ScheduleDE: ScheduleDE (2024)
Wisconsin · Wisconsin DOR · Used for tax years 2024
Wisconsin Schedule DE identifies entities you own that are disregarded as separate entities for your 2024 income tax return. It lists each disregarded entity's name and federal employer identification number (FEIN) or Social Security number (SSN) and is filed with your Wisconsin
Who files this form
You must complete and submit Schedule DE if you file a 2024 Wisconsin return and own an entity that is disregarded for income tax purposes. This applies to individuals, estates, trusts, partnerships, tax-option (S) corporations, limited liability companies (LLCs), and corporations.
What you'll need
Have the following information ready to complete Schedule DE:
- The disregarded entity owner's name and identifying number.
- Each disregarded entity's name and federal employer identification number (FEIN) or Social Security number (SSN).
How to file
Enter the owner's name and identifying number, then list each disregarded entity's name and FEIN or SSN. The schedule has 20 numbered rows for entities.
File your 2024 Schedule DE with Wisconsin Form 1, 1NPR, 2, 3, 4, 4T, 5S, or 6, as applicable.
Questions people ask
What is a disregarded entity?
It is an entity that has a single owner, is not organized as a corporation, has not elected to be taxed as a separate entity for federal tax purposes, and has business income or owns a pass-through entity. Some corporations are exceptions, such as a qualified subchapter S subsidiary wholly owned by another S corporation.
Who reports a disregarded entity's income?
The owner reports the disregarded entity's income on the owner's return.
Does Wisconsin follow federal disregarded-entity treatment?
Yes. If an entity is disregarded as a separate entity for federal income tax purposes, it is also disregarded for Wisconsin income tax purposes.
Is a single-member LLC a disregarded entity?
The most common disregarded entity is a single-member LLC that reports its income on its owner's return. The form gives the example of an LLC wholly owned by an individual whose LLC income is reported on Schedule C of the individual's federal Form 1040.