New Wisconsin Income Tax Laws
Passed in 2017
Wisconsin follows Federal IRC as of 12/31/16 (with exceptions)
Some Federal tax laws from 2014-2016 were adopted by Wisconsin.
NOL after 9/22/2017 not allowed unless loss was computed on a return filed within 4 years. NOL carryback after 9/22/2017 not allowed unless loss is claimed within 4 years of year of loss.
New limitations for Historic Rehabilitation Credits
QCD from IRA - Same as Federal
Research Tax Credit partially refundable