Wisconsin Tax FAQs

• taxmOuth Wisconsin Tax FAQs

Wisconsin Tax Forms

• taxmOuth Wisconsin Tax Forms

Wisconsin Corporate Taxes

• taxmOuth Wisconsin Corporate Taxes
• Wisconsin Tax 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

Wisconsin Tax Incentives and Credits

• taxmOuth Wisconsin Tax Credits
• Job Credits?: Y
• R&D Credits?: N
• Investment Credits?: Y

Wisconsin Individual Income Taxes

• taxmOuth Wisconsin Individual Income Taxes
• Wisconsin tax rates and 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

Wisconsin Estate, Gift and Inheritance Taxes

• taxmOuth Wisconsin Estate and Gift Taxes
• Gift Tax?: N
• Estate Tax?: Copies Federal
• Inheritance Tax?: N
• Generation-Skipping Tax?: N

Wisconsin Miscellaneous Taxes

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

Wisconsin Pass-through Tax Treatment

• taxmOuth Wisconsin Pass-through Entity Tax
• LLC Pass-through Recognized?: Y
• S-Corp Pass-through Recognized?: Y

Wisconsin Payroll Taxes

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

Wisconsin Property Taxes

• taxmOuth Wisconsin 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)

Wisconsin Sales and Use Taxes

• taxmOuth Wisconsin Sales and Use Taxes
• State Rate: 5.00%
• County & City (Weighted Ave): 0.42%
• Combined State and Ave. Local Rates (Rank): 5.42% (#41)
• General Treatment of Services: Many Taxable
• Gasoline: Exempt
• Groceries: Exempt