This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form 6BL, IC-247 for the current year.
This document contains official instructions for Form 6BL , and Form IC-247 . Both forms are released and collected by the Wisconsin Department of Revenue. An up-to-date fillable Form 6BL (IC-247) is available for download through this link.
Q: What is Form 6BL?
A: Form 6BL is a form used for reporting Wisconsin net business loss carryforwards for combined group members.
Q: Who needs to file Form 6BL?
A: Form 6BL must be filed by combined group members in Wisconsin who have net business loss carryforwards.
Q: What is a net business loss carryforward?
A: A net business loss carryforward is a loss from previous years that can be used to offset future taxable income.
Q: What is a combined group?
A: A combined group is a group of corporations that elect to file a combined Wisconsin income tax return.
Q: What information is needed to complete Form 6BL?
A: To complete Form 6BL, you will need information about the net business loss carryforwards for each combined group member.
Q: Are there any deadlines for filing Form 6BL?
A: Yes, Form 6BL must be filed by the due date of the combined group's Wisconsin income tax return.
Q: Can Form 6BL be amended?
A: Yes, Form 6BL can be amended within the statute of limitations.
Q: What should I do with Form 6BL after filing?
A: After filing Form 6BL, you should keep a copy for your records.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the Wisconsin Department of Revenue.