Wisconsin Wisconsin Adjustments for Insurance Companies
Extracted from PDF file 2023-wisconsin-schedule-4i.pdf, last modified August 2015Wisconsin Adjustments for Insurance Companies
Tab to navigate within form. Use mouse to check applicable boxes, press spacebar or press Enter. Schedule 4I Wisconsin Department of Revenue Save Print Wisconsin Adjustments for Insurance Companies 2023 File with Wisconsin Form 4 Read instructions before filling in this schedule Corporation Name Clear Federal Employer ID Number Part I Additions Specific to Insurance Companies 1 Loss carryforward deducted in the calculation of federal taxable income . . . . . . . . . . 1 2 Dividend income received to the extent not included in the amount on Form 4, line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Additional federal deduction for insurers required to discount unpaid losses . . . . . . . 3 4 Add lines 1 through 3. Enter this amount on Schedule 4V, line 9 . . . . . . . . . . . . . . . . 4 Part II Nontaxable Income from Life Insurance Operations 5 Insurance company's federal taxable income as reported or included on Form 4, line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 6 Insurance company's total addition modifications from Schedule 4V, line 11 . . . . . . . . 6 7 Add lines 5 and 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 8 Insurance company's total subtraction modifications from Schedule 4W, lines 1 through 15i . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 9 Subtract line 8 from line 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 10a Enter net gain from operations other than life insurance . . . . . . . . . . . . . . . . . . . . . . . 10a 10b Enter total net gain from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10b 11 Divide line 10a by line 10b and enter result as a percentage (see instructions) . . . . . 11 12 Multiply line 9 by line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 13 Subtract line 12 from line 9. Enter this amount on Schedule 4W, line 16 . . . . . . . . . . 13 . % . % Part III Net Business Loss Adjustment for Insurance Companies 14 Enter net income or loss from Form 4, line 9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 15 Enter the net income or loss from Form 4, line 10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 16 Add lines 14 and 15. If the amount is positive, there is no net business loss adjustment. If the amount is negative, complete lines 17 to 20 . . . . . . . . . . . . . . . . . . 16 17 Enter the total dividends received deduction from Schedule 4Y, computed as explained in the instructions. Enter as a negative number . . . . . . . . . . . . . . . . . . . . . . 17 18 Enter the apportionment percentage from Form 4, line 8. . . . . . . . . . . . . . . . . . . . . . . 18 IC-020C (R. 8-23) Go to Page 2 2023 Schedule 4I 19 Multiply line 17 by line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 20 If the absolute value of the amount on line 19 exceeds the absolute value of the amount on line 16, enter the amount from line 16 as a positive number. If the absolute value of the amount on line 16 exceeds the absolute value of the amount on line 19, enter the amount from line 19 as a positive number. Enter or include this amount on Form 4, line 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 Page 2 of 2 Part IV Tax Adjustment for Insurance Companies 21 Insurance company's Wisconsin net income from Form 4, line 15. . . . . . . . . . . . . . . . 21 22 Multiply line 21 by 7.9% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 23a Insurance company's gross premiums as defined in s. 76.62, Wis. Stats. . . . . . . . . . . 23a 23b Multiply line 23a by 2% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23b 24a Wisconsin income realized from lottery prizes as reported on Form N, line 5 . . . . . . . . 24a 24b Multiply line 24a by 7.9% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24b 25 Add lines 23b and 24b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 26 If line 25 is greater than line 22, enter $0 on line 26. If line 25 is less than line 22, subtract line 25 from line 22 and enter the result on line 26. This is the tax adjustment to enter or include on Form 4, line 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 Return to Page 1
2023 IC-020C Schedule 4I Wisconsin Adjustments for Insurance Companies (fillable)
More about the Wisconsin Schedule 4I Corporate Income Tax TY 2023
We last updated the Wisconsin Adjustments for Insurance Companies in February 2024, so this is the latest version of Schedule 4I, fully updated for tax year 2023. You can download or print current or past-year PDFs of Schedule 4I directly from TaxFormFinder. You can print other Wisconsin tax forms here.
Other Wisconsin Corporate Income Tax Forms:
TaxFormFinder has an additional 88 Wisconsin income tax forms that you may need, plus all federal income tax forms.
Form Code | Form Name |
---|---|
Form 2 | Wisconsin Fiduciary Income Tax for Estates or Trusts |
Schedule CC | Request for a Closing Certificate for Fiduciaries |
Schedule 5K-1 | Tax-Option (S) Corporation Shareholder's Share of Income, Deductions, Credits, etc. |
Form 4 | Wisconsin Non-Combined Corporation Franchise or Income Tax Return |
Form 3 | Form 3 Partnership Return |
View all 89 Wisconsin Income Tax Forms
Form Sources:
Wisconsin usually releases forms for the current tax year between January and April. We last updated Wisconsin Schedule 4I from the Department of Revenue in February 2024.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Wisconsin Schedule 4I
We have a total of twelve past-year versions of Schedule 4I in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2023 IC-020C Schedule 4I Wisconsin Adjustments for Insurance Companies (fillable)
2022 IC-020C Schedule 4I Wisconsin Adjustments for Insurance Companies (fillable)
2021 IC-020C Schedule 4I Wisconsin Adjustments for Insurance Companies
2020 IC-020C Schedule 4I Wisconsin Adjustments for Insurance Companies
2019 IC-020C Schedule 4I Wisconsin Adjustments for Insurance Companies (fillable)
2018 IC-020C Schedule 4I Wisconsin Adjustments for Insurance Companies
2017 IC-020C Schedule 4I Wisconsin Adjustments for Insurance Companies
2016 IC-020C Schedule 4I Wisconsin Adjustments for Insurance Companies
2015 IC-020C Schedule 4I Wisconsin Adjustments for Insurance Companies
2013 IC-020C Schedule 4I Wisconsin Adjustments for Insurance Companies
2012 IC-020C Schedule 4I Wisconsin Adjustments for Insurance Companies
2011 IC-020C Schedule 4I Wisconsin Adjustments for Insurance Companies
TaxFormFinder Disclaimer:
While we do our best to keep our list of Wisconsin Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.