Due to differences between Federal and Wisconsin law, Schedule WD will be used to determine the amount of capital gain or loss that you must include in your Wisconsin income. Usually, all amounts from Federal Schedule D must be reported on WI Schedule WD. However, Wisconsin may allow you to exclude 30% of the net capital gain from assets held more than one year. The amount of the loss that can be applied against the other income after offsetting capital gains is limited to $500.
For additional information, please see the Schedule WD instructions.