Wis. Admin. Code § Tax 3.02 — Pass-through entity withholding

Tax 3.02(1) (1) Purpose. This section provides additional guidance with respect to the treatment of withholding tax for pass-through entities.

Tax 3.02(2) (2) Credit for nonresident entertainer, lottery, and pari-mutuel withholding. A pass-through entity may elect to allocate nonresident entertainer, lottery, and pari-mutuel withholding to its nonresident partners, members, shareholders, or beneficiaries, but only to the extent the income subject to withholding is allocated to those partners, members, shareholders, or beneficiaries. A pass-through entity may credit amounts withheld under ss. 71.64 (5) and 71.67 (4) and (5) , Stats., or amounts paid or deposited under s. 71.80 (15) (b) or (c) , Stats., against the withholding amounts required under s. 71.775 (2) , Stats., to such extent, in the manner and form prescribed by the department.