Free Schedule FC - Wisconsin


File Size: 236.6 kB
Pages: 2
Date: November 26, 2008
File Format: PDF
State: Wisconsin
Category: Tax Forms
Word Count: 446 Words, 8,833 Characters
Page Size: Letter (8 1/2" x 11")
URL

http://www.dor.state.wi.us/forms/2008/08i-025.pdf

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Schedule

FC

Wisconsin farmland preservation credit claim

*I1FC08991*
,2008,ending
M.I. M.I. Checkbelow: Individual Corporation(including publiclytradedpartnershipor LLCtreatedascorporation) TrustorEstate Daytimetelephonenumber

CompleteformusingBLACKINK
Claimant'slegallastname Spouse'slegallastname Homeaddress(numberandstreet) Cityorpostoffice State

For2008ortaxableyearbeginning
Claimant'slegalfirstname Spouse'slegalfirstname

2008
,20

Claimant'ssocialsecuritynumber Spouse'ssocialsecuritynumber

IMPORTANT
Individualsmustentertheir socialsecuritynumber(s).

Zipcode

(

)

Questions Questions1through7mustbeanswered(seeinstructions,page4). 1 a Individuals­WereyoualegalresidentofWisconsinforallof2008?(If"No,"youdonotqualify.) . . . . 1a b Corporations­WereyouorganizedunderthelawsofWisconsin?(If"No,"youdonotqualify.). . . . . . 1b 2 Haveyoubeennotifiedthatyouareinnoncompliancewithanysoilandwaterconservationplan orstandard?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Havethe2007propertytaxesforallofthefarmlandonwhichthisclaimisbasedbeenpaidinfull?. . . . . 3 4 Whatisthenumberofacresonwhichthisclaimisbased?(Seeinstructions,page4.) . . . . . . . . . . . . . . 4 . 5 Didthefarmlandproducegrossfarmprofitsofatleast$6,000during2008oratotalofatleast $18,000during2006,2007,and2008combined? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 . 6 Wereatleast35acresofthefarmlandonwhichthisclaimisbasedenrolledintheConservation ReserveProgramduring2008?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 7 Ifthefarmlandwasusedbysomeoneelsewhomettherequirementinquestion5,whatisthat person'snameandaddress? HouseholdIncome Completelines8through10. Printnumberslikethis Yes Yes Yes Yes Yes Yes No No No No ACRES No No

8 Taxableincomeanddependents'farmincome(seeinstructions,page4). NOCOMMAS;NOCENTS a Individuals(includingpartnersandallcorporateshareholders)­ (1) Incomefromline13ofForm1(Form1NPRfilersseeinstructions).......................8a(1) .00

PAPERCLIPScheduleFCbehindtaxreturn

(2) Spouse'sincomefromWisconsinincometaxreturn(ifmarriedfilingseparately) . . . . . . . . . . . . 8a(2) (3) Farmincomeofdependentsunderage18­Completetheworksheetbelow . . . . . . . . . . . . . . . 8a(3)
Name BirthDate FarmIncome

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.00 .00 .00 Totalfarmincome­fillinhereandonline8a(3)above . . . . . . . . . . . . . . . . . . . . . . . . Note:Ifyouhavemorethan3dependentswithfarmincome,encloseaseparateschedule. .00

b Corporations­IncomefromWisconsinForm4or5(seeinstructions). . . . . . . . . . . . . . . . . . . . . . . . . 8b c TrustsandEstates­TotalfromIncomeWorksheetonpage5oftheinstructions . . . . . . . . . . . . . . . . 8c 9 Otherhouseholdincomeandadjustments(seeinstructions,pages5through7). a Depreciation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9a b Nonfarmbusinesslosses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9b c Amortization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9c d Capitalgainsnottaxable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9d e Capitallosscarryforwards . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9e f Cashpublicassistance,countyrelief,andWisconsinWorkspayments(donotinclude fostercarepayments). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9f g Childsupport,maintenancepayments,andothersupportmoney(courtordered) . . . . . . . . . . . . . . . . 9g h Contributionstodeferredcompensationplans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9h i ContributionstoIRAs,self-employedSEP,SIMPLE,andqualifiedplans . . . . . . . . . . . . . . . . . . . . . . . 9i j Depletionexpenseandintangibledrillingcosts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9j k Addlines8through9j.Enterhereandonline9L,atthetopofpage2. . . . . . . . . . . . . . . . . . . . . . . . . 9k

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I-025i

ScheduleFC(2008)

*I2FC08991*

Page2of2

9 L Fillintheamountfromline9k(page1)here. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9L mGainfromsaleofhomeexcludedforfederaltaxpurposes(seeinstructions) . . . . . . . . . . . . . . . . . 9m . n Nontaxablehousingallowanceprovidedtoamemberoftheclergy . . . . . . . . . . . . . . . . . . . . . . . . . 9n o Incomeofanonresidentorpart-yearresidentspouse . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9o . p Interestonstateandmunicipalbonds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9p q InterestonUnitedStatessecurities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9q r IRA,SEP,andSIMPLEdistributions,distributionsfromretirementplans,pension,annuity, railroadretirement,andveterans'pensionordisabilitypayments . . . . . . . . . . . . . . . . . . . . . . . . . . 9r s Militarycompensationorcashbenefits. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9s t NontaxableincomefromsourcesoutsideWisconsin . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9t . u NontaxableincomeofaNativeAmerican . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9u v Rentreductionforaresidentmanager . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9v w Scholarships,fellowships,andgrants. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9w x SocialsecurityandSSIpayments(donotincludeTitleXXpayments) . . . . . . . . . . . . . . . . . . . . . . . 9x y Unemploymentcompensation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9y z Workers'compensationandnontaxablelossoftimeinsurance(forexample,sickpay) . . . . . . . . . . 9z 10 TOTALHOUSEHOLDINCOME­Addlines9Lthrough9z . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . CreditComputation Completelines11through18,asapplicable(seeinstructions,pages7through9). 11 a Fillinthenet2008propertytaxesonwhichthisclaimisbased . . . . . 11a 10

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b FillintheSMALLERoftheamountonline11aor$6,000. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b 1 12 Usingtheincomeamountonline10,fillintheappropriateamountfromTABLE1,page15 . . . . . . . . 2 . 1 13 Subtractline12fromline11b(ifline12exceedsline11b,fillin0) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 1 14 Usingtheamountonline13,fillintheappropriateamountfromTABLE2,page16. . . . . . . . . . . . . . . 4 1 15 RegularCredit­Checkbelowtoindicatethepercentageofcreditforwhichyouqualify: a b c d 100%­Fillinamountfromline14. . . . . . . . . . . . . . . . . . . . . . . . . 5a 1 80%­Fillin80%ofline14amount. . . . . . . . . . . . . . . . . . . . . . . . 5b 1 70%­Fillin70%ofline14amount. . . . . . . . . . . . . . . . . . . . . . . . 5c 1 MultiplePercentages­Fromline21ofWORKSHEET2,page12 5d 1

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16 10%SpecialMinimumCredit­Fillin10%ofline11b . . . . . . . . . . . . . . . 16 . 17 CreditBasedonPriorYear'sLaw­Fillinamountfromline11of WORKSHEET1,page11­availableonlyifyouragreementwas effectivebefore8/15/91. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

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18 FARMLANDPRESERVATIONCREDIT­FillintheLARGESTofline15athrough17 online18.Fillinthecreditfromline18ononeofthefollowinglines:line46ofForm1; line71ofForm1NPR;line23ofForm2;orline35ofScheduleCR . . . . . . . . . . . . . . . . . . . . . . .

18

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Certification Ifapplicable,checktotherightofline19tocertifybothofthefollowing(seeinstructions,page9): 19 a Noneoftheinformationonmypreviouslysubmittedzoningcertificatehaschanged,and b IhavenotifiedthecountylandconservationcommitteethatIintendtofilea2008ScheduleFC. . . . . 9 1 SignHere
This farmland preservation credit claim and all enclosures are true, correct, and complete to the best of my knowledge.

Claimant'ssignature

Date