Wisconsin Wisconsin Allocation and Separate Accounting Data

Wisconsin Allocation and Separate Accounting Data
2022 IC-044 Form C Wisconsin Allocation and Separate Accounting Data (fillable)
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Wisconsin Allocation and Separate Accounting Data
File with Wisconsin Form 3, 4, 4T, 5S, or 6

Name	
Wisconsin
Department of Revenue

Part I	

Print

Federal Employer ID Number

Allocation of Book Income or Net Income per Income Statement
1
Basis of
Allocation

Allocable
to
Wisconsin

2022

2

3

Allocable
Outside
Wisconsin

Total

1	 Enter items of income:

2	 Enter total income
3	 Enter expenses:

4	 Enter total expenses
5	 Enter book income or net income per income statement
The book income on line 5, column 3, must agree with either federal Schedule M‑1, line 1, or for Schedule M-3 filers, the net income
per income statement, figured on a separate company basis.

IC-044 (R. 6-22)

(over)

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2022 Form C

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Part II	 Reconciliation of Book Income or Net Income per Income Statement With Net Income
1

2

3

Allocable
to
Wisconsin

Allocable
Outside
Wisconsin

Total

	 6	 Book income or net income per income statement (must agree with
		 Part I, line 5)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 

	 7	 Addition adjustments to arrive at federal net income (sum of addition
adjustments on federal Schedule M-1, or for Schedule M-3 filers, the
sum of addition adjustments from Parts II and III)  . . . . . . . . . . . . . . . . 
	8	 Add lines 6 and 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 
	9	 Subtraction adjustments to arrive at federal net income (sum of subtraction adjustments on federal Schedule M-1, or for Schedule M-3 filers,
the sum of subtraction adjustments from Parts II and III)  . . . . . . . . . . 
	10	 Subtract line 9 from line 8. This is federal taxable income before net
		 operating loss deduction and special deductions . . . . . . . . . . . . . . . . . 
	11	 Additions to federal income included on Form 3, Part III, line 8; Form
4, Schedule 4V; Form 4T, page 3, Part 1, line 10; Form 5S, Part IV, line
10; or Form 6, Part II, line 2k . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 
	12	 Add lines 10 and 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 
	13	 Subtractions from federal income included on Form 3, Part III, line 16;
Form 4, Schedule 4W; Form 4T, page 3, Part 2, line 8; Form 5S, Part
IV, line 19; or Form 6, Part II, line 4p  . . . . . . . . . . . . . . . . . . . . . . . . . . 
	14	 Subtract line 13 from line 12. This is the taxpayer's net income . . . . . . 
	15	 Enter the amount from line 14 that will be apportioned instead of
		allocated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 
	16	 Subtract line 15 from line 14. This is the taxpayer's allocable net
income. Enter the amount from column 1 on Form N, line 6, column a.
Enter the amount from column 3 on Form N, line 6, column b. . . . . . . .

Additional Information Required
17	 Has the taxpayer obtained written permission from the Department of Revenue to use separate accounting?		

Yes	

No

18	a	 Transfers to Wisconsin branches: Enter the amount of sales $			
	

paid $	

, interest paid $	

, purchases $		
, management fees 		
, and royalties paid $		
by branches outside Wisconsin.

	
b	 Transfers to out-of-state branches: Enter the amount of sales $		
, purchases $		
, management fees
		 paid $	
, interest paid $	
, and royalties paid $			
by Wisconsin branches.
	

Attach an explanation of how transfer prices were determined.

19	 Explain how income and expenses were allocated in and outside Wisconsin			

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