If I have related entity expenses that aren′t eligible for a deduction, does the related entity still have to report the corresponding interest or rental income in Wisconsin income?
If you cannot deduct an interest or rental expense paid to a related entity, or intangible expenses or management fees because they don’t meet the conditions described in Part II of Schedule RT, the related entity may subtract the corresponding income from his, her, or its Wisconsin income if the following requirements are met:
