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In anticipation of the upcoming Exempt Org and Texas Franchise deadlines (5/15), we've compiled a list of the most common questions here.
In anticipation of the upcoming Exempt Org and Texas Franchise deadlines (5/15), we've compiled a list of the most common questions here.
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Wisconsin Earned Income Credit using PYEI
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lisakayeschmidt
Level 3
04-27-2021
11:04 AM
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Why hasn't Proseries changed the Wisconsin program to reflect the following? It was passed on February 18th. "Wisconsin adopted section 211 of Division EE of Public Law 116-260, allowing taxpayers to elect to use their 2019 earned income to compute their 2020 federal and Wisconsin earned income tax credits." As far as I can see, the program is still only using 2020's earned income even if you chose to use 2019's earned income in the federal program.
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