Calculation of Wisconsin Income Tax
Tables For Tax Year 2016

  1. Single, Head of Household, or Fiduciaries
    1. Wisconsin taxable income under $100,000:
      1. 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.
      2. 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 $   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
    2. Wisconsin taxable income of $100,000 or over, apply the following rates:

      Taxable Income

      At
      Least
      But
      Less Than
      Tax 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
  2. Married Filing Jointly
    1. Wisconsin taxable income under $100,000:
      1. 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.
      2. 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 $   14,820 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
    2. Wisconsin taxable income of $100,000 or over, apply the following rates:

      Taxable Income

      At
      Least
      But
      Less Than
      Tax 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
  3. Married Filing Separately
    1. Wisconsin taxable income under $100,000:
      1. 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.
      2. 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 $    7,410 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
    2. Wisconsin taxable income of $100,000 or over, apply the following rates:

      Taxable Income

      At
      Least
      But
      Less Than
      Tax 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

Calculation of Wisconsin Standard Deduction Tables
For Tax Year 2016

  1. Single
    1. Wisconsin income under $117,477:
      1. 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.
      2. Determine the standard deduction for that midpoint as follows:

        Wisconsin Income

        At
        Least
        But
        Less Than
        Standard Deduction
        $ 0 $ 14,800 $10,270
        $ 14,800 $100,383 $10,270 less 12% of excess over $14,800
        $100,383 or over $0
    2. 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.)
  2. Married Filing Jointly
    1. Wisconsin income under $117,477:
      1. 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.
      2. Determine the standard deduction for that midpoint as follows:

        Wisconsin Income

        At
        Least
        But
        Less Than
        Standard 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
    2. For Wisconsin income of $117,477 or over, the standard deduction is $0.
  3. Married Filing Separately
    1. Wisconsin income under $117,477:
      1. 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.
      2. Determine the standard deduction for that midpoint as follows:

        Wisconsin Income

        At
        Least
        But
        Less Than
        Standard 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
    2. 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.)
  4. Head of Household
    1. Wisconsin income under $117,477:
      1. 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.
      2. Determine the standard deduction for that midpoint as follows:

        Wisconsin Income

        At
        Least
        But
        Less Than
        Standard 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
    2. 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.)

Calculation of Wisconsin School Property Tax Credit Tables
For Tax Year 2016

Note: These tables have not changed from the 2015 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.
    2. For property tax paid of $2,500 or more, the credit is $300.
  2. 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.
    2. 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 2016

Note: These tables have not changed from the 2015 version.

  1. Table A
    1. 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.
    2. Determine the Table A amount for that midpoint as follows:
      [Midpoint - $8,060] X .0878459
  2. Table B
    1. 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.
    2. Determine the Table B amount for that midpoint by multiplying the midpoint by 80% (.80).

June 21, 2016