Wisconsin

What's New



By the Numbers

Personal Income Tax Features (2015)
Range of Tax Rates 4.6% - 6.75%
Standard Deduction
  • $10,080 ($18,150 for Married Couples) (2014)
  • Personal Exemption $700
    Dependent Exemption $700
    Earned Income Tax Credit (EITC) 4% -- 34% Refundable
  • Notable capital gains preference
  • Standard deduction phases out for high income levels
  • Corporate Income Tax Features (2015)
    Range of Tax Rates Standard deduction phases out for high income levels
    Income Level at Which Top Rate Applies N/A
    Combined Reporting 7.90%
    Apportionment Factor (Payroll) All
    Apportionment Factor (Property) Yes
    Apportionment Factor (Sales) 0%
    Sales Tax Features (2015)
    State Sales Tax Rate 5.00%
    Average Local Sales Tax Rate 0.45%
    Average Combined State & Local Sales Tax Rate 5.45%
    State Sales Tax Treatment of Groceries Exempt
    Local Sales Tax Treatment of Groceries Exempt
    Number of Services Taxed 76 out of 168 surveyed (2007)
    Streamlined Sales Tax Membership Full
  • Vendor Compensation available without ceiling
  • Sales tax applies to digital goods and services
  • Property Tax Features (2015)
  • Provides a circuit breaker for homeowners and renters of all ages
  • Provides a non-refundable income tax credit (up to $300) designed to offset property taxes paid.
  • Other Tax & Revenue Features (2015)
    Gasoline Tax Rate (per gallon) $0.329
    Diesel Tax Rate (per gallon) $0.329
    Cigarette Tax Rate (per pack) $2.52
    Estate or Inheritance Tax No
    Net Lottery Sales Per Capita $85 (2010)
    Tax Policy Oversight
    Tax Expenditure Report Yes
    Tax Incidence Analysis Capability Personal income tax only

    Last updated January 13, 2015