What is the Wisconsin Dairy and Livestock Farm Investment Credit?
The Wisconsin Dairy and Livestock Farm Investment Credit is a nonrefundable credit equal to 10% of the amount the claimant paid in the taxable year for dairy or livestock farm modernization or expansion related to the operation of the claimant’s dairy or livestock farm. The aggregate amount of credits that a claimant may claim is $50,000. The credit must be claimed within four years of the unextended due date of the tax return.