Uncategorized

Wisconsin State Income Tax Changes

By April 14, 2014 February 19th, 2015 No Comments

In March 2014, Wisconsin Governor Scott Walker signed into law a $500+ million tax cut package.  In addition to property tax cuts, effective on April 1st, the plan reduces both the state’s tax rates and the number of income tax brackets. A typical Wisconsin family will get more than $500 more in their paycheck throughout the year because of the withholding changes.

Changes to state income tax include the following:tax

  • Withholding Rates
  • Withholding Tables
  • Deduction Amounts
  • Supplemental/Bonus Withholding Rates

For more information visit: http://www.revenue.wi.gov/pubs/pb166.pdf..