ScheduleA-06: ScheduleA-06 (2024)
Wisconsin · Wisconsin DOR · Used for tax years 2024
Wisconsin Schedule A-06 calculates the Wisconsin receipts factor for interstate brokers-dealers, investment advisors, investment companies, and underwriters. It reports Wisconsin and total company receipts, with separate calculations for separate return filers, pass-through entit
Who files this form
The 2024 Wisconsin Schedule A-06 is the Wisconsin receipts-factor schedule for interstate brokers-dealers, investment advisors, investment companies, and underwriters.
The form includes calculation sections for separate return filers and pass-through entities, and for combined return filers. It directs filers to attach it to Wisconsin Form 1NPR, 2, 3, 4, 4T, 5S, or 6.
What you'll need
To complete the schedule, have your name, identifying number, and the amounts requested for the Wisconsin and Total Company columns:
- Gross brokerage commissions, margin interest earned, and account maintenance fees.
- Gross receipts from sales of trading assets, net of commissions.
- Gross receipts from investment contracts and underwriting services.
- Other gross receipts or net gains. Attach a schedule for amounts reported on line 7.
- Gross receipts apportioned to a state where the taxpayer would not be taxable under P L 86-272, for line 8.
Combined return filers also need the intercompany transaction amounts, receipts not included in combined unitary income, and previously excluded intercompany receipts requested on lines 11, 12, and 15.
How to file
File Schedule A-06 with Wisconsin Form 1NPR, 2, 3, 4, 4T, 5S, or 6. The schedule does not provide a mailing address or e-file directions.
- Enter your name and identifying number, then complete the applicable receipts lines.
- On line 4, indicate whether trading assets are sourced using commercial domicile or customer billing address.
- On line 9, add lines 1 through 8 for Wisconsin and lines 1 through 7 for Total Company.
- Separate return filers and pass-through entities complete line 10 to calculate their percentage.
- Combined return filers complete lines 11 through 16. Transfer the Wisconsin amount on line 16 to Form 6, Part III, line 1a, and the Total Company amount to Form 6, Part III, line 1b.
Common mistakes
- Skipping the instructions: The form specifically reminds you to read the instructions before filling in the schedule.
Questions people ask
Do I need an attachment for other gross receipts or net gains?
Yes. Line 7 directs you to attach a schedule.
Are the line 9 totals calculated the same way in both columns?
No. Add lines 1 through 8 for the Wisconsin column, but only lines 1 through 7 for the Total Company column.
How do separate return filers and pass-through entities calculate line 10?
Divide the Wisconsin amount on line 9 by the Total Company amount on line 9, then multiply by 100.
When do combined return filers report previously excluded intercompany receipts on line 15?
Line 15 asks for intercompany sales or receipts previously excluded from the receipts factor because income was deferred, if that deferred income is included in combined unitary income on this return.