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Tax Rates

Corporate Income Tax

Base          Net Income
Flat Rate    7.9%
Recycling Surcharge  3.0% for corporations with at least $4 million in gross receipts
Minimum surcharge $25; maximum $9,800
 Referenced at WIStateTaxRates

Tax Credits & Incentives

Personal Income Tax

Wisconsin individual income tax rates vary from 4.00% to 7.65%, depending upon marital status and income.

For single taxpayers and taxpayers qualified to file as head of household with taxable income:

Over But Not Over 2014 Tax Is of the Amount Over
$0 $10,189 4.00% $0
$10,910 $21,819 $436.40 + 5.84% $10,910
$21,820 $99,999 $1,073.54 + 6.27% $21,820
$100,000 $240,189 $5,975.43 + 6.27% $100,000
$240,190 $14,765.34 + 7.65% $240,190
 Referenced at WIDeptofRevenueTaxTables

For married taxpayers filing a joint return with taxable income:

Over But Not Over 2014 Tax Is of the Amount Over
$0 $14,539 4.00% $0
$14,540 $29,089 $581.60 + 5.84% $14,540
$29,090 $99,999 $1,431.32 + 6.27% $29,090
$100,000 $320,249 $5,877.38 + 6.27% $100,000
$320,250 $19,687.05 + 7.65% $320,250
Referenced at WIDeptofRevenueTaxTables

For married taxpayers filing separate returns with taxable income:

Over But Not Over 2014 Tax Is of the Amount Over
$0 $7,269 4.00% $0
$7,270 $14,539 $290.80 + 5.84% $7,270
$14,540 $99,999 $715.37 + 6.27% $14,540
$100,000 $160,129 $6,073.71 + 6.27% $100,000
$160,130 $9,843.86 + 7.65% $160,130

 

Referenced at WIDeptofRevenueTaxTables

Note: Nonresidents and part-year residents must prorate the tax based on the ratio of their Wisconsin
income to their federal adjusted gross income. See the Wisconsin Form 1NPR for further details

Property Tax

Base     Real property and tangible personal property
Exemptions    Machinery and equipment used in manufacturing; manufacturing merchant and farm inventories; and computer hardware and software
Rates*    Statewide average rate (excluding Milwaukee County) is estimated at $21.09 per $1000 of full value.
Rate for property in Milwaukee County is estimated at $27.83 per $1000.
Average rate for all cities is $24.44 per $1000.
Referenced at WIStateTaxRates

Sales & Use Tax

State Rate    5.0%
Exemptions    Manufacturing equipment, manufacturing consumables, pollution control equipment, and production fuel and electricity
Local County Option (Walworth)   0.5%
Stadium    0.1% in metro Milwaukee and 0.5% in Brown County
Premier Resort   0.5% in City of Bayfield, City of Eagle River, Village of Stockholm
1.25% in City of Wisconsin Dells and Village of Lake Delton
Combined Rate Range  5.0% to 6.75%
Referenced at WIStateTaxRates

Unemployment Compensation

Taxable Wage Base   $14,000
Rate Range    0.27% to 12.00% for experienced employers
New Employers   Small firms (<$500,000 payroll) 3.60%;
Large firms (>$500,000 payroll) 4.10%;
New construction 6.60%
Referenced at WIStateTaxRates