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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 IC-016 Schedule MA-M
for the current year.
Form IC-016 Schedule MA-M Wisconsin Manufacturing Credit - Wisconsin
What Is Form IC-016 Schedule MA-M?
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 IC-016 Schedule MA-M?
A: Form IC-016 Schedule MA-M is a schedule used in Wisconsin to calculate and claim the Wisconsin Manufacturing Credit.
Q: What is the Wisconsin Manufacturing Credit?
A: The Wisconsin Manufacturing Credit is a tax credit available to eligible manufacturers in Wisconsin. It is designed to support and encourage manufacturing activities in the state.
Q: Who is eligible to claim the Wisconsin Manufacturing Credit?
A: Eligible manufacturers in Wisconsin, defined by certain criteria, are eligible to claim the Wisconsin Manufacturing Credit.
Q: What is the purpose of Form IC-016 Schedule MA-M?
A: The purpose of Form IC-016 Schedule MA-M is to calculate and document the Wisconsin Manufacturing Credit that a manufacturer is eligible to claim.
Q: How do I fill out Form IC-016 Schedule MA-M?
A: You should carefully review the instructions provided with the form and enter the required information, such as manufacturing activities, costs, and other relevant details.
Q: When is the deadline to file Form IC-016 Schedule MA-M?
A: The deadline to file Form IC-016 Schedule MA-M is typically the same as the deadline for filing your Wisconsin state tax return, which is usually April 15th or the next business day.
Q: Can I claim the Wisconsin Manufacturing Credit if I am not a manufacturer?
A: No, the Wisconsin Manufacturing Credit is specifically for eligible manufacturers in the state.
Q: What expenses can be claimed for the Wisconsin Manufacturing Credit?
A: Qualified production activities, such as the cost of materials, direct labor, and certain overhead expenses, can generally be claimed for the Wisconsin Manufacturing Credit.
Q: Is there a limit to the amount of credit that can be claimed?
A: Yes, there is a maximum credit amount that can be claimed, based on the eligible manufacturing activities and expenses incurred.
Form Details:
- Released on August 1, 2021;
- 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 fillable version of Form IC-016 Schedule MA-M by clicking the link below or browse more documents and templates provided by the Wisconsin Department of Revenue.
Download Form IC-016 Schedule MA-M Wisconsin Manufacturing Credit - Wisconsin
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