Nonresident Wisconsin Return

Hello, I am working on a nonresident Wisconsin return. Wisconsin has pulled in the info from my Federal return about Capital Gains and Losses. On the Capital Gains and Losses Worksheet in forms view, I see that there's an option to omit these transactions from being included on my Wisconsin return and indicate that it is not subject to Wisconsin tax. How do I know if it should or should not be omitted?

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1 Best answer

Employee Tax Expert

Apr 11, 2024 1:49:32 PM

You would exclude a capital gains and losses transaction if it is not taxable on a nonresident Wisconsin state income tax return because:

you were not a resident of Wisconsin, and
the property that you sold was not located in Wisconsin.

2023 Wisconsin Schedule WD Instructions here states:

Nonresidents and Part-Year Residents

Nonresidents should include only gain or loss from Wisconsin sources on Schedule WD. Part-year residents should include the gain or loss received from all sources while a Wisconsin resident and the gain or loss from Wisconsin sources while a nonresident.

Employee Tax Expert

Apr 11, 2024 1:49:32 PM

You would exclude a capital gains and losses transaction if it is not taxable on a nonresident Wisconsin state income tax return because:

you were not a resident of Wisconsin, and
the property that you sold was not located in Wisconsin.

2023 Wisconsin Schedule WD Instructions here states:

Nonresidents and Part-Year Residents

Level 4

Apr 11, 2024 2:26:12 PM

Thank you!

New Member

Oct 14, 2025 10:25:43 PM

From your answer, I figure that I need to delete capital gains/losses that showed up in the taxable income for Wisconsin column on my 1NPR form. I am a nonresident and the capital gains are not from Wisconsin. How do I do this deletion within TurboTax please. What screens do I use? Thank you.

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Nonresident Wisconsin Return