Instructions For Combined Wisconsin Individual Income Tax Return For Nonresident Members Of Professional Athletic Teams Form 1cna 1998 (Page 6 of 7) in pdf

Page 5

Column K. Tax — If the team member’s federal

Column L. Wisconsin Tax Withheld — Enter any

adjusted gross income has been entered on Schedule

Wisconsin income tax withheld from a team member’s

2, column I, figure the tax on the income in column H by

compensation. Attach a legible copy of the team mem-

using the tax computation worksheet below. Don’t use

ber’s wage statement to Form 1CNA.

the tax tables in the Form WI-Z, 1A, or 1 booklets

because a standard deduction is built into those tables.

Include in column L any estimated tax payments made

No standard deduction or itemized deductions are

by the team member or by the team on each member’s

allowed for purposes of this combined filing.

behalf. Attach a schedule showing the member’s name,

social security number, and amount of Wisconsin

estimated tax payments made.

Tax Computation Worksheet

1 If your filing status is:

• Single or head of household,

Amended Return: If this is an amended return, enter

fill in $7,500

the Wisconsin income tax previously paid.

• Married filing joint return,

fill in $10,000

Column M. Balance Due or Overpayment — Com-

• Married filing separate return,

pute the balance due or overpayment for each team

fill in $5,000 . . . . . . . . . . . . .

member.

2 Divide the amount from Schedule

2, column H, by the amount from

Schedule 1

Schedule 2, column I, and enter

the ratio . . . . . . . . . . . . . . . . . . .

Line 1. Wisconsin Compensation of Qualifying

3 Multiply line 1 by line 2 . . . . . . .

and Participating Nonresident Team Members —

4 Fill in the amount from Schedule

Enter the total Wisconsin compensation from Schedule

2, column H . . . . . . . . . . . . . . .

2, column H.

5 Fill in the smaller of line 3 or

line 4 . . . . . . . . . . . . . . . . . . . . .

Line 2. Tax — Enter the total tax from Schedule 2,

6 Multiply line 5 by 4.77% (0.0477)

(round to the nearest cent) . . .

column K.

7 Subtract line 5 from line 4. If the

result is zero, skip lines 8

Line 3. Wisconsin Tax Withheld — Enter the total

through 11 and go to line 12 . .

Wisconsin tax withheld from Schedule 2, column L.

8 Fill in the smaller of line 3 or

line 7 . . . . . . . . . . . . . . . . . . . . .

Line 4 or 5. Balance of Tax Due or Overpayment

9 Multiply line 8 by 6.37% (0.0637)

— Complete line 4 or 5 to determine the amount you

(round to the nearest cent) . . .

owe or your overpayment.

10 Subtract line 8 from line 7. If the

result is zero, skip line 11 and go

If you owe an additional amount, you may pay by check

to line 12 . . . . . . . . . . . . . . . . . .

or money order made payable to the Wisconsin Depart-

11 Multiply line 10 by 6.77%

ment of Revenue. Write the team’s federal employer

(0.0677) (round to the nearest

identification number on the check and attach it to the

cent) . . . . . . . . . . . . . . . . . . . . .

front of Form 1CNA.

12 Add lines 6, 9, and 11. Fill in the

total here and on Schedule 2,

Line 6. Amount to Apply to 1999 Estimated Tax

column K . . . . . . . . . . . . . . . . . .

— Enter the amount of any overpayment from line 5

Alternate Method: If the team member’s federal

that is to be applied to the team members’ 1999 esti-

adjusted gross income is unknown or the team member

mated tax. Attach to Form 1CNA a schedule showing

is participating in more than one Form 1CNA, multiply

each member’s name, social security number, and

the Wisconsin compensation in column H by 6.77%

share of the amount on line 6. The balance will be

(0.0677) and enter the result on Schedule 2, column K.

refunded.

Note: If a team member is subject to the Wisconsin

Signatures — An officer of the team must sign and

alternative minimum tax, complete a Wisconsin Sched-

date Form 1CNA at the bottom of page 1. If the return

ule MT, Alternative Minimum Tax, for that member.

is prepared by someone other than an employe of the

Include the amount of alternative minimum tax in

team, the preparer’s signature is also required.

column K. Attach a copy of Schedule MT to Form

1CNA.

Instructions For Combined Wisconsin Individual Income Tax Return For Nonresident Members Of Professional Athletic Teams Form 1cna 1998 Page 6

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