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This version of the form is not currently in use and is provided for reference only. Download this version of
Form PW-1 (IC-004)
for the current year.
Form PW-1 (IC-004) Wisconsin Nonresident Income or Franchise Tax Withholding on Pass-Through Entity Income - Wisconsin
What Is Form PW-1 (IC-004)?
This is a legal form that was released by the Wisconsin Department of Revenue - a government authority operating within Wisconsin. Check the official instructions before completing and submitting the form.
FAQ
Q: What is Form PW-1?
A: Form PW-1 is a Wisconsin tax form for nonresidents to report and withhold income or franchise taxes on pass-through entity income.
Q: Who needs to file Form PW-1?
A: Nonresidents who receive income from pass-through entities in Wisconsin may need to file Form PW-1.
Q: What is a pass-through entity?
A: A pass-through entity is a business entity where the income is passed through to the owner(s) and reported on their individual tax returns.
Q: What is the purpose of Form PW-1?
A: Form PW-1 is used to report and withhold income or franchise taxes on pass-through entity income earned in Wisconsin by nonresidents.
Q: What information is required on Form PW-1?
A: Form PW-1 requires information about the pass-through entity, the nonresident recipient(s) of the income, and the amount of income or distributions subject to withholding.
Q: When is Form PW-1 due?
A: Form PW-1 is due by the 15th day of the 4th month following the close of the pass-through entity's tax year.
Q: Is there a penalty for not filing Form PW-1?
A: Yes, failure to file Form PW-1 or pay the required withholding taxes may result in penalties and interest.
Q: Can Form PW-1 be filed electronically?
A: Yes, Form PW-1 can be filed electronically using the Wisconsin Department of Revenue's e-file system.
Q: Are nonresident taxpayers required to file a state tax return in Wisconsin?
A: Nonresident taxpayers may be required to file a state tax return in Wisconsin if they have income from Wisconsin sources that is not subject to withholding.
Form Details:
- Released on June 1, 2022;
- The latest edition provided by the Wisconsin Department of Revenue;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of Form PW-1 (IC-004) by clicking the link below or browse more documents and templates provided by the Wisconsin Department of Revenue.
Download Form PW-1 (IC-004) Wisconsin Nonresident Income or Franchise Tax Withholding on Pass-Through Entity Income - Wisconsin
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