Wisconsin Income Tax Rate 2023 - 2024
Wisconsin state income tax rate table for the 2023 - 2024 filing season has four income tax brackets with WI tax rates of 3.5%, 4.4%, 5.3% and 7.65% for Single, Married Filing Jointly, Married Filing Separately, and Head of Household statuses.
The bottom two Wisconsin tax rates have decreased from last year. The first tax bracket was reduced from 3.54% to 3.5%, and, the second tax bracket from 4.65% to 4.4%. The top two income tax rates of 5.3% and 7.65% are unchanged from last year. The Wisconsin tax brackets increased due to the annual inflation adjustment.
Wisconsin income tax rate and tax brackets shown in the table below are based on income earned between January 1, 2023 through December 31, 2023. Outlook for the 2024 Wisconsin income tax rate is for the lower two rates to remain the same. The upper two income tax brackets may merge and receive a blended rate of 6.5% in accordance with Senate Bill 70 for tax year 2024. Income tax bracket amounts overall will increasing due to the annual inflation adjustment.
| Income Tax Bracket | Tax Rate 2023 | ||
|---|---|---|---|
| $0 | to | $13,810 | 3.5% |
| $13,811 | to | $27,630 | 4.4% |
| $27,631 | to | $304,170 | 5.3% |
| $304,171 | to | ∞ | 7.65% |
| Income Tax Bracket | Tax Rate 2023 | ||
|---|---|---|---|
| $0 | to | $18,420 | 3.5% |
| $18,421 | to | $36,840 | 4.4% |
| $36,841 | to | $405,550 | 5.3% |
| $405,551 | to | ∞ | 7.65% |
| Income Tax Bracket | Tax Rate 2023 | ||
|---|---|---|---|
| $0 | to | $9,210 | 3.5% |
| $9,211 | to | $18,420 | 4.4% |
| $18,421 | to | $202,780 | 5.3% |
| $202,781 | to | ∞ | 7.65% |
| Income Tax Bracket | Tax Rate 2023 | ||
|---|---|---|---|
| $0 | to | $13,810 | 3.5% |
| $13,811 | to | $27,630 | 4.4% |
| $27,631 | to | $304,170 | 5.3% |
| $304,171 | to | ∞ | 7.65% |
Source: 2023 Wisconsin Individual Income Tax Rates, published by the Wisconsin Department of Revenue.
Please reference the Wisconsin tax forms and instructions booklet published by the Wisconsin Department of Revenue to determine if you owe state income tax or are due a state income tax refund. Wisconsin income tax forms are generally published at the end of each calendar year, which will include any last minute 2023 - 2024 legislative changes to the WI tax rate or tax brackets. The Wisconsin income tax rate tables and tax brackets shown on this web page are for illustration purposes only.
Wisconsin Tax Brackets 2023 - 2024
Looking at the tax rate and tax brackets shown in the tables above for Wisconsin, we can see that Wisconsin collects individual income taxes differently for Single versus Married filing statuses, for example. We can also see the progressive nature of Wisconsin state income tax rates from the lowest WI tax rate bracket of 3.54% to the highest WI tax rate bracket of 7.65%.
For single taxpayers living and working in the state of Wisconsin:
- Tax rate of 3.5% on the first $13,810 of taxable income.
- Tax rate of 4.4% on taxable income between $13,811 and $27,630.
- Tax rate of 5.3% on taxable income between $27,631 and $304,170.
- Tax rate of 7.65% on taxable income over $304,170.
For married taxpayers living and working in the state of Wisconsin:
- Tax rate of 3.5% on the first $18,420 of taxable income.
- Tax rate of 4.4% on taxable income between $18,421 and $36,840.
- Tax rate of 5.3% on taxable income between $36,841 and $405,550.
- Tax rate of 7.65% on taxable income over $405,550.
For the Single, Married Filing Jointly, Married Filing Separately, and Head of Household filing statuses, the WI tax rates and the number of tax brackets remain the same. Notice, however, the Wisconsin income tax brackets for Married Filing Jointly increase from $13,810 to $18,420 (not double) at 3.5%, and increase from $304,170 to $405,550 (not double) at 7.65% the highest tax bracket. Married Filing Separately income tax brackets are approximately one half that of the Married Filing Jointly income tax brackets in the state of Wisconsin.
Last updated: December 15, 2023
References:
- Individual Income Tax Rate Reductions under Enrolled 2023 SB 70 and 2023 Act 19 (PDF). Lang, Bob. Wisconsin State Legislature, July 7, 2023. Retrieved December 15, 2023.
- 71.06 Rates of taxation. Wisconsin Statutes, Wisconsin State Legislature. Retrieved December 15, 2023.
- Tax Rates. State of Wisconsin, Wisconsin Department of Revenue. Retrieved December 15, 2023.