Like many states, Wisconsin makes use of a progressive revenue tax system. Its 4 charges vary from 3.5% to 7.65%. The precise fee you pay relies on your revenue stage and submitting standing. Larger earners usually pay a higher proportion of their revenue in taxes. That mentioned, different elements like residency standing and eligible credit or deductions can play a job in figuring out general tax legal responsibility.
Let’s discover what it’s essential learn about Wisconsin state revenue taxes and how one can plan for submitting your 2024 revenue tax return in 2025.
*Word that you’re nonetheless chargeable for federal taxes should you meet the IRS revenue submitting threshold. This text addresses state-specific taxes solely.
Wisconsin state revenue tax charges
Wisconsin’s particular person revenue tax brackets vary from 3.5% to 7.65% and range by revenue and submitting standing. Like many different states, taxpayers within the Badger State should pay their state revenue taxes by April 15, 2025, which matches the federal deadline and simplifies tax preparation.
How does your submitting standing influence the quantity you possibly can anticipate to owe as a taxpayer for the 2024 tax 12 months (the taxes you file in 2025)? Think about the next information.
Word: For all revenue ranges, the tax fee applies to quantities over the revenue threshold. For instance, a taxpayer submitting Married Submitting Collectively who makes greater than $38,190 can pay 5.3% on the quantity over $38,190. The decrease tax charges apply to the revenue under the edge.
Single and Head of Family
| Revenue vary | Tax fee |
| $0 to $14,320 | 3.5% |
| $14,321 to $28,640 | $501.20 + 4.4% of the quantity over $14,320 |
| $28,641 to $315,310 | $1,131.28 + 5.3% of the quantity over $28,640 |
| Over $315,310 | $16,324.79 + 7.65% of the quantity over $315,310 |
Married Submitting Collectively
| Revenue vary | Tax fee |
| $0 to $19,090 | 3.5% |
| $19,091 to $38,190 | $668.15 + 4.4% of the quantity over $19,090 |
| $38,191 to $420,420 | $1,508.55 + 5.3% of the quantity over $38,190 |
| Over $420,420 | $21,766.74 + 7.65% of the quantity over $420,420 |
Married Submitting Individually
| Revenue vary | Tax fee |
| $0 to $9,550 | 3.5% |
| $9,551 to $19,090 | $334.25 + 4.4% of the quantity over $9,550 |
| $19,091 to $210,210 | $754.01 + 5.3% of the quantity over $19,090 |
| Over $210,210 | $10,883.37 + 7.65% of the quantity over $210,210 |
Supply: Wisconsin Division of Income
Who has to file Wisconsin state revenue tax?
Anybody who earns revenue in Wisconsin could have to file a state tax return based mostly on gross revenue, residency standing, and submitting standing. Usually, which means exceeding the minimal threshold. Nonresidents or part-year residents should file a state return if their Wisconsin-sourced revenue exceeds these minimal revenue threshold quantities. Residents file their Wisconsin return and declare their revenue, regardless of the place it’s earned.
Thresholds range based mostly in your submitting standing and residency standing. You’ll additionally have to file should you’re topic to sure taxes on retirement plan distributions or are claiming sure credit, such because the farmland preservation credit score.
You should file a Wisconsin state revenue tax return for the 2024 tax 12 months should you meet the next gross revenue thresholds:
| Submitting standing | Age | Full-year residents | Half-year/nonresidents |
| Single | Beneath 65 | $13,930 or extra | $2,000 or extra |
| 65 or older | $14,180 or extra | $2,000 or extra | |
| Married Submitting Collectively | Each below 65 | $25,890 or extra | $2,000 or extra |
| One 65 or older | $26,140 or extra | $2,000 or extra | |
| Each 65 or older | $26,390 or extra | $2,000 or extra | |
| Married Submitting Individually | Beneath 65 | $12,330 or extra (per partner) | $2,000 or extra (mixed) |
| 65 or older | $12,580 or extra (per partner) | $2,000 or extra (mixed) | |
| Head of Family | Beneath 65 | $17,790 or extra | $2,000 or extra |
| 65 or older | $18,040 or extra | $2,000 or extra |
Supply: Wisconsin Division of Income
How Wisconsin residency impacts tax submitting
Wisconsin acknowledges three distinct residency statuses for state tax functions: resident, part-year resident, and nonresident. The next chart outlines if you would qualify for every standing, in addition to your tax duties:
| Residency standing | Definition | How Wisconsin taxes revenue |
| Resident | You lived in Wisconsin all 12 months or thought of it your everlasting dwelling. | Taxes all revenue earned, no matter supply. |
| Half-year resident | You lived in Wisconsin for a part of the 12 months or moved in/out in the course of the tax 12 months. | Taxes revenue earned whereas a resident and revenue from Wisconsin sources. |
| Nonresident | You lived outdoors Wisconsin however earned revenue from Wisconsin sources. | Taxes solely revenue earned from Wisconsin sources. |
Supply: Wisconsin Division of Income
Different revenue tax issues in Wisconsin
Past commonplace revenue, Wisconsin taxes a number of different sorts of revenue in a different way. Right here’s a fast breakdown of what you possibly can anticipate should you derive revenue from the next sources:
- Retirement and pension revenue tax: This revenue is taxable, aside from some federal, state, or native authorities pensions. These could qualify for full or partial exemptions.
- Funding revenue tax: That is absolutely taxed as a part of strange revenue, together with dividends and curiosity earned on investments.
- Social Safety revenue tax: Wisconsin excludes Social Safety and Railroad advantages from state taxable revenue.
- Navy revenue tax: Lively-duty army pay is exempt. Navy retirement can also be exempt.
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Widespread Wisconsin state tax credit
| Tax credit score | Description | Quantity |
| Earned Revenue Tax Credit score (EITC) | Gives a refundable credit score to low-income working people and households. | As much as 34% of the federal EITC, relying on revenue and dependents; most federal EITC is $7,830 for the 2024 tax 12 months. |
| Homestead Credit score | Presents a property tax or lease credit score to low-income households. | As much as $1,168, based mostly on revenue, property taxes, or lease paid. |
| Youngster and Dependent Care Credit score | Credit score for a portion of eligible baby and dependent care bills. | As much as 100% of the federal credit score. |
| Married Couple Credit score | Out there for married {couples} with taxable earned revenue in Wisconsin. | As much as $480, based mostly on revenue and Wisconsin taxable wages. |
The way to file Wisconsin state revenue tax
Submitting your Wisconsin state revenue tax return can really feel complicated, particularly when you have issues about deductions, your residency standing, or different elements.
TurboTax may help you file your taxes your self or with skilled assist. We provide knowledgeable steering at every step that will help you lock down each potential deduction and credit score you qualify for when submitting a Wisconsin state tax return. For those who favor assist from a native tax knowledgeable in Wisconsin, we try this, too. We’ll even file your return for you.
