Get 2011 Purpose Form 5 - Wisconsin Department Of Revenue - Revenue Wi

This guide provides comprehensive instructions on how to accurately fill out the 2011 Purpose Form 5 for the Wisconsin Department of Revenue. Designed for users with varying levels of experience, this step-by-step guide supports you in understanding each section and field of the form.

Follow the steps to fill out the form effectively.

1. Click the ‘Get Form’ button to obtain the form and open it in the editor.
2. At the top of the form, enter the corporation's taxable year along with the name and address. Ensure that the information is on single lines without stacking.
3. In Item A, provide the federal employer identification number (EIN) for the corporation. If you have not yet applied for an EIN, you can do so using IRS Form SS-4.
4. Specify the business activity using the appropriate NAICS code in Item B, which can be obtained from your federal return.
5. Complete the required sections under Items C through H, following the guidelines provided for each item, including checks for specific circumstances such as first or final returns.
6. In Line 1, enter the federal taxable income before any deductions. This detail is typically found on federal Form 1120.
7. If applicable, complete Schedule V for additions to federal income and enter the total on Line 2.
8. Proceed to Schedule W to make any necessary subtractions from federal income and enter the total on Line 4.
9. Fill in the remaining lines for tax calculations, ensuring to follow the specific instructions for credits and payments.
10. Once all entries are complete, review the form for accuracy, save your changes, and then download, print, or share the form as required.

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