This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form I-025AI Schedule FC-A for the current year.
This document contains official instructions for Form I-025AI Schedule FC-A, Farmland Preservation Credit - a form released and collected by the Wisconsin Department of Revenue. An up-to-date fillable Form I-025AI Schedule FC-A is available for download through this link.
Q: What is Form I-025AI?
A: Form I-025AI is a form used to claim the Farmland Preservation Credit in Wisconsin.
Q: What is the Farmland Preservation Credit?
A: The Farmland Preservation Credit is a tax credit available to eligible individuals who own and operate farmland in Wisconsin.
Q: Who is eligible for the Farmland Preservation Credit?
A: Eligible individuals are those who own and operate farmland in Wisconsin and meet certain requirements.
Q: What are the requirements to qualify for the Farmland Preservation Credit?
A: To qualify for the Farmland Preservation Credit, you must meet specific criteria related to the size and use of the farmland.
Q: How do I claim the Farmland Preservation Credit?
A: To claim the Farmland Preservation Credit, you need to file Form I-025AI along with your Wisconsin tax return.
Q: Is there a deadline for claiming the Farmland Preservation Credit?
A: Yes, the deadline for claiming the Farmland Preservation Credit is the same as the deadline for filing your Wisconsin tax return.
Q: Are there any other supporting documents required to claim the Farmland Preservation Credit?
A: Yes, you may need to provide additional documentation such as proof of ownership and use of the farmland.
Q: Can I claim the Farmland Preservation Credit if I lease farmland?
A: No, only individuals who own and operate farmland are eligible for the Farmland Preservation Credit.
Q: Can I claim the Farmland Preservation Credit if I live outside of Wisconsin?
A: No, the Farmland Preservation Credit is only available to individuals who own and operate farmland in Wisconsin.
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.