Due Date Update Important Notice for Persons Receiving ...

Due Date Update The due dates for filing and making payments for certain 2020 income tax returns have changed. The due dates in these instructions may not reflect the new due dates. For information on the new filing and payment due dates, see the article 2020 Wisconsin Tax Return Due Dates and Payments. Important Notice for Persons Receiving Unemployment Compensation On March 11, 2021, the American Rescue Plan Act of 2021 (Public Law 117-2) was enacted. Section 9042 of the Act allows for an unemployment compensation exclusion of up to $10,200 for federal purposes. Wisconsin has not adopted this federal provision. As a result, taxpayers must add this exclusion to their federal adjusted gross income in effect for Wisconsin on Schedule I. Note: As a result of this addition to federal adjusted gross income for Wisconsin purposes, other Wisconsin computations may be affected. For example, if you claimed the federal earned income tax credit, you must recompute the federal earned income tax credit for Wisconsin purposes before claiming the Wisconsin earned income credit on Form 1.

For an inclusive list of federal provisions adopted under 2021 Wisconsin Act 1, see the Internal Revenue Code update articles under the new tax laws section of Wisconsin Tax Bulletin 212, available on the department's website on Monday, February 22, 2021. State Grant Programs During the COVID-19 Pandemic

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