Instructions for Form 1CNP, IP-031 Composite Wisconsin Individual Income Tax Return for Nonresident Partners - Wisconsin

This document contains official instructions for Form 1CNP , and Form IP-031 . Both forms are released and collected by the Wisconsin Department of Revenue.

FAQ

Q: What is Form 1CNP?
A: Form 1CNP is the Composite Wisconsin Individual Income Tax Return for Nonresident Partners in Wisconsin.

Q: Who should file Form 1CNP?
A: Nonresident partners in Wisconsin should file Form 1CNP.

Q: What is the purpose of Form 1CNP?
A: Form 1CNP is used to report and pay Wisconsin income tax on behalf of nonresident partners.

Q: What information is required on Form 1CNP?
A: Form 1CNP requires information about the partnership, the nonresident partner, and their share of income.

Q: When is Form 1CNP due?
A: Form 1CNP is due on or before the 15th day of the 4th month following the close of the partnership's tax year.

Q: Are nonresident partners required to file a separate individual income tax return?
A: No, nonresident partners do not need to file a separate individual income tax return in Wisconsin if they file Form 1CNP.

Q: Can Form 1CNP be filed electronically?
A: Yes, Form 1CNP can be filed electronically through Wisconsin's electronic filing system.

Q: What should nonresident partners do if they have income from multiple partnerships?
A: Nonresident partners with income from multiple partnerships should file a separate Form 1CNP for each partnership.

Q: Are there any penalties for late filing or payment of Form 1CNP?
A: Yes, penalties may apply for late filing or payment of Form 1CNP. It is important to file and pay on time to avoid penalties.