This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form I-053I Schedule M for the current year.
This document contains official instructions for Form I-053I Schedule M, Additions to and Subtractions From Income - a form released and collected by the Wisconsin Department of Revenue. An up-to-date fillable Form I-053I Schedule M is available for download through this link.
Q: What is Form I-053I?
A: Form I-053I is a schedule used to report additions to and subtractions from income for Wisconsin.
Q: What is Schedule M?
A: Schedule M is a part of Form I-053I and is used to report additional income or deductions for Wisconsin.
Q: What are additions to income?
A: Additions to income are all taxable income that are not already included in the federal adjusted gross income, such as interest or dividends.
Q: What are subtractions from income?
A: Subtractions from income are deductions that can be taken on the Wisconsin tax return, such as certain business expenses or contributions to retirement accounts.
Q: Who needs to file Form I-053I Schedule M?
A: Residents of Wisconsin who have additions or subtractions to income need to file Form I-053I Schedule M with their Wisconsin tax return.
Q: Is Form I-053I Schedule M used for both individual and business taxes?
A: Yes, Form I-053I Schedule M can be used for both individual and business taxes in Wisconsin.
Q: Are there any specific instructions for completing Schedule M?
A: Yes, detailed instructions for completing Schedule M can be found in the Wisconsin Schedule M Instructions booklet provided by the Wisconsin Department of Revenue.
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.