Schedule I for Wisconsin

Forum|Forum|2 years ago
February 4, 2024
3 replies
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I have a client that has student loan forgiveness. This is not taxable for Federal purposes, so it does not need to be reported there and she did not receive a 1099-C.

However, it appears it may be taxable for Wisconsin. I cannot seem to find a place in the software to enter this amount so it shows up on Schedule I line G.

Does anyone know how to enter this so it shows and produces the schedule?

Thanks,

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itonewbie

Level 15

State specific modifications have their own input screens. These are generally found under State & Local > Modifications > XX Modifications. In this case, it'd be WI Modifications.

If you scroll down the input screen, you'd find a section called Wisconsin Schedule I Adjustments. Enter the amount taxable to WI on the line for Certain student loan forgiveness. This will then flow to both Wisconsin Schedule I, line 1g and line 2 of Form 1.

---------------------------------------------------------------------------------Still an AllStar

H

hockeyfanAuthor

Level 2

I am able to get to the WI Modifications but the input page does not show anything related to schedule I. There is a list of input boxes, but none of them reference student loan forgiveness.

Not sure what I am missing, but the input page does not look like how you describe it to be.