Calculation of Wisconsin Income Tax
Tables For Tax Year 2014

  1. Single, Head of Household, or Fiduciaries
  1. Wisconsin taxable income under $100,000:
  1. Determine midpoint of $100 brackets with the following exceptions:
  1. Apply the following rates to that midpoint: (Note: Only the final amount should be rounded to the nearest dollar. Round .500 or more up and less than .500 down.)

Taxable Income

At
Least
But
Less Than
Tax Computation
$ 0 $   10,910 4.00% of excess over $0
$  10,910 $   21,820 $436.40 plus 5.84% of excess over $10,910
$  21,820 $ 100,000 $1,073.544 plus 6.27% of excess over $21,820
  1. Wisconsin taxable income of $100,000 or over, apply the following rates:

Taxable Income

At
Least
But
Less Than
Tax Computation
$ 100,000 $ 240,190 $5,975.43 plus 6.27% of excess over $100,000
$ 240,190 or over $14,765.343 plus 7.65% of excess over $240,190
  1. Married Filing Jointly
  1. Wisconsin taxable income under $100,000:
  1. Determine midpoint of $100 brackets with the following exceptions:
  1. Apply the following rates to that midpoint: (Note: Only the final amount should be rounded to the nearest dollar. Round .500 or more up and less than .500 down.)

Taxable Income

At
Least
But
Less Than
Tax Computation
$ 0 $   14,540 4.00% of excess over $0
$ 14,540 $   29,090 $581.60 plus 5.84% of excess over $14,540
$ 29,090 $ 100,000 $1,431.32 plus 6.27% of excess over $29,090
  1. Wisconsin taxable income of $100,000 or over, apply the following rates:

Taxable Income

At
Least
But
Less Than
Tax Computation
$ 100,000 $ 320,250 $5,877.377 plus 6.27% of excess over $100,000
$ 320,250 or over $19,687.052 plus 7.65% of excess over $320,250
  1. Married Filing Separately
  1. Wisconsin taxable income under $100,000:
  1. Determine midpoint of $100 brackets with the following exceptions:
  1. Apply the following rates to that midpoint: (Note: Only the final amount should be rounded to the nearest dollar. Round .500 or more up and less than .500 down.)

Taxable Income

At
Least
But
Less Than
Tax Computation
$ 0 $    7,270 4.00% of excess over $0
$   7,270 $   14,540 $290.80 plus 5.84% of excess over $7,270
$ 14,540 $ 100,000 $715.368 plus 6.27% of excess over $14,540
  1. Wisconsin taxable income of $100,000 or over, apply the following rates:

Taxable Income

At
Least
But
Less Than
Tax Computation
$ 100,000 $ 160,130 $6,073.71 plus 6.27% of excess over $100,000
$ 160,130 or over $9,843.861 plus 7.65% of excess over $160,130

Calculation of Wisconsin Standard Deduction Tables
For Tax Year 2014

  1. Single
  1. Wisconsin income under $112,159:
  1. Determine midpoint of $500 brackets with the following exceptions:
  1. Determine the standard deduction for that midpoint as follows:

Wisconsin Income

At
Least
But
Less Than
Standard Deduction
$ 0 $ 14,530 $10,080
$ 14,530 $ 98,530 $10,080 less 12% of excess over $14,530
$ 98,530 or over $0
  1. For Wisconsin income of $112,159 or over, the standard deduction is $0. (Note: The standard deduction table continues to $112,159 even though the standard deduction is $0 for single persons beginning with the $98,500 - $99,000 bracket.)
  1. Married Filing Jointly
  1. Wisconsin income under $112,159:
  1. Determine midpoint of $500 brackets with the following exceptions:
  1. Determine the standard deduction for that midpoint as follows:

Wisconsin Income

At
Least
But
Less Than
Standard Deduction
$ 0 $  20,390 $18,150
$  20,390 $ 112,159 $18,150 less 19.778% of excess over $20,390
$ 112,159 or over $0
  1. For Wisconsin income of $112,159 or over, the standard deduction is $0.
  1. Married Filing Separately
  1. Wisconsin income under $112,159:
  1. Determine midpoint of $500 brackets with the following exceptions:
  1. Determine the standard deduction for that midpoint as follows:

Wisconsin Income

At
Least
But
Less Than
Standard Deduction
$ 0 $   9,690 $8,620
$  9,690 $ 53,274 $8,620 less 19.778% of excess over $9,690
$ 53,274 or over $0
  1. For Wisconsin income of $112,159 or over, the standard deduction is $0. (Note: The standard deduction table continues to $112,159 even though the standard deduction is $0 for married persons filing separately beginning with the $53,500 - $54,000 bracket.)
  1. Head of Household
  1. Wisconsin income under $112,159:
  1. Determine midpoint of $500 brackets with the following exceptions:
  1. Determine the standard deduction for that midpoint as follows:

Wisconsin Income

At
Least
But
Less Than
Standard Deduction
$ 0 $ 14,530 $13,020
$ 14,530 $ 42,491 $13,020 less 22.515% of excess over $14,530
$ 42,491 $ 98,530 $10,080 less 12% of excess over $14,530
$ 98,530 or over $0
  1. For Wisconsin income of $112,159 or over, the standard deduction is $0. (Note: The standard deduction table continues to $112,159 even though the standard deduction is $0 for head of household beginning with the $98,500 - $99,000 bracket.)

Calculation of Wisconsin School Property Tax Credit Tables
For Tax Year 2014

Note: These tables have not changed from the 2013 version.

  1. Homeowner's School Property Tax Credit Table
  1. Property tax paid of less than $2,500:
  1. Determine midpoint of $25 brackets ($1 - $25 of property tax paid in first bracket has a credit of $2).
  2. Multiply the midpoint by 0.12.
  1. For property tax paid of $2,500 or more, the credit is $300.
  1. Renter's School Property Tax Credit Table
  1. If heat included in rent:
  1. Determine midpoint of $100 brackets ($1 - $100 of rent paid in first bracket has a credit of $1).
  2. Multiply the midpoint by 0.024.
  3. For rent paid of $12,500 or more, the credit is $300.
  1. If heat not included in rent:
  1. Determine midpoint of $100 brackets ($1 - $100 of rent paid in first bracket has a credit of $2).
  2. Multiply the midpoint by 0.03.
  3. For rent paid of $10,000 or more, the credit is $300.

Calculation of Wisconsin Homestead Credit Tables A and B
For Tax Year 2014

Note: These tables have not changed from the 2013 version.

  1. Table A
  1. Determine midpoint of $115 brackets with the following exceptions:
  1. Determine the Table A amount for that midpoint as follows:
    [Midpoint - $8,060] X .0878459
  1. Table B
  1. Determine the midpoint of $10 brackets with the following exceptions:
  1. Determine the Table B amount for that midpoint by multiplying the midpoint by 80% (.80).

Page last updated May 12, 2014