ScheduleES: ScheduleES (2024)
Wisconsin · Wisconsin DOR · Used for tax years 2024
Wisconsin Schedule ES calculates the 2024 Employee College Savings Account Contribution Credit. It reports credits for eligible contributions made for employees, credits passed through from other entities, and carryovers of unused credit.
Who files this form
Use 2024 Schedule ES to report the Wisconsin employee college savings account contribution credit, including credits passed through from other entities and carryovers of unused credit.
File it with Wisconsin Form 1, 1NPR, 3, 4, 4T, 5S, or 6.
What you'll need
Have the following information ready:
- Your name and identifying number.
- The number of employees for whom you made eligible college savings account contributions.
- The total credits computed for those employees.
- For credits passed through from other entities, each entity's name, FEIN, and credit amount.
- Any carryover of unused employee college savings account contribution credit.
Include an additional schedule for pass-through credits beyond the two entity entries on the form. Include Schedule CF if you report an unused credit carryover or do not use the available credit in full.
How to file
File Schedule ES with Wisconsin Form 1, 1NPR, 3, 4, 4T, 5S, or 6.
- Enter the number of eligible employees on line 1 and the total credits computed for all employees on line 2.
- Report pass-through credits on lines 3a through 3c, then add them on line 3d.
- Add lines 2 and 3d on line 4 to find your 2024 credit.
- Enter any unused credit carryover on line 5 and include Schedule CF.
- Add lines 4 and 5 on line 6 to find your available credit. Include Schedule CF if the credit was not used in full.
The form does not provide a mailing address or e-filing directions.
Common mistakes
- Do not skip the instructions. The form says to read them before filling out the schedule and refers to them for computing the credits on line 2.
- Round amounts to the nearest dollar.
- Do not leave out Schedule CF when reporting an unused credit carryover or when the available credit was not used in full.
- File Schedule ES with one of the Wisconsin forms listed on the schedule.
Questions people ask
Which tax return goes with Schedule ES?
File it with Wisconsin Form 1, 1NPR, 3, 4, 4T, 5S, or 6.
Where do I report credits passed through from another entity?
Use lines 3a and 3b for the entity name, FEIN, and amount. Enter the total from an additional schedule on line 3c, then add lines 3a through 3c on line 3d.
Where do I enter an unused credit carryover?
Enter it on line 5 and include Schedule CF.
How do I find my total available credit?
Add your 2024 credit on line 4 to your carryover on line 5. Enter the result on line 6. Include Schedule CF if the credit was not used in full.
Should I enter cents?
No. The form says to round amounts to the nearest dollar.