PDF
Word
This version of the form is not currently in use and is provided for reference only. Download this version of
Form IC-025 Schedule 4Y
for the current year.
Form IC-025 Schedule 4Y Wisconsin Subtraction Modification for Dividends - Wisconsin
What Is Form IC-025 Schedule 4Y?
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-025?
A: Form IC-025 is the Schedule 4Y Wisconsin Subtraction Modification for Dividends.
Q: What is the purpose of Form IC-025?
A: The purpose of Form IC-025 is to report and calculate the Wisconsin Subtraction Modification for Dividends.
Q: What is the Wisconsin Subtraction Modification for Dividends?
A: The Wisconsin Subtraction Modification for Dividends is a deduction that allows taxpayers to reduce their Wisconsin taxable income by the amount of qualifying dividends received.
Q: Who needs to file Form IC-025?
A: Taxpayers who received qualifying dividends and are required to file a Wisconsin state tax return need to file Form IC-025.
Q: Do I have to fill out Form IC-025 if I didn't receive any qualifying dividends?
A: No, if you didn't receive any qualifying dividends, then you don't need to fill out Form IC-025.
Q: Is Form IC-025 the only form I need to report my dividends in Wisconsin?
A: No, in addition to Form IC-025, you may also need to report your dividends on other forms, such as Schedule 1 or Schedule WD.
Q: When is the deadline to file Form IC-025?
A: The deadline to file Form IC-025 is the same as the deadline to file your Wisconsin state tax return, which is usually April 15th.
Q: What happens if I don't file Form IC-025?
A: If you are required to file Form IC-025 and fail to do so, you may be subject to penalties and interest on any unpaid taxes.
Q: Can I file Form IC-025 electronically?
A: Yes, you can file Form IC-025 electronically through the Wisconsin Department of Revenue's e-file system.
Form Details:
- Released on July 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 fillable version of Form IC-025 Schedule 4Y by clicking the link below or browse more documents and templates provided by the Wisconsin Department of Revenue.
