Passive Activity Losses

  1. What is a passive activity?

  2. What are the passive activity limitations?

  3. Are Wisconsin passive activity losses always the same as on the federal return?

  4. What is Wisconsin Schedule I used for?

  5. What amount is included in the Wisconsin column of Form 1NPR if a passive activity loss is not affected by a Schedule I adjustment?

  6. What amount is included in the Wisconsin column if a passive activity loss is affected by a Schedule I adjustment?


FOR MORE INFORMATION PLEASE CONTACT:

MS 5-77
WISCONSIN DEPARTMENT OF REVENUE
Customer Service Bureau
PO Box 8949
Madison, WI 53708-8949
Phone: (608) 266-2486
Fax: (608) 267-1030
Email additional questions to DORIncome@wisconsin.gov

October 25, 2017