Wisconsin State Income Tax - Tax Year 2012
Wisconsin Income Tax Table
|Tax Bracket (Single) ||Tax Bracket (Couple) ||Marginal Tax Rate|
The Wisconsin Income Tax
Wisconsin collects a state income tax at a maximum marginal tax rate of 7.75%, spread across five tax brackets. Like the Federal Income Tax, Wisconsin's income tax allows couples filing jointly to pay a lower overall rate on their combined income with wider tax brackets for joint filers. There are a total of eleven states with higher marginal income tax rates then Wisconsin.
Some states, including Wisconsin, increase, but don't double, all or some bracket widths for joint filers (other states with this law include GA, MN, NM, NC, ND, OK, RI, and VT). There are -36 days left until Tax Day, on April 15th 2013.
Wisconsin Tax Deductions
Income tax deductions are expenses that can be deducted from your gross pre-tax income. Using deductions is an excellent way to reduce your Wisconsin income tax and maximize your refund, so be sure to research deductions that you mey be able to claim on your Federal and Wisconsin tax returns. For details on specific deductions available in Wisconsin, see the list of Wisconsin income tax deductions.
- The Wisconsin standard deduction is $9,140.00 for individuals and $16,940.00 for married couples filing jointly. The standard deduction may be chosen instead of filing an itemized deduction on your Wisconsin tax return.
- Wisconsin's personal income tax exemptions include a personal exemption of $700.00. You can deduct one single exemption from your gross income if you are responsible for supporting yourself financially.
- Wisconsin has a dependent exemption of $700.00. You may claim one dependent examption for each of the children, relatives, or others who live with and are supported by you as described § 152 of the IRC (Internal Revenue Code).
- Wisconsin allows limited itemized deductions. You may be able to claim most of the same deductions on your Wisconsin income tax return as you do on your Federal return, but more limitations and phase-outs may exist for higher income taxpayers. For more information, see the list of Wisconsin itemized deductions.
Wisconsin Income Tax Forms
How To File Your Wisconsin Income Tax Return
Where To Send Your Wisconsin Tax Return
Income Tax Returns (No Payment)
Wisonsin Department of Revenue P.O. Box 59 Madison, WI 53785-0001
Income Tax Returns (Payment Enclosed)
Wisonsin Department of Revenue P.O. Box 268 Madison, WI 53790-0001
e-Filing: Submit Your Wisconsin Tax Return Online
You can save time and money by electronically filing your Wisconsin income tax directly with the Department of Revenue . Benefits of e-Filing your Wisconsin tax return include instant submission, error checking, and faster refund response times. Most tax preparers can electronically file your return for you, or you can do it yourself using free or paid income tax software, like the examples listed below.
To e-file your Wisconsin and Federal income tax returns, you need a piece of tax software that is certified for eFile by the IRS. While most in-depth tax software charges a fee, there are several free options available through the states, and simple versions are also offered free of charge by most tax software companies.
The two most popular tax software packages are H&R Block At Home, sold by the H&R Block tax preparation company, and TurboTax Federal & State, sold by the Intuit software company. Both companies produce multiple editions for simple to very complex tax returns, so be sure to carefully compare the features offered by each package.
Getting Your Wisconsin Tax Refund
If your state tax witholdings are greater then the amount of income tax you owe the state of Wisconsin, you will receive an income tax refund check from the government to make up the difference.
It should take one to three weeks for your refund check to be processed after your income tax return is recieved. E-filing your return and filing early can help ensure your refund check gets sent as quickly as possible.
Once you've filed your tax return, all you have to do is wait for your refund to arrive. If you want to check the status of your Wisconsin tax refund, you can visit the Wisconsin Department of Revenue Income Tax Refund page.
Send Instant Feedback About This Page
- Our state ranking and income tax figures are based on a family of four (married parents with two children) earning the national median household income of $50,000 per year. Deductions and personal exemptions are taken into account, but some state-specific deductions and tax credit programs may not be accounted for.
- Before the official 2013 Wisconsin income tax rates are released, provisional 2013 tax rates are based on Wisconsin's 2012 income tax brackets.
- The 2013 state personal income tax brackets are updated from the Wisconsin Department of Revenue and Tax Foundation data.
- Wisconsin tax forms are sourced from the Wisconsin Department of Revenue income tax forms page, and are updated on a yearly basis. Please make sure the Wisconsin forms you are using are up-to-date.