1. ​​​​​ What form is used to claim the credit?
   
   
2. Am I required to submit documentation with my tax return?
   
   
3. Do I use my property tax bills to determine the average value of real property on lines 12b and 13 of Schedule MA-A or MA-M?
   
   
4. All of my manufacturing and/or agricultural activities occur in Wisconsin on property assessed as agricultural and/or manufacturing. Am I required to complete the property factor on lines12b and 13 of Schedule MA–A and MA–M?
   
   

1. What form is used to claim the credit?

   Wisconsin Schedule MA-A or MA-M— Wisconsin Manufacturing or Agriculture Credit, is used to claim the credit. revenue.wi.gov/Pages/HTML/formpub.aspx

2. Am I required to submit documentation with my tax return?

   For claimants not receiving the credit passed through from a partnership, tax-option (S) corporation, limited liability company, estate, or trust: The only documentation you are required to submit with your tax return is Wisconsin Schedule MA-A or MA-M—Wisconsin Manufacturing or Agriculture Credit.

   For claimants receiving the credit passed through from a partnership, tax-option (S) corporation, limited liability company, estate, or trust: You are required to submit Wisconsin Schedule MA-A or MA-M:—Wisconsin Manufacturing or Agriculture Credit, and a copy of the Wisconsin Schedule 3K-1, Schedule 5K-1, and/or Schedule 2K-1.

3. Do I use my property tax bills to determine the average value of real property on lines 12b and 13 of Schedule MA-A and MA-M?

   No. The property value is based on the original cost of the property provided on a real estate closing statement, purchase invoices, or similar document.

4. All of my manufacturing and/or agricultural activities occur in Wisconsin on property assessed as agricultural and/or manufacturing. Am I required to complete the property factor on lines 12b and 13 of Schedule MA–A and MA–M?

   No. If all manufacturing and/or agricultural activities occur entirely in Wisconsin on property assessed as manufacturing or agricultural, check box 12a on Schedule MA–A or MA–M, leave lines 12b and 13 blank, and enter 100.0000 on line 14.

Applicable Laws and Rules

This document provides statements or interpretations of the following laws and regulations enacted as of October 11, 2024 secs. 71.07(5n) and 71.28(5n), Wis. Stats., and secs. Tax 2.03 and 2.08, Wis. Adm. Code.

Laws enacted and in effect after this date, new administrative rules, and court decisions may change the interpretations in this document. Guidance issued prior to this date, that is contrary to the information in this document is superseded by this document, according to sec. 73.16(2)(a), Wis. Stats.

The department welcomes your input on our guidance. Submit comments on this guidance document.

Guidance Document Number: 100158

October 11, 2024​​