ninwin
Returning Member

State tax filing

Follow up request on: "Please tell  me how to navigate to Wisonsin tax TT Premier to change the subtraction for long term capital gain for sale of farmland to 60% instead of the 30% subtraction I'm now receiving.  Reference Schedu1 SB line 5."

 

Same question rephrased for my situation: 

Please tell  me how to navigate to Wisconsin TT Premier to reflect the subtraction for long term capital gain for 30%. It appears to me that Wisconsin is taxing the full amount even though it is a long-term gain. I have already submitted my forms but have been told by financial advisor that amount owed Wisconsin is higher than one would expect (got a federal refund) so I'm looking for where I went wrong with state return.