I'm a full time WI resident. I have no capital loss carryover. In 2020, I had long term capital gains from sale of mutual fund and from a distribution from that same fund. These show up on lines 9(h) and and Line 13 of Federal Schedule D
The LTCG from sale of mutual fund shows up on line 10(h) of Wisconsin Schedule WD, but only 70% of the distributions paid by that fund appear on Line 14 of Wisconsin Schedule WD.
My question is: Am I supposed to make a Wisconsin Adjustment to the LTCG from the sale of the mutual fund? Should the the 30% deduction apply to the LTCG associated w/ sale of mutual fund?
Thank you
