Where to record WI Angel Investment Tax Credit?

Forum|Forum|7 years ago
June 6, 2019
7 replies
28 views

Is there a place to input these credits in TTax?

I know we also have to send in Schedule VC.

Thanks.

TurboTax Deluxe Windows

Best answer by MaryK1

If you go to the Wisconsin Summary page, click on Credits and Taxes, under Business and investment credits, select Other Tax Credits, then you will see Angel Investment Credit on the list.

MaryK1Answer

Level 11

If you go to the Wisconsin Summary page, click on Credits and Taxes, under Business and investment credits, select Other Tax Credits, then you will see Angel Investment Credit on the list.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

PixelDroidAuthor

Level 2

Thanks!  We made a single investment, but the WEDC and sent us 2 verfications, one to me and one to my wife - each nofication has a different claim # and lists half of the investment and half of the credit.
I.e.  Each one notice has both of these lines:
Eligible Investment                Investment Credit
Half the investment $              Half the credit
Half the investment $              Half the credit

Do I enter them as separate investments and credits in TTax?
Thanks again.