Calculation of Wisconsin Income Tax
Tables For Tax Year 2016
- Single, Head of Household, or Fiduciaries
- Wisconsin taxable income under $100,000:
- Determine midpoint of $100 brackets with the following exceptions:
- $0 - $20 of taxable income in first bracket has a tax of –0–.
- $20 - $40 of taxable income in second bracket has a tax of $1.
- $40 - $100 of taxable income in third bracket has a tax of $3.
- 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
LeastBut
Less ThanTax Computation $ 0 $ 11,120 4.00% of excess over $0 $ 11,120 $ 22,230 $444.80 plus 5.84% of excess over $11,120 $ 22,230 $ 100,000 $1,093.624 plus 6.27% of excess over $22,230
- Determine midpoint of $100 brackets with the following exceptions:
- Wisconsin taxable income of $100,000 or over, apply the following rates:
Taxable Income
At
LeastBut
Less ThanTax Computation $ 100,000 $ 244,750 $5,969.803 plus 6.27% of excess over $100,000 $ 244,750 or over $15,045.628 plus 7.65% of excess over $244,750
- Wisconsin taxable income under $100,000:
- Married Filing Jointly
- Wisconsin taxable income under $100,000:
- Determine midpoint of $100 brackets with the following exceptions:
- $0 - $20 of taxable income in first bracket has a tax of –0–.
- $20 - $40 of taxable income in second bracket has a tax of $1.
- $40 - $100 of taxable income in third bracket has a tax of $3.
- 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
LeastBut
Less ThanTax Computation $ 0 $ 14,820 4.00% of excess over $0 $ 14,820 $ 29,640 $592.80 plus 5.84% of excess over $14,820 $ 29,640 $ 100,000 $1,458.288 plus 6.27% of excess over $29,640
- Determine midpoint of $100 brackets with the following exceptions:
- Wisconsin taxable income of $100,000 or over, apply the following rates:
Taxable Income
At
LeastBut
Less ThanTax Computation $ 100,000 $ 326,330 $5,869.86 plus 6.27% of excess over $100,000 $ 326,330 or over $20,060.751 plus 7.65% of excess over $326,330
- Wisconsin taxable income under $100,000:
- Married Filing Separately
- Wisconsin taxable income under $100,000:
- Determine midpoint of $100 brackets with the following exceptions:
- $0 - $20 of taxable income in first bracket has a tax of –0–.
- $20 - $40 of taxable income in second bracket has a tax of $1.
- $40 - $100 of taxable income in third bracket has a tax of $3.
- 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
LeastBut
Less ThanTax Computation $ 0 $ 7,410 4.00% of excess over $0 $ 7,410 $ 14,820 $296.40 plus 5.84% of excess over $7,410 $ 14,820 $ 100,000 $729.144 plus 6.27% of excess over $14,820
- Determine midpoint of $100 brackets with the following exceptions:
- Wisconsin taxable income of $100,000 or over, apply the following rates:
Taxable Income
At
LeastBut
Less ThanTax Computation $ 100,000 $ 163,170 $6,069.93 plus 6.27% of excess over $100,000 $ 163,170 or over $10,030.689 plus 7.65% of excess over $163,170
- Wisconsin taxable income under $100,000:
Calculation of Wisconsin Standard Deduction Tables
For Tax Year 2016
- Single
- Wisconsin income under $117,477:
- Determine midpoint of $500 brackets with the following exceptions:
- $0 - $10,140 of Wisconsin income in first bracket has a standard deduction of $10,270.
- $10,140 - $10,500 of Wisconsin income in second bracket has a standard deduction of $10,270.
- $117,000- $117,477 in last bracket has a standard deduction of $0.
- Determine the standard deduction for that midpoint as follows:
Wisconsin Income
At
LeastBut
Less ThanStandard Deduction $ 0 $ 14,800 $10,270 $ 14,800 $100,383 $10,270 less 12% of excess over $14,800 $100,383 or over $0
- Determine midpoint of $500 brackets with the following exceptions:
- For Wisconsin income of $117,477 or over, the standard deduction is $0. (Note: The standard deduction table continues to $117,477 even though the standard deduction is $0 for single persons beginning with the $100,500 - $101,000 bracket.)
- Wisconsin income under $117,477:
- Married Filing Jointly
- Wisconsin income under $117,477:
- Determine midpoint of $500 brackets with the following exceptions:
- $0 - $10,140 of Wisconsin income in first bracket has a standard deduction of $19,010.
- $10,140 - $10,500 of Wisconsin income in second bracket has a standard deduction of $19,010.
- $117,000 - $117,477 in last bracket has a standard deduction of $47.
- Determine the standard deduction for that midpoint as follows:
Wisconsin Income
At
LeastBut
Less ThanStandard Deduction $ 0 $ 21,360 $19,010 $ 21,360 $ 117,477 $19,010 less 19.778% of excess over $21,360 $ 117,477 or over $0
- Determine midpoint of $500 brackets with the following exceptions:
- For Wisconsin income of $117,477 or over, the standard deduction is $0.
- Wisconsin income under $117,477:
- Married Filing Separately
- Wisconsin income under $117,477:
- Determine midpoint of $500 brackets with the following exceptions:
- $0 - $10,140 of Wisconsin income in first bracket has a standard deduction of $9,030
- $10,140 - $10,500 of Wisconsin income in second bracket has a standard deduction of $8,994.
- $117,000 - $117,477 in last bracket has a standard deduction of $0.
- Determine the standard deduction for that midpoint as follows:
Wisconsin Income
At
LeastBut
Less ThanStandard Deduction $ 0 $ 10,140 $9,030 $ 10,140 $ 55,797 $9,030 less 19.778% of excess over $10,140 $ 55,797 or over $0
- Determine midpoint of $500 brackets with the following exceptions:
- For Wisconsin income of $117,477 or over, the standard deduction is $0. (Note: The standard deduction table continues to $117,477 even though the standard deduction is $0 for married persons filing separately beginning with the $56,000 - $56,500 bracket.)
- Wisconsin income under $117,477:
- Head of Household
- Wisconsin income under $117,477:
- Determine midpoint of $500 brackets with the following exceptions:
- $0 - $10,140 of Wisconsin income in first bracket has a standard deduction of $13,260.
- $10,140 - $10,500 of Wisconsin income in second bracket has a standard deduction of $13,260.
- $117,000 - $117,477 in last bracket has a standard deduction of $0.
- Determine the standard deduction for that midpoint as follows:
Wisconsin Income
At
LeastBut
Less ThanStandard Deduction $ 0 $ 14,800 $13,260 $ 14,800 $ 43,237 $13,260 less 22.515% of excess over $14,800 $ 43,237 $100,383 $10,270 less 12% of excess over $14,800 $100,383 or over $0
- Determine midpoint of $500 brackets with the following exceptions:
- For Wisconsin income of $117,477 or over, the standard deduction is $0. (Note: The standard deduction table continues to $117,477 even though the standard deduction is $0 for head of household beginning with the $100,500 - $101,000 bracket.)
- Wisconsin income under $117,477:
Calculation of Wisconsin School Property Tax Credit Tables
For Tax Year 2016
Note: These tables have not changed from the 2015 version.
- Homeowner's School Property Tax Credit Table
- Property tax paid of less than $2,500:
- Determine midpoint of $25 brackets ($1 - $25 of property tax paid in first bracket has a credit of $2).
- Multiply the midpoint by 0.12.
- For property tax paid of $2,500 or more, the credit is $300.
- Property tax paid of less than $2,500:
- Renter's School Property Tax Credit Table
- If heat included in rent:
- Determine midpoint of $100 brackets ($1 - $100 of rent paid in first bracket has a credit of $1).
- Multiply the midpoint by 0.024.
- For rent paid of $12,500 or more, the credit is $300.
- If heat not included in rent:
- Determine midpoint of $100 brackets ($1 - $100 of rent paid in first bracket has a credit of $2).
- Multiply the midpoint by 0.03.
- For rent paid of $10,000 or more, the credit is $300.
- If heat included in rent:
Calculation of Wisconsin Homestead Credit Tables A and B
For Tax Year 2016
Note: These tables have not changed from the 2015 version.
- Table A
- Determine midpoint of $115 brackets with the following exceptions:
- $0 - $8,060 of household income in first bracket has a Table A amount of $0.
- $24,620 - $24,680 of household income in second-to-last bracket has a Table A amount of $1,457.
- $24,680 or more of household income in last bracket has a Table A amount of $1,460.
- Determine the Table A amount for that midpoint as follows:
[Midpoint - $8,060] X .0878459
- Determine midpoint of $115 brackets with the following exceptions:
- Table B
- Determine the midpoint of $10 brackets with the following exceptions:
- $0 - $.01 in first bracket has a Table B amount of $0.
- $.01 - $10 in second bracket has a Table B amount of $10.
- $1,460 or more in last bracket has a Table B amount of $1,168.
- Determine the Table B amount for that midpoint by multiplying the midpoint by 80% (.80).
- Determine the midpoint of $10 brackets with the following exceptions:
June 21, 2016
Updates were made to the code or formatting on this page as of June 21, 2016. This date does not reflect the effective date or any other date relating to the content of this page.