Form Pw 1 – Fill Out and Use This PDF

The Form PW-1, known as the Total Amount Withheld Form, is a critical document for Wisconsin nonresident income or franchise tax withholding on pass-through entity income. It is structured for a specific tax year, emphasizing the importance of electronic filing for entities. This form captures essential details, including pass-through entity information, total income, and the amount withheld. To ensure you’re meeting your tax obligations efficiently, click the button below to fill out your Form PW-1.

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Form Pw 1 PDF Details

Understanding the complexities of tax obligations can be challenging, especially for nonresidents with pass-through income from entities in Wisconsin. The Total Amount Withheld Form PW-1 serves as a crucial document for these individuals, detailing the Wisconsin Nonresident Income or Franchise Tax Withholding on Pass-Through Entity Income for the calendar year 2020 or the fiscal year beginning and ending in 2020. This form, which must be filed electronically, is designed for entities withholding taxes on behalf of nonresident members, partners, shareholders, or beneficiaries. It covers several critical areas, including the entity’s information, election to pay tax at the entity level, computation of total withholding, adjustments for payments and refunds, and details necessary for tiered entities. Additionally, the form outlines the procedures for calculating and reporting each nonresident's share of income and withholding tax, offering a structured approach to ensuring compliance with state tax laws. Importantly, it also provides opportunities for designating a third party to discuss the return with tax authorities and for claiming overpayments or reporting amounts due. Preparing and submitting the Form PW-1 accurately is essential for pass-through entities and their nonresident affiliates to fulfill their tax obligations and avoid potential penalties.

Question	Answer
Form Name	Form Pw 1
Form Length	2 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	30 sec
Other names	wisconsin pw 1 form, wi income through, wisconsin pw 1, wi pw 1 extension

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Total Amount Withheld

FormPW-1Wisconsin Nonresident Income or Franchise Tax Withholding on Pass-Through Entity Income

For calandar year 2020 or tax year beginning

2 0 2 0 and ending

2 0

M M D D Y Y Y Y

2020

If this is an amended return, include Schedule AR and check here If this is a final return, check here

Part 1: Pass-Through Entity Information							This form must be filed ELECTRONICALLY.

Name of Pass-Through Entity Withholding the Tax							Federal Employer ID Number

Number and Street					Suite/Unit		For Estates Only: Decedent’s Social Security Number
			Electronically
City							State				ZIP Code (+ 4 digit suffix if known)

Person to Contact Regarding This Information							Telephone Number

				Form
A Income or franchise tax form number filed (or to be filed) by the pass-through entity for this period (check one):												A	5S	3	2
B Election to pay tax at the entity level (see instructions)							. . . . . . . . .					B
C Total pass-through income under Wisconsin law (see instructions)							. . . .		.	C. . . .		. . . .			.00
D Amount included in Item C that was taxed by a lower-tier entity (see inst uctions)							. . . .			. D. . . .		.			.00
E Subtract Item D from Item C. If the result is less than 0, fill in 0							. . . . .			. E. . . .		. . . .			.00


1	Total withholding tax computed (from Part 2, line 17)			. . . . . . . . . . . . . . . . . .	. . . . . . . . . . . . . . .		. .			1					.00
2	Estimated quarterly withholding tax payments (less orm 4466W refund, if any)						. . . . .			2					.00
3	Sample						w.) . . .		.	3					.00
3	Enter total tax withheld by lower-tier entities from Part 1A (Identify lower-tier entities in Pa t 1A bel						w.) . . .		.	3					.00
4	. . . . . . .Enter total tax withheld by WT-11 filers		. . . . . . . . . .	. . . . . . . . . . . . . . . . . . . . . . .	. . . . . .					4					.00
5	Amended Return Only – amount previous y paid . . .			. . . . . . . . . . . . . . .	. . . . . . . . . . . .	. . . .		. . .		. 5					.00
6	Add lines 2 through 5	. . . . . . . . .	. . . . . . .	. . . . . . . . . . . . . .	. . . . . . . . . . . . .		. . . . . .		.	. 6					.00
7	Amended Return Only – amount	reviously refunded								. 7					.00
8	Subtract line 7 from 6	. . . . . . . . .	. . . . . . . . . . . . . . . . . . . . . . .		. . . . . . . . . . . . . .		. . . .			8					.00
9	Underpayment interest due (from Form PW-U, line 17) . If you annualized income
	on Form PW-U, check the space after the arrow . . .			. . . . . . . . . . . . . . .	. . . . . . . . . . . .					9					.00
10	Other interest nd penalty due .	. . . . . . . . . .	. . . . . . .	. . . . . . . . . . . . . . . .	. . . . . . . . . . . . .	.	. . .	.		10					.00
11	Amount due. If the total of lines 1, 9 and 10 is greater than line 8, enter amount owed .						. . . . . .		.	11					.00
12	Overpayment. If line 8 is gr at	r than the total of lines 1, 9 and 10, enter amount
	overpaid	. . . . . . . . .	. . . . . . . . . . . . . . . . . . . . .		. . . . . . . . . . . . .		. . .	. . .	.	12.					.00
13	Enter amount from line 12 you want cr dit d on 2021 estimated withholding tax									13					.00
14	Subtract line 13 from l ne 12 . Th s is your refund. . .			. . . . . . . . . . . . . . . . . . . .	. . . . . . . . . . . . . .					14					.00

Part 1A: Additional Information Required for Tiered Entities (see instructions)

Name	File	FEIN	Total Amount Withheld
	File
Name		FEIN

Third

Party

Designee

Do you want to allow another person to discuss this return with the department?

Yes Complete the following .

Phone Number

Personal Identification Number (PIN)

Designee’s

Name

I declare, under penalties of law, that this return is true, correct, and complete to the best of my knowledge and belief.

Preparer’s Signature

Date

File this form electronically through My Tax Account or through the Federal/State E-filing Program.

IC-004 (R . 8-20)

2020 Form PW-1

Page 2 of 2

Part 2: Nonresident Shareholder, Partner, Member, or Beneficiary Information

(Note: See instructions corresponding to each column letter)

If affidavit (Form PW-2) was filed by nonresident, columns E through H are not required.



Address

SSN

Electronically$$

A .

B .

C .

D .

E .

G .

H .

Share of

Affidavit

Wisconsin

Withholding

Tax

Taxable

Gross

Share of

Tax

Form

Tax Credits

Computed

Nonresident’s Name and Address

FEIN or SSN

Form

Filed

Income

Withholding

Name

FEIN

Yes

Address

SSN

Name

FEIN

Yes

Address

SSN

Name

FEIN

Yes

Address

SSN

Name

Sample

Yes

FEIN

Yes

Address

SSN

Name

FEIN

Yes

Address

SSN

Name

FEIN

Y s

Address

SSN

Name

FEIN

Yes

Address

SSN

Name

File

FEIN

Yes

Name

FEIN

Address

SSN

Total Wisconsin income (add lines a through i)

. . .

15 Total withholding this page

. . . . . . . . . . . . .

. . . . . .

16 Number of additional pages included

. Total of line 15 amount from all additional pages

17 Total withholding tax computed . Add lines 15 and 16 . Enter total on Part 1, line 1

IC-004

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