Schedule4Y: Schedule4Y (2025)
Wisconsin · Wisconsin DOR · Used for tax years 2025
Wisconsin Schedule 4Y calculates the subtraction modification for dividends and is filed with Wisconsin Form 4. It lists payer and payee corporations, acquisition dates, and dividends received, then subtracts foreign taxes paid on those dividends to determine the amount entered o
Who files this form
Schedule 4Y is the 2025 Wisconsin schedule for the subtraction modification for dividends. The form directs corporations to file it with Wisconsin Form 4.
What you'll need
Have the following information ready:
- Your corporation’s name and Federal Employer ID Number.
- The names of the payer and payee corporations for each entry.
- The date acquired by the payee, in MMDDYYYY format.
- The dividends received.
- Foreign taxes paid on dividends included on line 2.
The form also references Wisconsin Form 4, Schedule 4W, and any additional Schedules 4Y.
How to file
File Schedule 4Y with Wisconsin Form 4. The supplied form does not give a mailing address or e-filing directions.
To complete the calculation:
- Enter the dividend details on lines 1a through 1f.
- Add those amounts on line 1g.
- On line 1h, enter the total of line 1g from any additional Schedules 4Y.
- Add lines 1g and 1h on line 2.
- Enter foreign taxes paid on dividends included on line 2 on line 3.
- Subtract line 3 from line 2. Enter the result on line 4 and on Schedule 4W, line 1.
Common mistakes
Do not skip the instructions before completing the schedule. The form specifically reminds you to read them before filling it in.
Questions people ask
Which return does Schedule 4Y go with?
File it with Wisconsin Form 4.
How do I include amounts from additional Schedules 4Y?
Enter the total of line 1g from the additional schedules on line 1h. The form refers you to the instructions for this entry.
Where do I report foreign taxes paid on dividends?
Enter foreign taxes paid on dividends included on line 2 on line 3. Subtract line 3 from line 2 to calculate line 4.
Where does the final amount go?
Enter the amount from Schedule 4Y, line 4, on Schedule 4W, line 1.