisconsin
Category: Tax Forms
Author: IS&E Admin
Word Count: 891 Words, 6,448 Characters
Page Size: Letter (8 1/2" x 11")
URL

http://www.dor.state.wi.us/forms/2008/08ic-055f.pdf

Download 2008 IC-055 Form 5 - Wisconsin Corporation Franchise or Income Tax Return (pdf fillable format) ( 236.7 kB)


Preview 2008 IC-055 Form 5 - Wisconsin Corporation Franchise or Income Tax Return (pdf fillable format)
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5

Wisconsin Corporation Franchise or Income Tax Return
M M D D Y Y Y Y and ending M M D D Y Y Y Y
.

2008
Due Date: 15th day of 3rd month following close of taxable year.
A Federal Employer ID Number B Business Activity (NAICS) Code

For 2008 or taxable year beginning

Complete form using BLACK INK.
Corporation Name

DO NOT STAPLE OR BIND

Number and Street City D Check if applicable and attach explanation: 1 2 First return - new corporation or entering Wisconsin Final return - corporation dissolved or withdrew 3 4 Short period - change in accounting period Short period - stock purchase or sale State ZIP (+ 4 digit suffix if known)

C State of Incorporation and Enter abbreviation of state in box, or if a foreign country, enter below.

Year

Check if applicable and see instructions: E F G h I If this is an amended return, attach an explanation of the changes. . M M D D Y Y Y Y If no business was transacted in Wisconsin during the taxable year, attach a complete copy of your federal return. If you have related entity expenses and are required to file Schedule RT with this return. If you filed a federal consolidated return, enter Parent Company's federal employer ID number . . . . . . . . . . . . . . . . . . . . . If you have an extension of time to file, enter the extended due date

*C1F508991*
.

ENTER NEGATIvE NumBERS LIKE ThIS 1000

NOT LIKE ThIS (1000) 1 2 3 4 5 6 7 8 9

NO COmmAS; NO CENTS

1 Federal taxable income from Form 1120, line 28 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Additions (from Schedule V, line 12) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Add lines 1 and 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Subtractions (from Schedule W, line 16) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Subtract line 4 from line 3. This is net income (loss) before net business loss offset . . . . . . .
PAPER CLIP check or money order here

6 Wisconsin net business loss carryforward (from Form 4BL, line 30) but not more than line 5 . 7 Subtract line 6 from line 5. This is Wisconsin net income (loss) . . . . . . . . . . . . . . . . . . . . 8 Enter 7.9% (0.079) of Wisconsin net income on line 7. This is gross tax . . . . . . . . . . . . . . . . 9 Nonrefundable credits (from Schedule CR, line 33) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10 Subtract line 9 from line 8. If line 9 is more than line 8, enter zero (0). This is net tax . . . . . . 10 11 Recycling surcharge (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 12 Endangered resources donation (decreases refund or increases amount owed) . . . . 12 13 Veterans trust fund donation (decreases refund or increases amount owed) . . . . . . . . . . . . . 13 14 Add lines 10 through 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 15 Estimated tax payments less refund from Form 4466W. If this is an amended return, see instructions . . . . . . . . 15 16 Wisconsin tax withheld . . . . . . . . . . . . . . . . . . . . . . . . . 17 Refundable credits (from Schedule CR, line 37) . . . . . . 16 17

.00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00

.00 .00 .00 .00 .00 .00 .00 .00
19

18 Add lines 15 through 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 19 Interest, penalty, and late fee due (from Form 4U, line 17 or 26). If you annualized income on Form 4U, check the space after the arrow . . . . . . . . . . .

20 Tax due. If the total of lines 14 and 19 is larger than line 18, enter amount owed . . . . . . . . . 20 21 Overpayment. If line 18 is larger than the total of lines 14 and 19, enter amount overpaid . . 21 22 Enter amount of line 21 you want credited on 2009 estimated tax . . . 22

.00

23 Subtract line 22 from line 21. This is your refund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23

IC-055i

For Department Use Only

Go to Page 2

2008 Form 5

Page 2

of 2

24 Enter total company gross receipts from all activities (see instructions) . . . . . . . . . . . . . . . . . 24 25 Enter total company assets from federal Form 1120 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 26 If the corporation paid, accrued, or incurred more than $100,000 of expenses to a related entity, the corporation must file Schedule RT with this return. Under Wisconsin law, certain related entity expenses may not be allowable unless disclosed on Schedule RT on a timely filed return. See instructions for details. On line 26, enter total related entity expenses disclosed on Schedule RT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26

.00 .00

.00

27a If the corporation is the sole owner of any limited liability companies (LLCs), enter the names and FEINs of those LLCs below. Submit an additional schedule if necessary:
Name of LLC FEIN

27b Did you include the income of the LLCs listed on line 27a on this return? Additional Information Required
1 Person to contact concerning this return: 2 City and state where books and records are located for audit purposes:

Yes

No

Phone #:

Fax #:

3 Did you purchase any taxable tangible personal property or taxable services for storage, use, or consumption in Wisconsin without payment Yes No If yes, you owe Wisconsin use tax. See instructions for how to report use tax. of a state sales or use tax? 4 Did any adjustments made by the Internal Revenue Service to your income for prior years become finalized during this year? If yes, see instructions and indicate years adjusted: Yes No

Under penalties of law, I declare that this return and all attachments are true, correct, and complete to the best of my knowledge and belief.
Signature of Officer Preparer's Signature Title Preparer's Federal Employer ID Number Date Date

You must file a copy of your federal return with Form 5, even if no Wisconsin activity.
If you are not filing your return electronically, make your check payable to and mail your return to: Wisconsin Department of Revenue PO Box 8908 Madison, WI 53708-8908

*C2F508991*