Instructions for Form IC-234 Schedule CM Community Rehabilitation Program Credit - Wisconsin

Form IC-234 Schedule CM Community Rehabilitation Program Credit - Wisconsin

This document contains official instructions for Form IC-234 Schedule CM, Community Rehabilitation Program Credit - a form released and collected by the Wisconsin Department of Revenue. An up-to-date fillable Form IC-234 Schedule CM is available for download through this link.

FAQ

Q: What is Form IC-234?
A: Form IC-234 is a specific form used in Wisconsin for reporting the Community Rehabilitation Program Credit.

Q: What is Schedule CM?
A: Schedule CM is a part of Form IC-234 that is used to calculate and report the Community Rehabilitation Program Credit.

Q: What is the Community Rehabilitation Program Credit?
A: The Community Rehabilitation Program Credit is a tax credit provided to businesses in Wisconsin that hire and train individuals with disabilities.

Q: Who is eligible for the Community Rehabilitation Program Credit?
A: Businesses that employ individuals with disabilities in Wisconsin are eligible for the Community Rehabilitation Program Credit.

Q: How is the Community Rehabilitation Program Credit calculated?
A: The credit is calculated based on the wages paid to employees with disabilities and the amount of training provided by the business.

Q: Do I need to file Form IC-234 Schedule CM?
A: If you are a business in Wisconsin that has employed individuals with disabilities and want to claim the Community Rehabilitation Program Credit, you need to file Form IC-234 Schedule CM.

Q: What is the deadline for filing Form IC-234 Schedule CM?
A: The deadline for filing Form IC-234 Schedule CM is generally the same as the deadline for filing the corresponding tax return, which is usually April 15th.