Skip to Content


Home > Taxes > State and Local Taxes > Wisconsin State Tax Help and Forms

Wisconsin State Tax Help and Forms (Subscribe)

    SocialTwist Tell-a-Friend    

Wisconsin tax help, forms and answers to thousands of Wisconsin tax questions. Handy summary of all Wisconsin taxes, including corporate and individual Wisconsin income taxes, credits, exemptions, deductions and more. Includes Wisconsin estate, gift and inheritance tax, miscellaneous Wisconsin taxes, pass-through entity treatment, payroll taxes, property taxes and Wisconsin sales & use taxes.

Wisconsin ranks #42 on the State Business Tax Climate Index (TaxFoundation.org).

Wisconsin State Tax Summary (TaxGrams ™)
Corporate Taxes
   Rates & Brackets:
      7.9%> $0
   Loss Carry-back/fwd: 0 Years Back / 15 Years Forward (Unlimited)
   Throwback Sales?: Y
   Foreign Tax Deductible?: Y
   Alternative Minimum Tax (AMT): N
   Gross Receipts Tax: N
   Capital Stock (Net Worth) Tax?: N

Credits and Incentives
   Job Credits?: Y
   R&D Credits?: N
   Investment Credits?: Y

Individual Taxes
   Rates & Brackets:
      3%> $0
      4%> $10,000
      4.5%> $25,000
      6%> $40,000
      6.5%> $60,000
   Local Option IT Rate: None
   Federal Inc used as Base?: Y
   Standard Deductions: Single N/A / Joint N/A
   Personal Exemptions/Credits (c): Single $2,000 / Joint $4,000 / Dependent $2,000
   Federal Tax Deductible?: N
   State Tax Deductible?: Y
   Alternative Minimum Tax (AMT)?: Y

Inheritance, Gift, Estate, Death Taxes
   Gift Tax?: N
   Estate Tax?: Copies Federal
   Inheritance Tax?: N
   Generation-Skipping Tax?: N

Miscellaneous Taxes
   Gas Tax: 32.9 cents/gallon
   Diesel Tax: 32.9 cents/gallon
   Cigarette Tax: 252.0 cents/20 pack

Pass-through Entities
   LLC Pass-through Recognized?: Y
   S-Corp Pass-through Recognized?: Y

Payroll Taxes
   Unemployment Insurance Tax Index (TaxFoundation.org): #23

Property Taxes
   Median Tax Paid on Homes (Rank): $2,963 (#9)
   Median Value of Homes: $173,300
   Tax as % of Home Value (Rank): 1.71% (#4)
   Median Income of Homeowner: $64,507
   Tax as % of Income (Rank): 4.59% (#8)

Sales and Use Taxes
   State Rate: 5.0%
   County & City (Weighted Ave): 0.42%
   Combined State and Ave. Local Rates (Rank): 5.42% (#41)
   General Treatment of Services: Many Taxable
   Gas Exemption: Exempt
   Grocery Exemption: Exempt

 
 

Categories

Related Categories

Links

Wisconsin Administrative Code

The Wisconsin Administrative Code & Register. Updated monthly. In 2 formats: Folio and PDF.

http://www.legis.state.wi.us/rsb/code.htm

Review It Rate It Bookmark It Report Broken Link

Wisconsin: Voluntary Disclosure

Voluntary disclosure may help individuals, partnerships, and corporations that have not filed their required Wisconsin tax returns.

http://www.dor.state.wi.us/faqs/ise/disclose.html

Review It Rate It Bookmark It Report Broken Link